Official Specifications
Role Overview & Mandate
Executive Summary
Since launching in February 2011, MR PORTER has established itself as the world’s leading, award winning online destination for...
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Since launching in February 2011, MR PORTER has established itself as the world’s leading, award winning online destination for men’s style, with an unparalleled product offering from the best menswear and luxury brands, including categories that range from fine watches and lifestyle through to own labels Mr P. and Kingsman.
MR PORTER produces unmatched digital and printed content across its shoppable online magazine, The Journal, and its bi-monthly newspaper, The MR PORTER Post. In 2019, MR PORTER founded MR PORTER Health In Mind, a content and fundraising initiative in partnership with Movember, developed to raise awareness around men’s mental and physical health.
We offer express worldwide shipping to more than 180 countries, including same-day delivery to New York, London and Milan, while providing a seamless shopping experience across mobile, tablet and desktop, with easy returns and multi-lingual customer care and personal-shopping teams who are available 24/7, 365 days a year.
The Merchandising team here at THE NET-A-PORTER GROUP LTD are now seeking a talented Junior Merchandiser to join the team based in our offices in London, Shepherds Bush. Reporting into the Merchandiser, you will be tasked with supporting the team in all aspects of the merchandising process to plan, forecast and trade a department, which ties in with the MR PORTER strategic direction, maximizing the profit opportunities for the company. Some of the essentials for you to know are:
Location: Our Westfield office in Shepherd's Bush
Reporting into: Merchandiser
Direct reports: 2
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 too
- 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:
- With the support of the Merchandiser, work with the Buying team to plan by brand, category, price and size, the seasonal OTB and ensure it is monitored closely in season and comes within budget
- Work with the Buying team to establish a balanced range of merchandise suited to the customer profile of the company. Working together to make recommendations for changes and improvements to maximize sales potential and profit within the company
- Negotiate with suppliers to secure exclusive ranges and brands, optimising the profit margin
- Ensure intake business margin is maintained and proactively improved season on season
- Manage WSSIs and create seasonal weekly forecasts which are in line with business KPIs
- Produce seasonal analysis that can be used to make strategic decisions within the Merchandising & Buying teams and throughout the business
- Monitor sell-through and deliveries of all vendors and making decisions based on performance of brands and products
- Ensure the department’s sales, profit, spend and closing stocks are accurately reported
- Be innovative and open to forecasting upcoming trends
- Familiarise oneself with local and overseas market situations and trends
- Manage department markdowns, margins and closing stocks ensuring maximum profitability
- Work closely with internal stakeholders to strive to improve existing processes
- Manage the business relationship with suppliers to maximize sales and profit
- Communicate accurate information to internal Sales and Marketing teams for use in the production of marketing plans
- Always demonstrate and reinforce the YNAP Vision and Values and providing the necessary leadership to gain commitment from the team (owning, retaining, and developing your talented team and business)
- Identify and execute ways to increase team member’s loyalty, satisfaction and pride with the YNAP experience
- Reinforce the company message to the team and reinforce the need to drive profitability at MR PORTER through the merchandise mix and full price sell through
- Provide coaching to ensure that direct reports can meet and exceed the requirements of their role
- Identify and facilitate opportunities for additional training for the team
- Monitor and review performance of direct reports, identify individuals who are ready for promotion or require performance improvement plans
- Take appropriate corrective action with team members who fall below standard (in consultation with HR Department)
- Complete and present performance appraisals based on defined goals and objectives for their team members in a timely manner
The type of person we are looking for:
- A track record of creating positive impact on business through merchandising
- Good judgement and decision-making skills
- Confidence in suggesting calculated risks
- Strong market and customer awareness
- Passionate about product, with good brand awareness
- Professional, with excellent communication skills
- Ability to meet stringent deadlines
- Confidence to deal with/present to colleagues at all levels of the business
- Strong negotiation skills
- A sense of humour and a passion for the MR PORTER customer and bran
From the moment you join the YOOX NET-A-PORTER 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.
YOOX NET-A-PORTER GROUP 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: Associate
Workplace Type: Hybrid
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