Buyer

Company Description

WHO WE ARE

The first of its kind boutique fitness experience, SoulCycle revolutionized the fitness industry. Our signature 45-minute indoor cycling class is an immersive and intense mind-body-soul workout, where legendary instructors guide riders through class – helping them lose themselves in the ride, the music, the experience. Taking place in dark, candlelit studios, allowing riders to be grounded in the moment, SoulCycle rides connect our community through the experience and energy of the room.

OUR MISSION

To foster an open, diverse, & inclusive community – while embracing each unique individual exactly as they are. We empower each other by listening with an open mind, finding ways to learn and grow together, and always nurturing a sanctuary of trust. 

Job Description

SoulCycle is hiring a Buyer to support the SoulCycle business in regards to the development, merchandising, buying and inventory management of multiple product categories, helping to achieve both margin and sales goals within the department. This role sits onsite at the SoulCycle HQ 4 days per week. 

The ideal candidate will have a minimum of 5 years of experience in a buying office, be bright, energetic, detail-oriented, responsible and will perform their duties with dedication and commitment.  The responsibilities and duties of this position described here are representative of those a buyer must perform. This is not a comprehensive list and other duties may be assigned. 

ROLES AND RESPONSIBILITIES:

• Execute and initiate seasonal strategies as determined by leadership team
• Responsible for Merchandising line plan development
• Work closely with the team while building the product assortment, provide prepared ideas and point of view on editing process
• Gain a strong understanding of the SoulCycle customer: review new deliveries and sales, and communicate “learnings” back to the team
• Competitive knowledge: understand and translate trends and nuances in lifestyle/fitness trends
• Identify and research new suppliers/ factories/ markets to ensure new product needs are consistently met.  Constant monitoring and evaluation of vendor performance
• Must have strong experience in garment costing; ability to negotiate these costs and comparing costs from style-style and vendor-vendor
• Must have a strong understanding of the product develop life cycle -trims, lab dips s/o and hand feel approvals
• Expertise in time and action calendars as it pertains to production and warehouse deliveries
• Maintain buy plans to ensure accuracy, act as the point person for internal and cross functional teams
• Respond to Marketing and PR requests and inquiries
• Review historical performance at the category and key item level
• Partner with Planning on the determination of receipt plans, margin and IMU goals, and flow strategies to drive assortment execution
• Review with Planning the analysis of business by style, delivery and category to understand prior performance and develop future goals
• Manage purchase order process. Maintain accurate receipts, selling and on order spreadsheets
• Report on sales trend of business (best and slow sellers, style analysis, etc) to share with team

Qualifications

• Undergraduate degree (business or fashion related discipline a plus)
• Must have an excellent understanding of retail math, participate in open to buy forecasting process
• 5+ years of retail buying experience in apparel/vertical retail driven environment
• Existing relationships in vendor community strongly preferred.
• Must possess proficient Excel, Powerpoint, Mac skills
• Must be comfortable handling ambiguity and working in a fast paced, dynamic office environment.  
• Must be adaptable to the needs of a changing and growing business
• Must have strong communication and negotiation skills
• Ability to build / maintain strong Vendor partnerships is mandatory
• Must be extremely detail orientated
• Must have an inherent drive for results
• Must be customer focused and a strong team player
• A personal passion for fitness and/or the SoulCycle brand is strongly preferred

Pay Transparency: $80,000 - $90,000

Additional Information

This job description is intended to describe the general requirements for the position. It is not a complete statement of duties, responsibilities, or requirements. Other duties not listed here may be assigned as necessary to ensure the proper operations of the department.

SoulCycle is an equal opportunity employer. For more information regarding our career opportunities, please visit one of our studios or our website at https://www.soul-cycle.com/careers/

All your information will be kept confidential according to EEO guidelines. Must have a legal right to work in the United States. 

For additional Information visit our Career Site: https://www.soul-cycle.com/careers/