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An Assistant Buyer provides operational support and assists the buying team with the selection and procurement of merchandise for the direct-to-consumer businesses, to support overall company sales, volume, gross margin, and turnover objectives.
RESPONSIBILITIES:
- Manage the assortment buying for alice + olivia brand products on FarFetch
- Oversee all aspects of the FarFetch business; order entry, product maintenance, inventory loads, product turn-ins and markdown management, to ensure sales targets are met
- Manage the 3rd party and alice + olivia owned accessories and lifestyle buying for retail stores and ecommerce
- Collaborate with the VP of buying to source and buy vintage accessories; build a strong relationship with our exclusive vintage apparel partner and curate a monthly drop for select stores
- Manage the style creation for all vintage products in our POS system, tag and ship merchandise to select stores
- Ensure all stores accept 3rd party merchandise correctly and receiving reports match invoices before submitting to finance for approval
- Support VP of Buying and Director of Buying with all order entry
- Track departmental receipt flows for all areas of responsibility
- Analyze sales trends to identify best sellers and manage re-orders to achieve sales goals
- Create and distribute weekly selling reports and make business recommendations to management
- Participate in OTB discussions to develop understanding of key financial concepts and components
- Ensure all markdowns and store promotions are entered and set up properly in system; communicate to stores
- Complete assigned tasks thoroughly, accurately and on a timely basis.
- Work cooperatively with others. Display a positive attitude and a willingness to assist all members of the buying team
- Bachelor's Degree in related field
- 1-2 years of buying experience required
- Strong Excel skills
- Strong business analytical skills with knowledge of retail math and retail systems
- Excellent communication, organizational and problem-solving skills
- Aptitude to function within deadlines, while working both independently and as part of a team
