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 and dedicated upcycled product collaborations. THE OUTNET is part of LuxExperience, the leading digital, multi-brand luxury group.
THE OUTNET are now seeking a talented Senior Buyer to join the team. Some of the essentials for you to know are:
Location: Our office in Westfield
Reporting into: Head of Buying
Besides a competitive salary, we can offer you:
1. Performance bonus schemes dependent on the type of role you are in
2. A pension that both you and the company contribute to
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. Responsible for the global buy budget and buy strategy for the department
9. Responsible for negotiation of all trade terms, conditions and deliveries to ensure consistent and flow of stock to maximize sales and margin and mitigate operational costs
10. Negotiate with suppliers in a tough but fair manner to secure exclusive ranges/brands and optimize the profit margin
11. Managing and flexing OTB within Brands to hit the quarterly targets but remaining opportunistic and driving the best possible return for the OTB
12. Proactive continuous global product sourcing in an opportunistic environment, developing existing relationships and fostering new relationships, including international travel
13. Strong knowledge of the luxury market to identify new brand and product opportunities, implementing strategies to increase the buy and secure new brands
14. Maintain and develop best position with vendors to insure we are the exclusive or first point of call for any off-price activity
15. Strong relationship with the Merchandise team; analyse weekly reports and work with Merchandiser to review risks and maximise opportunities
16. Monitor deliveries and performance of all vendors and take decisive action to deliver targets
17. Up to date competitor knowledge within both off price and full price to ensure THE OUTNET is the premier off price destination
18. Developing and presenting product and brand strategies internally to all relevant teams, including Marketing, Upload and Editorial to ensure we are meeting our global customer demand
19. Management and development of Buy team including regular feedback and focus on the team development and motivation to retain talent
20. Feedback on department to Buying Manager and Head of Buying
The type of person we are looking for:
21. Significant commercial experience gained in a Buying role
22. Extensive relevant experience in luxury fashion retailing within a multi-brand environment
23. Entrepreneurial spirit with the creative flair to drive a business forward
24. Proven commercial experience of trading in a fast paced and reactive environment
25. Proven track record of creating positive impact on business through buying strategy
26. Good judgement and decision making skills with confidence in suggesting calculated risks.
27. Off price experience not necessary but must demonstrate an enthusiasm and interest in off-price
28. Exceptional people management experience.
29. A proven track record of networking, negotiation skills
30. Highly numerate with strong analytical skills
31. Excellent communication skills
32. Desire to be the best and provide exceptional customer value and experience.
33. Extremely well-organised, methodical and efficient with the ability to self-motivate and drive initiative
34. Embodies our values of FABRIC- Drive, Trust, Style:
DRIVE: We build lasting impact with courage, commitment, pace, while having fun
TRUST: We create an inclusive and harmonious environment founded on fairness, humility and mutual respect
STYLE: We do everything with honesty, authenticity and integrity