Buyer

Meet the Owned Brand division of REVOLVE:REVOLVE is the next-generation fashion retailer for Millennial and Generation Z consumers. As a trusted, premium lifestyle brand and a go-to source for discovery and inspiration, REVOLVE delivers an engaging customer experience from a vast yet curated offering of over 45,000 products. Founded in Los Angeles in 2003 by co-CEOs, Michael Mente and Mike Karanikolas, REVOLVE’s family of brands includes their luxury offering, FWRD and a portfolio of 24 owned brands such as Lovers + Friends, Tularosa, NBD and RAYE.The Owned Brand division within REVOLVE is an industry-leading fashion design and production house based in Los Angeles. Leveraging the power of REVOLVE’s data driven merchandising, combined with raw creative talent, results in an unparalleled ability to identify specific market niches and develop brands that each have their own identity, designed with a distinct consumer interest and personality in mind.At REVOLVE the most successful team members have the thirst and creativity to redefine fashion retail for the 21st century, making REVOLVE the leading online retail destination targeted towards Millennial and Generation Z consumers seeking premium fashion. With a team of 1,000 strong, we are a dynamic bunch that are motivated by getting the company to the next level. It’s our goal to hire high-energy, diverse, bright, creative, and flexible individuals who thrive in a fast-paced work environment[RVLV1] . Some of the sweetest perks we offer aren’t in a typical benefit package like hefty discounts on items we carry – as in 50% or more off retail prices, free weekly lunches, and pretty rad company parties. To take a behind the scenes look at the REVOLVE “corporate” lifestyle check out our Instagram @REVOLVEcareers or #lifeatrevolve.Are you ready to set the standard for Premium apparel?Main purpose of the Buyer role:This is a full time role for a candidate who will lead and motivate the team responsible for bridging the gap between business and creative, architecting our collections to meet customer demand. You will play a pivotal role in architecting our seasonal assortment by balancing your business mind with your creative eye. Major Responsibilities:Essential Duties and Responsibilities include the following. Other duties may be assigned.Assist in Target Customer Strategy Product strategy ; connect the customer to the opportunity to the collectionEvaluate internal opportunities Product Elements – Lead internal research to identify opportunities within REVOLVE / FWRDidentify what our competitors are doing Competitor Trends - Lead research on trends our competitors are bringing forwardTo ensure top priority trends and elements are optimally represented in the collections Support the identification and tiering of key programs that REVOLVE / FWRD is getting behind to position ourselves as the marketplace destination, including item, style, fabric, department and brand features Support the coverage across brands to ensure representation of all product options across product elements, departments, and seasonality required to meet customer demandBalance – Ensure balance across all brands to enable an appropriate distribution of the right product elements, departments and seasonality required to meet customer demandStyle Coding – Support the prioritization of all styles developed across brands as input into buying strategy Function Management – Manage the Function Plan to ensure development stays on target but capitalizes on opportunities as needed To maximize on business opportunities to make each style saleable (Design, Technical, Buying, Seasonality, Pricing, Colour Opportunity – Lead the maximization of opportunities to commercialize on successful product elements and provide the right product to customers Assist in merchandising, developing, purchasing and managing a variety of products and brands for the Owned Brands segment with minimal direction.Knowledgeable in women’s contemporary brands, as well as current trends.Responsible for assortment selection consisting of planning, customer needs, trends,competitors and merchandising with minimal supervisionUnderstand/study sales history and inventory levels to evaluate what product is neededOversee all aspects of re-cuts, re-orders, and re-colors.Ability to follow calendar and key deadlines with minimal supervisionPartner with cross functional teams to set retails in order to hit margin goals.Oversee & approve post-po, fit issues, costing changes and delays with minimal supervision.Manage brand budget and category/skus with minimal supervision (with Macro budget in mind).Identify opportunities and risk in-season through analyzing sales performance.Work closely with internal Design and Product Development teams to ensure proper product mix being put into development as well as ability to provide feedback on construction, fabrication and fit.Train and support Assistant and Admin Buyers. This includes providing guidance to junior members on how to solve discrepancies & troubleshoot issues.Ability to balance multiple brands while thinking strategically with strong attention to details.Responsible for calculating and managing gross margin, turnover, and OTB.Reviews sales results to strategize timely mark-downs and manages old age inventories through strategic liquidation.Oversee and execute development and buying process.Manage buys, POs and order approvals in collaboration with upper management and analysts.Required Competencies:To perform the job successfully, an individual should demonstrate the following competencies:Ability to balance multiple brands and initiatives. Ability to effectively negotiate with vendors on RA’s, sell through guarantees and trade discounts.Ability to demonstrate critical thinking.Ability to work in a fast-paced environment with tight deadlines.Strong verbal and written communication skills.Strong analytical skills, good judgement, creativity and organization.Able to develop strong, synergistic relationships with a range of teams and personnel.Strong understanding and interest of industry trends.Minimum Qualifications:Bachelor’s degree in Fashion or Business preferred. 3-5 years of women’s Buying experience, preferably within the contemporary space. Work experience as a Buyer is required.Strong knowledge of and the ability to apply retail math concepts, including markup, margin planning, open to buy, and inventory productivity measures.Proficient in Email (preferably Gmail), Microsoft Office.A successful candidate works well in a dynamic environment with minimal supervision. At REVOLVE we all roll up our sleeves to pitch-in and do whatever it takes to get the job done. Each day is a little different, it’s what keeps us on our toes and excited to come to work every day. An estimated salary range for this position is: $80k-$90k annually. ATTENTION:After submitting your application, please check your spam folder for emails on your application status. Emails are sent from an ADP email address.