THE OUTNET is the online destination for luxury fashion from previous seasons. Since 2009, it has showcased style that lasts, by offering past-season womenswear and menswear, including exclusive capsules, from world-leading designer brands. THE OUTNET brings joy through its curated world of luxury fashion, featuring exceptional styles that transcend seasons, at up to 70% off. Extending the life of luxury beyond the current season is at the heart of its mission, further enhanced through its Considered edit of more responsible fashion, dedicated upcycled product collaborations, and circular fashion services, THE OUTNET Resell and THE OUTNET CARE & REPAIR, support customers to shop with a focus on conscious consumerism. THE OUTNET is part of LuxExperience, the leading digital, multi-brand luxury group.
THE OUTNET are now seeking a talented Junior Buyer to join the team. Some of the essentials for you to know are:
Location: Our offices in Westfield, London (Shepherd's Bush)
Reporting into: Senior Buyer
Working Model: Hybrid (4 days in office, 1 day WFH)
Besides a competitive salary, we can offer you:
1. Performance bonus schemes dependant on the type of role you are in
2. A pension that both you and the company contribute too
3. A portal with an array of discounts on things like theme park and cinema tickets
4. Our famous staff discount along with exclusive staff sales
5. Private healthcare for you and your family
6. Flexible working
7. A chance to be part of a fun and caring team that support each other
Here is a breakdown of what you’ll be doing:
8. Be responsible for the buy budget and buy strategy for a selected group of designers
9. Oversee and manage negotiation of terms and conditions with assigned designers
10. Achieve margin and sell thru targets
11. Negotiate deliveries to ensure consistent and early flow of goods/merchandise to maximise sales and meet plan
12. Input into range planning and trend forecasting with direction from Head of Buying, Buying Manager & Senior Buyer
13. Maintain and develop best position with vendors
14. Ensure right mix of product and maintain awareness of competitors positioning
15. Work with Merchandising and other Buyers to ensure consistent buy message
16. Be an ambassador for the The Outnet business; forming strong relationships with established and emerging brands at show time and year round.
17. Communicate buys/strategies internally to all relevant teams, including marketing and editorial
The type of person we are looking for:
18. Experience gained as a Junior Buyer or experienced Assistant Buyer within a multi-brand retailing environment, preferably within the luxury ready to wear category
19. Proven commercial experience of trading in a fast paced and reactive environment.
20. Proven track record of creating positive impact on business through buying strategy.
21. Using strong knowledge of luxury RTW and Accessory market to source and recommend appropriate new brands
22. Proven track record of networking and negotiation skills.
23. Good judgement and decision making skills
24. Confidence in suggesting calculated risks
25. Strong analytical and IT skills
26. Extremely well-organised, methodical and efficient with the ability to self-motivate and drive initiative
27. Our values; we lead with joy, are responsive and resourceful, drive connections and community, show consideration with each other