Assistant Manager / Manager, Buying, Asia

JOB SUMMARY

JOB DESCRIPTION

JOB SUMMARY

The Buying Assistant Manager / Manager oversees the buying team in Hong Kong. This position is responsible for defining the buying and product strategy for Retail Stores in Hong Kong, Singapore, Macau, Australia and Taiwan, in accordance with corporate guidance and providing on-going feedback around merchandise needs. He or she will develop strategic merchandise plans for sales & markdowns, inventory, and growth opportunity .

RESPONSIBILITIES

Merchandising

• Build the brand's point of view for the merchandise strategy that can exceed Asia needs
• Build and grow the business; identify and seek opportunities to positively affect category/company
• Create strategy to balance assortment including short and long term milestones
• Lead the merchandising process. Work closely with HQ Design and Merchandising to edit the assortment by commodity, by month, by color ensuring all markets needs are met. Devise a good-better-best retail pricing strategy by country
• Monitor sales and sell through situation and initiate appropriate strategies and tactics to maximize sales potentials
• Continuously seek deep competitor insight and trend prediction of category
• Manage both internal and external relationships with business partners to make sure all deliverables

Leadership and People Management

• Leads by example and operates effectively in the face of continuous pressure imposed by the work environment
• Monitor and review performance of buying team. Provide leadership by directing, focusing, and motivating team members to keep their efforts on track
• Monitor development and performance of direct reports through regular meetings to discuss performance and development compared to goals; provide on job training and coaching regarding their needs and concerns to aid in future development
• Continuously looks to innovate and improve our business and business processes

Financial

• Determine and drive the strategic focus of the overall category area. Identify growth, maintain and down trending businesses
• Possess a clear understanding of gross margin return on investment; analyze and recommend pricing strategies to impact it
• Monitor and ensure category adheres to the line plan to stay within budget

Cross-functional Partnership

• Partner with HQ Merchandising team to build a compelling assortment for the category each season
• Partner with Retail and Sales to establish a balance range of merchandise suited to customers' profile; make recommendations for changes and improvements to maximize sales potentials
• Partner with Planning for close monitoring of sell through situation, inventory, reordering and stock delivery to ensure appropriate levels of stock are maintained; initiate strategies and tactics to liquidate stocks and boost sales
• Partner with Marketing and Visual to ensure alignment in functions and clear and compelling category story pull through
• Partner with Training team on seasonal product training & workshops
• Work with logistics and distribution to ensure timely product delivery
• Serve as the representative of the division as needed within the company

EDUCATION, PRIOR EXPERIENCE AND SKILLS NEEDED

• Degree holder in Fashion Merchandising/ Business or related disciplines
• A minimum of 8 years fashion retail merchandising / buying experience, in which 2 years in managerial level
• Strong buying experience in luxury fashion industry
• Strong planning, communication and presentation skills
• Sound business acumen and retail numerical sense, detailed mind with strong analytical skills
• Proficiency in MS Office Applications and advanced in Excel
• Excellent command in English & Chinese, knowledge of other Asia languages is a plus

Equal Employment Opportunity Statement

Tory Burch LLC is an Equal Employment Opportunity employer and provides equal opportunities to all employees and applicants without regard to an individual's age, race, creed, color, religion, national origin, sex (including pregnancy) or sexual orientation, gender expression, military status, marital status, genetic predisposition or carrier status, disability or membership in any other protected class under applicable law. Likewise, we will consider qualified applicants with criminal histories for employment in a manner consistent with the requirements of the Los Angeles Fair Chance Initiative for Hiring, Ordinance No. 184652. Pursuant to the San Francisco Fair Chance Ordinance, we will consider qualified applicants with arrest and conviction records for employment.

Disability Accommodation

Tory Burch is committed to providing reasonable accommodations to applicants and employees with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment. If you require assistance or an accommodation with the hiring process, please contact thetalentteam@toryburch.com .