Luxury Resale Buyer

6 days ago

Toronto, Canada Mine & Yours Full time

**About Us**

Mine & Yours is a premier luxury and designer retail boutique. We are a growing leader in the buying and selling of authentic pre-owned luxury goods. We serve our loyal customers and luxury suppliers in-store and online with a worldwide clientele. Our vision is to build a fashion community that values luxury, quality and sustainability.

**Our core values are**:

- Passion for Product
- Connect and Uplift
- The Store is our stage
- Hustle together
- Sustainably Conscious

**About the Role**

As the Buyer, you will collaborate with partners across the business to ensure product needs are identified, planned for, and executed. You will ensure brand consistency and market relevance to maximize profitability and sales across product classes, key items, and channels/locations. You will be responsible for delivering product insights to the Management team to inform product selling strategies, inclusive of financial goals, metrics, local product, cultural and client insights. You will work closely with cross-functional partners throughout the product lifecycle for inventory planning, in-season execution, and management of all product categories.

**A Typical Day**
- Share product insights (customer, products, market trends) with the Management team, informing product strategies and channel/market/location needs
- Develop merchandising strategies for the season (department and class) for the business
- In collaboration with Buying and Inventory, create and manage pricing product architecture
- Create product assortment needs that reflect brand consistency and market relevance, maximizing profitability and sales across product class, key items, and channels
- Interact with in store suppliers and pricing items
- Find wholesale partnerships and manage wholesale buys and relationships
- Validate buy accuracy, resolving breadth vs depth issues between Buying and Inventory
- Throughout each buy cycle partner with Visual Merchandising, Digital and Store Planning to inform and execute initiatives and retail merchandising strategies
- Support in OTB conversations and align with Planning and FP&A on targets
- Review business each week/month/season, delivering recaps and actions based on insights and inventory composition, including exit and/or markdown strategies
- Other Departmental Projects as directed

**What You’ll Bring**
- BA, BSc, BBA, BComm (or equivalent), specialization in Retail or Merchandising Management an asset
- A minimum of 3+ years of Merchandising or Buying experience is required. Second hand (luxury fashion) retail is preferred
- Proficient in Microsoft Office Program and mastery of excel
- Strong analytical skills with the ability to interpret multiple data points across numerous channels and market segments
- Strong knowledge of retail mathematics, including elements of markup, margin, planning, open to buy, and investor productivity
- Strong understanding of season-to-season business performance and ability to drive business based on key financial indicators in order to maximize business opportunities
- An acute eye for products and trends
- Ability to work independently to make sound business decisions; and multitask, pivot, prioritize competing tasks, and operate in a fast-paced environment
- Have a natural ability to think outside the box in problem-solving
- A quick learner, and strives in a fast-paced, entrepreneurial environment where things can change quickly and requires multiple hats to be worn at any given time
- Have a collaborative spirit, wants to work with people rather than through them, and is willing to roll up sleeves to get the job done if need be

**What’s In it For you**
- Competitive pay, health benefits and vacation
- Store discount & monthly clothing allowance
- A great company culture where creativity and ideas are celebrated
- The opportunity to help grow a sustainable, ethical business

**We Welcome All to Apply**

At Mine and Yours, diversity, equity, and inclusion are very important to who we are. We are committed to these values as we know that they’re integral to our business, our people and the world. They are central to our **mission** and to our impact. We welcome all to apply

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