Buyer

JOB SUMMARY

The buyer will assist in buying and assorting merchandise for Retail stores in Hong Kong, Macau, Singapore & Australia, in accordance with corporate guidance and providing on-going feedback around merchandise needs on the assigned categories.  He or she is required to assisting in the development of merchandise plans focused on sales, markdowns, inventory, and growth opportunity.  Proactively collaborate with cross-functional partners including planning, allocation and visual merchandising to align product strategies.

RESPONSIBILITIES

BUYING

·         Assist in formulating the buying strategy and the buying process to make sure each buy is done properly (quantity and styles) by assorting the line, analyzing history, and identifying volume drivers to maximize sales for each season with guidance and collaboration with the Corporate Buying function

·         Prepare regular sales reports with updated information on routine basis (weekly/monthly/ seasonally) & detailed market feedback

·         Work closely with PR to incorporate Look Book selections in Buy

·         Work closely with VM for the Windows to maintain a global image

·         Support in preparing seasonal product training with brand presentation and material translation

·         Be responsible for the merchandise distribution, stock allocation and merchandise reordering management

·         Monitor closely the stock movement of individual shops, work closely with planning team to arrange inter-shop stocks transfers to maximize sales and optimize inventory

PROVIDE FEEDBACK ON LOCAL MARKETS NEEDS & MERCHANDISING STRATEGY

·         On-going communication with Merchandising Team in U.S. on local market needs and specific country requests, that include but not limited to special products, new stores opening and new initiatives of the region

·         In touch with local industry trends and competitor awareness in pricing, trend, quality and products offers

·         Responsible for the Seasonal Product training to the Retail team

-        Conduct product training when season kick off to retail  staff to ensure they possess  good knowledge

-          Provide the specific training (trendy Information, key item focus, regional delivery timetable) to retail staff and tracking their performance

-          Support and work with training team regarding to product knowledge and in-store activity to enhance training throughout the season

-          Translate the relevant materials on product knowledge

SALES DRIVER AND OWNERSHIP

·         Run varies sales reports and analyze data weekly to identify current sales trend, inventory situation, and opportunities, recommending action plan weekly on ground in order to drive sales:

-          Sales/EOH by season, concept, class, style, stores

-          Co-ordinate with Creative presentation team to maximize the sales opportunities

-          Recommend Markdowns/Promotions

-          Call out any Initial Product delivery issues and/or Propose Replenishment

-          Co-ordinate Bi- Weekly products transfer/consolidation

-          Proposing Incentive Plans

-          Event planning and coordination merchandising related

·         Support retail team on merchandising related such as defective products, system retail price error, store product request etc.

EDUCATION & PRIOR EXPERIENCE NEEDED

·         Degree holder in Fashion Merchandising/ Business or related disciplines

·         A minimum of 3 years fashion retail merchandising experience.  Previous regional buying experience in luxury fashion industry

·         Strong planning, communication and presentation skills

·         Sound business acumen and retail numerical sense, detailed mind with strong analytical skills

·         Proficiency in MS Office Applications and advanced in Excel

·         Excellent command in English & Chinese