Planner, RFNA
Tory Burch is an American luxury lifestyle brand founded in 2004, anchored in the casual elegance of American sportswear. The collections include ready-to-wear, handbags, footwear, accessories, jewelry, home, and beauty. Empowering women is the company’s guiding principle, expressed through the collections, company culture, and the work of the Tory Burch Foundation, which provides women entrepreneurs in the United States with access to capital, education, and community.
About the Role
The Planner, Retail Planning is responsible for analyzing and forecasting the business for the North America Retail channel through strategic merchandise planning, controlled inventory management, and actionable reporting and insights. This individual maintains the monthly divisional OTB for select categories and speaks to both pre-season and in-season plans. The role requires excellent retail math and analytical skills, established planning experience, creative problem solving, and the ability to thrive in a fast-paced, collaborative environment.
Responsibilities
Merchandise Financial Planning and Inventory Management- Maintain monthly and yearly OTB, including reforecasting sales, margin, receipts, and inventory
- Review plans and forecasts, identify risks and opportunities, and drive action plans
- Communicate the state of the business in weekly meetings and monthly OTB meetings
- Recommend strategic actions to maximize sales & margin, optimize inventory, and mitigate risk
- Ensure that on-order and committed receipts are delivering on time to support forecasts
- Recommend “chasing” or “reflowing” receipts as appropriate
- Pre-Season: Create annualized financial plans for select category/categories (including sales, gross margin, receipt, and inventory targets) that ladder up to the merchandise financial plan; manage Buy Tools and the completion of the buys in collaboration with the buying team; ensure Key Item plans are factored into the assortment; work with the buying team to ensure final assortment supports sales based on hindsights and that inventory buys are appropriate to deliver sales and sell-through targets, including during key ecommerce event periods
- In-Season: Review and manage Key Item planners weekly; communicate demand requirements to corporate merch planning and production based on buy calendar; report on Key Item performance/trends in weekly business meetings; collaborate with buying to understand stock needs in fashion best sellers and key marketing messages
- Prepare for key promotional and seasonal periods by ensuring sufficient stock levels overall and in expected best sellers
- Analyze event performance to Forecast/LY and communicate results
- Review pricing and MD analysis in conjunction with Buying; support price change and decisions on promotional strategies
- Analyze sales and inventory reports and develop strategies to achieve Plan
- Complete specific analysis to support buy process (e.g., size-level analysis)
Qualifications
- Bachelor’s Degree
- Proficient in Microsoft Office, including Excel and PowerPoint
- 4+ years of experience working in a planning or finance related field
- Experience with planning and business reporting applications a plus
- Prior experience in ecommerce highly desired
- Excellent communication skills
- Strong analytical skills paired with strategic business acumen
- Detail-oriented, results-driven, highly motivated, and entrepreneurial
- Strong organizational skills
Benefits
- Generous benefits to support mental and physical health, financial security, and overall wellness
- Generous employee discount and access to exclusive sample sales
- Free executive coaching on-demand for professional growth
- Paid volunteer days and opportunities to give back through the Tory Burch Foundation
- Competitive pay and rewards for high performance
- Welcoming, inclusive culture where everyone is empowered to make a difference
Compensation
The compensation range for this position is $105,000 – $135,000 USD annually. The offer will be based on relevant experience and work location.
Culture & Values
Tory Burch operates by a set of core values that guide how the team works together:
- Adaptable – We change before we have to
- Entrepreneurial – We own it
- Collaborative – There’s no “I” in Tory
- Client & Brand Focused – We put ourselves in Tory’s shoes
- Live the Values – We show up for each other
- Functional Expertise – We’re constantly learning and growing
The team shows up with honesty & kindness, acts with integrity & compassion, works with passion & humility, and leads with excellence & humor.