Women's Accessories Buyer
Company Background:
Gilt Groupe provides invitation-only access to high-end fashion and luxury brands at highly discounted prices. The company currently works with a roster of nearly 400 up-and-coming and established brands in the women's, men's, children's, beauty, and home fashion categories.
Gilt Groupe was founded by an experienced team with proven track records at successful luxury fashion companies. Gilt Groupe is a fully funded company and is currently based in the vibrant Chelsea neighborhood in New York City.
Job Description:
Gilt Groupe is seeking an experienced Accessories Buyer who has the technical and practical knowledge of the buying process in accessories (handbags and shoes). The ideal candidate will have experience from a discount retailer, be a proven self-starter who has a fashion-forward eye for trends, as well as a business mind for the inner-workings of the changing fashion world. A passion for luxury goods and a “can do” approach are musts.
The buyer will collaborate with various internal teams and external vendors to create the product selection that sets Gilt Groupe apart from all competition. The buying team will develop business strategies that drive sales through the assortment of products selected, pricing, promotion and ROI.
Responsibilities:
• Responsible for the financial accountability and growth of business for respective buying category
• Establish and maintain vendor relationships and attend buying trips on a monthly basis
• Negotiate buying terms with vendors (price, quantity, and delivery terms)
• Manage inventory levels with input from Financial Planning team
•Develop financial plan for the vendor(s) (profitability targets, markup and receipt flow)
•Continually research and explore new trends in marketplace and category
•Establish cross-functional relationships in order to effectively grow and maintain business and financial expectations
•Lead and develop other members of the merchandising team
Requirements:
•3-5 years buying experience
•Strong understanding of merchandising financials, retail math and the ability to manage profitability
•Successful experience in buying in multi brand, multi vendor environment
•Proven experience building profitable business in Accessories category
•Knowledge of Open-to-Buy process
•Strong product sensibility
•Ability to analyze reports and draw conclusions/recommendations
•Ability to remain flexible and willing to change strategies, as business needs dictate
•Ability to lead team effectively and create an exciting workplace
•Discount retail experience strongly preferred
For consideration for this position, you must indicate code ME-0014-PK in the subject line of your email.
If interested, please send your resume to careers@gilt.com