Position: Merchandiser 284 Department: Buying Reports to: Manager, Merchandising Direct Reports: No FLSA Status: Exempt Location: 3880 N Mission Los Angeles, CA 90031 Job Purpose: The Merchandiser is responsible for facilitating a financially sound assortment plan for the companys wide selection of merchandise.
The Merchandiser will maintain and disseminate designated collection of items and work to create a cohesive merchandise mix to optimize sales volume and profitability based on emerging market trends, past sales/revenue, and established assortment strategies.
Deliverables: Devise seasonal merchandise plans by monitoring weekly sales, analyzing style performances; fill assortment plans, ensuring that merchandise concepts are aligned with assortment strategies Coordinate with cross-functional partners in Production, Design, and Trend in order to make sure designs are offered, adopted and continue to monitor buy process Clearly communicate to teams key-item-buys to achieve open-to-buy goals and margins for designated items Partner with the Trend team to share seasonal concepts and to identify exploitable/emerging trends globally Participate in weekly open-to-buy meetings with Planning to ensure the achievement of financial targets, including turn and sell-through goals Review weekly sales performance numbers to identify potential re-order opportunities Conduct weekly analysis of stock-to-sales ratio by merchandise category, identifying trending and underperforming lines and best sellers to provide actionable recommendations to buyers for improving merchandise mix Perform competitor and market analysis by researching competitors price points, promotional campaigns, and emerging trends in colors, materials, and categories Assist Buyers in analyzing and selecting seasonal buys to optimize the product mix for each market and store Manage and aggregate locally sourced design development Collaborate with Production for on order merchandise updates from extensions, shortages, cancellations Knowledge, Skills, and Qualifications: Must have a Bachelors or Associates degree in Fashion, preferably Fashion Merchandising Must have at least 4-5 years of merchandising experience with a successful track record of high-volume business growth and bottom line results Must possess the ability to understand and act upon financial retail indicators such as sales, gross margin, inventory productivity, sell-through and turn Must have high fashion intelligence and a broad-based business acumen Acute fashion sense with proven ability to envision and interpret fashion trends Must possess excellent verbal and written communication skills Must have a strong desire to work in the fashion industry and demonstrate an ability to identify and foresee fashion trends Must have strong proficiency in Microsoft Excel for reporting and analysis International Experience Preferred Knowledge of the Licensing Business a value add FOREVER 21, is an American fast fashion retailer headquartered in Los Angeles, California.
Originally known as Fashion 21, the first store was founded in Los Angeles on April 16, 1984.
Forever 21 is known for its trendy offerings and low pricing.
The company offers fashion for women, men, and children, fashion accessories, shoes, beauty products, and home goods.
Forever 21 continues to be a fashion industry leader with a mission to make the latest trends accessible to all.
F21 persists on staying ahead of innovation and providing styles and fit that our customers love.
While reinventing for now and beyond, were seeking passionate and creative new family members to join us on this adventure!
F21 continues to operate E-commerce and 450 locations across the U.S.
along with maintaining a strong brand DNA with consumers and within the fashion industry.
In February 2020, Forever 21 came under new ownership made up of Simon Property Group, Brookfield Property Partners, and Authentic Brands Group.
Under this new ownership F21 has the financial strength and long term view that will prepare us for the future, while continuing to set the same high standards as it always has.
Join our team and learn the inner sanctum of the global fashion industry, while we build the new Forever 21!