At a Glance
- Tasks: Oversee buying strategies and product selection for Ralph Lauren's RRL brand.
- Company: Join Ralph Lauren, a global leader in premium lifestyle products.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on diversity and inclusion.
- Why this job: Make an impact in fashion while working with a renowned brand.
- Qualifications: Strong analytical skills and a passion for product and market trends.
The predicted salary is between 40000 - 50000 £ per year.
Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets.
The prospective candidate will oversee the RRL buying across both DTC and WHSL Channels. From the assortment strategy and product selection to the investment build and OTB management, the candidate will be expected to balance magic and logic, product, and numbers, to optimise brand elevation and deliver commercial success.
Essential Duties & Responsibilities
- Assortment Strategy and Product Selection
- Synthesise, evaluate, and summarize performance analysis on a seasonal basis.
- Build and develop a strong understanding of the RRL customer, through regular competitor shops, store visits and wider market read.
- Utilise learnings to formulate sound product strategies that are in line with financial plans, departmental expectations, and overarching company goals.
- Devise an assortment selection that will deliver such strategies, optimise brand elevation, and secure commercial success.
- Work with department manager and Wholesale Director, to ensure respective areas work within the wider context of the total Menswear department.
- Liaise regularly with key stakeholders across the business to ensure the go-to-market strategies are executed as intended.
- Investment Build and OTB management
- Work closely with Planning counterparts to balance the OTB and Revenue KPIs, ensuring the financial framework for categories is optimised yet achievable.
- Project unit requirements that will deliver the financial framework and balance such KPI's (intake margin, buy cost/units, AIR, gross margin, sales revenue/units, AUR, sell-through).
- Trade all categories on a weekly basis; Identify areas of risk and opportunity, and drive decisions that will optimise success and re-balance inventory levels where needed.
- Team Input
- Coach and nurture junior members of the wider team, utilizing your leadership skills to enhance the full team.
- Work closely across the wider Menswear teams to maintain a strong X Brand, omni-channel, omni-region proposition to the end consumer.
- Collaborate and build strong working relationships with key stakeholders across the business, to ensure goals are clear, supported and executed as planned.
Experience, Skills & Knowledge
- Strong numeric and analytical skills, with the ability to synthesize data and identify actions and commercial opportunities accordingly.
- Product focused, with the ability to demonstrate commercial, trend, competitor, and brand awareness.
- Highly organized, with the ability to prioritize workload for self and others.
- Articulate, with the ability to communicate well in both verbal and non-verbal communication forms.
- Influential leadership and team building skills, with the ability to motivate and inspire direct business partners and a wider business audience.
- Resilient, with the ability to see challenge as opportunity, think with a solution-based mindset, yet raise concerns in a confident manner.
- Champion of diversity and psychological safety, with the ability to recognize the value of different perspectives and cultures, while creating a climate that fosters empathy, integrity, authenticity and trust.
- Proficient in Microsoft packages including Outlook, Excel, Word, and PowerPoint.
Ralph Lauren Buyer in London employer: The Business of Fashion
Ralph Lauren Corporation is an exceptional employer that champions a culture of inclusion and belonging, making it a fantastic place for individuals seeking to grow in the fashion industry. With a commitment to employee development, you will have opportunities to nurture your skills while collaborating with a diverse team in a dynamic environment. Located in a vibrant market, Ralph Lauren offers a unique chance to be part of a globally recognised brand that values creativity and innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Ralph Lauren Buyer in London
✨Get Down to the Fashion Events
Dive headfirst into local fashion shows, trade fairs, and networking events. These are golden opportunities to meet industry pros and showcase your passion for the industry in person. Plus, it gives you the chance to chat about potential roles at places like The Business of Fashion!
✨Join Fashion-Focused Communities
Become a part of online fashion communities on platforms like Instagram or Pinterest. Participate in discussions and share your insights on trends or your personal style journey. It’s a great way to get noticed by brands looking to fill positions, including The Business of Fashion.
✨Craft a Rock-Solid Portfolio
Since you're aiming for a full-time gig, your portfolio should reflect not just your best work but also your personality. Whether it’s lookbooks, design sketches, or styling projects, make sure it screams 'you' and includes a bit about why you’d be a perfect fit for The Business of Fashion.
✨Leverage Your University Connections
If you’re fresh out of university, don’t underestimate your career services. They often have partnerships with fashion companies for internships and entry-level roles. Use this to your advantage and connect with them to find any openings at The Business of Fashion!
We think you need these skills to ace Ralph Lauren Buyer in London
Some tips for your application 🫡
Showcase Your Style:In the fashion-apparel industry, your personal style and understanding of current trends are crucial. Make sure your CV and cover letter reflect your unique fashion sense – use visuals if you can and highlight any fashion-related experiences or projects that show off your flair!
Highlight Relevant Experience:When you're applying for a full-time role, be sure to focus on any past roles or internships in fashion that’ve honed your skills. Whether that's working in retail, fashion design, or marketing, quantify your achievements and show how they relate to the role at The Business of Fashion.
Include a Strong Portfolio:An impressive portfolio is key in fashion! Make sure to include a link to your online portfolio in your CV, showcasing your best work, be it designs, campaigns, or styling projects. This is your chance to let your creativity shine and demonstrate your abilities to The Business of Fashion!
Craft a Standout Cover Letter:Use your cover letter to weave in your passion for fashion and the specific reasons you want to work at The Business of Fashion. Share your vision of how you'd contribute to their brand and why you're excited about their work. Tailoring this will make you stand out from the crowd!
How to prepare for a job interview at The Business of Fashion
✨Showcase Your Style Portfolio
For a role in the fashion-apparel industry, having a well-curated portfolio is essential. Ensure you include your best work that reflects your style and creativity, whether it's sketches, lookbooks, or completed designs. Be ready to discuss your design process and the inspirations behind your pieces!
✨Know the Latest Trends and Brands
Being well-versed in current fashion trends and influential brands can give you a leg up in the interview. Get familiar with what’s trending in the market and know your competitors. This shows your passion for the industry and helps you connect your work experience to current fashion trajectories.
✨Demonstrate Your Collaboration Skills
In a full-time fashion role, collaboration is key, whether you’re working with designers, marketers, or suppliers. Be prepared to share experiences where you successfully worked as part of a team or navigated challenges with colleagues. This will highlight your ability to adapt and thrive in a fast-paced environment.
✨Dress the Part
This might sound obvious, but in fashion, how you present yourself is part of your brand. Wear something that represents your personal style while still aligning with the company’s aesthetic. It’s a great way to show you understand the industry's essence and can embody the brand’s image!