Senior Buyer - Luxury Apparel & Accesories

Dufry Careers•East Rutherford, NJ

1d•$105,100 - $127,400•Hybrid

About The Position

The Senior Buyer is responsible for sourcing, selecting, and purchasing for luxury apparel and accessories in alignment with the company’s goals and current trends for both Duty Free and Duty Paid locations, ensuring the right products are available to meet customer demands while maximizing profitability.

Requirements

Requires 2 years of experience supervising a team of buyers engaged in executing convenience category programs.
Requires 6 years as a buyer
3-5 years of retail experience
Training that leads to an in-depth understanding of the buying function
Knowledge of financial tools and concept profitability; has the ability to understand and use market research and market trend information to maximize profitability
Versatility, flexibility, and a willingness to work enthusiastically and independently with constantly changing priorities
Strong organizational skills and attention to detail; excellent written communication and interpersonal communication skills
Business acumen and also has the mindset required to understand the long-term implications of buying decisions and to advance the organization’s goals
Demonstrated history of understanding the needs of the business, stakeholders, the employee population, and individual circumstances
Demonstrated history of creating and maintaining positive work environments

Nice To Haves

A bachelor’s degree in a business, marketing, or management program related to the functional area can count for 3 of the 6-year requirement
An MBA or a master’s level degree in a program related to the functional area can count for an additional 1 year of 6-year requirement

Responsibilities

Sources, develops, and curates new brands and product assortments that align with the company objectives, customer preferences and market trends
Monitors industry trends, consumer preferences, and competitor activities to proactively identify opportunities and challenges; adjusts assortments accordingly
Manages supplier and vendor relationships, negotiates pricing and terms, and maintains optimal delivery schedules
Analyzes sales data and performance metrics to make informed decisions on assortment mix and inventory replenishment
Addresses aged and slow-moving inventory levels and develops strategies for markdowns and promotions
Executes SKU rationalization to maximize performance based on space allocation
Partners with Planner using the OTB to manage stock levels
Monitors evolving consumer preferences and adjust assortments
Develops an exit strategy on non-go forward items, negotiates RTVs, and implements markdowns, promotions, and price changes