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About the Role

The Associate Planner will develop financial plans and monitor sales, inventory, and profit performance for the Outlet business. This role involves managing open-to-buy, analyzing merchandise assortments, and developing merchandising strategies in collaboration with the buying team.

Responsibilities

• Initiate analysis and develop financial strategy for a rapidly growing retail business across multiple classifications and channels (outlet stores, and ecommerce).
• Create seasonal, monthly, and weekly plans and forecasts for sales, inventory, markdowns and gross margin.
• Monitor performance and partner with buying team to develop merchandise strategies to achieve plans.
• Play an active role in making pricing recommendations.
• Initiate and develop actionable analysis to recap business by classification and subclass at a top-line as well as store level.
• Partner with buying team to create strategies to drive sales and achieve gross margin profitability.
• Manage and update monthly open-to-buy.
• Recommend buys based on thorough analysis of retail business prior to each market to achieve increased sales, profitability and sell-thru %.
• Provide suggested SKU count targets at a class and store cluster level.
• Analyze key item style performance and forecast inventory needs.
• Work with buying team and stores to analyze business by door to maximize sales and stock opportunities.
• Monitor flow of initial assortments as well as reorders to stores by classification and by style.
• Aid in allocation strategies to increase productivity and manage omni-inventory.

Requirements

• Bachelor’s degree in Business, Merchandising, Finance, or related field.
• Must have 3+ years’ experience in Retail Planning, Store Planning and/or Allocation
• Advanced Excel Skills
• Advanced Retail Math
• Strong analytical and creative problem-solving skills
• Ability to thrive in an entrepreneurial environment
• Detail-oriented with strong organizational and time management abilities
• Passion for fashion trends and consumer behavior.

Skills

• Advanced Excel Skills
• Advanced Retail Math
• Analytical skills
• Creative problem-solving skills
• Organizational skills
• Time management abilities
• Multi-channel planning experience

Location

• Outlet business

Work Type

• Full-time

Experience Level

• 3+ years’ experience

Education Level

• Bachelor’s degree

Salary/Compensations

• 75,000.00 - 85,000.00 USD

Benefits

• Generous Paid Time Off & Holiday Calendar
• Summer Fridays
• Internal Mobility Across Brands
• Cross-brand Discount
• Exclusive Employee Sales
• Fav 5 Cards (MK Discount for friends and family)
• 401k Match
• Paid Parental Leave
• Thrive Wellness Program
• Commuter Benefits
• Gym Discounts

About the Company

• Michael Kors is always interested in hearing from talented, globally-minded individuals with a passion for fashion.
• If you enjoy working in a creative, fast-paced environment, then we would love to hear from you!
• At Capri Holdings Limited, we are committed to providing a fair and accessible recruitment process.

Equal Opportunity

• The Company is an equal employment opportunity employer.
• The Company’s policy is not to unlawfully discriminate against any applicant or employee on the basis of race, color, sex, sexual orientation, gender identity, religion, national origin, age, military status, disability, genetic information or any other consideration made unlawful by applicable federal, state, or local laws.
• The Company also prohibits harassment of applicants and employees based on any of these protected categories.
• If you require a reasonable accommodation for the interview or application process, please contact our Talent Acquisition team at CapriTalentAcquisition@CapriHoldings.com.