At a Glance
- Tasks: Support pricing strategies and promotional activities for Kate Spade's European business.
- Company: Join a vibrant global lifestyle brand known for its bold and optimistic spirit.
- Benefits: Enjoy hybrid working, generous holiday, discounts, and health benefits.
- Other info: Be part of a diverse team with excellent career growth opportunities.
- Why this job: Make an impact in a creative environment while developing your analytical skills.
- Qualifications: Experience in pricing analysis and strong Excel skills are essential.
The predicted salary is between 29700 - 36300 £ per year.
Since its launch in 1993, Kate Spade New York has always been colorful, bold, and optimistic. Today, it is a global lifestyle brand that designs extraordinary things for the everyday, delivering seasonal collections of handbags, ready-to-wear, jewelry, footwear, home décor, and more. Known for its rich heritage and unique brand DNA, Kate Spade New York offers a distinctive point of view and celebrates communities of women around the globe who live their perfectly imperfect lifestyles.
Primary Purpose: The Trading Analyst supports the strategy and decision-making of pricing, discount, and promotional activity for Kate Spade’s European Outlet and Retail business. Partnering closely with Buying teams, this role analyses the impact of pricing and promotions on sales and margin and provides insights and recommendations to optimise performance within agreed discount rates. The Analyst also executes price changes and works closely with Finance, Store Operations, and Store teams to ensure accurate implementation.
The successful individual will leverage their proficiency in Pricing & Promotions to:
- Partner with the Kate Spade Buying Managers to develop pricing and promotional strategies to drive key KPIs of sales, inventory, AUR, discount rate and margin, ensuring alignment and achievement of overall company objectives.
- Action weekly system price changes for all product areas by partnering with relevant Buying Managers and own the weekly approval process.
- Ensure upcoming weekly price changes and promotions are presented in weekly trade meetings with supporting data to validate.
- Liaise with Buying and Store Operations teams to ensure changes to prices and promotions are clearly communicated to the stores via the weekly transmittal process.
- Own the analysis of pricing and promotional decision-making and deliver data-driven recommendations to the Buying Manager and Director, focusing on key metrics including discount rates, gross margin, sales per traffic, AUR and presenting scenarios to impact DR % for in-season trading.
- Coordinate and communicate the pricing strategy for clearance periods and consider market restrictions within agreed timeframes.
- Liaise with VM weekly, monthly and quarterly to ensure in-store signage exists to support promotions.
- Review Kate Spade Europe premiums yearly analysis across Retail & Outlet channels.
- Maintain accurate pricing master files for the Outlet channel and action all system changes to activate price changes and promotions in a timely and accurate manner.
- Maintain trackers and approvals for auditing purposes, taking accountability for weekly price approvals and actioning within agreed timeframes.
- Own and maintain promotional calendars and communicate with Buying, Marketing and Stores weekly, monthly and quarterly.
- Pull weekly trade reports and support in weekly trading activity.
- Load markdowns ahead of clearance periods, including Black Friday and end of season periods.
- Work alongside Area/Regional Managers, Ecommerce and Marketplace teams to lead and influence promotional and event calendars in line with the overall pricing and promotional strategy.
- Support Buying Managers with weekly and monthly financial planning and provide analysis on key merchandising metrics across all channels.
- Liaise with external partners for Outlet to share the Kate Spade strategy and ensure alignment in key calendar moments.
The accomplished individual will possess:
- Proven experience in Pricing Analysis, Merchandising, Planning, or Financial Analysis, ideally within a retail environment.
- Proficient in SAP is essential.
- Knowledge of the European retail landscape, with experience in full-price or outlet pricing models and familiarity with trading laws related to pricing.
- Strong Excel skills, including proficiency in building analytical tools and reports using VLOOKUP, PivotTables, and SUMIF.
- Analytical mindset with the ability to solve problems logically and deliver actionable recommendations.
- Proven track record of process improvement, with experience identifying opportunities and implementing effective solutions.
- Strong commercial acumen with a solid understanding of retail maths and key performance metrics.
- Strong interpersonal and communication skills, and confident engaging with stakeholders across various levels and functions.
- Self-motivated, collaborative and confident working independently and contributing to team goals.
Please be advised that we are unable to provide visa sponsorship for this position. As such, you will only be considered if you already possess the right to work in the UK.
What Tapestry can offer you:
- Hybrid working (Tuesday - Thursday working from the office, Monday and Friday working remotely).
- Option to finish early on a Friday (Flex Fridays).
- 1 paid volunteering day per year and opportunities to volunteer with global projects.
- Learning & development opportunities.
- Internal mobility & career progression.
- Regular social events - seasonal & cultural.
- Equity Inclusion & Diversity initiatives which include employee resource groups & regional inclusion council.
Other benefits include:
- 25 days holiday in addition to bank holidays.
- Multi brand discount up to 50% off – Coach and Kate Spade.
- Private healthcare with health assessment (Bupa).
- Bupa rewards - Financial wellbeing support and wellness discounts.
- Private dental cover.
- Free 24/7 support for family building, fertility and menopause with Maven.
- Eyecare vouchers.
- Employee assistance programme.
- Enhanced employer pension contribution.
- Gym discount.
- Interest free season ticket loan.
- Cycle to work scheme.
At Tapestry, we are committed to building a diverse & inclusive workforce. We know that having a wide range of perspectives and experiences makes us more innovative and brings us closer to our consumers. If you are interested in this role but do not believe you meet all the set criteria, that’s ok. We are happy to work with individuals who have the drive, passion, agility and willingness to learn. So, take a chance and apply; you may just be who we are looking for. We would be delighted to hear from you.
Tapestry is an equal opportunity and affirmative action employer and we pride ourselves on hiring and developing the best people. All employment decisions (including recruitment, hiring, promotion, compensation, transfer, training, discipline and termination) are based on the applicant’s or employee’s qualifications as they relate to the requirements of the position under consideration. These decisions are made without regard to age, sex, sexual orientation, gender identity, genetic characteristics, race, color, creed, religion, ethnicity, national origin, alienage, citizenship, disability, marital status, military status, pregnancy, or any other legally-recognized protected basis prohibited by applicable law.
Trading Analyst (FTC) in London employer: Tapestry
Tapestry is an exceptional employer that values its employees by offering a dynamic work culture and the flexibility of hybrid working arrangements. With a strong focus on employee growth, Tapestry provides comprehensive benefits such as 25 days of holiday and private healthcare, ensuring a supportive environment for all team members in the vibrant Greater London area.
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We think this is how you could land Trading Analyst (FTC) in London
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We think you need these skills to ace Trading Analyst (FTC) in London
Some tips for your application 🫡
Show Off Your Data Skills:In business intelligence, it's crucial to highlight your analytical skills and experience with data tools. Make sure your CV showcases any relevant software you’ve used, like SQL, Tableau, or Power BI. Add specific examples of how you've used data to drive insights or improvements in previous roles, even if they were in academic projects or internships.
Keep it Concise and Impactful:For a temporary role like this, hiring managers often have limited time to sift through applications. Get straight to the point in your CV and cover letter. Use bullet points for your achievements, showcasing the impact you've made, like percentage increases in efficiency or specific results from your analyses.
Flexibility is Key:Since this is a temporary position, make sure to emphasise your adaptability. Mention your quick learning abilities and experiences where you adapted to new tools or processes rapidly. This will show that you can jump in and start contributing effectively from day one at Tapestry.
Craft a Tailored Motivation Statement:In your cover letter, focus on why you’re excited about this temporary role at Tapestry. Talk about your interest in business intelligence and how this position aligns with your career goals. Remember, it’s not just about what you can offer, but why you’re passionate about becoming part of their team, even for a short time!
How to prepare for a job interview at Tapestry
✨Brush Up on Your Data Skills
For a business intelligence role, you'll want to showcase your analytical skills and familiarity with data visualisation tools like Tableau or Power BI. Be ready to tackle technical questions or case studies demonstrating your ability to interpret data and make insightful recommendations.
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Since this is a temporary position, we should highlight any past projects you've worked on in business intelligence. Prepare a portfolio that includes a couple of key pieces where you've effectively utilised data to drive decisions—this will show that you're not just a quick fix but someone who can deliver immediate value.
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