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Senior Manager, Buying

AT Tory Burch
Tory Burch

Senior Manager, Buying

Shanghai, China

We are an American luxury lifestyle brand, founded in 2004. Anchored in the casual elegance of American sportswear, Tory's design philosophy is defined by effortless silhouettes, innovative materials, eclectic juxtapositions of color, and the tension of past and present. The collections include ready-to-wear, handbags, footwear, accessories, jewelry, home and beauty.

Empowering women is the company's guiding principle, expressed through Tory's collections and reflected in the company culture as well as the work of the Tory Burch Foundation. Established in 2009, the Foundation provides women entrepreneurs in the United States with capital, education and community.

You are seeking a work environment where people are encouraged to dream, explore, discover and, as important, laugh together. If you're prepared to work hard, create impact, and have fun while doing it, we would love to have you join #TeamTory. Apply today!

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Life @ToryBurch is Special Because:

When you join us, you're joining a global, purpose-led company on an exciting growth journey with an amazing culture and great benefits.

  • Our culture is welcoming and inclusive -- everyone is empowered to make a difference.
  • We have the best team in the world and believe in paying competitively and rewarding for high performance.
  • Your overall well-being is important to us; we offer generous benefits to help you take care of your mental and physical health, create financial security, and achieve wellness in all areas of your life.
  • We love seeing our employees wear our beautiful collections. You'll receive a generous employee discount and access to exclusive sample sales.
  • We are invested in your professional growth - you'll have access to free executive coaching on-demand.

This Role is Tailor-Made for You Because:

A Day in the Life:

JOB SUMMARY

Senior Merchandising Manager - RTW & Shoes, China

  • Business owner of RTW & Shoes category in RFCN channel;
  • Fully responsible for buying, allocation, daily operation, sales support and product life cycle management to reach sales, margin and inventory target;
  • Fully responsible to deliver product insights, product development proposal, capsule proposal and transversal assortment coordination;
  • Key leader of internal transversal and cross function communication;
  • Manage daily merch operation including but not limit to product launch, initial setup, allocation, stock rebalancing and cross channel movement
  • Balance sales and margin through smart pricing and discount strategy;
  • New initiatives with business evolvement

RESPONSIBILITIES

REVENUE AND GROWTH - RTW & FTW

  • Achieve the Objectives of Sales, Margin and Inventory for RTW & Shoes category through merchandising excellence;
  • Grasp the pulse of trend, timely and proactively make proposals including but not limit to the right products for local market, the necessary edit or improvements, business opportunities as well as risk alerts.
  • Manage store cluster for efficiency and closely work with retail team to grow focus stores with specific strategy

MERCHANDISING BUYING

  • Manage product lifecycle from new collection buying, reorder, KIPs, MKD strategy to exit plan;
  • Supervise buying with 360° mindset with consideration of marketing, training, VM, store feature and important clients;
  • Balance global guideline and local commercial needs, optimize investment on return yet protect brand image;
  • Timely and effectively find solutions and initiatives when seasonal offer can't 100% fulfill business needs or OTB is under planed vs. collection potential;
  • Constantly evaluate business needs and manage reorder planning and execution;

PRODUCT DEVELOPMENT

  • Deep dive sales performance and constantly provide insightful product feedback;
  • Constantly keep smooth communication with NY Merchandising Team on local market needs and specific country requests, include but not limited to special products, new stores opening and new initiatives of the region;
  • Timely react to market trend and competition performance, bring initiatives and product proposals to catch business opportunity;

ALLOCATION, OPERATION AND RETAIL CONNECTION

  • Be responsible for inter DC allocation, network distribution, inventory rebalancing and exit plan
  • Strategically manage new product price setting, mark-up analysis, repricing, mark down and promotions
  • Organize regular meetings with retail team to understand needs, handle with objections and improve efficiency
  • Prepare tools to deliver collection story, shipment trace, launch plan, modelario and etc. to equip retail team with sufficient information;
  • Work closely with training team to enhance training and sales competition activities

EDUCATION, PRIOR EXPERIENCE AND SKILLS NEEDED

  • Excellent command in English & Chinese.
  • Logical, persuasive and clear in presentation.
  • In depth understanding & interest in Fashion, Culture, Lifestyle, Art
  • Balanced creative and analytical brain, forward looking and result driven
  • Over 10 years experience in luxury fashion with WRTW experience
  • Proficiency in MS Office Applications and advanced in Excel

To Land This Role:

Why You'll Want to Join Our Team:

How We Work Together

  • Adaptable - We change before we have to
  • Entrepreneurial - We own it
  • Collaborative - There's no "I" in Tory
  • Client & Brand Focused - We put ourselves in Tory's shoes
  • Live the Values - We show up for each other
  • Functional Expertise - We're constantly learning and growing

#TeamTory Values

We show up with honesty & kindness, act with integrity & compassion, work with passion & humility and lead with excellence & humor.

Client-provided location(s): Shanghai, China
Job ID: Tory_Burch-R0024363
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA With Employer Contribution
    • Pet Insurance
    • Mental Health Benefits
  • Parental Benefits

    • Fertility Benefits
    • Family Support Resources
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
    • Volunteer Time Off
    • Summer Fridays
  • Financial and Retirement

    • 401(K) With Company Matching
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
  • Diversity and Inclusion

    • Woman founded/led

Company Videos

Hear directly from employees about what it is like to work at Tory Burch.