Director of Merchandising - PINK Beauty
About the position
- Responsibilities
- Align PINK Beauty with annual category growth objectives, actively reacting to shifts in performance at the category and collection level
- Drive product innovation within the core products as well as new innovative products
- Drive category business by 'outside of the box' thinking that connects the lines between financial patterns and market/customer insights to identify growth opportunities
- Lead across the enterprise, keeping PINK Beauty in lock step with the PINK Brand
- Demonstrate a holistic approach and champion cross-category alignment and partnership between design, production and planning partners and PINK Lingerie and Apparel leaders
- Develop and maintain effective working relationships with members of cross-functional teams by leading critical business meetings that impact forward strategy and prioritization of workload for direct reports and cross-functional partners
- Lead day-to-day communication between all members of the team
- Own Digital Merchandising partnership to formulate a web optimization strategy that maximizes the potential for merchandising, navigation, promotion, and conversion
- Own international partnership and communication
- Drive new business incubation strategies with Marketing, PR, & Store Operations
- Drive speed initiatives to support evolution of the business
- Accountable for sales, growth, and margin targets for the department, recognizing opportunities for incremental growth and risk management
- Develop departmental architecture by season in partnership with Planning, ensuring line plan and volume distortions stay within the financial framework of the total category
- Collaborate across departments to build and cascade seasonal hindsight, focusing on impact to forward strategy in building financial architecture, product assortments, and inventory investments at the attribute level
- Ensure price-value relationship is in line with market competitiveness and customer expectation
- Understand product trends and historical data at the category level in order to manage in-season opportunities through Open-To-Buy process
- Partner with Planning and Allocation teams to determine key item base and breadth of selection in order to maximize inventory investment and product availability
- Actively participate in conceptual and design meetings to impact strategy each season to cascade seasonal intents to the team, enabling a cohesive line edit and appropriate mix of business in support of line plan
- Own attribute distortions of color/size/store investments and recommended action plans, reviewing and approving recommendations from books of business
- Effectively manage and quantify category opportunities through the execution and prioritization of new product launches, launch testing, seasonal fashion newness, and core product exit strategies
- Drive cross-functional partnership (design, sourcing, production) to influence product pipeline, delivering an assortment that correlates with the positioning of the brand, trend and opportunity
- Maximize customer experience by driving execution of all sales education & store operations, marketing, and visual requests across categories (pre-season and in-season)
- Understand competitive environment; proactively seek market knowledge through exposure to aspirational retailers
- Oversee customer intimacy and competitive intelligence activities for a thorough understanding of the client and market landscape to recommend and initiate new product development
- Participate in competitive patterning trips and continuously research the market to identify and analyze beauty trends while staying up-to-date with competitors' product selection strategies
- Train, motivate and develop team to ensure effective performance and growth through consistent on-the-job training
- Architect training curriculum by identifying skill set opportunities; provide a holistic learning experience by level
- Act as a role model within the company by coaching and teaching team members to work together and remain focused
- Provide strong mentoring and leadership to the Merchandising team and cross-functional partners
- Requirements
- Bachelor's Degree or equivalent experience
- 8+ years of Merchandising experience
- Beauty experience ideally with emphasis on Product Development
- 4+ years of management experience
- Experience in brands focusing on Gen Z customer
- Successful track record for high volume business growth and bottom-line results
- Intimate understanding of competition, target customer and the brand specific fashion trends
- Strong passion for trends, demonstrate an extreme curiosity and knowledge of the industry and customer, and have an innovative, forward-thinking mindset to anticipate and identify white space within the beauty space
- Possess strong presentation, listening, verbal and written communication skills
- Ability to successfully identify, train, and develop merchandising talent
- Systems and computer proficiency (MS Office, Outlook, PowerPoint, Excel)
- Benefits
- Minimum Salary: $148,000.00
- Maximum Salary: $209,790.00
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