What You'll Be Doing
At Chalhoub we bring brands to life. Our buyers are responsible for managing OTB (open to buy) deployed and product selection, ensuring point of sales are filled commercially and the brand image is well executed. These key points are reflected from pre-buying stage to the post buying stage and are monitored throughout the season.
- Demonstrate creative drive & talent in planning, selecting & buying product.
- Utilise knowledge & expertise to bring in innovative new merchandise, new concepts & potentially exclusive product to attract new customers & grow sales.
- Influence & challenge OTB creation, managing how to spend OTB.
- Analyze & interpret sales figures to make good business decisions.
- Take responsibility for gross margin, stock turn & sell thru.
- Actively participate in buys, product selection, & quantifying orders.
- Manage the sale markdown strategy & stock liquidation.
- Present the buys to management & store team.
- Work closely with marketing, vm & store teams, supply chain & e-commerce
- Demonstrate awareness of trends, global market trends & competitors.
- Own supplier relationship & communication
- Actively negotiate with suppliers on stock swaps, RTVs, markdown contribution.
What You'll Need To Succeed
- Experience in a Buying role ideally within a multi-brand luxury business
- Strong fashion sense and knowledge of trends, new upcoming brands, etc...
- Online and offline experience
- Strong analytical skills
- Ability to build solid relationships with brands
- Dynamic personality and a sense of Entrepreneurs