Junior Buyer

4 days ago

London, United Kingdom New Look Full time

Junior Buyer
- Temporary- London OfficeWe’re New Look and we’ve been at the forefront of British high-street fashion since 1969. Over the last 50 years, we’ve grown to be a global, multichannel brand offering on-trend, value-driven fashion for women, men, girls and boys.

Our passion is feel-good fashion at feel-good prices - and we truly believe that all starts with us. Our values inspire us every day: we play to win, we’re customer-obsessed and we work as one to give each and every one of our customers That New Look Feeling.

It's a busy and exciting time for the brand and we’re on the hunt for a Junior Buyer to join our dynamic Buying team.

The Role:
As a Junior Buyer at New Look, you will be an integral part of our dynamic Buying team, playing a crucial role in shaping our future collections. You'll be supporting the development and delivery of a commercial and profitable range that maximises sales opportunity. Your creative mindset and understanding of the market will be invaluable as you work closely with the Senior Buyer/Head of Buying and Designer to create collections that leave a lasting impression.

Planning

Understanding the Business Strategy and how that impacts your department
Influencing the pricing strategy and price point policy for ranges in conjunction with the Merchandiser
Capacity planning proposing the production capacity required to meet changing demands for the product
Solid understanding of the Department’s current Customer insights, Market Share and opportunities
Working in conjunction with Marketing and E-Comm to identify opportunities for your department
Developing pricing strategy

Buying

Working with design to develop brief and product, providing focused, clear development direction to supplier base
Managing and singing off product specification packs, thinking creatively to meet the Critical Path
Negotiating the best cost price to achieve departmental margin targets
Understanding product trends and interpreting them where relevant into product areas
Developing the right product at the right time, in line with the departmental design brief to meet customer requirements
Utilising Open to Buy (OTB) through product development
Building Ranges to option framework to maximise sales and profit and to offer the customer the best assortment
Understanding the best sourcing route and Supplier for product whilst developing a short lead time route for trading
Monitoring Critical Path on Commitment to insure intake and distribution targets are met
Highlighting trial product opportunities to maximise future sales and reduce risk
Working with Garment Tech to complete fit sessions in order to develop blocks and fit, that reflects design input and customer trends
Agreeing packaging requirements and presentation of product in line with the Critical Path

Knowledge and Experience

Previous experience as an Assistant Buyer / Junior Buyer within a major retailer / department within New Look

Minimum level of education or qualifications

Fashion Qualification / Other degree desirable

Measures / Key Performance Indicators

A balanced, commercial departmental range bought in line with the Critical Path
Delivery of Profit Margin target
A motivated and supported team
To represent our New Look Values
- Why New Look?_

The amazing people, the love for fashion
- there are so many reasons to love working at New Look. We prioritise development, offering training to support your progression, so you can be at your absolute best and achieve your goals. You’ll also receive these amazing benefits, to name only a few:
40% staff discount
Monthly 25% off privilege vouchers for family and friends to enjoy
Quarterly sample sales
Season ticket loans

Our colleagues balance their time between home and office - we believe this is the best way to maintain a flexible but collaborative and social way of working.

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