Buyer, Women's Designer Lifestyle
Salary Range: $116,000 - $148,000*
About the Company
Saks Global is the largest multi-brand luxury retailer in the world, comprising Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman and Saks OFF 5TH. Powered by talented colleagues, we are redefining luxury shopping by offering each customer a personalized experience across our store network and e-commerce platforms. Through strong partnerships with the world’s most esteemed brands, cutting-edge technology, and the industry’s most comprehensive luxury customer data, Saks Global is shaping the future of retail.
Responsibilities
- Assortment Strategy
- Provide input on category and pre-season planning strategy in collaboration with Planners based on past performance and knowledge of trends/brand insights, and execute on the strategy throughout the season.
- Build customer-centered assortment framework and allocation strategy based on customer and trend insights from Stores, Digital, CACI, and Fashion; provide guidelines for allocation teams to follow.
- Set strategies for product display and flow (e.g., launch dates, weeks of full-price selling, cross-sell opportunities, collection considerations) in alignment with guardrails from Planning and Marketing.
- Market Activities
- Lead market prep activities and attend market to select the best product in alignment with guardrails from Planning (e.g., Checkbook, OTB) and category direction from BP & Buying Leads (e.g., omni strategy, banner differentiation).
- Coordinate buys with brand partners, collaborate on exclusive merchandise, manage day-to-day communication around in-season brand performance, trending styles, chase opportunities, and resolve escalated order management issues.
- In-Season Management
- Review daily performance reports and work closely with Planner counterparts to gather insights on trending products, categories, and brands; pull in-season levers to optimize performance and prepare for monthly OTB meetings to provide bottoms-up context and escalate opportunities and risks to Leads.
- Serve as the owner of their business, constantly negotiating with Brand Partners throughout the season to improve performance (e.g., style swaps, capsules, RTVs, matrix expansion, markdowns).
- Leadership Development
- Provide mentorship and hands-on training to Associate Buyers, Assistant Buyers, and Coordinators, equipping them with the business acumen and practical skills needed to become successful future Buyers.
Requirements
- Bachelor’s degree or equivalent retail experience.
- 5+ years of experience in a buying office with a strong understanding of buying operations and retail strategy.
- Proven business acumen with strong financial, analytical, and strategic planning skills.
- Expertise in retail math, including markup, margin planning, OTB, WOS, T/O, GMROI, and assortment planning.
- Demonstrated leadership and team management capabilities in fast-paced, dynamic environments.
- Excellent communication, negotiation, and interpersonal skills with the ability to build strong internal and vendor relationships.
- Strong customer focus with a results-driven mindset and ability to manage ambiguity.
- Highly organized with strong planning, prioritization, and conflict management skills.
- Strategic thinker with the agility to adapt to changing business needs.
- Willingness to travel, including internationally, as needed.
Benefits
- Comprehensive benefits package for all eligible full-time employees, including:
- Medical, vision, and dental insurance
- 401(k) retirement plan
- Basic life insurance and supplemental life insurance
- Disability insurance
- A variety of additional voluntary benefits (e.g., critical illness, hospital, and accident insurance)
- Opportunity to work in a dynamic, fast-paced environment at a company experiencing growth and transformation.
- Exposure to rewarding career advancement opportunities across the largest multi-brand luxury retailer, from retail to distribution, digital, or corporate.
- An amazing employee discount.
Compensation for this role varies by geographic location. The listed range reflects multiple markets, including higher-cost areas. Actual starting pay will be determined based on work location, experience, and other job-related factors.