Overview
Assistant Buyer, Handbags Jobs in New York, NY at Michael Kors
Title: Assistant Buyer, Handbags
Company: Michael Kors
Location: New York, NY
Who You Are:
Michael Kors is looking for an experienced, business savvy, opportunistic and product-focused Assistant Buyer to take our growing Full Price Handbag business to the next level. As an Assistant Buyer, you will assist the Sr. Buyer and partner with cross-functional teams to identify opportunities, develop, and execute strategies to build strong assortments that will achieve financial objectives of the division. This person will be responsible for assisting the Sr. Buyer to cohesively build the product assortment, as well manage the lifecycle of the product within our stores.
What You’ll Do:
Generate weekly selling reports and business analysis to track selling, identify key trends, maximize opportunities, and minimize liabilities to achieve continued growth and profitability of the Handbag business.
Run analysis and prepare selling hindsight to identify opportunities in the assortment. Create assortment boards when necessary.
Responsible for maintaining assortment sheets, pricing/conversion files, processing markdowns, reconciling on order, and sample management.
Recommend timely markdowns/promotions on goods and reorders on best sellers. Share insight based on reviewing analysis to strategically grow and impact the business.
Foster and leverage cross-functional relationships to create opportunities for the business – specifically partnering with Site, Digital, Marketing, Visual Merchandising, Store, and Global Merchandising.
Responsible for execution of product assortment grids and sharing buy information with cross-functional teams.
Work closely with Planning teams to execute merchandising strategy on by-door basis.
Work with Allocation teams and store management to ensure assortments by door are maximized. React to business needs by managing warehouse inventory and working with allocation teams to get merchandise out to stores.
Communicate and partner with production partners on order placement and ensure proper execution of all merchandising strategies.
Attend and actively participate in market. Responsible for entering all market orders.
Assist the Sr. Buyer on buying and merchandising strategies that align with financial goals for the division and company and drive the business forward in sales and profitability.
Assist the Sr. Buyer to execute buy process from concept to completion, including robust line planning.
You’ll Need to Have:
1+ years experience in Retail Buying or Merchandising
Strong product development experience
Minimum Bachelor’s Degree
Computer Literacy – Strong Excel & Microsoft Skills (Word, Powerpoint, SharePoint, OneDrive)
Strong analytical and creative problem-solving skills
Ability to work in NYC office 3 days a week
Elevated fashion sense and know-how
Energetic with can-do attitude
Ability to thrive in entrepreneurial environment
We’d Love to See:
Proven ability to be strategic, tactical, and drive results in a demanding, fast-paced environment
Entrepreneurial, out of the box thinker
Experience in Accessories
Exceptional organizational skills
Excellent written, verbal and presentation skills
Curiosity and passion for Women’s Accessories
Perks:
Generous Paid Time Off & Holiday Schedule
Summer Fridays
Internal mobility across Versace, Jimmy Choo and Michael Kors
Cross-brand Discount
Exclusive Employee Sales
Fav 5 Cards (MK Discount for friends and family)
401k Match
Paid Parental Leave
Thrive Wellne…