Buyer

NET-A-PORTER delivers incredible fashion for incredible women. As the world’s leading luxury retailer with the most authoritative product edit globally, the site offers the ultimate curation of fashion from the most coveted designer brands, the most exceptional assortment of fine watches and precious jewelry, and more than 200 specialist beauty brands. Its discerning edit places special emphasis on highlighting the creativity and promise of the next generation of fashion talent via the Vanguard, a program for emerging brands. Consideration for environmental and social impact increasingly shapes the product offering, and the launch of the NET SUSTAIN platform, was created to showcase brands that place sustainability at the core of their product. Uniting content and commerce to deliver an immersive and inspiring customer experience, NET-A-PORTER speaks to a global community and features a dedicated editorial vertical with PORTER, which is renowned for its award-winning content featuring a diverse range of incredible women. NET-A-PORTER champions unparalleled customer service offering express worldwide shipping to more than 170 countries including same or next-day delivery to the UK, US, Hong Kong, Germany, France, Australia and Singapore, a seamless shopping experience across all devices, luxurious packaging, easy returns and a multi-lingual customer care and personal shopping team that is available 24/7, 365 days a year. A pioneer of personal shopping and client relations services for the digital era in 2000, NET-A-PORTER continues to innovate and strengthen its offering, with virtual styling, invitation only digital exclusives, and a world class suite of specialized offers for EIPs, (Extremely Important People), the brand’s most loyal and valuable customers. NET-A-PORTER is part of YOOX NET-A-PORTER GROUP. NET-A-PORTER are now seeking a talented Buyer to join the Fine Jewelry & Watches team on a 6 month FTC. Some of the essentials for you to know are: Location: Our Westfields office in London (Hybrid) Reporting into: Senior Buyer Besides a competitive salary, we can offer you: Performance bonus schemes dependent on the type of role you are in A pension that both you and the company contribute too A portal with an array of discounts on things like theme park and cinema tickets Our famous staff discount along with exclusive staff sales Private healthcare for you and your family Flexible working A chance to be part of a fun and caring team that support each other Here’s a breakdown of what you’ll be doing: Negotiate with suppliers in a tough but fair manner to secure exclusive ranges/brands and optimize the profit margin Work with Merchandising to plan by brand, category, price and size, the seasonal OTB and ensure it is monitored closely in season and come into budget Work with the Merchandising team to establish a balanced range of merchandise suited to the customer profile of the company. Work together to make recommendations for changes and improvements to maximize sales potential and profit within the company Be proactive in understanding the competition and take action to minimize the loss of market share Determine pricing strategies for products/suppliers based on market reviews, competitor positions, supplier financials, etc. Fully understand supplier cost structure and logistics costs. Is able to identify value added opportunities for as appropriate Ensure intake business margin is maintained and proactively improved season on season Be innovative and to be open to forecast upcoming trends and ensure that fashion moves on and changes To be familiar with both local and overseas market situations and trends Source newness and to maintain a leading position in the market of products in its own category Actively create and use collaborations/exclusives to grow business overall, within a brand and use margin opportunities with these exclusives. ‘Create for a plan’ not just another exclusive to maximise success – future planning (timeline of working 12 months in advance) Ensure timely delivery of merchandise and ensure consistent quality and quantity to Monitor sell-through and deliveries of all vendors and take decisive action to deal with their performance Drive continuous range planning and execution of sales and stock target Work closely with internal stakeholders and Marketing to deliver the correct image to the end customer through the correct channels Manage the business relationship with the suppliers involved in their business category to maximize sales and profit Provide accurate knowledge and information to sales staff for them to communicate with the customers. To work with Personal Shopping – critical sales plan Train sales staff in all aspects of their merchandise including product knowledge and visual presentation in person and provide collateral Demonstrate and reinforce the Net-A-Porter Vision and Values at all times and provide the necessary leadership to gain commitment from buying team (owning, retaining, and developing your talented team and business) Identify and execute ways to increase team member’s loyalty, satisfaction and pride with the Net-A-Porter experience Reinforce the company message to the team and reinforce the need to drive profitability at Net-A-Porter through the merchandise mix and full price sell through Provide on the job coaching to ensure that the direct reports are able to meet and exceed the requirements of the role Identify and facilitate opportunities for additional training for the team Monitor and review performance of direct reports, identify individuals who are ready for promotion or require performance improvement plans Take appropriate corrective action with team members who fall below standard (in consultation with HR Department) Complete and present performance appraisals based on defined goals and objectives for their team members in a timely manner. The type of person we are looking for: Significant, demonstrable experience operating at either a Junior Buyer or Buyer level within a multiband, luxury retail environment Proven commercial experience of trading in a fast paced and reactive environment. Proven track record of creating positive impact on business through buying strategy. Proven track record of networking and negotiation skills. Good judgement and decision-making skills Confidence in suggesting calculated risks Strong analytical and IT skills Exceptional people management experience. From the moment you walk through our doors and join the YOOX NET-A-PORTER team we are committed to making your journey with us inspirational and Evolutionary. If you are passionate, committed and thrive in a collaborative and fast-paced environment, then please apply with a CV. YOOX NET-A-PORTER GROUP is an equal opportunities employer, we encourage people with a diverse range of backgrounds to apply. We recognize and celebrate the benefits that diversity brings to our workplace, our business and our customers. We welcome and will consider all applications regardless of race and nationality, religion, color, sex, pregnancy or related medical conditions, parental status, sexual orientation, gender identity, gender expression, age, status as an individual with a disability, or any other legally protected characteristics. If you require any reasonable adjustments to complete your application, please do not hesitate to advise us accordingly. Experience Level: Mid-Senior level Workplace Type: Hybrid YOOX NET-A-PORTER is a leading online luxury and fashion retail business. Made up of four multi-brand online stores, NET-A-PORTER, MR PORTER, THE OUTNET and YOOX, we connect customers to the world’s most coveted brands, bringing them outstanding style and an impeccable service. In addition, YOOX NET-A-PORTER’s Online Flagship Stores support some of the world’s leading luxury brands in powering their own e-commerce destinations. With 4.5 million customers in 180 countries, YOOX NET-A-PORTER takes a localised approach to serving its clientele around the globe through its network of offices and operations across the US, Europe, APAC and joint ventures with Alibaba in China and Symphony Investments in the Middle East. Across all its operations sits YOOX NET A PORTER’s Infinity 2030 strategy, its long-term commitment to drive a more sustainable and circular fashion system. Leveraging more than 20 years of data and insights, YOOX NET-A-PORTER continues to embrace next generation technologies including AI, augmented reality and digital ID to evolve and enhance the customer journey. YOOX NET-A-PORTER is part of Richemont. Geoffroy Lefebvre is the CEO. Follow @YNAP: Instagram/LinkedIn/Twitter/YouTube For more information visit ynap.com