VP, DMM, Fine & Fashion Jewelry
About The Position
The Vice President, DMM for Fine & Fashion Jewelry leads the development and execution of merchandise strategy for designated categories. The role translates broader merchandising and divisional strategies into actionable category plans, aligning assortments with company objectives, financial goals, customer demand, market trends, and local market nuances. The VP partners across Buying, Planning, Stores, Marketing, Digital, Jewelry Operations, and other teams to execute assortment, activation, pricing, promotion, and markdown strategies. The position focuses on client experience, profitable growth, brand partnerships and negotiations, distribution, case-line productivity, and replenishment. It also works closely with Jewelry Operations on the safe and accurate handling of high-value merchandise and related processes, and contributes to fine jewelry book styling and merchandising. The role reports to and supports the SVP, GMM Leader, and is highly integrated with the Stores organization.
Requirements
- Bachelor’s degree in Business, Retail Management, or a related field.
- 10+ years of experience in retail merchandising, buying, and brand partnership management, with a record of leading cross-functional teams and driving senior-level strategic initiatives.
- Strong leadership skills and ability to inspire, align, and lead teams toward business objectives.
- Extensive experience in brand negotiations, 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 work effectively in a fast-paced, dynamic environment while managing multiple priorities.
- Excellent communication, presentation, and interpersonal skills, with the ability to influence stakeholders at all levels.
- Customer-centric approach that is art-led and science-informed.
Nice To Haves
- Dallas location, preferred due to proximity to the Jewelry Operations team.
- MBA or advanced degree.
Responsibilities
- Partner with the SVP, GMM Leader to translate broader merchandising and divisional strategies into category-specific strategies and tactics aligned with company vision and financial objectives.
- Coordinate execution of merchandise strategies with Buying, Planning, Stores, Marketing, Digital, and other cross-pillar teams.
- Work with Buyers and their teams to align product assortments with category strategies and customer demand.
- Partner with Jewelry Operations on intake of high-value merchandise, repairs processing, box and certificate management, data alignment for special orders and trunk shows, and safe and accurate merchandise management.
- Ensure product assortments and activation plans align with market trends, customer demands, and category strategies.
- Analyze product performance and optimize assortment strategies to drive profitable growth.
- Develop plans to improve case-line productivity and create productive replenishment strategies.
- Work with Accounts Payable to manage asset, consignment, drop-ship, and cash-advance models.
- Support the SVP, GMM Leader in vendor negotiations, “world of” discussions, and top-to-top meetings.
- Lead styling and merchandising for the semi-annual, jewelry-dedicated NM Bejeweled Book and annual Saks Fine Jewelry Book.
- Collaborate with Buying leaders and Planning leads to define and execute pre-season and in-season roadmaps aligned with financial targets and timelines.
- Work with Buying and Planning to determine final pricing, promotional strategies, and markdown decisions that support category strategies and optimize 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, including 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
