Fashion Buying Manager
4 weeks ago
We are seeking a highly skilled and experienced Buying & Merchandising Manager to lead the buying and merchandising strategies for the Ted Baker brand. As a key member of our team, you will be responsible for developing and implementing seasonal buying strategies that align with brand guidelines and market trends.
Key Responsibilities:- Lead the development of seasonal buying strategies in line with brand guidelines and market trends.
- Manage the product selection process, collaborating with partners and licensee sales teams to ensure a commercially viable assortment that aligns with the Ted Baker brand identity.
- Ensure products meet price, quality, and sustainability standards.
- Develop and implement merchandising plans that maximize sales and profitability.
- Analyse sales performance, inventory levels, and market trends to inform product allocation and replenishment strategies.
- Work with the planning team to manage stock levels, ensuring optimal inventory management across all channels.
- Build and maintain relationships with key partners, vendors, and suppliers, negotiating terms, pricing, and lead times to ensure timely delivery and cost efficiency.
- Monitor supplier performance to ensure quality standards and production timelines are met.
- Collaborate with design, sales, marketing, and logistics teams to deliver cohesive product launches and seasonal collections.
- Partner with finance to forecast and manage the product budget, ensuring alignment with financial goals.
- Conduct detailed sales and margin analysis, identifying key product drivers and areas for improvement.
- Use data insights to make recommendations on product assortment, pricing, and promotional strategies.
- Track and report on KPIs such as sell-through rates, stock turn, and markdown performance.
Requirements:
- Strong proficiency in Microsoft Office, particularly Excel.
- Experience with merchandising and planning software.
- Experience working with design and inventory management tools.
- Strong understanding of retail math, financial metrics, and forecasting.
- Knowledge of e-commerce platforms (Shopify preferred) and omnichannel retail.
- Analytical mindset with the ability to translate data into actionable insights.
- Strong commercial awareness and a keen eye for trends and market shifts.
About Us:
Ted Baker is a global fashion brand that operates globally with headquarters in New York City and offices in various locations, including London. Our mission is to treat our stakeholders with respect, integrity, and fairness while delivering high-quality products. Our core values—Unity, Loyalty, Advancement, and Charity—guide our operations.
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