Buyer - Los Angeles Area

Buyer - Los Angeles Area

VICI is the ultimate shopping destination for the modern fashionista. Our assortment covers women's apparel, accessories, footwear, and handbags. We offer an on-trend assortment with capsule-like weekly drops, featured shops, influencer collaborations, and curated daily drops focused on our customers' lives and the styling inspiration they need. Much of our assortment is exclusive and made with our customers' shopping preferences and feedback top of mind. We buy and design sophisticated, trend right, and modern styles we know our customers will love.

What started as a small family-owned business, has grown since its start in 2012, to a brand with a strong online and social presence. Affordability, quality, and customer service are at the center of our brand and we always strive to ensure our customers are satisfied with their VICI experience. From opening our Nashville retail store to launching pop ups in Newport Beach and Venice Beach, VICI is increasing its retail footprint to bring more awareness to the brand. We are just getting started and excited about what the future holds!

Summary / Objective :

The Buyer is responsible for developing, executing, and communicating an Assortment Architecture that speak to the Vici customer through relevant trends and exceptional price value. This role is integral to driving sales and profit plan and requires a highly collaborative individual who thrives on agility in a cross-functional role. The buyer is responsible for the creative vision of the company coming to life through impeccable product execution.

Essential Functions :

The Buyer will be responsible for a commercially sound product strategy and assortment plan that will be representative of the VICI Customer tastes and needs :

• Have expert knowledge on the VICI customer and competitor activities; maintains a strong pulse on current trends and the fashion zeitgeist.
• Partners directly with vendor on product development to support a strategic exclusive assortment in conjunction with buying off vendor in-line and responsible for 2,500+ skus per year.
• Develop and execute a merchandise assortment plan that supports the financial, merchandising, and marketing objectives for seasonal product concepts, key items, promotional strategies and assortments mix.
• Set product and category level pricing recommendations and strategies to align with financial plans.
• Deliver to OTB goals- sales, inventory, cost, sku and margin objectives.
• Proactive about making vendor appointments to fill gaps in the assortment.
• Drives business recaps, performance and forward-looking action plans :
• Recommend styles for markdowns.
• Analyze and manage in season performance keeping a pulse on customers' needs and emerging trends and read and react to weekly business; utilizes learnings to inform in-season and future season actions, strategies, assortments and chase including but not limited to, reorders, assortment cancels, edits, discounts, swaps and adds which involve vendor negotiations.
• Hindsight performance post-season to identify hits and misses and build future season strategy.
• Partner with Site Merchandising to determine featured categories and products to support sales and inventory initiatives.
• Positively influence cross-functional teams to hit category goals by effectively communicating important ideas at weekly, monthly and quarterly meetings.
• Build and maintain strong vendor relationships :
• Actively source and propose new vendors to executive leadership in order to fill assortment voids and keep product capability innovative and on trend.
• Drive Vendor Negotiations across product quality, purchase quantity, landed cost, and delivery (and RTV's) while ensuring vendor relationships stays positive.
• Proactive about making vendor appointments to fill gaps in the assortment.
• Educates vendor on VICI processes in order to drive efficient appointments and order writing process.
• Lead and develop junior buying team members, effectively communicating priorities and ensuring workflow management delivers to deadlines.
• Maintain operational excellence by ensuring strong focus on delivering on-time assortment by completing necessary workstreams and being proactive about troubleshooting as needed.
• Travel as needed.

Competencies :

Deep experience in women's apparel, with a proven track record of delivery to company KPI's

Passion for and understanding of the Vici customer and how to best serve her.

High taste level, with broad market and fashion knowledge, ability to translate trends into commercially viable revenue streams.

Excellent analytical, time management and organization skills; meticulous attention to detail

Demonstrates a high degree of personal and professional integrity

Thrives working in a fast-paced agile environment with shifting priorities

Ability to work collaboratively across different groups to advance company objectives.

Skilled at communicating and negotiating clearly both verbally and in writing

Excellent problem-solving skills; willingness to think out-of-the-box to resolve issues

Strong analytical skills; demonstrated proficiency working with large data sets

Comfortable working with large data sets as well as within systems like Net Suite and Shopify.

Ability to read, write, speak and understand the English language fluently, and communicate verbally and in writing at a professional level

Demonstrated knowledge and proficiency with Microsoft Office (especially Excel), Mac and Google products

Knowledge of standard applications (Slack, Office365, Chrome, etc.)

Work Environment :

Works in an indoor office / home office environment, temperature controlled

Sit for long periods, standing and walking intermittently

Use office equipment such as computer, mouse, keyboard, printer

Occasionally lift up to 20 pounds and may have to manage hung samples.

Education and Experience :

Bachelor's Degree in related field (or equivalent work experience)

4-6+ years prior experience in retail / ecommerce merchandising and buying

Expected Hours of Work :

This is a full-time position Hybrid with 3 days in office per week (Tuesday through Thursday) requirement

$90,000 - $100,000 a year

VICI is committed to growing and empowering a more inclusive community within our company, and industry. That is why we hire and cultivate diverse teams of the best and brightest from all backgrounds, experiences, and perspectives. VICI is an equal opportunity employer and dedicated to diversity and inclusion in the workplace. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender identity, sexual orientation, age, marital status, pregnancy status, veteran status, or disability status. We believe that a variety of perspectives will make our teams and business stronger.