1.Implements handbag, briefcase, laptop and casual bag assortment plans, core item assortments and item selection and development consistent with seasonal collections and business plan objectives to generate maximum sales, gross margin and profit.
2.Shares responsibility and accountability of sales, gross margin (GM)% and receipt plans.
3.Researches and analyzes handbag, briefcase, laptop and casual bag sales, consumer trends, competitor offerings and historical product line performance and provides input into the creation of business plans.
4.Participates in domestic and off-shore buying trips, trade shows, and manufacturer site visits.
5.Monitors open-to-buy for handbag, briefcase, laptop and casual bag budget; generates and processes approved purchase orders.
6.Collaborates with Director of Accessories in creating seasonal business plans by classification (gross margin and sales targets).
7.Creates weekly and monthly sales summary reports, including short/long term recommendations, replenishment order requirements and markdown requests.
8.Investigates and resolves product quality, quantity, pricing and related issues with Product Developer and suppliers and negotiates appropriate resolution.
9.Collaborates with Merchandise Planning and Logistic teams to confirm initial allocation quantities and timing based on product availability to meet on time delivery with the most effective merchandise flow.
10.Collaborates and provides input into visual and marketing promotional plans, public relations, media and sales promotions, in-store marketing initiatives, signage and display to ensure that sales and profit targets are met.
11.Sources product in response to new business opportunities and coordinates arrangements to meet customer demand.
12.Tests and measures small product runs regularly to assess potential new style opportunities.
13.Visits mall stores and factory outlets regularly to assess product movement, presentation and competitive market activity; obtains sales associate and customer feedback to monitor local and regional needs, trends and competitive offerings. Liaises with store personnel to ensure product/collection supply meets demand.
14.Completes other tasks and assignments as required by management; complies with Danier Leather Inc. policies and procedures.
•Equivalent of post-secondary school education combined with related experience as a Buyer in a specialty retail/product development buying organization with a preferred background in handbag purchasing and merchandising, ideally including leather fabrication
•Strong product development experience and design process understanding an asset
•Fashion conscious and trend aware with a highly developed taste level and an appreciation of elegance, sophistication, style and lifestyle fashion demands of the target consumer group (females 35-54)
•Proven ability to manage a multi-million dollar sales budget
•Strong knowledge of Canadian competitive marketplace, i.e. trends, key competitors, price points, etc.
•Strong demonstrated mathematical, analytical and problem solving ability along with advanced skills in Microsoft Excel, Word, PowerPoint
•Team player with the ability to remain focused on goals; able to recognize opportunities to collaborate / assist with fellow team members; extremely adaptable, positive and flexible to change
•Excellent written and verbal communication skills in addition to well developed negotiation skills
•Previous exposure to a vertically integrated organization with internal manufacturing operations an asset
•Experienced with international travel and available and able to travel domestically and abroad for up to several weeks' duration on a quarterly basis or as required to meet the needs of the business