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Buyer
Fashion Industry Company
New York, NY, United States
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THE OUTNET is the most fashionable fashion outlet. Since its launch in April 2009, by the people behind the award-winning website Company, THE OUTNET has quickly established itself as the chic, go-to destination for the global, style-conscious shopper looking for the best designer brands at a great discount price.
We are now looking for a talented Buyer to join THE OUTNET Buying team.
Responsibilities:
• Responsible for the seasonal buy budget and buy strategy for the department
• Responsible for negotiation of terms, conditions and deliveries to ensure consistent and flow of stock to maximize sales and margin
• Managing and flexing OTB within Brands to hit the quarterly targets but remaining opportunistic and driving the best possible return for the OTB
• Proactive continuous global product sourcing in an opportunistic environment, developing existing relationships and fostering new relationships, including international travel
• Maintain and develop best position with vendors to insure we are the exclusive or first point of call for any off price activity
• Analyse weekly reports and work with Merchandiser to review risks and maximise opportunities
• Up to date competitor knowledge within both off price and full price to ensure THE OUTNET is the premier off price destination
• Using strong knowledge of luxury RTW market to source and recommend appropriate new brands
• Feeding upload and buy strategies internally to all relevant teams, including Marketing, Upload and Editorial
• Management and development of junior team members
• Feedback on department to Buying Manager and Buying Director
Essential Skills & Requirements:
• Significant commercial experience gained in a Buying role
• Extensive relevant experience in luxury fashion retailing within a multi-brand environment
• Entrepreneurial spirit with the creative flair to drive a business forward
• Proven commercial experience of trading in a fast paced and reactive environment
• Proven track record of creating positive impact on business through buying strategy
• Good judgement and decision making skills with confidence in suggesting calculated risks.
• Off price experience not necessary but must demonstrate an enthusiasm and interest in off-price
• Experience in managing individuals or a small team
• A proven track record of networking, negotiation skills
• Highly numerate with strong analytical skills
• Excellent communication skills
• Extremely well-organised, methodical and efficient with the ability to self-motivate and drive initiative
• A sense of personal style and a keen eye for details
Location: Manhattan
Hours: 37.5 hours per week
To Apply: Please apply online with your CV and a supporting cover note explaining why you are suitable and interested in this opportunity.
YOOX Company GROUP is an equal opportunities employer, if you require any reasonable adjustments to complete your application, please do not hesitate to advise us accordingly.
About Us:
YOOX Company GROUP is the world’s leading online luxury fashion retailer. The Group is a Global company with Anglo-Italian roots, the result of a game-changing merger, which in October 2015, brought together YOOX GROUP and THE NET -A-PORTER GROUP; the two companies had revolutionized the luxury fashion industry since their birth in 2000.
YOOX Company GROUP is a unique business with an unrivalled offering including multi-brand in-season online stores Company and MR PORTER, and multi-brand off-season online stores YOOX and THE OUTNET, as well as numerous ONLINE FLAGSHIP STORES, all “Powered by YNAP”. Through a joint venture established in 2012, YOOX NET -A-PORTER GROUP has partnered with Kering to manage the ONLINE FLAGSHIP STORES of several of the French group's luxury brands.
In 2016, YOOX Company GROUP joined forces with Symphony, an entity controlled by Mohamed Alabbar’s family, to establish a ground-breaking joint venture to create the Middle East’s undisputed leader for online luxury retail.
Uniquely positioned in the high growth online luxury sector, YOOX Company GROUP has an unrivalled client base of more than 2.9 million high-spending customers, 29 million monthly unique visitors worldwide and combined 2016 net revenues of €1.9 billion. The Group has offices and operations in the United States, Europe, Japan, China and Hong Kong and delivers to more than 180 countries around the world. YOOX Company GROUP is listed on the Milan Stock Exchange as YNAP.
For further information: Company website | Linkedin: YOOX Company GROUP | Twitter: @YNAP