VP, DMM, Fine & Fashion Jewelry
$241k - $312kJobleads-US
WHO WE ARE:
Exemplar Luxury Group, formerly Saks Global, is the luxury collective uniting coveted brands with unrivaled customer experiences across Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman. Driven by a relentless devotion to our customers and powered by our talented colleagues, we offer expertly curated product assortments, unparalleled service and personalized experiences across our integrated retail model. Through strong partnerships with the world's most desired luxury brands and deep customer relationships enhanced by data-rich insights, Exemplar Luxury Group is committed to setting the standard of excellence for luxury retail.
Job Description:
YOU WILL BE The Vice President, DMM will play a crucial leadership role in developing and executing the merchandise strategy for designated divisions/categories. This position is responsible for translating broader merchandising and divisional strategies into category-specific plans, leading the execution of these strategies, and aligning product assortment with the company’s strategic goals as well as local market nuances. The VP, DMM will drive collaboration across Buying, Planning, and cross-pillar teams such as Stores, Marketing and Digital, ensuring that all strategies are executed effectively to achieve financial goals. With a strong focus on client obsession, brand partner negotiations, distribution, activation, pricing, promotions, and markdown decisions, this leader will guide the business towards achieving growth and profitability. This role is highly integrated into Stores organization and requires quick response to in-the-moment pricing accommodation discussions.
WHAT YOU WILL DO
- Collaborate with the SVP, GMM Leader to translate broader merchandising and divisional strategies into actionable category-specific strategies and tactics, ensuring alignment with the company’s vision and financial objectives
- Orchestrate the execution of merchandise strategies by partnering closely with Buying, Planning, Stores, and cross-pillar teams, including Marketing and Digital, to drive cohesive product assortments and seamless execution across all channels
- Work directly with Buyers and their teams to ensure product assortment is fully aligned with category strategies and that the right products are available to meet customer demand
- Work directly with the Jewelry Operations team to ensure smooth in-take of high value merchandise, repairs processing, box & certificate management, data alignment to support special orders & trunk shows and overall safe and accurate merchandise management; Jewelry Operations interacts heavily with stores, brands and merchants
- Ensure the product assortment and activation plan aligns with market trends, customer demands, and category strategies
- Continuously analyze product performance to optimize assortment strategies and drive profitable growth
- Focus on development of plans to drive case line productivity
- Develop productive replenishment strategies
- Ability to work with Accounts Payable to manage asset, consignment, drop ship and cash advance models
- Support the SVP, GMM Leader in vendor negotiations, "world of" discussions, and top-to-top meetings, contributing to the development of strong partnerships and favorable terms that align with business goals
- Strong merchant to lead styling and merchandising for semi-annual, jewelry dedicated NM Bejeweled Book and annual Saks Fine jewelry Book
- Collaborate with the Head Of Buying Leaders, and Planning Leads to define and execute the pre-season and in-season roadmap, ensuring strategies and plans are aligned with financial targets and timelines.
- Work with Buying and Planning teams to determine final pricing, promotional strategies, and markdown decisions, ensuring consistency with category strategies while optimizing profitability and margin
- Work with brands to identify exclusive leads and launches
- Lead, inspire, and align buying teams around a shared vision and strategic direction, driving collaboration across functions to meet company objectives and deliver exceptional business results
Required Qualifications (Minimum Requirements):
- Bachelor’s degree in Business, Retail Management, or related field
- 10+ years of experience in retail merchandising, buying, and brand partnership management, with a proven track record of leading cross-functional teams and driving strategic initiatives at a senior level
- Strong leadership skills with the ability to inspire, align, and lead teams to achieve business objectives
- Extensive experience in brand negotiations, vendor management, and translating broader strategies into actionable plans
- Deep understanding of retail merchandising, buying, and planning processes
- Dallas strongly preferred based on proximity to Jewelry Operations team
- Strong financial acumen, with experience in managing pricing, promotions, and markdown decisions
- Ability to thrive in a fast-paced, dynamic environment while managing multiple priorities effectively
- Excellent communication, presentation, and interpersonal skills, with the ability to influence stakeholders at all levels
- Customer-centric thinker who is "art" led, and "science" informed
Preferred Qualifications (nice to haves):
- MBA or advanced degree preferred
YOUR LIFE AND CAREER AT EXEMPLAR LUXURY GROUP:
Opportunity to work in a dynamic fast paced environment at a company experiencing growth and transformation Exposure to rewarding career advancement opportunities across the largest multi-brand luxury retailer from retail to distribution, to digital or corporate Comprehensive benefits package for all eligible full-time employees (including medical, vision and dental) An amazing employee discount Benefits: We offer the following benefits for this position, subject to applicable eligibility requirements: medical insurance, dental insurance, vision insurance, 401(k) retirement plan, basic life insurance, supplemental life insurance, disability insurance, and a variety of additional voluntary benefits (such as critical illness, hospital and accident insurance). Thank you for your interest with Exemplar Luxury Group. We look forward to reviewing your application. Exemplar Luxury Group is an equal employment opportunity employer and is committed to providing reasonable accommodations to applicants with disabilities.
Salary Range $241,000 - $312,000* Compensation for this role varies by geographic location. The listed range reflects multiple markets, including higher-cost areas. Actual starting pay will be determined based on work location, experience, and other job-related factors.
Exemplar Luxury Group is a world-renowned luxury ecommerce destination. The company’s unique approach combines a focus on the digital customer experience with a strong connection to a network of extraordinary stores that extends that seamless experience into the real world. On its website and app, Exemplar Luxury Group offers an unparalleled selection of curated merchandise across fashion for women and men, beauty, jewelry, home décor and more. In addition to the shopping experience, customers come to Exemplar Luxury Group for inspiring editorial content, access to digital stylists, lifestyle experiences and other world-class services. The company is currently in the midst of a dramatic expansion, driven by significant enhancements to its platforms and offerings, with the goal of becoming the preeminent destination for luxury internationally.
#J-18808-Ljbffr Jobleads-US$241k - $312k
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