Merchandising Intern

Position: Merchandising Internship

Duration: 8-12 Week Summer Internship

Location: New York, NY (Onsite)

Hourly Rate: $18/hour

Schedule: Mon-Fri (40 hrs.)

Reporting to: Merchandise Planner

About Us

Effy Jewelry is a family-owned brand with over 40 years of experience in designing and crafting exquisite fine jewelry. Founded by Effy Hematian, we’ve become known for our commitment to exceptional design, unparalleled craftsmanship, and superior quality. Our innovative collections are available at prestigious retailers worldwide, including over 150 boutiques in land and cruise line destinations. At Effy, we combine tradition with modern flair to create timeless pieces, using only the finest materials. We’re passionate about bringing luxury and elegance to our customers, and we’re excited to continue that legacy as we grow.

As a company, we take pride in our rich heritage while embracing innovation to stay ahead in the fine jewelry industry. Effy Jewelry is dedicated to offering exceptional service, maintaining the highest standards of quality, and delivering pieces that stand the test of time. We continuously seek new ways to elevate the jewelry experience for our customers and remain committed to our values of craftsmanship, beauty, and integrity.

Position Summary

Effy Jewelry’s 8–12-week summer 2025 internship program in Merchandising offers unique exposure to the luxury jewelry market, business strategies, and the latest trends within the industry. As part of the team, you will work directly on maximizing sales and margin for Effy Jewelry’s exclusive product lines, identifying consumer demands, and developing key assortment strategies.

Throughout your internship, you will gain insights into the various functions within Merchandising, Product Development, Marketing, and Supply Chain. This holistic experience will provide you with a comprehensive understanding of how a luxury retail business like Effy Jewelry is developed and managed.

This is an hourly-based internship program offering $18 per hour, where you’ll have the opportunity to work with a rapidly growing company at our vibrant New York City HQ office.

Key Responsibilities

Buying/Merchandising:

• Work closely with the Buying and Merchandising team to help develop and implement strategies to drive sales, inventory productivity, and profitability for Effy Jewelry collections.
• Partner with the team in creating and optimizing merchandise assortments that reflect consumer preferences for both in-store and online retail channels.
• Assist in analyzing sales performance metrics, identifying trends, and recommending strategies to optimize product assortment and pricing.
• Support the team in competitive analysis of luxury jewelry trends and pricing to ensure Effy Jewelry remains a leader in the market.
• Contribute to the development of purchase orders and track in-season receipts, resolving any shipping issues with suppliers.

Lead Performance Deep Dives:

• Lead in-depth performance analysis to guide the Merchandising team in developing store, collection, and category strategies.
• Use data-driven insights to help the team optimize the product mix, sales, and margin performance.
• Present findings in clear, visually engaging presentations for senior leadership to drive decision-making.

Special Projects & Ad Hoc Analytical Support:

• Provide additional analytical support and assist in special projects as needed.
• Collaborate with cross-functional teams to develop solutions and improvements across various merchandising functions.
• Assist with strategic planning and reporting to enhance the overall effectiveness of Effy Jewelry’s merchandising operations.
• Provide insights on product trends, competitive positioning, and customer demand to guide the team in making strategic decisions.
• Work on proposals, research, and finding solutions to challenges within the merchandising department.

Learning & Development:

• Receive professional development through hands-on learning, collaborative team projects.
• Attend weekly business meetings to review sales performance and understand strategic decisions from leadership.
• Build relationships with other interns, business leaders, and team members across various departments.
• Participate in fashion-forward competitive shopping to identify key trends and pricing strategies within the luxury jewelry industry.
• Gain exposure to product development and merchandising strategy sessions that shape Effy Jewelry’s seasonal collections.

Qualifications:

• Strong business acumen, analytical skills, and an understanding of luxury jewelry merchandising
• Ability to work under tight deadlines while functioning both independently and as part of a team
• Regular and dependable attendance & punctuality
• Pursuing a Bachelor’s degree with strong academic performance (Junior or rising Senior status)
• All majors are welcome to apply, with preference for students studying business, marketing, fashion merchandising, supply chain, finance, economics or related fields
• Excellent written and verbal communication skills, with the ability to influence and collaborate with internal teams and external partners
• Ability to interpret reports and procedure manuals and apply financial performance metrics and assortment planning
• Understanding in retail math and using analytical tools to interpret sales, inventory, and margin data
• Ability to work in a fast-paced environment, organizing and prioritizing a broad workload to meet deadlines
• Demonstrated leadership and team-building abilities
• Strong attention to detail and commitment to accuracy

Effy Jewelry is committed to diversity in its workplace and is proud to offer equal employment opportunities to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, veteran status, or any other legally protected characteristic in the location in which the candidate is applying. Effy Jewelry applicants are assessed solely on their qualifications for the role, without regard to disability or need for accommodation.