VP of Merchandise Strategy

3 weeks ago

Vernon, British Columbia, Canada Fashion Nova Full time

ROLE OVERVIEW

The Vice President of Merchandise Strategy will set the overall strategy and product direction for the Denim category. This individual will develop and implement buying and selling strategies to maximize the company's performance and profitability. They will determine the product lines and merchandise to be sold in the category online and in-stores.

Working closely with multiple departments across the organization, the Vice President of Merchandise Strategy will influence product marketing strategies, create market penetration strategies for the overall category, and manage the overall relationship with the company's network of vendors. This role is essential to ensuring customers have a premium selection of apparel across the Denim category.

To be successful in this role, the individual must be able to keep pace in a highly fluid, ever-changing, collaborative workplace. They must also have excellent communication skills to engage the attention of the experienced leadership team and influence complex issues with a high level of technical acumen.

RESPONSIBILITIES

  • Develop seasonal assortments covering all channel needs
  • Develop seasonal merchandising initiatives and strategies to drive growth and brand positioning
  • Manage all key milestones for Denim, from adoption meetings to assortment plan and line finalization
  • Provide market and trend research to leadership on product trends and opportunities
  • Manage and execute key metrics including:
    • Margin
    • Delivery
    • Assortment plan
    • SKU plan
    • Fabric
  • Oversee assortment SKU plans and final product selection for the division, ensuring costing goals are met while maximizing brand positioning
  • Work closely with eCommerce and Creative teams to strategize initiatives and marketing campaigns
  • Ensure the department is organized and staffed to meet the objectives of the division
  • Manage career paths, development, and succession plans of the team

ROLE REQUIREMENTS

  • Fifteen plus years of experience across Buying/Merchandising
  • Seven plus years of experience overseeing both the creative and financial aspects of merchandising
  • Five plus years of experience leading, coaching, and mentoring teams
  • Experience in product development, trend forecasting, and a deep knowledge of product design, fabrics, and colors
  • Strong background in concept research
  • Knowledgeable about fabrics: drape, appropriate use, quality
  • Strong understanding of garment construction
  • Must have experience with fittings
  • Experience working with domestic and overseas factories/suppliers is beneficial
  • Appetite for design influences
  • Strong eye for both elevated design and ability to judge overall assortment balance
  • Demonstrate strong ownership of one's own categories
  • Commercial acumen and desire to read and understand sales reports
  • Customer-focused and data-driven
  • Strong communication skills and the ability to communicate confidently at all levels
  • Ability to work under pressure and with strong personalities
  • Awareness of the financial performance of the business and be motivated to grow it
  • Good teamwork and interpersonal skills
  • Be customer-focused and interested in reacting and chasing to what is selling well
  • BFA/BA in Fashion Merchandising, Business, or related field, or equivalent work experience
  • English, additional language(s) an advantage

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