Planning Manager 12 month FTC
Planning Manager 12 month FTC

Planning Manager 12 month FTC

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
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Job Description

Job Title: Planning Manager 12-month FTC

Reports To: Director of Planning

Location: London Office

• Oversee and manage planning across multiple departments and channels, driving commercial performance through strategic planning, effective trading, and cross-functional collaboration to deliver financial targets and operational excellence.

• Lead and develop a multi-tiered team, providing clear direction, regular performance appraisals, and tailored development plans to build capability and support individual growth.

Key Responsibilities:

Commercial & Financial Planning

  • Set and manage financial targets by department and category, aligned with business objectives.
  • Lead strategies to grow the full-price business and protect/drive comp sales.
  • Act as the Full Price business lead—consolidating department insights and providing short- and long-term topline forecasts.
  • Own the monthly Open-to-Buy (OTB) process and ensure regular in-season forecasting and trade reactivity.
  • Analyse WSSI data to identify commercial opportunities and minimise business risks.
  • Deliver reports and business recaps, analysing sales, inventory, markdowns, and profit performance at both topline and regional/classification levels.
  • Conduct pre-sign financial meetings with Planning and Buying teams ahead of market to review budgets, align on financial targets, assess prior performance, and ensure investment decisions are data-driven and commercially sound.

Merchandise & Assortment Strategy

  • Partner with the Buying team to shape seasonal merchandise assortments in line with financial plans.
  • Analyse key metrics (ROS, sell-through, sales density) and present findings to senior management to inform actionable strategies.
  • Recommend seasonal buys based on deep commercial analysis to optimise sales, profitability, and sell-through rates.
  • Collaborate with Field team, Allocation and Buying to manage product flow and assortment by classification.
  • Cross-Functional Collaboration

    • Work closely with Retail, Buying, Finance, and Store Operations to develop and execute commercial strategies.
    • Support New Store Openings in collaboration with Buying and Branch teams supporting with financial planning, stock builds, and forecasting.
    • Develop financial strategies in partnership with Field to monitor and exceed planned performance.

    Team Leadership & Development

    • Manage and develop a multi-tiered team, providing coaching, clear expectations, and regular performance feedback.
    • Build a high-performing, commercially focused planning team, fostering accountability, curiosity, and continuous learning.
    • Identify rising talent and support the career development of direct report

    Inventory Management & Exit Strategies

    • Monitor stock levels, weeks of supply, and sell-through rates to ensure alignment with stock targets.
    • Develop and implement exit strategies for aged and underperforming stock to protect margin and improve inventory efficiency.

    Skills & Experience Required:

    • Strong background in merchandise planning and financial forecasting (at least 7 years).
    • Experience managing a multi-category and multi-channel business.
    • Proven leadership in developing and coaching teams.
    • High proficiency in planning systems (e.g. EP, WSSI, OTB tools) and strong Excel skills.
    • Commercially astute, with a strategic mindset and the ability to drive performance through data-led decisions.
    • Excellent communication and stakeholder management skills across levels and functions.

    Desirable:

    • Experience in a luxury or premium retail environment.
    • Familiarity with systems like BI tools (e.g. Qlik, Power BI), Zebra Pricing Tool, or other analytical platforms.
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Contact Detail:

Michael Kors Recruiting Team

Planning Manager 12 month FTC
Michael Kors
M
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