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Posted 2 hours 44 minutes ago by Lululemon Athletica

Permanent
Full Time
Other
London, United Kingdom
Job Description
Overview

lululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. Setting the bar in technical fabrics and functional design, we create transformational products and experiences that support people in moving, growing, connecting, and being well. We owe our success to our innovative product, emphasis on stores, commitment to our people, and the incredible connections we make in every community we're in. As a company, we focus on creating positive change to build a healthier, thriving future. In particular, that includes creating an equitable, inclusive and growth-focused environment for our people.

About this team

The EMEA product team translates global product strategies into regionally relevant execution, we ensure we have the right assortment in the right place at the right time. Our aim is to fulfill our guests' unmet needs, grow our brand and deliver on our long-term enterprise goals.

We possess deep awareness and intuition of our regional guest needs and use this knowledge to identify opportunities to expand guest demand. We monitor the business on a daily, weekly, monthly and quarterly basis, understanding changes in trend and reacting to the business to maximize sales and mitigate risk.

Teamwork and clear communication are essential. You are an essential part of the cross functional team collaborating with buying, store & digital operations and DC network planning. You have razor sharp attention to detail but also able to think big picture.

A day in the life: what you'll do

This position is responsible for maximizing the in season trading of their category, this includes forecasting sales targets, markdowns, gross margin, and open to buy management.

  • Develop, communicate and execute financial plans and strategies that support the merchandising, marketing and financial objectives of the brand
  • Develop assortment plans to the style-colour level by channel
  • Develop sales projections and inventory flow for key items
  • Drive financial results that maximize sales, inventory and bottom line profitability
  • Prepare and participate in Buy Sign Off meetings
  • Reconcile tops down category financial plans to bottoms up style-colour level plans
  • Support the financial success of the brand by meeting sales, comp, gross margin, maintained margin and inventory turn goals
  • Recommend seasonal merchandise flow strategies that maximize sales, profitability and customer expectations
  • Analyze historical data and current trends to identify risks and opportunities to business and recommend strategies to achieve financial goals; conduct hindsight analysis to incorporate learnings into current and future plans
  • Provide support to Merchandising to actively manage product assortment throughout the season (inventory, MDs, etc.)
  • Exhibit initiative to look beyond the everyday business to look for opportunities to maximize sales potential
  • Provide other analysis related to driving business goals (e.g. hindsights, etc.)
Qualifications, skills & experience
  • 3-7 years proven planning/merchandising experience within a vertical retailer preferred
  • Proficient in Microsoft Office Program and mastery in excel
  • Strong analytical skills with the ability to interpret multiple data points across numerous channels and market segments
  • Strong understanding of season-to-season business performance and ability to drive business based on key financial indicators in order to maximize business opportunities
  • Excellent team player as well as the ability to work independently.
  • Extremely organized, thorough and able to prioritize
  • Detail orientated
  • Strong ability to see the merchandise vision and translate the vision into viable plans.
  • Self directed problem solver, proactive and resourceful
  • Responsible, dependable and mature, with sound judgment
  • Results oriented - strong sense of motivation
  • Capable of effective multiple demand management from a variety of sources and adapts well to change.
  • Ability and willingness to accept and provide feedback.
Must haves
  • Acknowledge the presence of choice in every moment and take personal responsibility.
  • Communicate with honesty and kindness and create the space for others to do the same.
  • Lead with courage, knowing the possibility of greatness is bigger than the fear of failure.
  • Foster connection by putting people first and building trusting relationships.
  • Integrate fun and joy as a way of being and working.
Role classification

Your role is classified as Hybrid under our global SSC Hybrid Workplace Policy.

Hybrid

In-person collaboration is important, and much of the role can be performed remotely. Work is performed at both the SSC office and home office every week.

Equal Employment Opportunity

Only those applicants under consideration will be contacted. Please accept our utmost appreciation for your interest. Lululemon is an Equal Employment Opportunity employer. Employment decisions are based on merit and business needs, and not on race, color, creed, age, sex, gender, sexual orientation, national origin, religion, marital status, medical condition, physical or mental disability, military service, pregnancy, childbirth and related medical conditions or any other classification protected by federal, state or provincial and local laws and ordinances. Reasonable accommodation is available for qualified individuals with disabilities, upon request. This Equal Employment Opportunity policy applies to all practices relating to recruitment and hiring, compensation, benefits, discipline, transfer, termination and all other terms and conditions of employment. While management is primarily responsible for seeing that Lululemon equal employment opportunity policies are implemented, you share in the responsibility for assuring that, by your personal actions, the policies are effective.

Lululemon is committed to providing reasonable accommodation to applicants with disabilities. If you would like someone from our team to contact you for individualized support, email us at . In your email, please include the position title, the location of the position and the nature of your request.

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