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Sr. Buyer

2 months ago

Los Angeles, United States Forever 21 Full time

**Forever 21,** is an American fast fashion retailer headquartered in Los Angeles, California. Originally known as Fashion 21, the first store was founded in Los Angeles on April 16, 1984. Forever 21 is known for it's trendy offerings and low pricing. The company offers fashion for women, men, and children, fashion accessories, shoes, beauty products, and home goods. Forever 21 continues to be a fashion industry leader with a mission to make the latest trends accessible to all. F21 persists on staying ahead of innovation and providing styles and fit that our customers love. While reinventing for now and beyond, we're seeking passionate and creative new family members to join us on this adventure F21 continues to operate E-Commerce and 450 locations across the U.S. along with maintaining a strong brand DNA with consumers and within the fashion industry. In February 2020, Forever 21 came under new ownership made up of Simon Property Group, Brookfield Property Partners, and Authentic Brands Group. Under this new ownership F21 has the financial strength and long term view that will prepare us for the future, while continuing to set the same high standards as it always has. Join our team and learn the inner sanctum of the global fashion industry, while we build the new **Forever 21** Please note that when you apply for a job with Forever 21, we collect your name, address, phone number, email address, previous work experience, references and other personal information about your background and experience. Forever 21 values your trust and is committed to the responsible use and protection of personal information. California applicants should refer to our notice in accordance with California Civil Code Sec. 1978.100(b) located . + + **** **Job Details** **Sr. Buyer (Knits Tops/ Woven Tops) - (37971)** This details all the information about the job posting.

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**** Job Title

Sr. Buyer (Knits Tops/ Woven Tops)

Location

LOS ANGELES, CA US 90031 - Los Angeles, CA 90031 US (Primary) Group (Job Type)

HQ-Corporate

Career Level

Manager

Education

Bachelor's Degree

Category

Buying & Merchandising

Job Description

**Position**: Sr. Buyer **Department**: Buying **Reports to**: Buying Manager or DMM **Direct Reports**: Yes **FLSA Status**: Exempt **Location**: 3880 N Mission Los Angeles, CA 90031 With new owners and strong leadership, Forever 21 is evolving into what can only be described as a well known retail turnaround Now owned by SPARC Simon Property Group, and Authentic Brands Group, and led by CEO Daniel Kulle, 2020 was a year of reconstructing the foundation of this popular fashion brand to deliver amazing products that our customers expect to be trendy, relevant and value to them. We're implementing new strategic priorities across the company, determined to make Forever 21 a place where top technologists, creatives, and merchandizers will come to make their mark on the future of fast fashion retail with an enhanced commitment to sustainability and community engagement. We welcome anyone to apply who has big ideas and is willing to roll up their sleeves to make those ideas a reality. There are no "ivory tower" roles at Forever 21. From the C-Suite to the Brand Associates, we're making our transformation happen together. If youre obsessed to serve our customer, if you elevate any team you work on, and if you are passionate about fashion, we want to hear from you **Job Purpose**: Under the general direction of the Buying Manager or DMM, the Senior Buyer will be responsible for developing, executing, and communicating a financially sound product strategy for procuring merchandise assortments that will be representative of the brand. The Sr. Buyer will work to create the appropriate merchandise mix based on emerging market trends, along with meeting the assortment strategies established by management. **Deliverables**: * Create and execute a merchandise assortment plan that supports the financial, merchandising, and marketing objectives set by senior management * Participate in weekly open-to-buy meetings with Planning & Allocation and provide technical feedback and analysis to ensure the department achieves financial targets for turn and sell-through goals * Create a financially sound product strategy for creating an assortment that targets a wide consumer range * Negotiate product quality, purchase quantity, landed cost, and delivery with vendors * Procure samples from vendors and in-house designers for style out reviews * Partner with the Planning department to create Stock-Keeping Unit (SKU) plans that adhere to the companys financial * strategies in order to have an efficient assortment plan * Determine and maintain the Initial Mark-up per category ensuring that the assortments comply with mark-up and retail cost matrix goals established by Management * Coordinate with cross-functional partners such as Production, Design, and Trend &Print in order to make sure designs are adoptable, costs are measured, and concepts are clearly defined * Train, develop, and mentor the Assistant Buyer, Associate Buyer and /or Buyer to ensure that financial and product goals are met. Job Requirements

**Knowledge, Skills, and Qualifications**: * Must have a BFA or related degree * Must have at least 5-7 years of buying experience in a specialty retail environment * Proven track record of success as an Apparel or Non Apparel buyer * Must possess the ability to understand and act upon financial retail indicators such as sales, gross margin, inventory productivity, sell-through and turn * Must be able to effectively communicate with Management and subordinates * Must exhibit strong leadership and management capabilities * Proficiency in Microsoft Word, Excel and PowerPoint required **?What we Expect** **Customer Obsession:** you know who *your* customer is and working in service to them is working in service to our end consumer. **Commitment to Top Talent:** you are passionate about working with the best possible people. You know how to attract them, develop them, and teach others to do the same. **Retail is Detail:** the details tell the real story You are obsessed with quality product, quality experience, quality regardless of the segment of the company that your role occupies. Even if you find some details challenging, you know who to ask for backup because what is most important is that your customer has the most excellent experience possible. **Entrepreneurial Spirit:** your work is not just your job, its your passion. You have *and act on* ideas about how to make your role, your department, and the company a better place. You know why you want to be part of building Forever 21s future, are a highly collaborative and resourceful individual who can function at a high level, and are committed to collaborating every day. *Forever 21 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.*

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