Assistant Buyer - Jewelry & Watches


Company Background:

Gilt Groupe provides invitation-only access to high-end fashion and luxury brands at highly discounted prices. The company currently works with a roster of nearly 400 up-and-coming and established brands in the women's, men's, children's, beauty, and home fashion categories.

Gilt Groupe was founded by an experienced team with proven track records at successful luxury fashion companies. Gilt Groupe is a fully funded company and is currently based in the vibrant Chelsea neighborhood in New York City.

 

Primary Responsibilities:


•    Supporting the jewelry team in the product selection that sets Gilt Groupe apart from all competition

•    Going on “buys” on a weekly basis

•    Managing the Purchase Order (PO) process between Gilt Groupe and the respective brand

•    Creating the Purchase Order (PO) for each buy or consignment deal with a vendor (retail, wholesale, Gilt cost and Gilt retail prices needed)

•    Describing merchandise to be sold eloquently and effectively well in advance of a sale

•    Delivering creative assets from the brand to Gilt Groupe’s Creative Team in a timely manner (images, press kits, reel assets, samples for photo shoots when possible)

•    Assisting in negotiating buying terms with vendors (price, quantity, delivery terms, and markdown $)

•    Presenting new brand recommendations regularly to Merchandising Team

•    Keeping abreast of industry trends and new product ideas by reading fashion magazines and visiting stores

•    Building relationships with brands

•    Attending to brand needs with respect to Gilt Groupe’s website

 

Requirements:


•     3 years’ buying experience

•     Self-starter, ambitious in nature

•     Love of fashion, avid reader of fashion publications

•    Strong understanding of merchandising financials and the ability to mange profitability

•    Knowledge of “Open to Buy” process

•    Experience in costume/bridge jewelry and watches strongly preferred

•    Experience in investment banking or consulting industries is welcome

•    Ability to analyze reports and draw conclusions/recommendations

•    Ability to remain flexible and willing to change strategies, as business needs dictate
•    Ability to lead teams effectively and create an exciting workplace

 

For consideration for this position, you must indicate code ME-0021-PK in the subject line of your email.

If interested, please send your resume to [email protected]