Merchandising Manager

Responsibilities

• Lead a team in managing the entire buying process for the HK & Macau markets


• Formulate and develop annual/seasonal buying strategies and budget proposals to achieve sales, profit, and inventory targets


• Develop OTB planning, budget and forecast, merchandise mix, and assortment planning


• Create buying plans based on category ratio and allocate the appropriate merchandise to the right locations and channels


• Implement effective stock replenishment, inventory control, competitive pricing, potential markdowns, and margin control strategies to optimize sales targets


• Collaborate closely with retail operations, marketing, and visual merchandising departments to monitor sales trends and formulate sales and marketing strategies


• Conduct regular analysis of buying and selling reports, including reviewing sales, inventory, profit, and OTB budgets versus actual performance by channel and division. Evaluate the achievability of budget targets for future seasons using the OTB tool


• Stay updated on market trends and sales performance in merchandise categories


• Ensure achievement of volume, gross margin, and profit goals through effective merchandise selection, buying, timing, and promotion


• Regularly visit shops and attend overseas trade shows

Requirements

• DSE / Form 5 or above


• Minimum 5 years of solid experience in retail or wholesale fashion buying, with 3 years at a supervisory level


• Good understanding of retail operations, product cycles, and fashion retail knowledge for the Hong Kong and Macau markets


• Excellent fashion and market sense in fashion apparel, footwear, bags, and accessories


• Excellent communication and negotiation skills


• Strong analytical mind, sensitivity to figures, and good analytical and reporting skills


• Self-motivated, passionate, and possess leadership skills


• Proficient in MS Word and Excel


• Good command of spoken and written English, Cantonese, and Mandarin


• Occasional travel required