Fashion Merchandise Manager

2 weeks ago

London, United Kingdom Japan House Limited Full time

As Senior Merchandising Manager, you will be responsible for Japan House London Enterprise's (JHLE) Buying and Merchandising function.
You will develop and execute a comprehensive merchandising strategy, ensuring on-brand and profitable product ranges are developed, aligned with business goals, revenue and profit targets.
The Senior Merchandising Manager will lead the Buying and Merchandising Team and work closely with other members of the Retail Team to ensure JHLE merchandising strategy is developed in line with the Retail Team KPIs, the needs of the customer and the ultimate mission of Japan House London.
Develop and implement the merchandising strategy to optimise the product ranges in store and online to ensure revenue and profit targets are achieved
Analyse market trends, customer insight and sales data to make informed decisions on product selection, pricing, and inventory management
Develop and manage merchandising budgets, ensuring effective allocation of resources to drive sales and meet financial targets
Coordinate with suppliers and vendors to negotiate terms, pricing, and delivery schedules to maintain optimal inventory levels and put in place commercial agreements and monitor vendor performance and manage vendor contracts and agreements
Analyse product performance and advise on product presentation, display layout and visual merchandising to help maximise revenue targets and customer experience
Monitor competitor activities and market trends to stay ahead in the market and identify new opportunities for growth
Collaborate with cross-functional teams, including marketing, and retail sales, to align merchandising strategies with overall business objectives
Develop and implement inventory control strategies to maintain optimal stock levels, reduce excess inventory, and minimise out of stock
Set OTB strategy in conjunction with annual forecast targets and and ensure we have the right stock in the right place at the right time to deliver sales and satisfy customer demand
Create and manage budgets for buying and merchandising activities, tracking and reporting on financial performance.
Develop and implement merchandising management reports tracking departmental performance and reporting on variances and using data to make informed decisions
Team & Risk Management

Provide guidance and direction to the Merchandising & Buying Team, fostering a collaborative, innovative and performance-driven work environment based on JHL Values
As appropriate, support Japan House London's initiatives, cross-functional projects, and organisational development activities.
Ensure all product fulfils all legal health and safety guidelines.
Over 5 years experience at senior level in merchandising and buying in high end retail sector
Bachelor's Degree or equivalent
Excellent financial analysis capability and planning skills
Collaborative approach to building relationships across teams and with suppliers and stakeholders
Proficiency in using merchandising software and data analysis tools
Strong analytical skills with the ability to interpret data and leverage insights to drive business growth.
QUALITIES
Drive excellence and brand quality. Have empathy and emotional intelligence to understand what style to use in which situation.
We aim for a flexible approach to work locations, balancing regular on-site presence and working remotely. The mix of office-based working and remote working will be determined by business need and role requirements.
Office is based at Japan House London, Kensington High Street, however, off-site work is occasionally required.
Japan House London is committed to equality, diversity and inclusion among our workforce.

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