At a Glance
- Tasks: Maximise global sales through strategic analysis and effective stock management.
- Company: Join THE OUTNET, the chic destination for designer fashion at great prices.
- Benefits: Competitive salary, dynamic work environment, and opportunities for growth.
- Other info: Ideal for those looking to kickstart their career in luxury fashion merchandising.
- Why this job: Be part of a stylish team that sets trends and drives sales in fashion.
- Qualifications: Analytical skills, passion for fashion, and strong communication abilities required.
The predicted salary is between 30000 - 40000 £ per year.
THE OUTNET is the most fashionable fashion outlet. Since its launch in April 2009 by the people behind the award-winning website NET-A-PORTER, THE OUTNET has quickly established itself as the chic, go-to destination for the global, style-conscious shopper looking for the best designer brands at a great discount price. As such, we are seeking a talented Assistant Merchandiser to maximise and capture global sales through strategic analysis, effective stock management and executing strategic activities in a growing and dynamic business. Ultimately ensuring that we are first in making the latest trends and best designs available to our customers – wherever they are!
The Role:
- With guidance from the Merchandiser, key responsibilities would be:
- Trading:
- Develop understanding of key performance indicators, relating to sales, stock, profit and markdown, against budget and last year.
- Understand the importance of both intake and selling margin and support the merchandiser and buyer with making decisions to achieve targets.
- Update and analyse weekly reports and propose actions to Merchandiser to minimise risks and maximise opportunities.
- Work alongside merchandiser and buying team to plan and trade relevant brands.
- Identify and analyse best-selling and under-performing brands and recommend actions to take.
- Work with Product Merchandising and buying teams to improve seasonal performance and drive existing sales.
- Plan brand upload sizes and forecast sell through targets as well as analyse resulting sales performance.
- Review weekly sales analysis and present back findings in Monday trade meetings as well as follow through with further actions.
- Undertake adhoc and self-driven analysis as required by the department to support trade.
- Reviewing KPIs when undertaking PO sign offs to ensure business and brand goals are met.
- Intake:
- Managing the MA who will have ownership of intake delivery KPI’s into the business for a relevant department.
- Overseeing the MA directly working with internal Operational teams to ensure stock delivery targets and inbound SLAs are met.
- Planning and Forecasting:
- Take ownership of relevant Brand WSSIS, analyse and make strategic suggestions to Merchandiser.
- Use analysis to plan by brand for key trading periods to ensure optimum intake values are plotted by revenue type to ensure sales plans can be achieved.
- With Merchandisers support complete quarterly planning forecasts driven from historic analysis and strategic vision for brands.
- Support merchandiser with strategic planning for both Strategy and Hindsight.
- Produce category buy plans, identifying key trends and working with buying to ensure these are suitable for the ranges they will be buying from.
- Assist Merchandiser with setting up and management of department WSSIs.
- Assist Merchandiser with planning and execution of promotions and clearance.
Essential Skills & Requirements
- In order to be successful in this role you’ll need a combination of analytical skills, passion, commercial knowledge, great communication and organisational skills.
- An analytical or business related degree is also desirable due to the numerical and statistical requirements of the role.
- Degree educated (or equivalent).
- Significant commercial experience gained in a fashion retail merchandising environment (ideally luxury within an own-brand or multi-brand environment).
- Numerate with strong analytical and computer literacy.
- Advanced Excel knowledge essential.
- Commercial Awareness – working to develop full understanding of the nature of our business, products and competitive market in order to drive the best performance.
- Team player – build relationships with other internal and external teams and functions for personal and business development.
- Strong eye for detail and organisational skills and strives for a high level of accuracy.
- Proactive, self-driven and able to work with stringent deadlines.
- Excellent work ethic and ability to multi-task.
- Professional, positive attitude with excellent communication skills.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Merchandiser 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 OUTNET.COM!
✨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 OUTNET.COM.
✨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 OUTNET.COM.
✨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 OUTNET.COM!
We think you need these skills to ace Assistant Merchandiser 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 OUTNET.COM.
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 OUTNET.COM!
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 OUTNET.COM. 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 OUTNET.COM
✨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!