At a Glance
- Tasks: Manage inventory and drive sales for a global fashion brand.
- Company: Join the iconic Michael Kors team in a creative environment.
- Benefits: Enjoy discounts, generous leave, hybrid work, and health coverage.
- Why this job: Be part of a dynamic team that shapes fashion retail strategies.
- Qualifications: Strong analytical skills and a passion for fashion are essential.
- Other info: Great opportunities for career growth within the Capri network.
The predicted salary is between 28800 - 43200 £ per year.
Michael Kors is always interested in hearing from talented, globally-minded individuals with a passion for fashion. If you enjoy working in a creative, fast-paced environment, then we would love to hear from you!
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
- Continuous improvement
- International mindset
- Time management skills
- Results-driven mindset
- Strong work ethic
- Positive attitude to change
MK Perks:
- 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 Program - 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.
The Company is an equal employment opportunity employer. The Company's policy is not to unlawfully discriminate against any applicant or employee on the basis of race, color, sex, sexual orientation, gender identity, religion, national origin, age, military status, disability, genetic information or any other consideration made unlawful by applicable federal, state, or local laws. The Company also prohibits harassment of applicants and employees based on any of these protected categories.
At Capri Holdings Limited, we are committed to providing a fair and accessible recruitment process. If you require a reasonable accommodation for the interview or application process, please contact our Talent Acquisition team.
Michael Kors Allocator in London employer: Michael Kors
Contact Detail:
Michael Kors Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Michael Kors Allocator in London
✨Tip Number 1
Network like a pro! Reach out to people in the fashion industry, especially those who work at Michael Kors. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Show off your analytical skills! Prepare some examples of how you've used data to drive decisions in past roles. Being able to discuss this during interviews will make you stand out as a candidate who understands the business side of fashion.
✨Tip Number 3
Be ready to talk about trends! Stay updated on current fashion trends and be prepared to discuss how they could impact inventory management. This shows your passion for the industry and your proactive approach.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're serious about joining the team at Michael Kors.
We think you need these skills to ace Michael Kors Allocator in London
Some tips for your application 🫡
Show Your Passion for Fashion: When you're writing your application, let your love for fashion shine through! Share any relevant experiences or projects that highlight your enthusiasm and understanding of the industry. We want to see that you’re not just looking for a job, but that you genuinely care about what we do.
Be Detail-Oriented: As an Allocator, attention to detail is key. Make sure your application is free from typos and errors. Use clear and concise language to demonstrate your organisational skills. Remember, the details matter, and we want to see that you can communicate effectively!
Highlight Your Analytical Skills: Since the role involves managing inventory and analysing sales trends, it’s important to showcase your analytical abilities. Include examples of how you've used data to make decisions or improve processes in previous roles. We love seeing candidates who can think critically and creatively!
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of being noticed. It’s super easy and ensures your application goes straight to us. Plus, it shows you’re proactive and keen to join the team at Michael Kors!
How to prepare for a job interview at Michael Kors
✨Know Your Numbers
As an Allocator, you'll need strong analytical skills. Brush up on your numerical abilities and be ready to discuss how you've used data to drive decisions in previous roles. Prepare examples of how you've managed inventory or identified sales opportunities using analytics.
✨Show Your Passion for Fashion
Michael Kors is all about fashion, so make sure you convey your enthusiasm for the industry. Share your insights on current trends and how they might impact inventory management. This will show that you're not just a numbers person but also someone who understands the creative side of retail.
✨Communicate Effectively
Outstanding communication skills are a must for this role. Practice articulating your thoughts clearly and concisely. Think about how you can demonstrate your ability to liaise with different teams, perhaps by sharing past experiences where collaboration led to successful outcomes.
✨Be Ready for Problem-Solving
In a fast-paced environment, challenges will arise. Prepare to discuss specific instances where you've creatively solved problems, especially related to inventory or stock management. Highlight your ability to adapt and thrive under pressure, as this is crucial for success in the Allocator role.