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The VP, Buying is responsible for creating and executing the division’s product strategies to meet or exceed financial plans. They will lead the product development & buying team with vision, structure and clear expectations to optimize all KPIs while elevating assortments and telling compelling brand stories in all DTC channels (Mainline, Outlet & Ecommerce).
The VP, Buying will lead, collaborate, and communicate closely with cross-functional teams to ensure all projects are moving towards the financial and calendar goals. In addition, with support of the SVP of Buying, they will orchestrate and influence the planning of the product development/buying with both internal and external product sources for women’s apparel & men’s & women’s accessories from strategy to store execution as one cohesive and on brand Calvin Klein assortment.
Responsibilities:
Directs buying to ensure adequate volume/inventory levels, integrity of quality and pricing, and to maximize all aspects of open to buy for the division
Lead team and collaborate with VP of Planning to build financial and product strategies to ensure execution will drive results
Represent the division for the specific categories the VP, Buying will manage in senior management meetings (WBR, seasonal strategy, assortment finalization, OTB, floorset, etc), presenting concise strategies and findings; must be able to sell and validate point of view with facts and analysis
Maintains a strategic focus on the business. Actively identifies long and short term plans to grow and decline classifications keeping in mind sku counts, productivity & store space/fixturing
Devises new and innovative business strategies for the division, driving bottom-line and top-line growth
Drives womens omni buying strategies behind business plans; works closely with planning to ensure all product opportunities are pursued and appropriately planned
In partnership with VP of Buying, will advocate for NA Retail specific business needs with internal stakeholders, Licensees (where applicable), 3rd party vendors by providing full transparency into business strategy, customer and assortments
Develop strategic alliances with Licensees (where applicable) and 3rd party vendors. Ability to source product accordingly to elevate the assortment while delivering competitive value to the customer
Ensure business/product needs specific to CK Retail are clear as internal product teams work directly with Licensees (where applicable) and 3rd party vendors
In partnership with VP of Buying, approve all proto/TOP samples with Licensees (where applicable) and 3rd party vendors, partner with design as needed to improve branding/execution
Builds relationships through effective collaboration & participates as a solution oriented leader and team member
Understands financial metrics to analyze entire division & can make recommendations on how to drive each business based on sales, history and market trends. Identifies how current trend will impact future results and guides team to adjust as needed
Leads their team & product teams to evaluate and drive results at the category and good better best level. Pushes the teams to reinvent the line, creating volume styles and franchises with a clear consumer POV
Provides timely direction and clear communication to all team and cross-functional partners
Focus assortments and stand for the important and meaningful segments of each business by store tier and climate profile
Understands directional womens competitive set and CK Global line; ability to translate into innovative, relevant product stories that will steal market share
Key point person for womens with creative teams (visual, windows, marketing) to drive product messaging, marketing and in-store presentation
Cultivate talent & mentor direct reports and assistants – conduct timely coaching sessions to provide feedback regarding growth & development for next level position
Clearly communicate expectations and implications. Ensure the team has all the tools needed to deliver on their responsibilities
Train, lead and develop the team while simultaneously empowering team and cross functional partners act as the leader of their individual departments
Foster an environment of continual training, development and trust
Build and maintain relationships with third party vendors/licensees, and strategically partner to deliver a differentiated product mix that meets financial goals
Demonstrates ability to manage up, down and across with successful results
Qualifications:
Bachelor's degree
Experienced merchant leader with diversified background in product development, planning/distribution, and visual merchandising
10+ years industry experience, with specific knowledge and expertise in vertical retailing environments & buying, merchandising or related role
Must have experience in driving a retail division in merchandising/buying
Comprehensive knowledge of current fashion/retail trends; ability to introduce innovative business ideas to the team
Prior management experience required; must have experience in successfully developing talent
Collaborative leadership style and strong cross-functional partnership abilities, particularly with design, marketing and planning
Must exhibit open and encouraging leadership style, a defined point of view
Strong presentation skills and ability to communicate womens omni brand strategy and vision across all levels of an organization
A well-organized and self-directed individual who is a team player
A high energy, roll-up-the-sleeves attitude with a positive approach to dealing with challenges
Balance of strategic business/analytical skills, creating merchandising and tactical execution
Proven track record of leading and growing a team
Outstanding leadership and people skills. Ability to manage up, down, and vertically
Ability to collaborate across functions and levels
High taste level – Experience working in elevated brand(s)
Must be able to multi-task in a fast paced environment
Must have a strong sense of urgency and ability to quickly prioritize workload
Excellent communication and analytical skills
Must be flexible to adapt to changing business trends and ad-hoc strategic initiatives. Must be able to communicate clearly and interact effectively with senior management and a variety of cross-functional partners from all disciplines. Must be able to lead process and influence partners at all levels of the organization including Global heads of Design and Merchandising
Fast-paced creative, changing environment. Must be flexible to shifts in priority and work hours
This position is not eligible for sponsorship.
Pay Range:$220,000 -$270,000PVH currently provides base salary ranges for all positions-on job advertisements-in the United States based on local requirements. These ranges are based on what PVH reasonably believes that it will pay an associate for their base salary for said position at the time of the posting. Individual compensation will ultimately be determined based on a variety of relevant factors including but-not limited to qualifications, geographic location and other relevant skills. PVH is committed to providing a market-competitive total rewards package to eligible associates, which includes diverse and robust health and insurance benefits to meet the varied needs of our associates and an above-market 401(k) contribution to help our associates save for retirement. We also offer career growth opportunities, empowering our associates to design their future at PVH.Additional Compensation: This role is bonus eligible. This role is equity eligible.
Your Wellbeing is Our Priority
At PVH, we offer competitive, cost-effective, and comprehensive benefit packages. We strive to provide options when it comes to your health, finances, and work-life balance. This includes:
Pay & Insurance: Competitive pay, bonus programs, best in class medical insurance, vision insurance, dental insurance, life insurance, disability insurance, and more.
401(k): An above-market 401(k) contribution to help our eligible associates save for retirement.
Flexible Workplace: Generous company-paid holidays, paid time off, hybrid working arrangements, volunteer opportunities, seasonal hours, and flexible work schedules.
Wellbeing Support: A variety of wellbeing tools and programs such as, Headspace membership, reimbursement for fitness memberships and/or digital meditation subscriptions, and the opportunity to earn up to $200 a year in rewards for exercising and participating in healthy activities.
Care.com Services: Access to services for childcare, elder care, adoption preparation, pet care, plus reimbursement for backup care when your regular plans fall through.
Education Assistance: Receive support for continued education including tuition reimbursement.
Associate Discount: Shop at our company outlets and e-commerce sites at a discount.
Please note, eligibility depends on employment status, location and length of time employed with PVH and our benefits may be subject to change. Applications will be accepted on a rolling basis until the position is filled.
About PVH:
We are brand builders who focus our passion and creativity to build Calvin Klein and TOMMY HILFIGER into the most desirable lifestyle brands in the world and at the same time position PVH as one of the best-performing brand groups in our sector. Guided by our values and enabled by our scale and global reach, we are driving fashion forward for good, as one team with one vision and one plan. That’s the Power of Us, that’s the Power of PVH+.
One of PVH’s greatest strengths is our people. Our collective desire is to create a workplace environment where every individual is valued, and every voice is heard, and we are committed to fostering an inclusive and diverse community of associates with a strong sense of belonging. Learn more about Inclusion & Diversity at PVH here.
PVH Corp. or its subsidiary ("PVH") is an equal opportunity employer and considers all applicants for employment on the basis of their individual capabilities and qualifications without regard to race, ethnicity, color, sex, gender identity or expression, age, religion, national origin, citizenship status, sexual orientation, genetic information, physical or mental disability, military status or any other characteristic protected under federal, state or local law. In addition to complying with all applicable laws, PVH is also committed to ensuring that all current and future PVH associates are compensated solely on job-related factors such as skill, ability, educational background, work quality, experience and potential.
To achieve these goals, across the United States and its territories, PVH prohibits any PVH employee, agent or representative from requesting or otherwise considering any job applicant’s current or prior wages, salary or other compensation information in connection with the hiring process. Accordingly, applicants are asked not to disclose this salary history information to PVH.