Senior Buyer, NET-A-PORTER- Fine Jewellery & Watches

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Full time
Location: London
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Job offered by: YOOX NET-A-PORTER GROUP
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NET-A-PORTER delivers incredible fashion for incredible women. As the world’s leading luxury retailer with the most authoritative product edit globally, the site offers the ultimate curation of fashion from the most coveted designer brands, the most exceptional assortment of fine watches and precious jewelry, and more than 200 specialist beauty brands. Its discerning edit places special emphasis on highlighting the creativity and promise of the next generation of fashion talent via the Vanguard, a program for emerging brands. Consideration for environmental and social impact increasingly shapes the product offering, and the launch of the NET SUSTAIN platform was created to showcase brands that place sustainability at the core of their product. NET-A-PORTER champions unparalleled customer service offering express worldwide shipping to more than 170 countries including same or next-day delivery to the UK, US, Hong Kong, Germany, France, Australia and Singapore, a seamless shopping experience across all devices, luxurious packaging, easy returns and a multi-lingual customer care and personal shopping team that is available 24/7, 365 days a year. A pioneer of personal shopping and client relations services for the digital era in 2000, NET-A-PORTER continues to innovate and strengthen its offering. NET-A-PORTER is now seeking a talented

Senior Buyer

to join the team. Some of the essentials for you to know are: Location:

Our Westfield office in London Reporting into:

Head of Concessions & Hard Luxury Buying & Merchandising Besides a competitive salary, we can offer you: Performance bonus schemes dependent on the type of role you are in A pension that both you and the company contribute to A portal with an array of discounts on things like theme park and cinema tickets Our famous staff discount along with exclusive staff sales Private healthcare for you and your family Flexible working A chance to be part of a fun and caring team that supports each other Here’s a breakdown of what you’ll be doing: Negotiate with suppliers in a tough but fair manner to secure exclusive ranges/brands and optimize the profit margin Work with Merchandising to plan by brand, category, price and size, the seasonal OTB and ensure it is monitored closely in season and comes into budget Work with the Merchandising team to establish a balanced range of merchandise suited to the customer profile of the company. Be proactive in understanding the competition and take action to minimize the loss of market share Determine pricing strategies for products/suppliers based on market reviews, competitor positions, supplier financials, etc. Fully understand supplier cost structure and logistics costs. Ensure intake business margin is maintained and proactively improved season on season Be innovative and open to forecast upcoming trends Familiarize with both local and overseas market situations and trends Source newness and maintain a leading position in the market of products in its own category Actively create and use collaborations/exclusives to grow business overall Ensure timely delivery of merchandise and ensure consistent quality and quantity Monitor sell-through and deliveries of all vendors and take decisive action to deal with their performance Drive continuous range planning and execution of sales and stock targets Work closely with internal stakeholders and Marketing to deliver the correct image to the end customer Manage the business relationship with the suppliers involved in their business category Provide accurate knowledge and information to sales staff Train sales staff in all aspects of their merchandise Demonstrate and reinforce the NET-A-PORTER Vision and Values Identify and execute ways to increase team member’s loyalty, satisfaction and pride Reinforce the company message to the team and drive profitability Provide on-the-job coaching to ensure that the direct reports are able to meet and exceed the requirements of the role Identify and facilitate opportunities for additional training for the team Monitor and review performance of direct reports Take appropriate corrective action with team members who fall below standard Complete and present performance appraisals based on defined goals and objectives The type of person we are looking for: Significant, demonstrable experience operating at Buyer level within a multibrand, luxury retail environment Good understanding of the Fine Jewellery and Watches industry Proven commercial experience of trading in a fast-paced and reactive environment. Proven track record of creating positive impact on business through buying strategy. Proven track record of networking and negotiation skills. Good judgement and decision-making skills Confidence in suggesting calculated risks Strong analytical and IT skills Exceptional people management experience From the moment you join the YOOX NET-A-PORTER GROUP we are committed to making your journey with us inspirational and evolutionary. If you are passionate, committed and thrive in a collaborative and fast-paced environment, then please apply with a CV. YOOX NET-A-PORTER GROUP is an equal opportunities employer, we encourage people with a diverse range of backgrounds to apply.

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