Luxury Retail Buyer

6 days ago

Toronto, Ontario, Canada Holt Renfrew Full time

Holt Renfrew is seeking a highly skilled and motivated Assistant Buyer to join our team. As a key member of our buying team, you will play a critical role in defining the luxury lifestyle shopping experience through building lasting relationships with our people, customers, and partners.

Key Responsibilities:

  • Monitor sales and margin performance, interpreting variances against budget and forecast.
  • Assist in purchase order creation, tracking, and open-to-buy reporting.
  • Verify order confirmations from vendors for accuracy and compliance with our purchase order and/or terms of agreement.
  • Conduct purchase order follow-up with vendors and resolve related distribution issues.
  • Support forecast preparation and participate in monthly/seasonal markdown sessions.
  • Monitor stock levels and recommend repeat orders and consolidations.
  • Assist in preparing for pre-market analysis and contribute to the creation of financial plans in partnership with Buyers and Planners.
  • Work with the Buyer and Planner to prepare seasonal business reviews and monitor buying office and sample inventory.
  • Provide sales analysis in-season for recommended repeats, consolidations, and RTVs.
  • Complete and revise store allocations for merchandise on order.
  • Contribute to establishing, maintaining, and building strong relationships with vendors and internal departments to achieve goals.
  • Follow up with stores using appropriate frequency and communication channels for 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, managing 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.
  • Be responsible for all sample inventory from ordering to return of merchandise.
  • Prepare presentations, media kits, event materials, etc.
  • Comply with all Health & Safety policies and requirements.
  • Ensure compliance with privacy policies, regulations, and cyber security measures.

Requirements:

  • 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.
  • 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).

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