Buyer - Skincare
FOREVER 21 has seen some remarkable accomplishments over the past 30 years.
With a goal to become an $8 billion company by 2017 and open 600 stores in the next three years, it’ll be exciting to see the company achieve in three years what it initially took 30 years to do.
Position: Buyer- Skincare
Reports to: Sr. Buyer
Direct Reports: No
FLSA Status: Exempt
Location: 3880 N Mission Los Angeles, CA 90031
Riley Rose is seeking an innovative, energetic, and passionate team player to add to our dynamic Branded team.
This 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.
- 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 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 company’s 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
- BA or BFA Preferred
- Must have at least 3-5-years of high volume make up and skincare buying experience
- 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