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Production & Merchandise Manager
Hot 8 Yoga Beverly, CA
$124k-161k (estimate)
Full Time 3 Months Ago
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Hot 8 Yoga is Hiring a Production & Merchandise Manager Near Beverly, CA

Shop Hot 8 Production & Merchandise Manager

The mission of the Shop Hot 8 Production & Merchandise Manager is to curate and develop successful retail assortments for all of Hot 8 Yoga’s studios in line with customer demographic, seasonality, and the brand. Reporting to our Director of Marketing, the Shop Hot 8 Production & Merchandise Manager will oversee Retail Merchandise Strategy for the business. This position will serve as the strategic business driver for the collection development and retail strategy, ensuring product and presentation enhances Hot 8 Yoga’s mission of being the most luxurious Hot Yoga studio in the world.

  • Create and communicate seasonal line plans in support of company objectives
  • Oversee design, development and production of Hot 8 Yoga branded assortments and buys for each Studio location, maintaining revenue and margin budgets
  • Ensure that product assortment takes into consideration lead times, fabric/materials, trend, customer demographic, market, seasonality, brand, and marketing initiatives.
  • Ensure product ranges are aligned to studio capacity / sales plans; manage OTB
  • Develop wholesale strategy that will strengthen and enhance Hot 8 Yoga’s branded collection; own buying, merchandising, inventory management for all wholesale product
  • Ensure streamlined inventory flow into studios in line with launches and marketing initiatives.
  • Continuously monitor/manage inventory; allocations; reallocations; rebuys; markdowns, etc
  • Create and communicate pricing strategies that align with brand positioning
  • Ensure all studios have the right stock, at the right time, and with the right quantities.
  • Partner with the marketing team on design and development of brand swag, challenge prizes, event/activation giveaways, collaborations and other retail marketing initiatives.
  • Oversee all retail reporting and analysis - sales forecasts, sales performance (across studio, region, and category) sell through analysis, markdowns, trends/best sellers etc.
  • Identify risks and opportunities for reacting to current business
  • Assist in the development of sales plans and forecasts: monthly, seasonal, annual
  • Work closely with studio teams to get insights into the consumers and shopping behavior.
  • Educate studio staff on all of the product and develop resources to share product information with studio teams
  • Maintain and demonstrate expert knowledge of customer base through strong field relationships, frequently visiting studios and reaching out for direct consumer feedback
  • Maintain and demonstrate constant understanding of the competitive environment
  • Own all administrative and operational needs of the retail division; implement processes
  • Build and develop a team to support in the growth of the retail division
  • Long Term: ECommerce Store Development and Operations (Buying, production, inventory management, fulfillment/warehousing, etc)

About You

  • 4 years experience with design, product development, production, buying, merchandising
  • Strong leadership skills: excellent communicator and decision maker; trustworthy; inspires and empowers the team; resilient; ability to develop and grow a team
  • Self-motivated with an entrepreneurial spirit.
  • Manage multiple deadlines at once, collaborating with and supporting a variety of stakeholders throughout the organization.
  • Proactive: demonstrates initiative, effective time management, and provides complete follow-through on all areas of responsibility
  • Adaptable: able to remain flexible to change within the work environment and scope of responsibility, quickly learns new systems
  • Problem Solver: proactive, strong attention to detail and capable of streamlining and improving processes and troubleshooting
  • Inclusive: builds trust and collaborates with a wide range of cross-functional partners
  • Instinct and passion for great product (taste level), strong product point of view.
  • Strong excel, analytical and financial skills/acumen; uses data to organize thoughts and inform decision making with a strong attention to detail and accuracy
  • Activewear / Athleisure experience and deep knowledge of current activewear trends a plus
  • Salary Range: $80,000-90,000 annual benefits

Job Summary

JOB TYPE

Full Time

SALARY

$124k-161k (estimate)

POST DATE

06/16/2024

EXPIRATION DATE

12/11/2024

WEBSITE

hot8yoga.com

HEADQUARTERS

Santa Monica, CA

SIZE

100 - 200

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