At a Glance
- Tasks: Manage inventory and stock levels to meet sales goals in a dynamic retail environment.
- Company: Join Michael Kors, a global fashion brand known for its stylish products and vibrant culture.
- Benefits: Enjoy a collaborative team atmosphere and opportunities for personal growth in the fashion industry.
- Why this job: Be part of a passionate team that values creativity and problem-solving while driving business success.
- Qualifications: Degree level education and advanced Excel skills; previous fashion retail experience preferred.
- Other info: This role offers a chance to make a real impact in a fast-paced, entrepreneurial setting.
The predicted salary is between 28800 - 43200 £ per year.
CAPRI HOLDINGS is a global fashion luxury group consisting of iconic, founder-led brands Versace, Jimmy Choo, and Michael Kors. Our commitment to glamorous style and craftsmanship is at the heart of each brand, as we design innovative products across the full spectrum of fashion luxury categories. The unique DNA and heritage of each brand, combined with the diversity and passion of our people, and our dedication to clients and communities, define our success.
Job Title: Allocator
Location: London
Division: European Retail Corporate, Planning Family
Reporting to: Planner
Department overview:
Michael Kors is looking for Allocators who will be responsible for the distribution of multiple product categories for a global retail business with the objective of meeting financial and merchandising goals. The Allocator will help to identify opportunities at a store level and communicate them to the team in order to drive business. Duties include replenishment to stores, management of warehouse inventory, and planning of stock packages for new season product launches. The allocators partner with buying and planning teams to ensure proper merchandise assortment by door and that the product arrives in the DC and stores at the optimum time. Strong analytical skills, creative problem-solving skills and the ability to thrive in an entrepreneurial environment are a must.
What You’ll Bring
We’re looking for someone with the following experience and skills — but these aren’t set in stone. If you bring something extra to the table, we’d love to hear from you!
You are hands-on, detail-oriented, collaborative, and passionate about product. You understand that when it comes to stores, the details matter. You have outstanding communication skills, can effectively liaise with colleagues and other teams, and thrive in a rapidly changing environment. You are highly organised, a keen learner and self-motivated, able to work well to deadlines and perform multiple tasks effectively and concurrently.
What you’ll do:
- Manage inventory from initial allocation through the end of the life cycle of merchandise, including replenishment and consolidation of goods to other stores or channels.
- Manage overall store inventory levels based on store capacity, attributes, seasonality and selling curves. Monitor flow of initial assortments as well as reorders to stores by classification, delivery/group and by style whenever necessary.
- Identify and communicate sales opportunities and stock liabilities by door regularly. Ensure that buy quantities and stock levels meet current sales trends and maximise readiness for key selling time periods.
- Manage basic stock replenishment programs. Ensure strong stock position by door on core, seasonal basics and item programs. Partner with the Buying team to maximise sales and profit by monitoring sales and stock penetrations on key programs as well as clearance and ageing by door.
- Take ownership of warehouse inventory and aged inventory by door. Be aware of and highlight any shipping issues that may affect business.
- Communicate and champion the needs of the stores. Partner with the Planner to recap business at the door level.
- Establish strong relationships with the buying/planning team and stores to better understand merchandising strategies and the needs of the business.
- Initiate and develop actionable analysis to recap business by classification and subclass at a store level to partner with planning and buying team to determine store attributes and create strategies to drive sales and achieve gross margin profitability by door.
- Recommend changes and/or enhancements to the current procedures and systems for the allocation and replenishment functions.
We’d Love to See:
- Computer Literate – Advanced Excel Skills required
- Strong numerical, analytical and creative problem-solving skills
- Ability to thrive in an entrepreneurial environment
- Previous experience in the same field within Fashion Retail is preferable
- Passion for fashion
- International mindset
- Strong work ethic
- Positive attitude to change
From your very first day with us, we want you to feel welcomed, supported, and truly part of the team. To help make your experience rewarding, we offer a range of benefits designed to enrich your journey.
- Cross-Brand Discounts & Private Employee Sales – Enjoy exclusive savings across all Capri brands.
- Paid Parental Leave – Take meaningful time off to bond with your growing family.
- Generous Holiday and Vacation Allowance – Recharge with paid time off throughout the year.
- Internal Mobility Across Capri Brands – Explore new career paths within the broader Capri network.
- Hybrid Working Model – Collaborate in-office just three days a week for optimal flexibility.
- LifeWorks Employee Assistance – Confidential support for mental, emotional, and financial well-being.
- Pension Contributions – Build your future with company-backed retirement support.
- Enhanced Maternity and Paternity Pay – Receive elevated financial support during life’s biggest milestones.
- Private Health and Dental Coverage – Access premium care for your health and wellness.
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Allocator employer: Michael Kors
Contact Detail:
Michael Kors Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Allocator
✨Tip Number 1
Familiarise yourself with the latest trends in fashion retail and understand how they impact inventory management. This knowledge will help you speak confidently about the industry during interviews and demonstrate your passion for the role.
✨Tip Number 2
Network with professionals in the fashion retail sector, especially those who work in allocation or planning roles. Attend industry events or join relevant online forums to build connections that could lead to valuable insights or referrals.
✨Tip Number 3
Brush up on your analytical skills by practising with Excel and other data analysis tools. Being able to showcase your proficiency in managing and interpreting data will set you apart from other candidates.
✨Tip Number 4
Prepare specific examples of how you've successfully managed inventory or solved problems in previous roles. Having these anecdotes ready will help you illustrate your experience and problem-solving abilities during the interview process.
We think you need these skills to ace Allocator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in inventory management, analytical skills, and any previous roles in fashion retail. Use keywords from the job description to demonstrate your fit for the Allocator position.
Craft a Compelling Cover Letter: In your cover letter, express your passion for fashion and detail how your skills align with the responsibilities of the Allocator role. Mention specific examples of how you've successfully managed inventory or improved processes in previous positions.
Showcase Analytical Skills: Since strong analytical skills are crucial for this role, consider including a section in your application that outlines your experience with data analysis, problem-solving, and any tools you’ve used, particularly Excel.
Highlight Team Collaboration: Emphasise your ability to work collaboratively with buying and planning teams. Provide examples of past experiences where you successfully communicated and partnered with colleagues to achieve business goals.
How to prepare for a job interview at Michael Kors
✨Showcase Your Analytical Skills
As an Allocator, strong analytical skills are crucial. Be prepared to discuss specific examples of how you've used data to make decisions in previous roles. Highlight any experience with Excel or other analytical tools.
✨Demonstrate Your Passion for Fashion
Michael Kors values a passion for fashion. During the interview, share your insights on current fashion trends and how they impact inventory management. This will show your enthusiasm and understanding of the industry.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities. Prepare for scenarios where you might need to manage stock levels or address shipping issues. Think through your responses to demonstrate your creative problem-solving skills.
✨Emphasise Your Collaborative Nature
The role requires working closely with buying and planning teams. Be ready to discuss how you've successfully collaborated with others in past positions. Share examples of how you built relationships to achieve common goals.