Job Purpose: 

To efficiently curate and introduce a selection of merchandise that is relevant to seasonal trends and aligns with the company’s strategic direction whilst maximizing profit opportunities.

Key Accountabilities:

In addition to following Lane Crawford Group’s policies and procedures, key accountabilities include, but are not limited to:

• Assist the buying team in achieving seasonal sales, sell through and profit targets based on the seasonal business plan
• Monitor sales and stock levels to attain seasonal target and increase stock turn rate for own bought brands.  Identify reorder opportunities in order to capture any potential missing sales opportunities
• Be responsible for the maintenance and control of aged stock
• Gain in depth feedback from stores in order to establish a balanced range of merchandise suited to the customer profile of each store
• Determine pricing strategies for products/suppliers based on market reviews, competitor positions, and supplier financials
• Maintain a leading position in the market of products in its own category
• Be innovative and to forecast upcoming trends by leveraging social media, industry experience, and attending industry workshops and conventions
• Demonstrate a desire to understand and communicate the latest trends and to customers and other stakeholders
• Negotiate with suppliers in a tough but fair manner to secure exclusive products / brands and optimize the profit margin
• Provide monthly updates to relevant stakeholders on key costs and expenses related to buying
• Monitor the performance of all suppliers, give timely feedback and handle issues related to supply and product quality
• Work closely with Visual Merchandise and Marketing to deliver the correct image to the end customer through the correct channels
• Train sales staff in all aspects of the merchandise, including product knowledge and visual presentation.  Manage vendor relationship to ensure that the relevant information is shared in a timely manner
• Identify and execute ways to increase team member’s loyalty, satisfaction and pride with the Lane Crawford Group experience
• Provide on the job coaching to ensure direct reports are able to meet and exceed the requirements of their role
• Monitor and review performance of direct reports with the Senior Buyer/ Merchandise Manager
• Recognize, reward and celebrate success with the team, stores and vendors

Requirements:

• 5 years or above in buying experience, preferably with multi-brand experience and specializing in luxury footwear and leather goods
• Fluent command of English oral and written skill, and proficient Cantonese / Mandarin preferred
• Strong negotiation and presentation skills
• Expert excel skills and advanced PowerPoint skills preferred
• In depth understanding of market trends, brand desirability and upcoming launches
• Strong team worker - Independent, flexible, creative, and passionate about fashion

Due to the rapidly changing COVID-19 pandemic situation in Hong Kong as well as to ensure the health and safety of all our staff, all new employees will be required to be vaccinated; if any candidates are offered a role, candidates must be vaccinated by their start date (unless he/she is medically exempted). At The Lane Crawford Joyce Group we support our staff with a range of benefits that reflect the importance we place on the well-being of our staff. In addition to a competitive salary, discretionary bonus, annual leave, provident fund, staff purchase privileges, insurance, medical and dental coverage, we provide shuttle buses, various recreational activities, Staff Assistance Programme and the best in-class Training and Development. All information provided will be treated in strict confidence and used for recruitment purposes only.

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IN LANE CRAWFORD

The Leading Light for the Global Asian Luxury Customer.