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- Tasks: Lead product strategies and manage inventory for a dynamic fashion brand.
- Company: Join a leading social network that thrives on creativity and innovation.
- Benefits: Enjoy competitive pay, flexible work options, and exciting corporate perks.
- Why this job: Be part of a vibrant culture that values fashion trends and customer engagement.
- Qualifications: Degree in Fashion/Textiles or business; 7-8 years in merchandising required.
- Other info: Opportunity to influence key business decisions and drive brand success.
The predicted salary is between 43200 - 72000 £ per year.
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- Build monthly / seasonal product strategies including brand mix, SKU and style plan, target retail margins. Manage markup and profit margins, as well as seasonal markdown strategies
- Formulate assortment, stock allocation and inventory management strategies, that is consistent with overall business strategy
- Defines and leads the development and execution of the key business drivers (key brands, items and stores)
- Drive and execute the brands’ floor space planning and allocation for all key locations
- Determine seasonal transition strategies, develop brand exclusives, promotional and sampling strategies
- Deliver sales, gross margin and turnover goals for assigned business segment
- Identify and develop emerging brands for the core customers, and maximize key brands value proposition for our customers
- Acquire and build strong partnerships with principals and vendors. Identify and develop new business opportunities
- Keep abreast of competition and fashion trends
Requirements
- Degree holder in Fashion & Textiles or business discipline
- With at least 7-8 years of management experience in buying and merchandising, preferably in the fashion / lifestyle / retail industry
- Strong interest in fashion as well as a strong knowledge of vendors and contacts within the industry
- Proactive, sensitive to figures and strong analytical and negotiation skills
- Excellent product sensibility and understanding of competitive retail landscape
- Ability to take initiative, ownership, and accountability for business results
- Attention to detail with high level of accuracy
- Strong decision-making capability with the ability to influence, present and defend a business argument both one-on-one and in a group setting
- Business acumen, strong analytical and presentation skills
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Merchandising Manager employer: Easy Job Centre
Contact Detail:
Easy Job Centre Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Merchandising Manager
✨Tip Number 1
Network with professionals in the fashion and retail industry. Attend trade shows, fashion events, and seminars to meet potential colleagues and vendors. Building these connections can give you insights into the latest trends and opportunities at companies like us.
✨Tip Number 2
Stay updated on current fashion trends and market dynamics. Follow industry publications, blogs, and social media influencers to understand what’s hot in the market. This knowledge will help you demonstrate your passion and expertise during interviews.
✨Tip Number 3
Prepare to discuss your previous experiences in detail, especially those that relate to managing product strategies and vendor relationships. Be ready to share specific examples of how you've driven sales and managed inventory effectively in past roles.
✨Tip Number 4
Research our company’s brand portfolio and recent initiatives. Understanding our business strategy and how you can contribute to it will set you apart from other candidates. Tailor your discussions to show how your skills align with our goals.
We think you need these skills to ace Merchandising Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in merchandising and buying, particularly in the fashion or retail industry. Use specific examples that demonstrate your ability to manage product strategies and achieve sales goals.
Craft a Compelling Cover Letter: In your cover letter, express your passion for fashion and your understanding of market trends. Discuss how your previous experiences align with the responsibilities of the Merchandising Manager role, particularly in driving sales and managing inventory.
Showcase Analytical Skills: Since the role requires strong analytical skills, include examples of how you've used data to make informed decisions in past positions. Highlight any experience with stock allocation and inventory management strategies.
Highlight Leadership Experience: Given the management aspect of the role, emphasise your leadership experience. Provide examples of how you've successfully led teams, influenced business outcomes, and built partnerships with vendors or principals.
How to prepare for a job interview at Easy Job Centre
✨Showcase Your Industry Knowledge
Make sure to demonstrate your understanding of the fashion and retail landscape. Discuss current trends, emerging brands, and how they could impact the company's strategy. This shows that you are proactive and engaged with the industry.
✨Prepare for Analytical Questions
Given the emphasis on analytical skills in the job description, be ready to discuss your experience with data analysis, inventory management, and profit margins. Prepare examples of how you've used data to drive business decisions in your previous roles.
✨Highlight Your Negotiation Skills
Since building partnerships with vendors is crucial, prepare to discuss specific instances where you've successfully negotiated terms or resolved conflicts. This will illustrate your ability to influence and defend business arguments effectively.
✨Demonstrate Attention to Detail
Be prepared to discuss how you ensure accuracy in your work, especially when it comes to stock allocation and inventory management. Providing examples of how your attention to detail has led to successful outcomes will resonate well with interviewers.
