Overview
Assistant Merchandising Manager Jobs in Shanghai, China at Value Retail China
Title: Assistant Merchandising Manager
Company: Value Retail China
Location: Shanghai, China
COMPANY PROFILE:
Value Retail is the creator and operator of The Bicester Village Shopping Collection – with 12 luxury shopping destinations in Europe, U.S. and China, home to more than 1,200 boutiques of the world’s leading luxury fashion and lifestyle brands, offering exceptional savings all year round.
What sets us apart: A Distinctive Fashion Experience. If you have what it takes to create something extraordinary every day, then look no further – this is where you need to be! At Value Retail China, we all share the same ambition: to create extraordinary experiences for our guests, brand partners and colleagues. We are entrepreneurs at heart, passionate about what we do, and we never take no for an answer.
POSITION SUMMARY:
He/she will partner with the Retail team and Brand partners both locally and centrally to develop a robust ability to forecast trends, select and develop a product pipeline in stores that suit our evolving customer profile. He/she has to understand the customer needs that have become exponentially more complex in recent times. To be successful in the role, it’s imperative that he/she is able to evaluate data analytics, patterns in online and offline shopping behavior, and be able to anticipate trends, gauge the impact of macroeconomic conditions on consumption habits, while translating the data to enhance the customer experience offers. He/she will be the curator of experiences and the inventor of offerings for guests.
Key Responsibilities:
- Manage brand portfolio and reach financial goals
- Ability to drive the business through understanding the customer and predicting customer
behavior
- Ability to absorb enhanced analytics and work closely with marketing to understand and
adapt to trends that satisfy quickly changing customer tastes
- Ability to forecast trends, select products that are aligned to our targeted customer profiles,
establish rapport with potential and actual customers to raise brand awareness of requirements
- Ability to evaluate data analytics together with patterns in shopping behavior
- Tracking sales to monitor the performance of each core product segment
- Carefully monitor and maintain inventory levels versus sales to determine how much more
product needs to be ordered
- Together with our brands, formulate pricing policies by reviewing merchandising activities,
determining additional needed sales promotions aligned to market trends
- Review the demographics of our Brands to ensure that the correct amount of stock is ordered
and provided
- Run promotional events to help sales by drafting an advertising campaign and providing the necessary materials needed to generate Guests interest
- Observes customer reaction to promotions, and removes promotions at end of promotion stage
- Equipped to readily sense the needs of consumers and respond in meaningful and innovative ways, giving people what they want from people they trust.
Skills and Qualifications Required:
- Proven experience working as high achieving Buyer/ Merchant within a fashion and / or luxury
environment, preferably from a department store/ multi-brand retailer
- Strong “product” mindset and ability to turn product availability into a key commercial moment leveraging all marketing platforms
- Deep product knowledge and on- trend fashion understanding
- Excellent commercial awareness
- High standard of numerical ability, high and consistent attention to detail
- Ability to effectively communicate at all levels across the business, good influencing and negotiation skills, passionate about continuous improvement and effectiveness
- To think holistically and strategically about the needs for the high spending guest with your expertise in influencing brands to adjust inventory, product assortment, product display and
elevated visual and merchandising.
- Comfortable working in a competitive environment that is driven by sales quotas
- Understanding of branding, marketing and customer analytics, and newly developed technology that tracks customer behavior
- Ability to deal with ambiguity, navigate uncertain situations, and drive for clarity
- Demonstrated strong capability in verbal and written communications skills
