VP, DMM, Fine & Fashion Jewelry
About The Position
The Vice President, DMM leads development and execution of merchandise strategy for designated divisions and categories. The role translates broader merchandising and divisional strategies into category-specific plans, aligns product assortment with company goals and local market needs, and leads execution to achieve financial objectives. The VP, DMM collaborates across Buying, Planning, Stores, Marketing, Digital, and other teams to deliver cohesive assortments and effective execution. The position has a strong focus on customer needs, brand-partner negotiations, distribution, activation, pricing, promotions, and markdown decisions. It is highly integrated with the Stores organization and requires timely responses to in-the-moment pricing accommodation discussions. The role also works closely with Jewelry Operations on the safe and accurate handling of high-value merchandise and related operational processes.
Requirements
- Bachelor’s degree in Business, Retail Management, or a related field.
- 10+ years of experience in retail merchandising, buying, and brand partnership management, including leading cross-functional teams and driving strategic initiatives at a senior level.
- Strong leadership skills and ability to inspire, align, and lead teams toward business objectives.
- Extensive experience in brand negotiations and vendor management, and translating broader strategies into actionable plans.
- Deep understanding of retail merchandising, buying, and planning processes.
- Strong financial acumen, including experience managing pricing, promotions, and markdown decisions.
- Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.
- Excellent communication, presentation, and interpersonal skills, with the ability to influence stakeholders at all levels.
- Customer-centric perspective that is “art” led and “science” informed.
Nice To Haves
- MBA or advanced degree preferred.
- Dallas strongly preferred based on proximity to the Jewelry Operations team.
Responsibilities
- Partner with the SVP, GMM Leader to translate broader merchandising and divisional strategies into actionable category strategies and tactics aligned with company vision and financial objectives.
- Coordinate execution of merchandise strategies with Buying, Planning, Stores, Marketing, Digital, and other cross-functional teams.
- Work with Buyers and their teams to align product assortments with category strategies and customer demand.
- Partner with Jewelry Operations on high-value merchandise intake, repairs processing, box and certificate management, data alignment for special orders and trunk shows, and safe and accurate merchandise management.
- Align product assortments and activation plans with market trends, customer demand, and category strategies.
- Analyze product performance and optimize assortments to drive profitable growth.
- Develop plans to improve case-line productivity.
- Develop productive replenishment strategies.
- Work with Accounts Payable to manage asset, consignment, drop-ship, and cash-advance models.
- Support vendor negotiations, ‘world of’ discussions, and top-to-top meetings with the SVP, GMM Leader.
- Lead styling and merchandising for the semi-annual, jewelry-dedicated NM Bejeweled Book and annual Saks Fine Jewelry Book.
- Collaborate with Head of Buying Leaders and Planning Leads on the pre-season and in-season roadmap, aligning strategies and plans with financial targets and timelines.
- Work with Buying and Planning teams on final pricing, promotions, and markdown decisions to support category strategies, profitability, and margin.
- Work with brands to identify exclusive leads and launches.
- Lead, inspire, and align buying teams around a shared vision and strategic direction, fostering cross-functional collaboration and business results.
Benefits
- Medical insurance
- Dental insurance
- Vision insurance
- 401(k) retirement plan
- Basic life insurance
- Supplemental life insurance
- Disability insurance
- Additional voluntary benefits, such as critical illness, hospital, and accident insurance
- Employee discount
- Career advancement opportunities
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What This Job Offers
Job Type
Full-time
Career Level
Executive
