Senior Merchant, VS Bras

Why You Belong Here At Victoria’s Secret & Co, you’ll join a world-leading specialty retail brand recognized globally for innovation and excellence in lingerie and fashion. You’ll work alongside industry leaders to set the standard for what a retail brand can achieve, placing customers at the center of everything we do to create products and experiences that bring them joy. We believe everyone deserves a place where they truly belong. We celebrate individuality and know that your passion, experience, and unique perspective strengthen our team and business. Here, you’ll be empowered to perform, grow, and engage through unmatched opportunities to develop your skills, gain real-world experience, and learn from the best in the business. Description Your Role: The Senior Merchant drives sales & margin growth across books of business that are complex and/or diverse. They strategize seasonal assortment plans based upon a detailed knowledge of the brand, intimate understanding of the customer, and studied appreciation of the competition and overall market. He/she critically evaluates the assortment and reacts to in-season sales and current trends accordingly and translates to future seasons. They work closely with planning, stores ops, marketing, and visual to ensure the brand vision is consistently executed for their books of business and the right product distortions are communicated to create a one-of-a-kind in-store shopping experience. They must possess strong leadership skills as he/she is ultimately responsible for driving cross-functional communication and motivating the team to be customer-focused, innovative, fast and team-oriented in their work. The senior merchant prioritizes workload and plays an active role in training merchant talent within the company. They demonstrate smart risk-taking in investment strategies and merchandise point of views and share best practices and key learnings with other categories. Your Impact Leadership and Strategy Align book of business strategy to total omni-channel strategy and supports vision of growth Demonstrate a holistic approach and champion cross-category alignment and partnership Contribute to the success of the category through developing and driving seasonal strategies that meet or exceed the financial goals Drive category business by “outside of the box” thinking that connects the lines between financial patterns and market/store insights to identify growth opportunities Represent category in key cross-functional meetings, driving prioritization and distortion Customer Oversee customer intimacy and competitive intelligence activities for a thorough understanding of the client and competitive landscape to recommend and initiate new product development for launch and fashion product Collect and filter customer intimacy insights and drive to actionable next steps to impact assortment strategy. Maximize customer experience by driving execution of all sales education, marketing, and visual requests for the product category (pre-season and in-season) Understand the customers lifestyle by staying on top of trends, social media, and pop culture as it specifically relates to the collegiate customer. Develop strategy behind store and campus visit schedule for category team and manage travel budget associated with that strategy. Product Attend Concept and Kickoff meetings each season to cascade seasonal roadmaps to the broader cross-functional team Own reviewing and approval of color/size/store investments and recommended action plans Work with partners (design, sourcing, production) to create and execute product details that correlate with the positioning of the brand, trend and opportunity Maximize customer experience by driving execution of all sales education, marketing, and visual requests for the product category (pre-season and in-season) Understand competitive environment; proactively seek market knowledge through exposure to competitive retail outlets Lead weekly cross-functional WIPS meetings Work with Production & Planning to influence sourcing/speed strategies & to ensure execution Financial Accountable for sales and margin targets for their book(s) of business Responsible for book(s) of business that are critical for the success of the business and highly impact the bottom line Develop lineplan architecture by season and align with Planning partners in lineplan reviews to present to Senior Leadership. Ensure price-value relationship is in line with client expectation Understand product trends and historical data at the category level in order to manage in-season opportunities Partner with deployment, space planning and demand forecasters to ensure the right product is in the right stores Communicate Seasonal Line Plan to Design team, depending on structure of the Merchant team Actively involved with Marketing/PR to develop strategies to incubate new businesses Collaboration Lead day-to-day communication between all members of the team Develop and maintains effective working relationships with members of cross-functional teams by owning weekly cross-functional meetings Act as a key liaison between design, production and planning partners Understands and appropriately navigates communication to key partners at varying levels; understands audience for communication and edits accordingly. Influences Design partners on strategic intent of product development through customer insights and financial detail. Talent Train, motivate and develop team to ensure effective performance and growth through consistent on-the-job training Act as a role model within the company by coaching and teaching team members to work together and remain focused At least one direct report Demonstrates mentoring and strong leadership to the Junior Merchant team Minimum Salary: $132,100.00 Maximum Salary: $171,600.00 VS&Co provides a range of compensation for this role as shown. Your actual salary will be determined by a number of factors, including: your specific skills and experience, geographic region, or other relevant factors. Qualifications Your Experience: College degree or equivalent experience 5+ years with Brand Development and Merchandise Buying with 1-2 years of management experience Multi-category experience preferred Successful track record for high volume, or complex, business growth and bottom line results Ability to innovate change through visionary thinking Excellent taste level with proven talent to create a cohesive fashion viewpoint Solid management experience and proven leadership to inspire a team with unquestionable integrity and trust Possess strong presentation, listening, verbal and written communication skills Intimate understanding of competition, target customer and the brand specific fashion trends. Ability to mentor and train associate and assistant merchants Ability to adapt well to diverse audiences and environments Systems savvy We will consider for employment all qualified applicants, including those with arrest records, conviction records, or other criminal histories, in a manner consistent with the requirements of any applicable state and local laws. Please see links: California Fair Chance Act, Los Angeles Fair Chance Initiative for Hiring Ordinance, Philadelphia Fair Chance Law, San Francisco Fair Chance Ordinance, Los Angeles County Fair Chance Ordinance An equal opportunity employer, we do not discriminate in hiring or terms and conditions of employment because of an individual’s race, color, religion, gender, gender identity, national origin, citizenship, age, disability, sexual orientation, marital status or any other protected category recognized by state, federal or local laws. We only hire individuals authorized for employment in the United States. #J-18808-Ljbffr Victoria’s Secret & Co.