Job Description
Summary
We are seeking a Buyer, who will be responsible for collection buying and extensive data analysis for VF Group. This role collaborates closely with retail, logistics and finance in merchandise budgeting, forecasting, and planning activities, while monitoring sales and key performance indicators across all retail channels.
The Buyer will be a key contributor to our team, driving business growth and aligning with our brand philosophy.
Job Responsibilities:
- Oversee buying activities during sales campaigns to build relevant assortments in line with VF Group strategy.
- Selecting and purchasing: responsible for meticulously curating the merchandise for retail stores or e-commerce platforms.
- Negotiate with suppliers to secure the best deals, ensuring that the luxury items they acquire meet the highest standards.
- Brand relationships: Building and maintaining strong relationships with luxury brands is crucial. Buyers collaborate with key brands to bring their collections to discerning customers.
- Collaborate with finance and planning to manage open-to-buy seasonally.
- Conduct sales and KPI analysis and define action plans to optimize business.
- Quality control: Buyers meticulously inspect the quality of luxury goods, ensuring they meet the brand’s reputation for excellence.
- Act as the buying expert, providing monthly qualitative, quantitative, and competitive reports to Management and other departments.
- Evaluate competitive market trends within the luxury environment.
- Communicate and partner with the Retail team on business strategies to achieve yearly sales plans.
- Manage reorders, inter-store transfers, and proactive consolidations to ensure profitability.
- Manage inventory levels, merchandise flow, and pricing for all store locations.
- Partner with other departments to align CRM activities and identify client-based development opportunities.
- Stay abreast of market trends, competitor activities, and consumer preferences.
- Collaborate with the Visual Merchandising and Marketing team to ensure successful collection launches and product alignment.
- Coordinate with Logistics and Warehouse teams on pricing and stock flow management.
- Regularly visit store locations to understand clientele needs and provide necessary product training.
Who You Are:
- Minimum of 5 years of experience in buying roles, preferably within a luxury retail environment.
- Bachelor’s or Master’s degree in Fashion Merchandising, Business, or a related field.
- Additional training: Specialised courses in fashion buying, merchandising, or retail management are beneficial.
- Knowledge of the fashion industry and market trends.
- Good digital and IT skills, including MS Office.
- Understanding of sales and performance KPIs.
- Ability to work cross-functionally within the organization.
- Ability to prioritize task execution based on business needs.
- Rigor, sense of organization, and multitasking management.
- The usual Working Hours are standard office hours, but flexibility may be required during peak buying seasons or fashion events.
- Ability to maintain a positive work environment while respecting brand values and behaviors.
- Fashion sense: A keen eye for aesthetics and an understanding of luxury fashion trends are prerequisites.
- Business acumen: Buyers need to make informed decisions based on market dynamics, pricing, and consumer behavior.
- Attention to detail
- Negotiation skills
- Passion for fashion
- Strong communication skills (verbal, written, and presentation).
- Strong analytical skills.
- Strong product sensibility.
- Ability to travel.
How to Make Your Mark
Ready to be a part of shaping the future of luxury retail? If you meet the outlined requirements, send your CV via the apply button below. Join VF Group in setting the standard for retail excellence and become an indispensable part of our dynamic team.
VF Group is committed to diversity and is an equal-opportunity employer. We welcome applicants from all walks of life to apply and contribute to our culture of innovation and sophistication.
