Fashion Merchandise Manager - London, United Kingdom - Centre People Appointments

Description

A well-known Japanese culture hub based in London is currently looking for full-time Senior Merchandising Manager to join their team.

The role will be 40 hours per week from Monday to Friday with the potential for hybrid working conditions.

The purpose of the role is to develop and execute a comprehensive merchandising strategy, ensuring on-brand and profitable product ranges are developed, aligned with business goals, revenue and profit targets.

*Fixed term up until end March 2029 (with strong possibility of renewal)

Fixed term until March 2029 *Possibility to extend the contract
Monday to Friday, 8 hours per day


SALARY:
£50,000 per annum, depending on experience


START:

ASAP
London, Hybrid work


Senior Merchandising Manager Key Responsibilities:
Develop and implement the merchandising strategy to optimise the product ranges in store and online to ensure revenue and profit targets are achieved
Analyse market trends, customer insight and sales data to make informed decisions on product selection, pricing, and inventory management
Develop and manage merchandising budgets, ensuring effective allocation of resources to drive sales and meet financial targets
Coordinate with suppliers and vendors to negotiate terms, pricing, and delivery schedules to maintain optimal inventory levels and put in place commercial agreements and monitor vendor performance and manage vendor contracts and agreements
Analyse product performance and advise on product presentation, display layout and visual merchandising to help maximise revenue targets and customer experience
Monitor competitor activities and market trends to stay ahead in the market and identify new opportunities for growth
Collaborate with cross-functional teams, including marketing, and retail sales, to align merchandising strategies with overall business objectives

Develop and implement inventory control strategies to maintain optimal stock levels, reduce excess inventory, and minimise out of stock
Set OTB strategy in conjunction with annual forecast targets and and ensure we have the right stock in the right place at the right time to deliver sales and satisfy customer demand
Create and manage budgets for buying and merchandising activities, tracking and reporting on financial performance
Develop and implement merchandising management reports tracking departmental performance and reporting on variances and using data to make informed decisions
Provide guidance and direction to the Merchandising & Buying Team, fostering a collaborative, innovative and performance-driven work environment based on company values
As appropriate, support company initiatives, cross-functional projects, and organisational development activities
Risk Management
~ Ensure all product fulfils all legal health and safety guidelines

Senior Merchandising Manager Ideal Candidate:
Over 5 years experience at senior level in merchandising and buying in high end retail sector
Bachelor's Degree or equivalent
Excellent financial analysis capability and planning skills
Collaborative approach to building relationships across teams and with suppliers and stakeholders
Proficiency in using merchandising software and data analysis tools
Strong analytical skills with the ability to interpret data and leverage insights to drive business growth.

All applicants for Senior Merchandising Manager must have the right to work in the UK as the Company is not able to offer visa support.