Buyer
DailyCandy is launching an invitation-only shopping destination
– Swirl – that will provide access to the brands that
DailyCandy subscribers have come to know and love at up to 70% off
full retail prices. Swirl will focus on both up-and-coming
and traditional brands, but with DailyCandy’s distinctive
voice – a sense of style that that is both fashion-forward
and provides a sense of discovery to its audience – in a
shopping environment that is an extension of the existing
DailyCandy brand.
Swirl by Daily Candy is looking for a Buyer to be part of the merchandising team. The position reports into the General Manager of Merchandising (GMM).
Specific responsibilities include:
· Managing sourcing for 1-2 sales a week.
· Implement the Private Sale merchandising strategy that is tied to membership growth.
· Working with the GMM to create sales planning strategy and objectives; achieving financial targets.
· Initiating new relationships and maintaining existing relationships for Private Sale.
· Implementing the Buying (or Consignment) Process:
o Choosing the styles and quantities of pieces to be sold for each sale.
o Negotiating buying terms with the brand (price, quantity, delivery terms, consignment preferred vs buying if possible).
· Keeping abreast of industry trends and new product ideas by reading relevant magazines, visiting stores regularly and attending trade shows.
Requirements
· College degree.
· 5+ years experience working in Merchandising in fashion and luxury.
· Ability to initiate relationships with diverse domestic and international brands across product categories.
· Self-starter, strategic thinker, ambitious in nature, good with people.
· Interest in retail and fashion, avid reader of fashion and trade publications.
· Strong understanding of merchandising financials and ability to manage profitability.
· Ability to analyze reports and draw conclusions/recommendations from sales data.
· Ability to remain flexible and willing to change strategies, as business needs dictate.