
Website Forever 21
Job Description:
The Merchandiser is responsible for developing a financially sound assortment plan for the company’s wide selection of merchandise. The Merchandiser will maintain a designated collection of items and work to create a cohesive merchandise mix to optimize sales volume and profitability based on emerging market trends, past sales/revenue, and
Job Responsibilities:
- Review weekly sales performance numbers to identify potential re-order opportunities and styles that require markdowns
- Participate in weekly open-to-buy meetings with Planning & Allocation to ensure the achievement of financial targets, including turn and sell-through goals
- Perform competitor and market analysis by researching competitors’ price points, promotional campaigns, and emerging trends in colors, materials, and categories
- Conduct weekly analysis of stock-to-sales ratio by merchandise category, identifying trending and underperforming lines and best sellers to provide actionable recommendations to buyers for improving merchandise mix
- Assist Buyers in analyzing and selecting seasonal buys to optimize the product mix for each market and store
- Clearly communicate to Buyers and Product Development teams key-item-buys to achieve open-to-buy goals and margins for designated items
- Partner with the Trend team to devise seasonal concepts and to identify exploitable/emerging trends
- Coordinate with cross-functional partners in Production, Design, and Trend in order to make sure designs are adoptable, costs are measured, and concepts are clearly defined
- Devise seasonal merchandise plans by monitoring weekly sales, analyzing style performances, and market trends; fill assortment plans, ensuring that merchandise concepts are aligned with assortment strategies
Job Requirements:
- Acute fashion sense with proven ability to envision and interpret fashion trends
- Must possess the ability to understand and act upon
- financial retail indicators such as sales, gross margin,
- inventory productivity, sell-through and turn
- Must have high fashion intelligence and a broad-based business acumen
- Must have a strong desire to work in the fashion industry and demonstrate an ability to identify and foresee fashion trends Must have strong proficiency in Microsoft Excel for reporting and analysis
- Must have a Bachelor’s or Associate’s degree in Fashion, preferably Fashion Merchandising
- Must possess excellent verbal and written communication skills
- Must have at least 4-5 years of merchandising experience with a successful track record of high volume business growth and bottom line
Job Details:
Company: Forever 21
Vacancy Type: Full Time
Job Location: Los Angeles, CA, USA
Application Deadline: N/A
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