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Director of Planning
G-III Apparel Group, Ltd.
New York, NY, United States
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Director of Planning, Calvin Klein Handbags
Overview
Calvin Klein Handbags, GIII Apparel Group
Calvin Klein Handbags, a divsion of GIII Apparel Group, is seeking a Director of Planning to join it's team based in New York City!
The Director of Planning will lead the team in the crafting of tops-down sales, gross margin and inventory planning. The business planner closely partners with the Finance and Sales Operations teams to ensure store plans and merchandise OTB plans align. The business planner ensures plans are adjusted to account for shifts in holidays, promotions, and marketing initiatives. The business planner is the point person for initiatives that affect inventory flow and inventory liquidation.
About G-III Apparel Group
Behind every great company is an even better story. Ours began in 1956, when Aron Goldfarb came to the United States with a European master craftsman's skill and an unwavering desire to succeed. Aron founded G&N Sportswear, and in 1972 his son, Morris Goldfarb, current Chief Executive Officer, joined the Company.
Today, G-III Apparel Group, is a leading manufacturer and distributor of apparel and accessories under licensed brands, owned brands and private label brands with an entrepreneurial culture that flows throughout the comprehensive portfolio of over 30 licensed and proprietary brands, including Andrew Marc, Calvin Klein, Donna Karan, Kenneth Cole, Cole Haan, Guess?, Tommy Hilfiger, Karl Lagerfeld, Levi's, Dockers, Jessica Simpson, Vince Camuto, Ellen Tracy, Kensie, Ivanka Trump, and G.H. Bass, among others. G-III also has licenses with the four major professional sports leagues, as well as over 100 U.S. colleges and universities. In addition, G-III currently designs, manufactures and markets an extensive range of apparel, including outerwear, dresses, sportswear, beachwear, women's suits and women's performance wear, as well as luggage and women's handbags, small leather goods and various accessories.
Still located in the center of New York City's Garment District, G-III's goals for the future are consistent with its storied past, to produce great products that enable it to reach a broad spectrum of consumers; partner with nationally recognized brands to appeal to a brand conscious apparel market; and, perhaps most importantly, engage the entrepreneurial spirit that got it here by constantly seeking attractive new licenses and acquisitions to expand its reach and abilities.
Responsibilities
Success Profile:
• Partners with key stakeholders such as Finance, Accounts and Sales to ensure plans meet divisional targets and align prior to being locked.
• Crafts tops-down annual and long-range financial plans that incorporate the division’s retail sales, gross margin and inventory turn goals.
• Tracks division’s performance to plan and reforecasts on an ongoing basis to provide monthly insight on how to bridge shortfalls. Communicates risks and opportunity to leadership team.
• Partners with Sales in guiding the weekly business review for all divisions. Ensures a clear picture of business performance is communicated and that each division has a clear action plan to discuss.
• Helps guide key “go-to-market” meetings such as Monthly Hindsight, Seasonal Strategy, and Pre-Buy / Buy reviews.
• Leads any ad-hoc financial analysis, as needed.
• Partners with Sales to ensure marketing initiatives are planned appropriately and store inventory supports initiatives.
• Models and forecasts inventory liquidation strategy. Is the point person on recommended RTV of aged inventory and partners with accounts on an ongoing basis to ensure store capacity levels are in-check.
• Manage and negotiate Markdown Allowance Payout to the accounts by forecasting need and aligning with senior management’s expectations.
Qualifications
Professional Knowledge & Experience:
• 5-7 years planning experience
• Advanced Excel proficiency required
• Knowledge of BI and planning systems a must
Educational Background:
• Bachelor of Arts/Science degree required; preferably in the field of business
An EEO/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.