Full Job Description
ABOUT ZEGNA
Following the path traced by the founder Ermenegildo over 110 years ago, ZEGNA is now internationally recognized as a leading global luxury menswear brand. Established as a fabric maker in the mountains of Piedmont, ZEGNA is part of the Ermenegildo Zegna Group, which counts more than 6,000 employees. Managed by Gildo Zegna as Chairman and CEO, Ermenegildo Zegna Group designs, creates, and distributes luxury ready-to-wear and accessories under both the ZEGNA and Thom Browne brands to over 500 stores. The Group also operates TOM FORD FASHION through a long-term license agreement with The Estée Lauder Companies Inc. to over 100 stores. As of 30th September 2023, ZEGNA has 403 stores of which 242 are directly operated. The brand remains committed to leveraging its rich heritage to build a better present and future.
YOUR OPPORTUNITY
As an Allocator based in the New York Corporate office you will play a key role within the Merchandising team. Reporting directly to the Senior Merchandising Manager, you will support ongoing analysis and business trends. Partnering closely with the team, you will pro-actively determine business needs to address conditions and help drive sales and reduce inventory.
The role provides fundamental support in all areas of Planning. The core responsibilities of this position include, but are not limited to, the following:
Allocating & Buying
Operations
QUALIFICATIONS:
WHO YOU ARE:
Following the path traced by the founder Ermenegildo over 110 years ago, ZEGNA is now internationally recognized as a leading global luxury menswear brand. Established as a fabric maker in the mountains of Piedmont, ZEGNA is part of the Ermenegildo Zegna Group, which counts more than 6,000 employees. Managed by Gildo Zegna as Chairman and CEO, Ermenegildo Zegna Group designs, creates, and distributes luxury ready-to-wear and accessories under both the ZEGNA and Thom Browne brands to over 500 stores. The Group also operates TOM FORD FASHION through a long-term license agreement with The Estée Lauder Companies Inc. to over 100 stores. As of 30th September 2023, ZEGNA has 403 stores of which 242 are directly operated. The brand remains committed to leveraging its rich heritage to build a better present and future.
YOUR OPPORTUNITY
As an Allocator based in the New York Corporate office you will play a key role within the Merchandising team. Reporting directly to the Senior Merchandising Manager, you will support ongoing analysis and business trends. Partnering closely with the team, you will pro-actively determine business needs to address conditions and help drive sales and reduce inventory.
The role provides fundamental support in all areas of Planning. The core responsibilities of this position include, but are not limited to, the following:
Allocating & Buying
- Manage and maintain replenishment tools adhering to model stocks, WOS targets, and store requests
- Update allocation sizing tools and communicate monthly store allocations
- Reconcile Demand Forecast and Transfer Orders in relation to markdown, RTVs, unmet orders, and demand shifts
- Monitor merchandise availability and communicate issues proactively to team.
- Recommend Demand shifts, ATS and quantities by SKU for replenishment items based on individual store performance
- Monitor merchandise availability and communicate issues proactively to Buyers, IT, and Logistics
- Perform weekly allocations to the Retail Stores to ensure proper goods coverage in line with their capacities that supports financial targets
- Provide daily and weekly updates on business as it relates to the latest forecast, identifying trends, and highlighting selling that exceeds or falls short of expectation
- Monitor seasonal performance for accurate assortment planning
Operations
- Analyze and forecast receipt management and execute consolidations
- Monitor business trend vs BDG/FC, identify risk and opportunities, and deploy action plan
- Set priorities and parameters for weekly replenishment
- Cross Functional Reporting
- Influence and educate Retail organization about core strategies and insights to engage stakeholders to support optimization of business opportunities
- Consistently provide feedback to enhance team's skillset and performance
- Partner with managers to align cross-functional objectives and best practices
- Develop and maintain cross-divisional relationships
- Communicate opportunities where management support is needed on initiatives and strategies
- Travel as Required
QUALIFICATIONS:
- Ideally 1+ years experience in allocation or planning
- Expert command of retail math concepts, applications, and statistical analysis
- Demonstrated problem solving skills, adaptability/flexibility, and initiative
- Excellent communication, teamwork, analytical thinking skills
- Comfortable working in MS Excel and experience navigating multiple systems and large sets of data
- Occasional travel
WHO YOU ARE:
- Detail-oriented person who can multitask
- Excellent communication, teamwork, analytical and strategic thinking skills
- Ability to interact and report on business with cross functional teams and across multiple levels of management
- Inquisitive and open to trying innovative ideas
- Enjoys fast-paced retail environments
- Strong Excel skills required
- Strong strategic thinking and analytical skills with ability to understand quantitative data with accuracy
- Must be able to multi-task, prioritize and adapt to fast-paced, dynamic environment.
- Compensation for this role ranges from $80,000-$85,000 annually.
Job Information
Job Category:
Sales
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