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Job Description & How to Apply Below
We are an American luxury lifestyle brand, founded in 2004. Anchored in the casual elegance of American sportswear, Tory's design philosophy is defined by effortless silhouettes, innovative materials, eclectic juxtapositions of colour, and the tension of past and present. The collections include ready-to-wear, handbags, footwear, accessories, jewellery, home and beauty. Empowering women is the company's guiding principle, expressed through Tory's collections and reflected in the company culture as well as the work of the Tory Burch Foundation.
We now have an opportunity based in our Milan Corporate Office for a Buyer and Merchandiser (Maternity Cover). The role of a Tory Burch Buyer & Merchandiser is responsible for leading the increased sales and profitability of the department, through planning and delivering a balanced and cohesive range into stores and on site, that reflects the Brand vision, emerging trends and regional nuances.
Partnering with all key stakeholders;
Planning, Retail, VM, ECOM and Store Teams, to ensure key investments, best sellers and seasonal styles are promoted accordingly.
Responsibilities include:
Trading: Weekly and monthly Omni-channel trade reporting. Manage and lead the ownership of specific categories but also topline trade performance reporting for the DTC Business. Providing sophisticated strategic updates based on sales risks, opportunities and putting forward actions plans to successfully drive the business. Partner with Planning counterpart to ensure full optimization of product performance from demand, markdown, stock intake and returns, to ensure financial targets are achieved / exceeded vs Plan.
Work with the Wholesale Buying Manager to partner effectively on managing the life cycle and end-end product management across the Region (Master Attribution / Lifecycle in/out of market conversations), enabling us to hit EOP and WOS targets. Create balanced and considered ranges with this in mind. Build an Omnichannel mindset by leveraging Webapp, Boss and Hero and an omnichannel stock approach.
Ensure via BOSS we are accurately buying, planning and allocating against. Gain further knowledge, authority and evolve relationships by visiting the stores and key accounts more regularly. Know the business by heart. Work with Management to deliver Regional EOM Product feedback and strategy direction with a focus on owning the DTC Business input. Buying Be a true Product Ambassador for the Region.
Ensure delivery of clear Regional and Channel views across all product focuses and messages. Build a strong partnership with Corporate to enable the Region to deliver on product successes. Partner with Corporate on tailoring for the Region vs Global requirements. Collaborate with your Planning partner to build seasonal financial plans by highlighting areas of opportunity, category sell through etc, thereby shaping the assortment architecture of the Region.
Constantly review the market and external competitors, through regular comp shops and store visits to ensure the collection that is delivered to the market is appropriate – reacting where necessary. Develop a closer relationship with CRM to gather more in-depth insights on our customer behaviors. Aim to include this as part of the hind sighting process to identify trends and opportunities arising, alongside setting the correct Product Strategies.
Continue to reduce skus and plan sku counts at delivery month vs season level. As a Region ensure at point of the buys, we have more of a cohesive and aligned approach on both strategy and investments. Ensure proactive collaboration with WHSL counterpart to ensure we continue to focus the buys and product strategies, feedback and opportunities at a Region level and not just at channel level.
Work closely with management to reevaluate regional pricing every season to elevate the brand (leather goods) while finding white space in the Ready to Wear Market and remain competitive on Footwear. Review SLGS strategy to ensure we can look to grow the potential of this category. Merchandising: Closely work with Planning partners to review monthly Regional core…
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