At a Glance
- Tasks: Analyse and develop financial strategies for a dynamic Omni-channel business.
- Company: Join the iconic Michael Kors team in a creative, fast-paced environment.
- Benefits: Enjoy hybrid working, generous holidays, and exclusive employee discounts.
- Other info: Opportunities for internal mobility and career growth within Capri Brands.
- Why this job: Make a real impact in fashion while leading a motivated team.
- Qualifications: 5+ years in Merchandise Planning and strong analytical skills required.
The predicted salary is between 55000 - 60000 £ per year.
We have an exciting opportunity for a Product Planner in our London office.
Department Overview: The primary purpose of this position is to initiate analysis and develop robust financial and merchandising strategy for a growing Omni-channel business. To manage & be responsible for multiple product categories, ensuring the maximising of commercial opportunities. To manage team members, to appraise & to develop personnel.
What You’ll Do:
- To set and manage financial targets by category, across an Omni channel business.
- To update and manage monthly OTB; presenting risks and opportunities to senior management.
- Create reports/recaps of the business, monitoring the performance of sales, inventory, markdowns and profit by classification from a top-line to store level.
- Alongside buying counterpart, recommend buys based on thorough analysis of retail business prior to each market to achieve increased sales, profitability and sell-thru %.
- Manage allocator to ensure distribution actions that support the achievement of financial plans and product strategies.
- Manage promotional and markdown activities in a way to support achievement of sales and inventory plans.
- To build and develop a highly motivated and results driven team.
- Develop robust Exit strategies for old stock.
You’ll Need to Have:
- Must have 5+ yrs. experience in Merchandise Planning.
- Minimum Bachelor’s Degree.
- Computer Literate – Advanced Excel Skills.
- Strong analytical skills, creative problem solving skills and ability to thrive in an entrepreneurial environment are a must. Candidates must be dynamic, resilient, and happy to do business at fast pace.
We’d Love to See:
- Drive Results – Leads self and others in setting and attaining stretch goals within a continually evolving environment. Overcomes obstacles and takes responsibility for outcomes.
- Entrepreneurial – Makes things happen for the business using out-of-the box thinking and a willingness to take risks. Continually looks for ways to innovate or take existing products, processes and services to a new level.
- Communication – Adapts communication style, tools and approach to meet the needs of different audiences and levels in the organization.
MK Perks: Our purpose is to make all employees and customers #FeelGreat with Michael Kors. When you join our business, we want you to feel like a valued member of the team from Day 1. To make your journey enriching with us, we offer:
- Cross-brand Discount
- Exclusive Employee Sales
- Generous Holiday Schedule and Vacation Days
- Summer Fridays
- Internal mobility across Capri Brands (Michael Kors, Jimmy Choo)
- Hybrid working (3 days a week in the office)
- LifeWorks Employee Assistance Program
- #FeelGreat program that include the following pillars: Connected Communities/Inspired Innovation/ Responsible Future/Meaningful Experiences
- Pension Contribution
- Season Loan Tickets
- Enhanced Maternity and Paternity Pay
- Private Health and Dental
- Gym Discounts
To know more about working at Michael Kors, click here!
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.
Compensation Range: 55,000.00 - 60,000.00 GBP
Product Planner in London employer: Michael Kors
Michael Kors is an exceptional employer, offering a dynamic and creative work environment in the heart of London. With a strong focus on employee growth and development, we provide opportunities for continuous improvement and collaboration across teams, ensuring that our Retail IT Analysts play a vital role in enhancing our retail technology landscape. Join us to be part of a globally-minded team that values innovation and fosters a culture of inclusivity and support.
StudySmarter Expert Advice🤫
We think this is how you could land Product Planner in London
✨Join Product Management Meetups
Get involved in local product management meetups or workshops. These events are perfect for meeting industry folks, sharing ideas, and staying updated on trends. Plus, you never know who might be hiring—it's a fantastic way to make connections that could lead to a job at places like Michael Kors!
✨Show Off Your Product Sense
Create case studies or mini-projects showcasing your product management skills, and share them on platforms like Medium or LinkedIn. This not only puts your skills on display but also boosts your visibility in the product community. Imagine how impressed the hiring team at Michael Kors would be by your initiative!
✨Utilise Online Communities
Dive into online product management communities like Product Coalition or Mind the Product. Engage in discussions, ask questions, and share your insights. These platforms are goldmines for networking and finding hidden job opportunities—many companies often scout talent from within these circles.
✨Leverage Your University Network
If you’ve recently graduated or are still in uni, tap into your alumni network for connections in product management. Many universities have their own job boards and affinity resources to help graduates land roles. Don't forget to keep an eye out for job openings at Michael Kors through your school's career services!
We think you need these skills to ace Product Planner in London
Some tips for your application 🫡
Show Off Your Product Passion:When applying for a product management role like Product Planner, let your passion for developing products shine through in your cover letter. Share specific examples of products you've managed, how you solved user needs, and any successful outcomes you've achieved. This is your chance to showcase your understanding of the product lifecycle!
Highlight Your Cross-Functional Skills:Product management isn't just about understanding the product; it’s about collaborating with different teams! Make sure to emphasise your experience working with developers, designers, and marketers. Use your CV to showcase your ability to bridge gaps between these areas, and include relevant experiences that demonstrate your communication and leadership skills!
Include Your Metrics and Achievements:In a full-time product management application, data speaks volumes! Quantify your achievements wherever possible. Did you increase user retention by a certain percentage? Launch a product ahead of schedule? Include these metrics in your CV to paint a picture of your impact and effectiveness in previous roles.
Tailor Your CV to the Role:Make sure your CV is tailored for the Product Planner position at Michael Kors. Use keywords from the job description and ensure your relevant experiences are front and centre. Highlight any certifications or relevant training you’ve completed that will make you stand out as a strong candidate for the role. And remember, we’re excited to see your application on our website!
How to prepare for a job interview at Michael Kors
✨Understand the Product Life Cycle
As a product management candidate, we need to get our head around the complete product life cycle. Be prepared to discuss real-world examples of how you’ve managed product development from ideation to launch. Bring specific insights on tools like JIRA or Trello that can help streamline these processes.
✨Showcase Your Cross-Functional Skills
Product management is all about collaboration. We should be ready to highlight how we’ve worked across teams—think marketing, engineering, and design. Prepare to discuss scenarios where you had to mediate differing opinions and how you got everyone on board with a shared vision.
✨Prepare for Case Studies
In a full-time role, we can expect to encounter case study questions during our interviews. Practise solving hypothetical product problems on the spot, such as prioritising features for a new app or improving user engagement metrics. This will show our analytical thinking and decision-making skills.
✨Know Your Metrics
Let’s face it, numbers are our best friends in product management. We should prepare to discuss key performance indicators (KPIs) and how we've used analytics to inform product decisions. Dive into examples where data has driven our strategy for improvements or justified product changes.
