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Senior Buyer @THE OUTNET bei Ynap

Ynap · London, Vereinigtes Königreich · Hybrid

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 THE OUTNET is the online destination for luxury fashion from previous seasons. Since 2009, it has showcased style that lasts, by offering past-season womenswear and menswear, including exclusive capsules, from world-leading designer brands. THE OUTNET brings joy through its curated world of luxury fashion, featuring exceptional styles that transcend seasons, at up to 70% off. Extending the life of luxury beyond the current season is at the heart of its mission, further enhanced through its Considered edit of more responsible fashion and dedicated upcycled product collaborations. THE OUTNET is part of LuxExperience, the leading digital, multi-brand luxury group. 

THE OUTNET are now seeking a talented Senior Buyer to join the team. Some of the essentials for you to know are:

Location: Our office in Westfield

Reporting into: Head of Buying

Besides a competitive salary, we can offer you:

  • Performance bonus schemes dependent on the type of role you are in
  • A pension that both you and the company contribute to
  • A portal with an array of discounts on things like theme park and cinema tickets
  • Our famous staff discount along with exclusive staff sales
  • Private healthcare for you and your family
  • Flexible working
  • A chance to be part of a fun and caring team that support each other

Here is a breakdown of what you’ll be doing:

  • Responsible for the global buy budget and buy strategy for the department
  • Responsible for negotiation of all trade terms, conditions and deliveries to ensure consistent and flow of stock to maximize sales and margin and mitigate operational costs
  • Negotiate with suppliers in a tough but fair manner to secure exclusive ranges/brands and optimize the profit margin
  • Managing and flexing OTB within Brands to hit the quarterly targets but remaining opportunistic and driving the best possible return for the OTB
  • Proactive continuous global product sourcing in an opportunistic environment, developing existing relationships and fostering new relationships, including international travel
  • Strong knowledge of the luxury market to identify new brand and product opportunities, implementing strategies to increase the buy and secure new brands
  • Maintain and develop best position with vendors to insure we are the exclusive or first point of call for any off-price activity
  • Strong relationship with the Merchandise team; analyse weekly reports and work with Merchandiser to review risks and maximise opportunities   
  • Monitor deliveries and performance of all vendors and take decisive action to deliver targets
  • Up to date competitor knowledge within both off price and full price to ensure THE OUTNET is the premier off price destination
  • Developing and presenting product and brand strategies internally to all relevant teams, including Marketing, Upload and Editorial to ensure we are meeting our global customer demand
  • Management and development of Buy team including regular feedback and focus on the team development and motivation to retain talent
  • Feedback on department to Buying Manager and Head of Buying

The type of person we are looking for:

  • Significant commercial experience gained in a Buying role
  • Extensive relevant experience in luxury fashion retailing within a multi-brand environment
  • Entrepreneurial spirit with the creative flair to drive a business forward
  • Proven commercial experience of trading in a fast paced and reactive environment
  • Proven track record of creating positive impact on business through buying strategy
  • Good judgement and decision making skills with confidence in suggesting calculated risks.
  • Off price experience not necessary but must demonstrate an enthusiasm and interest in off-price
  • Exceptional people management experience.
  • A proven track record of networking, negotiation skills
  • Highly numerate with strong analytical skills
  • Excellent communication skills
  • Desire to be the best and provide exceptional customer value and experience.
  • Extremely well-organised, methodical and efficient with the ability to self-motivate and drive initiative
  • Embodies our values of FABRIC- Drive, Trust, Style:

DRIVE: We build lasting impact with courage, commitment, pace, while having fun

TRUST: We create an inclusive and harmonious environment founded on fairness, humility and mutual respect

STYLE: We do everything with honesty, authenticity and integrity

From the moment you join the LuxExperience Group we are committed to making your journey with us inspirational and evolutionary. If you are passionate, committed and thrive in a collaborative and fast-paced environment, then please apply with a CV.

LuxExperience is an equal opportunities employer, we encourage people with a diverse range of backgrounds to apply. We recognize and celebrate the benefits that diversity brings to our workplace, our business and our customers. We welcome and will consider all applications regardless of race and nationality, religion, color, sex, pregnancy or related medical conditions, parental status, sexual orientation, gender identity, gender expression, age, status as an individual with a disability, or any other legally protected characteristics.

 

If you require any reasonable adjustments to complete your application, please do not hesitate to advise us accordingly.

Experience Level: Mid-Senior level

Workplace Type: Hybrid
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