Senior Allocator

6 months ago


London, United Kingdom Michael Kors Full time

Michael Kors is always interested in hearing from talented, globally-minded individuals with a passion for fashion.

If you enjoy working in a creative, fast-paced environment, then we would love to hear from you

Michael Kors is always interested in hearing from talented, globally-minded individuals with a passion for fashion.

If you enjoy working in a creative, fast-paced environment, then we would love to hear from you

Kors is always interested in hearing from talented, globally minded individuals who enjoy working in a creative environment, then #korscareers would love to hear from you

We have an exciting opportunity for an Senior Allocator in our London office.

Department overview:
The European Retail Planning Team within Michael Kors is responsible for planning and trading stock and sales in all of our lifestyle and outlet stores across Europe.

You will manage & be responsible for a department across all channels to ensure the maximising of commercial opportunities.

What You’ll Do:

- To set and manage financial targets by department and category.
- Update & manage monthly OTB, working through WSSIs to identify opportunity in sales & to minimise risk.
- Create reports/recaps of the business, develop financial plans and monitor the performance of sales, inventory, markdowns and profit by classification from a top-line to store level
- Work closely with the buying team to analyse seasonal merchandise assortments and execute merchandising strategies in line with OTB; to plan, build and trade seasonal ranges throughout the year.
- Expected to produce regular & ad hoc analysis based on ROS, densities as well as sales and cover and present these findings to senior management
- Initiate and create analysis to recap business by classification and style at a top-line as well as store level in order to partner with buying team to create actionable strategies to drive sales and achieve gross margin profitability
- Recommend buys based on thorough analysis of retail business prior to each market to achieve increased sales, profitability and sell-thru %
- Assist in creating seasonal, monthly and weekly plans for sales, inventory, markdowns and gross margin.
- Produce & analyse weekly reports recapping sales, inventory and gross margin vs. plan and projection by classification, style and door
- To build & develop a highly motivated & results driven team
- Develop robust Exit strategies for OLD stock
- Involvement in ad hoc projects.

You’ll Need to Have:

- Solid experience within a Planning, Allocation or Merchandising position (outlet experience desired but not essential)
- Computer Literate - Advanced Excel Skills
- Prior experience managing junior level reports
- Strong analytical skills, creative problem solving skills and ability to thrive in an entrepreneurial environment

We’d Love to See:
Behaviours are important to help us deliver our purpose, and our goal is to ensure behaviours are present in everything we do - Trust and Support, Inspire and Empower, Innovate and Collaborate

MK Perks:
Our purpose is to make all employees and customers #FeelGreat with Michael Kors. When you join our business, we want you to feel like a valued member of the team from Day 1. To make your journey enriching with us, we offer
- Multi-brand Discount
- Exclusive Employee Sales
- Paid Parental Leave
- Generous Holiday Schedule and Vacation Days
- Internal mobility across Capri Brands (Michael Kors, Jimmy Choo, Versace)
- Hybrid working (3 days a week in the office)
- Flexible working hours
- Thrive Wellness Program
- LifeWorks Employee Assistance Program
- #FeelGreat program that include the following pillars: Connected Communities/Inspired Innovation/ Responsible Future/Meaningful Experiences
- Pension Contribution
- Season Loan Tickets
- Enhanced Maternity and Paternity Pay
- Private Health and Dental
- Gym Discounts

At Capri, we are all responsible for creating a diverse and inclusive workplace. We try to inspire change and growth within each other and believe success is a result that comes from our differences. Capri is proud to be an equal opportunity employer committed to inclusivity regardless of age, sex, sexual orientation, gender identity, genetic characteristics, race, color, creed, religion, ethnicity, national origin, alienage, citizenship, disability, marital status, military status, pregnancy, or any other legally-recognized protected basis prohibited by applicable law. M/D/F/V

At Capri, we are all responsible for creating a diverse and inclusive workplace. We try to inspire change and growth within each other and believe success is a result that comes from our differences. Capri is proud to be an equal opportunity employer committed to inclusivity regardless of age, sex, sexual orientation, gender identity, genetic characteristics, race, color, creed, religion, ethnicity, national origin, alienage, citizenship, disability, marital status, military status, pregnancy, or any other legally-recogniz


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