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Director at Burgundy Brand Collective
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Burgundy Hospitality - Retail Merchandiser - Fashion/Footwear (6-12 yrs)
- Planning product ranges and preparing sales and stock plans in conjunction with footwear and retail brand partners
- Liaising with brand partners, stores, visual merchandisers
- Forecasting profits and sales, and optimizing the sales volume and profitability of designated product areas
- Planning budgets and presenting sales forecasts and figures for new ranges
- Controlling stock levels based on forecasts for the season
- Analysing every aspect of bestsellers (for example, the bestselling price points, colors or styles) and ensuring that they reach their full potential
- Maintaining awareness of competitors' performance
- Monitoring slow sellers and taking action to reduce prices or set promotions as necessary gathering information on customers' reactions to products
- Analysing the previous season's sales and reporting on the current season's lines making financial presentations to senior managers
- Meeting with suppliers and managing the distribution of stock, by negotiating cost prices, ordering stock, agreeing timescales and delivery dates and completing the necessary paperwork
- Managing, training and supervising store teams
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