Global Merchant, Team Canada Olympics
9 months ago
who we are
lululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. Setting the bar in technical fabrics and functional design, we create transformational products and experiences that support people in moving, growing, connecting, and being well. We owe our success to our innovative product, emphasis on stores, commitment to our people, and the incredible connections we make in every community we're in. As a company, we focus on creating positive change to build a healthier, thriving future. In particular, that includes creating an equitable, inclusive and growth-focused environment for our people.
about this team
The Merchandising team creates and executes transformative global product strategies that ensure we have the right assortment in the right place at the right time to fulfill our guests’ unmet needs to deepen our guest relationships, grow our brand and deliver on our long-term enterprise goals. We possess deep awareness and intuition of global marketplace dynamics and guest needs and use this knowledge to identify opportunities to maximize guest demand.
a day in the life
The Global Merchant is responsible for creating, curating and bringing product strategies and global product assortment to life through seasonal line plans based on guest insights that reflect global and regional market needs. The Global Merchant has a deep understanding of the Global lululemon consumer and is consumer obsessed. This person is a strategist who can partner with the Design and Product teams to ensure commercial viability across the global line delivered at Global Line Review to drive seasonal buying, brand and marketing activities. The Global Merchant collaborates with partners across the business to ensure product needs associated with critical enterprise priorities are identified, planned for and executed against and ensure brand consistency and regional relevance to maximize profitability and sales across product classes, key items and channels.
key responsibilities
- Leads the successful creation, execution and maintenance of a line plan for assigned product categories that contribute to the financial success of the company
- Deliver profitable assortments driving IMU and cost goals needed to meet and exceed targets
- Develops Global pricing product architecture
- Owns the pre-season planning process, breaking down roadmap stories into seasonal line plan and ensuring regional territory category needs are integrated, through ongoing partnerships with Regional teams
- Ensure briefs are met throughout product creation process, from line plan through to regional handover
- Brief colour flow for global assortment to ensure clear consistent profitable storytelling
- Proactively gathers, analyzes and drives insight from the competitive landscape, global/regional teams and cross functional partners across all channels for pre-season planning and hindsights
- Manage and create key franchises and product lifecycle for all styles in assigned product categories including introduction, build and retirement
- Provides leadership and functional excellence for their respective activity/category merchandising and design partners to meet key Merchandising Go-To-Market deadlines
- Communicate category assortment to all stakeholders to drive consistent Merchandising messages globally
- Bring global storytelling to life in partnership with Brand and Marketing teams
- Builds the architecture of the assortment in collaboration with Design and Product Development team
- Review, validate and sign-off on sketches and protos against line plan brief ensuring all global guest needs are met and accountable for adoption ratio
- Partners with Demand Planning and Sourcing teams to provide units and style volumes for global forecasting and vendor allocation
- Be the voice of the guest and provide considered and clear feedback during fittings
- Create and present global product visual flow and communicate seasonal assortment strategies quarterly to all regional partners.
- Responsible for briefing content for packaging, product naming and features and benefits
- Accountable for data integrity of the product
- Responsible for global assortment handover to Regional Teams
qualifications
- BA, BSc, BBA, BComm (or equivalent), specialization in Retail or Merchandising Management an asset
- Minimum five years of Merchandising or Buying experience is required. Vertical retail and/or omni channel experience is preferred
- Proficient in Microsoft Office Program and mastery in excel, preferred experience in Merchandising software and in Adobe Illustrator
- Strong analytical skills with the ability to interpret multiple data points across numerous channels and market segments
- Financial acumen and understanding of Retail Math
- Ability to balance analytical and creative tasks
- Acute eye for product and colour trends
- Aware of macro lifestyle and fashion trends and how this relates to the activ
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