At a Glance
- Tasks: Drive financial strategy and manage product categories for a dynamic Omni-channel business.
- Company: Join the iconic Michael Kors team, known for innovation and style.
- Benefits: Enjoy hybrid working, generous holiday schedule, and exclusive employee discounts.
- Other info: Opportunities for internal mobility across Capri Brands and a supportive team culture.
- Why this job: Be part of a fast-paced environment where your ideas can shape the future of fashion.
- Qualifications: 5+ years in Merchandise Planning and advanced Excel skills required.
The predicted salary is between 50000 - 60000 £ per year.
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 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 %.
- Make assortment decisions according to regional needs.
- 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:
- 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
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.
Michael Kors Product Planner employer: Michael Kors
At Michael Kors, we pride ourselves on being an exceptional employer that fosters a dynamic and entrepreneurial work environment. Our commitment to employee growth is evident through robust internal mobility opportunities across Capri Brands, alongside a generous benefits package that includes hybrid working options, exclusive discounts, and a supportive culture that values innovation and collaboration. Join us in our vibrant location where you can thrive both personally and professionally while contributing to the success of a leading Omni-channel business.
StudySmarter Expert Advice🤫
We think this is how you could land Michael Kors Product Planner
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its products. Understand their financial strategies and merchandising approaches. This will help you stand out and show that you're genuinely interested in the role.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the job requirements. Highlight your analytical skills and ability to thrive in fast-paced environments – these are key for a Product Planner role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Michael Kors Product Planner
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Product Planner role. Highlight your experience in merchandise planning and any relevant achievements that align with the job description. We want to see how you can drive results and innovate!
Show Off Your Analytical Skills:Since strong analytical skills are a must, don’t shy away from showcasing specific examples where you've used data to make decisions. Whether it’s about sales performance or inventory management, we love seeing how you’ve tackled challenges head-on.
Be Creative and Entrepreneurial:We’re looking for dynamic candidates who think outside the box. Share instances where you’ve taken risks or introduced innovative solutions in your previous roles. This will help us see your entrepreneurial spirit shining through!
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Michael Kors
✨Know Your Numbers
As a Product Planner, you'll be expected to manage financial targets and analyse sales data. Brush up on your Excel skills and be ready to discuss how you've used data to drive decisions in previous roles. Bring examples of reports you've created or analyses you've conducted.
✨Showcase Your Team Leadership
This role involves managing a team, so be prepared to talk about your leadership style. Share specific instances where you've motivated your team or resolved conflicts. Highlight how you develop personnel and foster a results-driven environment.
✨Understand the Omni-Channel Approach
Familiarise yourself with omni-channel strategies and how they impact merchandising. Be ready to discuss how you've adapted product assortments based on regional needs and how you’ve managed inventory across different channels.
✨Be Ready to Innovate
The company values entrepreneurial thinking, so think of examples where you've taken risks or implemented innovative solutions. Prepare to discuss how you can contribute to the business's growth and what fresh ideas you might bring to the table.
