Senior Buyer - Lingerie & Intimates
Fashion Nova · Beverly Hills, CA · 3 mo ago
PurchasingFull-time
About the role
Fashion Nova is the world’s leading trend-to-market fashion and lifestyle brand with high-growth categories across its Women, Men, Kids and Beauty divisions. Founded in 2006, Fashion Nova has grown to become the Top 5 Most-Searched Fashion Brand on Google in 2022, alongside Louis Vuitton and Nike.
Key responsibilities
- Drive Assortment Strategy: Develop and execute buying strategies to curate trend-driven product assortments that align with customer preferences and seasonal trends, while achieving optimal SKU count and balancing newness vs. replenishment inventory
- Trend Forecasting: Stay ahead of fashion trends by conducting market research, keeping a pulse runway trends, and analyzing social media and competitors to ensure a competitive and forward-thinking product mix. Utilize research to work with in-house production team and suppliers to drive on-trend newness
- Cost Negotiation & Margin Optimization: Lead pricing negotiations with suppliers to secure the best cost structures while maintaining product quality, ensuring profitability, and maximizing margins in a highly competitive market
- Financial Management: Manage weekly sales performance, open-to-buy budgets, pricing, margin targets, and inventory levels, ensuring alignment with sales goals and profit margins, while optimizing the balance of newness and replenished and minimizing markdowns
- Cross-Functional Collaboration: Partner with production, replenishment, planning, and creative teams to ensure timely deliveries, fast replenishment of high-demand styles, successful promotions to maximize sales opportunities, and cohesive product launches
- Data-Driven Decisions: Utilize sales performance data, customer reviews, and market insights to continuously optimize product assortments and increase profitability
Requirements
- 7+ years of experience in Buying/Merchandising ideally within an eCommerce fashion brand - previous experience buying for lingerie/intimates categories is a must
- Strong understanding of current and emerging fashion trends, with a deep passion for the fashion industry
- Experience working with vendors and negotiating product quality, costs, and delivery dates with vendors
- Excellent prioritization, project management, organization skills, and attention to detail, in addition to strong analytical skills to support data-driven decisions
- Proficiency in Excel, PowerPoint, and Google Workspace
- Bachelor’s Degree in Fashion, Production, Design or related field, or equivalent work experience
- English, additional language(s) an advantage
Benefits
- New state-of-the-art HQ in Beverly Hills!
- Formalized career paths for continued professional growth
- Flexible Paid Time Off (PTO)
- Comprehensive health insurance across Medical, Dental and Vision
- 401k match, with immediate vesting upon eligibility
- Weekly catered lunches & fully-stock kitchen pantry!
- Opportunities to travel for trade shows and vendor meetings
- Summer Fridays Early Departure
- Team bonding events and programs
- Atractive employee discounts!
Schedule
Monday – Friday | Core business hours | Onsite in Beverly Hills