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Merchandise Manager
H&M
H&M New York, NY
Apply
$117k-154k (estimate)
Full Time 1 Week Ago
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H&M is Hiring a Merchandise Manager Near New York, NY

Company Description

At H&M, our purpose is to liberate fashion for the many. We want to shape a new world in Fashion. A world with one ultimate goal: to unleash your self-expression. As an H&M colleague, you're encouraged to be yourself & more. You'll take on new responsibilities from day one, learn skills for life, and find new ways to make your big dreams come true.

Our company is committed to fostering a culture of inclusion and belonging, and we actively seek colleagues who share our commitment.

Job Description

As a Merchandise Manager, you will spearhead the implementation of our merchandising strategy for your concept across various channels, including online, in-store, and emerging platforms within the region. You will lead a dynamic team of merchandising leads, collaborating closely with cross-functional teams such as Digital, Commercial and Visual as well as global counterparts in Business Units and Assortment Office to enhance customer satisfaction, optimize inventory, and achieve substantial revenue growth.

This hybrid role reports into our Regional Head of Merchandising and is based out of New York, NY, with the following direct reports: Merchandise Lead - Digital, Merchandise Lead - Retail.

A Day in the Life

Working at H&M means no two days are ever the same, but a typical day will include the following responsibilities*

Be a regional expert of your concept:

* Understand current and future customer and consumer product demand related to your concept

* Be the expert on your market, staying up to date with competitive landscape in terms of product: fashion, quality, price and activation

* Analyze product data and provide key actionable conclusions to the regional organization

* Visit physical stores and review digital platforms regularly to identify potential and follow up on commercial strategy implementation

* Be responsible for all information (quarterly priorities, commercial information, etc.) sent to Digital, Retail and Sales

Drive your concept - secure and optimize commercial product offer:

* Maximize short and long-term profitable growth for your concept in your region

* Adapt and implement a global assortment strategy aligned with the company's objectives and regional needs

* Optimize the Global assortment strategy to meet regional needs by defining key must wins in collaboration with the Assortment team

* Influence prices, quantities, incomings, assortment width, and manage regional product lifecycle through collaboration with the assortment team

* Optimize net selling by establishing clear commercial priorities per channel, by identifying and acting on the sales opportunities/threats

* Influence and execute the global product strategy from Business Units and Global Merchandising

* Localize the global price position for each country within the region

In-season and Post-season Inventory Management:

* Set stock freshness targets and key actions, react on in and post season inventory management

* Set strategy for commercial impact on key product categories omni (including different store segments) and act based on in season performance

* Follow up size availability on key product categories and commercial belief

* Set product activation strategy in and post season

Lead & develop your team

* Create conditions and coach to enable high performance of teams and individuals

* Identify and develop talents to build a high-performing and diverse team

* Foster collaboration across channels, roles, and functions

* Contribute insights to global & regional counter parts for commercial planning strategy discussions

Qualifications

Who You Are:

* University degree, preferably in Business, Economics/ Finance or similar

* MBA preferred

* 7 years of experience within merchandising, assortment office, controlling function or similar

* Previous formal or informal leadership experience

* Previous experience in product category management

* Knowledge in operating merchandising systems, tools, methods

* Strong in driving results and constantly improving ways of working

* Ability to link customer insight knowledge to commercial actions

* Deep understanding of products, stock and product lifecycle management

* Very good skills in MS Office, especially in Excel and PowerPoint

* Able to work independently and be self-motivated while still working within a team environment and fostering a strong team collaboration

* Flexibility and adaptable to change, a strategic mindset

* Oral and written proficiency in English

* Excellent communication and presentation skills

* Inclusive, positive, open to feedback, willing to multitask and learn on the job

Additional Information

Why You'll Love Working at H&M

* We value diverse backgrounds, including but not limited to race, ethnicity, gender, age, religion, sexual orientation, and disability

* We pride ourselves on being a values-driven organization, guided by our 7 unique values that have been part of our success story for over 75 years

* You'll have access to our Colleague Resource Groups (CRGs) to find community and networking opportunities among colleagues

* We are an inclusive company where you're encouraged to be yourself at work

* You will have access to a large global talent community, where career growth and aspirations have no limits

* We believe in supporting your overall wellbeing and offer comprehensive benefits inclusive of health insurance, wellness and family support programs, company match 401k, paid leave programs, and paid time off, including a community day to serve your local community

* You'll be able to express your personal style with our employee discount at H&M, &Other Stories, and COS

Compensation: salary range is $145,954-$167,851 annually

* This job posting highlights the most critical responsibilities and requirements of the job and is not all-inclusive. There may be additional duties, and responsibilities assigned for this job at the company's discretion.

H&M, in good faith, has assessed this posted range of compensation as the accurate range for this role and location at the time of this posting. H&M may ultimately pay more or less than the posted range depending on candidate qualifications. This range may be modified in the future.

EEOC Code: OFM

Job Summary

JOB TYPE

Full Time

SALARY

$117k-154k (estimate)

POST DATE

04/17/2024

EXPIRATION DATE

05/03/2024

WEBSITE

draintroughs.com

HEADQUARTERS

CINCINNATI, OH

SIZE

50 - 100

FOUNDED

1957

TYPE

Private

CEO

ROGER HELDMAN

REVENUE

$10M - $50M

INDUSTRY

Wholesale

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The following is the career advancement route for Merchandise Manager positions, which can be used as a reference in future career path planning. As a Merchandise Manager, it can be promoted into senior positions as a Merchandising Senior Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Merchandise Manager. You can explore the career advancement for a Merchandise Manager below and select your interested title to get hiring information.

Ulta Beauty
Other
$131k-172k (estimate)
3 Months Ago
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Other
$119k-157k (estimate)
9 Months Ago
Wildlife Conservation Society
Full Time
$61k-95k (estimate)
0 Months Ago

If you are interested in becoming a Merchandise Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Merchandise Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Merchandise Manager job description and responsibilities

Merchandiser manager sets direction for supervisory team and front-line staff to ensure the consistency of guest experience and all Merchandise locations; oversees complete event-related operations of designated areas including supervision of non-Merchand

01/15/2022: Eugene, OR

They work with vendors, designers, and other stakeholders to ensure that they have a wide variety of high-quality merchandise available at all times.

03/12/2022: Nassau, NY

With business administration and product management experience as a foundation they develop and maintain strong vendor relationships across global luxury brands, small artisanal vendors, and international brands offering luxury products connected to itine

03/12/2022: Clarksville, TN

Show confidence when resolving conflict and be wise at all time collaborates with other departments to execute departmental and organizational initiatives and compliance with city and state regulations.

01/21/2022: Milwaukee, WI

Merchandise Manager maintains a high level of integrity and role models a positive attitude and adherence to all Company objectives and goals; ensures that all team members are engaged, upbeat, and delivering an exceptional guest experience.

02/02/2022: Lancaster, PA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Merchandise Manager jobs

The most common undergraduate degree paths for merchandise managers are business, merchandising, marketing or economics.

02/02/2022: Casper, WY

Merchandise managers can capitalize on this trend by developing a strong understanding of digital marketing strategies.

01/11/2022: Pittsfield, MA

Staff education can also be a responsibility of the merchandise manager.

03/26/2022: Springfield, OH

Merchandising managers need to boost sales.

03/08/2022: Daytona Beach, FL

Must have a talent and creativity for new products and distribution channels.

02/04/2022: Boulder, CO

Step 3: View the best colleges and universities for Merchandise Manager.

College of the Atlantic
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