Responsibilities:
• Develop and implement strategic merchandise plans that align with overall business objectives and sales targets.
• Analyze market trends, consumer preferences, and competitive landscape to identify growth opportunities.
• Collaborate with cross-functional teams, including design, buying, and marketing, to ensure a cohesive and market-relevant product assortment.
• Oversee the planning, allocation, and replenishment processes to optimize inventory levels and maximize sales.
• Lead the development and execution of seasonal product launches, promotional events, and markdown strategies.
• Build and maintain strong vendor relationships, negotiate terms, and ensure timely delivery of merchandise.
• Utilize data analytics and performance metrics to make informed decisions and drive continuous improvement.
• Manage a team of merchandising professionals, providing leadership, mentorship, and fostering a collaborative and innovative work environment.
Qualifications:
• Bachelor’s degree in Business, Merchandising, or a related field. Master’s degree is a plus.
• Proven experience as a Merchandising Director or similar role in the fashion industry.
• In-depth knowledge of fashion trends, consumer behavior, and retail operations.
• Strong analytical and problem-solving skills with the ability to interpret data and make strategic decisions.
• Excellent communication and interpersonal skills, with the ability to build and maintain strong relationships.
• Demonstrated leadership experience, with the ability to inspire and motivate a team.
• Proficient in using merchandising software and Microsoft Office Suite.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.