CAPRI HOLDINGS is a global fashion luxury group consisting of iconic, founder-led brands Versace, Jimmy Choo, and Michael Kors. Our commitment to glamorous style and craftsmanship is at the heart of each brand, as we design innovative products across the full spectrum of fashion luxury categories. The unique DNA and heritage of each brand, combined with the diversity and passion of our people, and our dedication to clients and communities, define our success.
Job Title: Allocator 12 Months FTC Mat Cover
Location: London
Division: European Retail Corporate, Planning Family
Reporting to: Planner
Department overview:
Michael Kors is looking for Allocators who will be responsible for the distribution of multiple product categories for a global retail business with the objective of meeting financial and merchandising goals. The Allocator will help to identify opportunities at a store level and communicate them to the team in order to drive business. Duties include replenishment to stores, management of warehouse inventory, and planning of stock packages for new season product launches. The allocators partner with buying and planning teams to ensure proper merchandise assortment by door and that the product arrives in the DC and stores at the optimum time. Strong analytical skills, creative problem-solving skills and the ability to thrive in an entrepreneurial environment are a must.
What You’ll Bring
We’re looking for someone with the following experience and skills — but these aren’t set in stone. If you bring something extra to the table, we’d love to hear from you!
You are hands-on, detail-oriented, collaborative, and passionate about product. You understand that when it comes to stores, the details matter. You have outstanding communication skills, can effectively liaise with colleagues and other teams, and thrive in a rapidly changing environment. You are highly organised, a keen learner and self-motivated, able to work well to deadlines and perform multiple tasks effectively and concurrently.
What you’ll do:
* Manage inventory from initial allocation through the end of the life cycle of merchandise, including replenishment and consolidation of goods to other stores or channels.
* Manage overall store inventory levels based on store capacity, attributes, seasonality and selling curves. Monitor flow of initial assortments as well as reorders to stores by classification, delivery/group and by style whenever necessary.
* Identify and communicate sales opportunities and stock liabilities by door regularly. Ensure that buy quantities and stock levels meet current sales trends and maximise readiness for key selling time periods.
* Manage basic stock replenishment programs. Ensure strong stock position by door on core, seasonal basics and item programs. Partner with the Buying team to maximise sales and profit by monitoring sales and stock penetrations on key programs as well as clearance and ageing by door.
* Take ownership of warehouse inventory and aged inventory by door. Be aware of and highlight any shipping issues that may affect business.
* Communicate and champion the needs of the stores. Partner with the Planner to recap business at the door level.
* Establish strong relationships with the buying/planning team and stores to better understand merchandising strategies and the needs of the business.
* Initiate and develop actionable analysis to recap business by classification and subclass at a store level to partner with planning and buying team to determine store attributes and create strategies to drive sales and achieve gross margin profitability by door.
* Recommend changes and/or enhancements to the current procedures and systems for the allocation and replenishment functions.
We’d Love to See:
* Computer Literate – Advanced Excel Skills required
* Strong numerical, analytical and creative problem-solving skills
* Ability to thrive in an entrepreneurial environment
* Previous experience in the same field within Fashion Retail is preferable
* Passion for fashion
* Continuous improvement
* International mindset
* Time management skills
* Results-driven mindset
* Strong work ethic
* Positive attitude to change
MK Perks;
From your very first day with us, we want you to feel welcomed, supported, and truly part of the team. To help make your experience rewarding, we offer a range of benefits designed to enrich your journey.
* Cross-Brand Discounts & Private Employee Sales – Enjoy exclusive savings across all Capri brands.
* Paid Parental Leave – Take meaningful time off to bond with your growing family.
* Generous Holiday and Vacation Allowance – Recharge with paid time off throughout the year.
* Internal Mobility Across Capri Brands – Explore new career paths within the broader Capri network.
* Hybrid Working Model – Collaborate in-office just three days a week for optimal flexibility.
* LifeWorks Employee Assistance Program – Confidential support for mental, emotional, and financial well-being.
* Pension Contributions – Build your future with company-backed retirement support.
* Enhanced Maternity and Paternity Pay – Receive elevated financial support during life’s biggest milestones.
* Private Health and Dental Coverage – Access premium care for your health and wellness.