Specialist, Buying - Costume Jewelry and Other Accessories

Job description

Specialist, Buying – Costume Jewelry and Other Accessories

At Chanel, we are focused on creating an inclusive culture that nurtures personal growth, contributing to collective progress. We believe the uniqueness of each individual increases the diversity, complementarity and effectiveness of our teams. We strongly encourage your application, as we value the perspective, experience and potential you could bring to CHANEL.

About the role:

Chanel, Inc. a leader in the luxury good industry seeks a Specialist, Buying – Costume Jewelry & Other Accessories for the US Fashion Division. This Specialist is responsible for supporting the seasonal merchandising strategy in accordance with global and regional strategies for total US network.

You are energized by:

·  Possessing a strong passion for Fashion and stays abreast of trends and competitive landscape.
·  Having a strong analytical mindset and exhibiting retail math skills. You are comfortable independently formulating theories and drawing conclusions from large, complex sets of data. You are able to look at information and interpret it in a clear and concise manner, with a suggested action plan
·  Possessing advanced Excel skills (vlookup, sumifs, sumproduct, pivot tables, etc.) and Power Point skills (animation, slide master formatting, embedding charts/graphs, etc.).
·  Having strong written, presentation and verbal communication skills
·  Expressing curiosity, intuition, drive, authenticity and self-awareness
·  Exuding enthusiasm, energy, and an ability to inspire others about retail and product. You’ll have a strong aesthetic understanding and demonstrated taste level
·  Proactivity, agility, and resiliency – you’ll be comfortable with complexity and ambiguity
·  Being innately service minded with proven ability to create and foster cross-functional relationships

What you will bring to the team:

Business Management

·  Support the Senior Managers – Buying for Costume Jewelry & Other Accessories on the implementation of category strategic vision and initiatives to drive the business across seasonal collection and reorder.
·  Assist the Senior Managers – Buying for Costume Jewelry & Other Accessories on across 8 catalogs a year, through pre-market prep (order forms, ad hoc analysis, pricing sheets) and during market buying session (Boutique communication, systemic uploads, presentation creation)
·  Analyze sales performance by size in partnership with Senior Managers – Buying for Costume Jewelry & Other Accessories and execute sizing for 8 collections a year. 
·  Support the Senior Manager – Allocations and the warehouse allocation process to ensure strategic warehouse allocations by style for total network. 
·  Support Senior Managers – Buying for Costume Jewelry & Other Accessories and partner with key cross functional teams in annual business planning, financial reports, and budget forecasting for product categories
·  Monitor and identify business opportunities and challenges by Boutique, you’ll help to create business recaps with recommendations 
·  Facilitate all product transfers and client requests thru outreach to Boutiques and Global partners. 
·  Support the seasonal bi-annual markdown process thru system execution, data analysis and category coordination
·  Partner closely with product category and internal cross-functional teams to support broader business performance by providing correct data and ensuring timely execution of objectives: Boutique Leaders, Planning, Global Product Merchandising, Operations, Visual Merchandising, Education, Style Expertise, Client Engagement, Public Relations, and Account Services  
·  Follow industry trends and maintain a strong pulse on the competitive market and key influencers.
·  Develop expert knowledge on Chanel’s price positioning within the competitive landscape of the US market
·  Challenge the status quo to strive for better efficiency and push through roadblocks with creative solutions.
·  Develop a mastery of all business systems: PowerBI, MMS, Orli, AX pricing system, Smartsheet, and AXBI    

Reporting & Analysis

·  Demonstrate accountability and ownership of in-season and market prep reporting and tools including analyses of sales, sell-thru, inventory, months of supply and shipments in Excel/Power BI
·  Conduct ad hoc/deep dive analysis on the business to impact in-season and future season business
·  Present weekly, monthly, quarterly and seasonal analysis and reviews of the collection performance (sales, shipping, stock to sales, by boutique, by classification, etc.) 
·  Identify sizing opportunities through reporting and analysis

Boutique Support

·  Build collaborative partnership with Boutique store teams, you will support delivery of seasonal product vision, provide tools and inspiration, and will equip teams to drive sales 
·  Creatively drive engagement to promote styling, storytelling, and craftsmanship in partnership with Education and Style Expertise teams
·  Act as key resource for the Boutique teams to address client requests/ inquiries for product categories 
·  Actively communicate with Boutique teams to maintain strong pulse of client and local market needs, as well as competitive landscape
·  Support Boutique visits for trainings, events, and business conversations 

Position Logistics:  

·  Partially Remote: Role requires a minimum of three days in-person office presence at the designated location/office. 
·  Bachelor's Degree Required
·  2+ years in a buying related strategic/analytical role

Compensation: 

The anticipated base salary range for this position is 61,400 through 95,000. Base salary is one component of the total compensation for this position. Other components will include bonus potential, benefits, and/or perks. 

Benefits and Perks: 

·  Wellbeing resources include dedicated paid time off for wellbeing (Please select appropriate time off for your role: 2-week August Office Closure OR Wellbeing Days in Retail) and a Wellbeing fund  
·  Family and care giving benefits (inclusive of parental leave, fertility support, MilkStork, and Care.com Membership) 
·  Generous paid time off policies to include vacation, holiday, sick and volunteer days  
·  401K and other incentives  
·  Robust healthcare offerings; medical, dental, vision, MDLIVE (virtual care), One Medical, Flexible Spending Accounts (Health Care & Dependent Care), Health Savings Account and Employee Assistance Program 
·  Life insurance, Accidental Death & Dismemberment, Short Term Disability, Long Term Disability, Health Advocate, International Business Travel Accident & Medical, and Commuter Transit & Parking 

Additional Information: 

Chanel is a private company whose values are grounded in creating the conditions for people to perform at their best and feel fulfilled and confident in their work. We offer a unique work environment where individuals are encouraged to better understand the brand, the business, and motivations, so that together we can unlock the possibilities of growth. This is reflected in: 

Diversity and Inclusion: 

At CHANEL, we are intentional in promoting Diversity & Inclusion. We foster respect, empathy and dignity for all.  We believe strongly that the diversity of our people across the full spectrum of human differences is essential to our organisation and the connections we have with each other and our clients.  

We offer Employee Resource Groups in the US that are voluntary, open to all, employee-led groups formed around a shared identity or lived experience, whose aim is to foster a diverse, inclusive, and equitable community aligned with the values and missions of the communities they support. 

Chanel Community: 

CHANEL Community empowers our employees to channel their passions, talents and sense of purpose to contribute to and learn from our communities. 

Employees are encouraged to take time off annually to volunteer through CHANEL Community. CHANEL also matches employee donations to select charitable organizations. 

Sustainability: 

CHANEL Mission 1.5° is our climate action plan. It is focused on transforming the business in line with the ambitions of the Paris Agreement on climate change to limit the average global mean temperature increase to 1.5 degrees Celsius above preindustrial levels. 

Employees are encouraged to contribute to our US Sustainability efforts at the corporate level and within the divisions, through organized taskforces and initiatives. 

Arts and Culture: 

We are committed to extending our legacy of cultural engagement. Global support includes the CHANEL Culture Fund, which supports a select group of leading art culture institutions across the globe, and the CHANEL Next Prize for the next generation of creative talent.  US support currently includes Annual sponsorship of the MoMA film program, Tribeca Film Festival programs and Through Her Lens, Support of the Academy Gold Fellowship for Women and Sponsorship of the BAAND Together Dance Festival at Lincoln Center. 

Fondation Chanel: 

Since 2011, Fondation CHANEL’s mission is for women and girls to be free to shape their own destiny.  Through multi-year partnerships with financial and technical support, Fondation CHANEL is committed to improving the safety and autonomy of women and adolescent girls around the world, impacting over a million women and girls in its first 10 years.     

For more information, please navigate to the Fondation Chanel website here   

Career and Leadership Development:  

We have dedicated in-house teams focused on supporting the onboarding of employees, developing leadership skills via custom programs like Imagine Chanel People, Heart of Leadership and group and individual coaching, and blended online and live classes offered on our Bloom platform and by skilled trainers, such as Shape Your Career, to develop career building skills. 

*Chanel, Inc. benefits and perks are dependent on eligibility and subject to modification by Chanel at any time.