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Luxury Buyer Assistant
2 months ago
Holt Renfrew is seeking a highly skilled and motivated Assistant Buyer to join our team. As an Assistant Buyer, you will play a key role in defining the luxury lifestyle shopping experience by building lasting relationships with our people, customers, and partners.
Key Responsibilities- Monitor sales and margin performance and interpret variances against budget and forecast.
- Assist in purchase order creation, tracking, and open-to-buy reporting.
- Check order confirmation from vendors for accuracy and compliance with our purchase order and/or terms of agreement.
- Conduct purchase order follow-up with vendors and resolve all related distribution issues.
- Support in the forecast preparation.
- Assist in monthly/seasonal markdown sessions.
- Monitor stock levels and initiate recommendations for repeat orders and consolidations.
- Assist in preparation for pre-market analysis.
- Participate in creation of financial plans in partnership with Buyers and Planners.
- Work with Buyer and Planner to prepare seasonal business review.
- Monitor buying office and sample inventory.
- Provide sales analysis in-season for recommended repeats, consolidations, and RTVs.
- Complete/revise store allocations for merchandise on order.
- Contribute towards establishing, maintaining, and building strong relationships with vendors and internal departments to achieve goals.
- Follow-up with stores using appropriate frequency and communication channels consolidations, repeats, and RTVs, as well as product and merchandise information.
- Initiate and coordinate with vendors and stores in-store product knowledge sessions and contests.
- Prepare seasonal store product knowledge and road tour information; manage with the Buyer.
- Track line budget performance and activity including plans and actuals.
- Coordinate all required activities for trunk shows, special events, and personal appearances with the buyer and vendor.
- Responsible for all sample inventory from ordering, to return of merchandise.
- Prepare presentations, media kits, event materials, etc.
- Complies with all Health & Safety policies and requirements.
- Ensure compliance with privacy policies, regulations, and cyber security measures.
- Perform other duties, as assigned.
- Post-secondary degree in a related field or equivalent work experience.
- 1-2 years of post-university work experience.
- Sound knowledge of purchasing principles and practices/Retail Math.
- Previous experience in analysis an asset including use of system-based tools.
- Demonstrated leadership and influencing skills with the ability to get things done.
- Excellent interpersonal skills; a team player who is able to act as both a leader and an individual contributor as required.
- Confident and effective communication (written & verbal) and interpersonal skills.
- Is adaptable and comfortable with ambiguity and change.
- Highly service-oriented with exceptional organizational and follow-up skills.
- Passionate about fashion and luxury retailing.
- Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
