Job
Job Description
Our people define our company. AM Retail Group associates are smart, ambitious, engaging & fun people, who strive for excellence in everything they do. Working here requires commitment, innovation & flexibility. The entrepreneurial drive of our associates is at the heart of our quest to improve & innovate.
We have an immediate opening for an energetic, passionate & experienced Full Time Professional to join our Merchandising team as an Assistant Merchant (Karl Lagerfeld Paris).
This position provides daily coordination and serves as liaison between departments to support the Merchant. Performs a wide variety of high-level administrative support to include: merchandising strategies, product selection, in-season analysis, product development, communication with the marketing team managing markdowns and promotions, and creating product knowledge. Provides data entry and analysis, process coordination, product maintenance and Merchant support.
Job Qualifications:
- Bachelor's Degree in Fashion/Retail Merchandising, or similar required.
- Minimum 2-3 year retail experience in store leadership role or corporate Merchandising function required.
- Successful completion of a retail merchandising, fashion, or buying internship program preferred.
- Experience with business numbers and metrics and exposure to allocation, planning and/or buying that provided retail management systems experience is preferred.
- Possesses written and verbal communication skills.
- Highly preferred previous SKU intensive category management.
- Must be proactive, multi-tasking and detail-oriented with a well-developed set of interpersonal skills that allows for working with multiple departments and multiple levels of associates often times in an ambiguous environment.
- Computer/Excel skills, independence, decision-making skills and strong organizational skills also required.
- Basic business acumen required.
Responsibilities:
Systems Data Entry and Maintenance
- Create all style creations and purchase order entry forms after each market.
- Set-up, coordination and maintenance of all vendor information such as requesting shipping updates, communicating and resolving SKU issues and follow-up on samples.
- Style maintenance including but not limited to: price changes, stat code updates, attribute details.
- Coordination with Distribution/Logistics and vendors with tracking of shipments.
- Liaison between buyer, tech PO set up, planner and vendor to accurately understand purchase orders being written and accurately being communicated to vendor.
Price Management and Promotions
- Assists with pricing strategy on all product styles.
- Assists with the management of markdowns and exit strategies for product.
- Keying of price changes and making sure they "tie" back to visual merchandising direction and final audit of on all product data in merchandising systems.
Buying Responsibilities
- Manage the SKU assortment and assortment line sheets for categories.
- Coordinates the manage of the life cycle of the product while in stores. Partners on tactical implementation of the Company's merchandising strategies for current, new and old product.
- Provides communication coordination between stores, merchandising and the distribution center to ensure that product new receipts are timely and communicated.
- Assists with visual floorsets seasonally and monthly.
- Assists with product development approval samples and details for categories.
- Partners with allocation to analyze sales history and maximize store sales.
- Coordinates with Buyers on developing key categories, reviewing samples, coordinating with open-to-buys and achieving key financial measures.
Miscellaneous Duties & Projects
- Sample maintenance.
- Ad hoc reporting, data analysis and making recommendations.
- Weekly presentations of product analysis to executive group.
Other Information:
The pay range for this position is: $60k per year - $70k per year. Please note that the foregoing compensation information is a good-faith assessment associated with this position only and is provided pursuant to the New York City Salary Transparency Law.
This position is not eligible for relocation. Local Candidates only. Please include salary requirements.
AM Retail Group is a division of the G-III Apparel Group.
Being successful at AM Retail Group means putting the best ideas to work, taking action and following through. You will be challenged by smart, committed co-workers and pushed to be your best. This is a place where your individual talents and creativity make a difference. We are a dynamic company that provides competitive salary and excellent benefits including medical, dental, 401k, life, disability and more!
Equal Opportunity Employer
AM Retail Groups family of retail stores include: DKNY, Donna Karan, Karl Lagerfeld Paris, Andrew Marc, Wilsons Leather, G.H. Bass & Co.
This position is open. This job was posted on Sat Apr 20 2024 and expires on Wed Jun 19 2024.
$60K /yr Average
Tasks
- Buy merchandise or commodities for resale to wholesale or retail consumers.
- Negotiate prices, discount terms, or transportation arrangements with suppliers.
- Examine, select, order, or purchase merchandise consistent with quality, quantity, specification requirements, or other factors, such as environmental soundness.
- Recommend mark-up rates, markdown rates, or merchandise selling prices.
- Obtain information about customer needs or preferences by conferring with sales or purchasing personnel.
- Authorize payment of invoices or return of merchandise.
- Monitor and analyze sales records, trends, or economic conditions to anticipate consumer buying patterns and determine what the company will sell and how much inventory is needed.
- Collaborate with vendors to obtain or develop desired products.
- Inspect merchandise or products to determine quality, value, or yield.
- Conduct sales meetings to introduce new merchandise.
- Consult with store or merchandise managers about budgets or goods to be purchased.
- Provide clerks with information to print on price tags, such as price, mark-ups or mark-downs, manufacturer number, season code, or style number.
- Train or supervise sales or clerical staff.
- Determine which products should be featured in advertising, the advertising medium to be used, or when the ads should be run.
- Monitor competitors' sales activities by following their advertisem*nts in newspapers or other media.
- Analyze environmental aspects of competing merchandise when making buying decisions.
- Compare transportation options to determine the most energy efficient options.
- Develop strategies to advertise green products or merchandise to consumers.
- Identify opportunities to buy green commodities, such as alternative energy, water, or carbon-neutral products for resale to consumers.
- Monitor consumer preferences or environmental trends to determine the best way to introduce new green products.
Skills
- Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
- Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
- Speaking - Talking to others to convey information effectively.
- Mathematics - Using mathematics to solve problems.
- Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
- Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.
- Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
- Social Perceptiveness - Being aware of others' reactions and understanding why they react as they do.
- Coordination - Adjusting actions in relation to others' actions.
- Persuasion - Persuading others to change their minds or behavior.
- Negotiation - Bringing others together and trying to reconcile differences.
- Service Orientation - Actively looking for ways to help people.
- Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
- Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
- Management of Financial Resources - Determining how money will be spent to get the work done, and accounting for these expenditures.
Knowledge
- Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
- Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
- Sales and Marketing - Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
- Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
- Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
- Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
- English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
