Fashion Nova
Manager, Merchandise Planning
Beverly Hills, CA · Exec
Sponsorship not specifiedDetected 55 days ago
Data AnalysisData VisualizationProduct ManagementStakeholder ManagementAccountingForecastingExcelSupply ChainERPInventory ManagementCadenceSensorsResearchLeadershipCommunicationMentoringNetSuite
About the role
- As the Planning Manager, you will serve as the financial architect of our product divisions, bridging the gap between creative vision and profitable growth.
Responsibilities
- Strategic Forecasting: Develop and manage pre-season and in-season sales, margin, and inventory plans at the category, class, and subclass levels, aligning them with top-down corporate financial goals.
- OTB Management: Own the monthly Open-to-Buy process
- Margin Optimization: Drive profitability by managing product lifecycle pricing, including initial markup (IMU), promotional strategies, and markdown cadence to hit Gross Margin (GM) and Gross Margin Return on Investment (GMROI) goals.
- Commercial Analysis: Analyze weekly, monthly, and seasonal sales performance, extracting actionable data trends to optimize in-season chase opportunities, re-orders, and order cancellations.
- Sleeve/Assortment Architecture: Partner with Buying to build profitable bottom-up assortment frameworks, ensuring the breadth and depth of the buy align with regional demand, trend forecasting, and historical performance.
- Data-Driven Decision Making: Leverage advanced reporting systems and Business Intelligence (BI) tools to build predictive models, dashboard analytics, and automated reporting structures.
- Accelerate inventory turns, manage weeks of supply (WOS), and develop strategic exit strategies for slow-moving liability inventory.
Requirements
- Minimum 5-7 years of progressive experience in eCommerce planning and inventory management with at least 1-2 years in a supervisory/management capacity.
- Bachelor's degree in Finance, Economics, Business Administration, Accounting, or a related quantitative field.
- Proven proficiency with modern planning software, ERPs, and BI platforms (e.g., NetSuite, Power BI, Looker, Tableau, RDW/SCM software).
- Exceptional ability to look beyond static numbers to understand the "why" behind consumer behavior and financial trends.
- A high degree of personal accountability with a "business owner" mentality-comfortable shifting strategies quickly in reaction to volatile market changes.
Nice to have
- Proven track record in a fast-paced environment (Off-Price, Fast-Fashion, or high-volume E-commerce preferred) managing an OTB of $50M+.
Skills
- Advanced Excel: Mastery of Excel (VBA, Power Query, complex nested logic formulas, macros) for deep data manipulation.
- Soft Skills
- Influential Communication: Strong negotiating and presentation skills
- Technology & Analytics Optimization
Compensation
- Today, Fashion Nova has amassed over 40 million social media followers, with annual sales of approximately $2 billion!
Benefits
- Flexible Paid Time Off (PTO).
- Comprehensive health insurance across Medical, Dental and Vision.
- 401k match, with immediate vesting upon eligibility.
- Weekly catered lunches & fully-stock kitchen pantry!
- Inventory Health & Turn: Monitor and maintain optimal inventory levels.
Company info
- Fashion Nova is the world's leading trend-to-market fashion and lifestyle brand with high-growth categories across its Women, Men, Kids and Beauty divisions. Renowned for delivering the most-wanted styles to millions worldwide, Fashion Nova earned the title of the Top 5 Most-Searched Fashion Brand on Google in 2022, alongside Louis Vuitton and Nike.
- Founder & CEO Richard Saghian launched the brand in 2006, from a retail location in Los Angeles. After multiple store openings, Saghian launched the e-commerce website for Fashion Nova in 2013, pioneering a disruptive social commerce model of affordable, on-trend, size-inclusive clothing online- powered by an innovative, social media-first marketing strategy.
- Today, Fashion Nova has amassed over 40 million social media followers, with annual sales of approximately $2 billion!
- The brand's name has been featured in chart-topping hit songs by Cardi B, Drake, 21 Savage, Saweetie, The Game, Tyga and Offset and its styles have been worn by many celebrities, artists and athletes including Meg The Stallion, Ice Spice, Chris Brown, Floyd Mayweather, Rick Ross, Kourtney Kardashian, and Kylie Jenner.
- Fashion Nova is the world's leading trend-to-market fashion and lifestyle brand with high-growth categories across its Women, Men, Kids and Beauty divisions.
- Renowned for delivering the most-wanted styles to millions worldwide, Fashion Nova earned the title of the Top 5 Most-Searched Fashion Brand on Google in 2022, alongside Louis Vuitton and Nike.
- Founder & CEO Richard Saghian launched the brand in 2006, from a retail location in Los Angeles.
- After multiple store openings, Saghian launched the e-commerce website for Fashion Nova in 2013, pioneering a disruptive social commerce model of affordable, on-trend, size-inclusive clothing online- powered by an innovative, social media-first marketing strategy.
- We are steadfast in our commitment to equal employment opportunities and pledge that these objectives are reflected in all aspects of our daily operations.
Equal opportunity
- Equal Opportunity Employer.
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