Global Merchant, Women's Run Train - Vancouver, Canada - Lululemon
Description
who we arelululemon 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 Merchandising team creates and executes transformative global product strategies that ensure we have the right assortment in the right place at the right time to fulfill our guests' unmet needs to deepen our guest relationships, grow our brand and deliver on our long-term enterprise goals.
We possess deep awareness and intuition of global marketplace dynamics and guest needs and use this knowledge to identify opportunities to maximize guest demand.
A day in the life:
The Global Merchant is responsible for creating, curating and bringing product strategies and global product assortment to life through seasonal line plans based on guest insights that reflect global and regional market needs.
This person is a strategist who can partner with the Design and Product teams to ensure commercial viability across the global line delivered at Global Line Review to drive seasonal buying, brand and marketing activities.
The Global Merchant collaborates with partners across the business to ensure product needs associated with critical enterprise priorities are identified, planned for and executed against and ensure brand consistency and regional relevance to maximize profitability and sales across product classes, key items and channels.
Key Responsibilities:
Leads the successful creation, execution and maintenance of a line plan for assigned product categories that contribute to the financial success of the company
Deliver profitable assortments driving IMU and cost goals needed to meet and exceed targets
Develops Global pricing product architecture
Owns the pre-season planning process, breaking down roadmap stories into seasonal line plan and ensuring regional territory category needs are integrated, through ongoing partnerships with Regional teams
Ensure briefs are met throughout product creation process, from line plan through to regional handover
Brief colour flow for global assortment to ensure clear consistent profitable storytelling
Proactively gathers, analyzes and drives insight from the competitive landscape, global/regional teams and cross functional partners across all channels for pre-season planning and hindsights
Manage and create key franchises and product lifecycle for all styles in assigned product categories including introduction, build and retirement
Provides leadership and functional excellence for their respective activity/category merchandising and design partners to meet key Merchandising Go-To-Market deadlines
Communicate category assortment to all stakeholders to drive consistent Merchandising messages globally
Bring global storytelling to life in partnership with Brand and Marketing teams
Builds the architecture of the assortment in collaboration with Design and Product Development team
Review, validate and sign-off on sketches and protos against line plan brief ensuring all global guest needs are met and accountable for adoption ratio
Partners with Demand Planning and Sourcing teams to provide units and style volumes for global forecasting and vendor allocation
Be the voice of the guest and provide considered and clear feedback during fittings
Create and present global product visual flow and communicate seasonal assortment strategies quarterly to all regional partners.
Responsible for briefing content for packaging, product naming and features and benefits
Accountable for data integrity of the product
Responsible for global assortment handover to Regional Teams
Qualifications:
BA, BSc, BBA, BComm (or equivalent), specialization in Retail or Merchandising Management an asset
Minimum five years of Merchandising or Buying experience is required. Vertical retail and/or omni channel experience is preferred
Proficient in Microsoft Office Program and mastery in excel, preferred experience in Merchandising software and in Adobe Illustrator
Strong analytical skills with the ability to interpret multiple data points across numerous channels and market segments
Financial acumen and understanding of Retail Math
Ability to balance analytical and creative tasks
Acute eye for product and colour trends
Aware of macro lifestyle and fashion trends and how this relates to the active and wel
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