Senior Buyer

4 days ago

Beverly Hills, California, United States Fashion Nova Full time
Senior Buyer Role Overview

As a Senior Buyer at Fashion Nova, you will play a crucial role in creating the perfect merchandise mix based on emerging trends and managing assortment strategies established by your team leaders. Your responsibilities will include managing your category product assortment and delivering on financial targets.

Key Responsibilities:
  • Drive Assortment Strategy: Develop and execute buying strategies to curate trend-driven product assortments that align with customer preferences and seasonal trends, while achieving optimal SKU count and balancing newness vs. replenishment inventory.
  • Trend Forecasting: Stay ahead of fashion trends by conducting market research, keeping a pulse on runway trends, and analyzing social media and competitors to ensure a competitive and forward-thinking product mix.
  • Cost Negotiation & Margin Optimization: Lead pricing negotiations with suppliers to secure the best cost structures while maintaining product quality, ensuring profitability, and maximizing margins in a highly competitive market.
  • Financial Management: Manage weekly sales performance, open-to-buy budgets, pricing, margin targets, and inventory levels, ensuring alignment with sales goals and profit margins.
  • Cross-Functional Collaboration: Partner with production, replenishment, planning, and creative teams to ensure timely deliveries, fast replenishment of high-demand styles, successful promotions to maximize sales opportunities, and cohesive product launches.
  • Data-Driven Decisions: Utilize sales performance data, customer reviews, and market insights to continuously optimize product assortments and increase profitability.
Requirements:
  • 7+ years of experience in Buying for apparel, ideally within an eCommerce fashion brand.
  • Strong understanding of current and emerging fashion trends, with a deep passion for the fashion industry.
  • Experience working with vendors and negotiating product quality, costs, and delivery dates with vendors.
  • Excellent prioritization, project management, organization skills, and attention to detail, in addition to strong analytical skills to support data-driven decisions.
  • Proficiency in Excel, PowerPoint, and Google Workspace.
  • Bachelor's Degree in Fashion, Production, Design or related field, or equivalent work experience.
  • English, additional language(s) an advantage.

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