Our people define our company. G-II 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 a Merchant. This position is responsible for P&L of the Karl Lagerfeld Paris division. Determines product assortment and ensures they are brought to market in a timely and profitable manner. Executes merchandising and marketing strategy including assortment, sales planning, pricing and allocation. Acts as the primary liaison between wholesale, marketing, sales and allocations. Manages the product life cycle and inventory from concept to consumers. Oversees set-up of store to ensure products and promotions are current and reflect strategies and financial goals. Qualifications:
- Bachelor's Degree required in Retail Merchandising, Business or related field
- Minimum 5-7 years progressively responsible retail experience in merchandising or product development is required
- Divisional responsibility preferred
- Previous supervisory experience needed
- Possesses strong written and verbal skills
- Negotiation, project management, data analysis, product development and trend forecasting ability are critical
- Must be agile, proactive and detail-oriented with excellent interpersonal skills that allows for working with multiple departments and multiple levels of associates
- Advanced Excel skills, conceptual skills and strong organizational skills are also required
- Product Development skills are preferred
- Domestic Travel is required
Position Outcomes / Deliverables:
- Delivery of financial goals set forth by company
- Delivery of brand integrity through product, promotion, and marketing
- Delivery of financial results/sales via timely and accurate product placed in stores
- Timely and accurate completion of inventory turnover, sell-thru % and margin goals
- Efficient and effective coordination with Store department on placement, price point, promotion, and allocation
Essential Duties and Responsibilities: Product Development / Buying Responsibilities
- Coordinates with Planning and wholesale teams on developing key categories, reviewing samples, with open-to-buys and achieving key financial measures
- Develop and manage financial plans with adherence to open-to-buy financial and inventory parameters
- Responsible for approving final product line and negotiating pricing
Price Management and Promotions / Marketing Strategies
- Determines pricing strategy on new products (IMU and gross margin)
- Determines and manages markdowns and profitable exit strategies for product
- Develops and Manages the SKU assortment / Assortment Planning
- Determines the life cycle of the product while in stores and actively manages inventory through development of exit strategies
- Partners with Marketing, Visual Merchandising and Store teams to develop overall visual merchandising for product line
Coordination / Liaison Duties
- Acts as key liaison with Planning, Allocation and Marketing on product development, delivery of goods, promotional and pricing strategies
Other Information: The pay range for this position is: $90,000k - $110,000k 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. Being successful at G-III 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 G-III Retail Groups family of retail stores includes: DKNY, Donna Karan, Karl Lagerfeld Paris, G.H. Bass & Co., Andrew Marc & Wilsons Leather