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Head of Buying and Merchandising

Il y a 2 mois

Paris, Île-de-France OTB Temps plein
About the Role

We are seeking a highly experienced and skilled Head of Buying and Merchandising to lead our strategic direction, planning, and execution of buying and merchandising activities across all collections/categories, collaborations, and retail channels.

Key Responsibilities
  • Strategic Leadership: Develop and implement the overall buying and merchandising strategy in alignment with the company's goals and market trends. Lead and inspire the team to achieve business objectives and foster a culture of innovation and excellence.
  • Product Selection and Procurement: Oversee the selection and procurement of products, ensuring a diverse and high-quality product range that meets customer needs. Build and maintain strong relationships with the Product development team based in Italy, designers.
  • Merchandising Strategy: Create and execute merchandising plans that drive sales, enhance product visibility, and optimize inventory levels across all retail channels. Analyze sales data, market trends, and customer feedback to make informed decisions on product assortments and pricing strategies.
  • Inventory Management: Ensure effective inventory management practices, including demand forecasting, stock replenishment, and markdown strategies. Collaborate with the sales operations team to maintain optimal stock levels and reduce excess inventory.
  • Team Management and Development: Lead, mentor, and develop the team of merchandisers, fostering professional growth and continuous improvement. Conduct regular performance evaluations and provide constructive feedback and training opportunities.
  • Collaboration and Communication: Work closely with the marketing, sales, and e-commerce teams to ensure cohesive and integrated merchandising strategies. Communicate effectively with senior management, providing regular updates on performance metrics, market trends, and strategic initiatives.
  • Financial Performance: Develop and manage the buying and merchandising budget, ensuring cost-effective purchasing and maximizing return on investment. Monitor and analyze financial performance, adjusting strategies to achieve sales and profitability targets. Pricing implementation respecting marginality expectations.
  • Market Analysis and Trend Forecasting: Stay abreast of industry trends, consumer behavior, and competitive landscape to identify opportunities and threats. Conduct regular market analysis to inform product development and merchandising strategies.
  • Brand Alignment: Ensure all buying and merchandising activities align with the brand's identity, values, and positioning. Collaborate with the design and product development team to maintain a cohesive brand image and product offering.
Requirements
  • Bachelor's degree in Business, Fashion Merchandising, or a related field; Master's degree preferred.
  • Proven experience (5 years) in a senior buying and merchandising role within the luxury and/or retail industry.
  • Strong leadership skills with a track record of managing and developing teams.
  • Excellent analytical and strategic thinking abilities.
  • Exceptional negotiation and relationship-building skills.
  • Proficient in using merchandising management software.
  • Strong financial acumen with experience in budgeting and financial analysis.
  • Excellent communication and interpersonal skills.
  • Ability to work in a fast-paced, dynamic environment and adapt to changing market conditions.
  • Product sense, business oriented.