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About the Role
The Senior Buyer is responsible for strategically building a business plan for their department, leading the creation and delivery of a profitable, commercial range that maximizes sales while achieving profit parameters. This senior leader provides high-level vision and mentorship to the team, ensuring performance is maximized across the brand.
Responsibilities
- Develop short-term and long-term department objectives for strategic sourcing to maximize currency rate fluctuations, reduce product return rates, and decrease markdowns.
- Identify and focus on key department issues and opportunities to drive overall brand profit performance.
- Propose brand and product development initiatives outside of the department based on economic, social, and fashion trends.
- Anticipate the commercial impact of decisions on the brand and wider business.
- Lead the team in proposing seasonal direction, range structure, price architecture, and critical paths.
- Influence peers and management regarding newness, unknown trends, and styling.
- Build a commercial and inspirational range by identifying key trends from catwalks, street style, and influencers, adapting them for the specific brand customer.
- Review and plan future supplier strategy with Merchandising and Design, identifying new sourcing requirements and optimizing the use of trials and late buys.
- Present range proposals effectively in selection meetings to gain senior management commitment.
- Negotiate prices and agree on supplier contracts to meet departmental targets and margin requirements.
- Manage and attend weekly trade meetings, identifying late buys and reacting to sales to ensure the range remains commercial.
- Build and maintain strong relationships with suppliers to effectively manage issues such as quality, costs, and late deliveries.
- Appraise the supply base in conjunction with Technical and Design teams to make recommendations on the future direction of the business.
- Manage and motivate the team (including Assistant and Junior Buyers) to maximize performance through regular reviews and coaching.
- Deputize for the Buying Manager/Head of Brand.
- Delegate tasks effectively to ensure workload is appropriately distributed and deadlines are met.
- Actively seek and build relationships outside the immediate circle to gain insight into competitor activity and share findings with the team.
- Challenge existing processes and deliver improvements to drive the business forward.
Requirements
- Comprehensive experience in high-level buying across multiple fashion categories.
- Proven experience in strategically managing and developing a team of direct reports.
- Demonstrable ability to operate at a senior management level, managing significant commercial P&L accountability.
- Strong leadership, interpersonal, and team development skills.
- Excellent negotiating skills and the ability to manage complex supplier relationships.
- Strong analytical skills and a profit-focused mindset.
- Ability to travel as required for supplier visits and trend sourcing.
Skills
- Strategic sourcing
- Trend analysis
- Negotiation
- Supplier relationship management
- Team leadership
- Interpersonal skills
- Team development
- Analytical skills
- Profit-focused mindset
Location
- London
Work Type
- Full-time
Experience Level
- Senior
Benefits
- 25% off most NEXT, MADE, Lipsy, Gap and Victoria's Secret products (when purchased through NEXT)
- 10% off most partner brands & up to 15% off Branded Beauty
- Hot deals and exclusive offers from over 3,500 retailers through online benefits platform
- Company performance based bonus
- Early VIP access to sale stock via Direct to Desk
- Life assurance
- Sharesave scheme
- Annual Travel Card Loan
- Sample Sales
- Fantastic L&D opportunities
- Flexi-Hour Scheme
- Direct to Work - Discount online and instore, collect items the next day for free from place of work or local store
- Support Networks - Access to Network Groups to empower and celebrate each other
- Wellhub - Discounted flexible monthly gym memberships, with apps, PT sessions and more
About the Company
- Lipsy is a London-based fashion brand that’s bold, dynamic, and always evolving.
- We create trend-led designs with a signature feminine edge, blending sophistication with unapologetic glamour.
- From statement-making eveningwear to effortlessly chic everyday looks, every piece is designed to make women feel confident, empowered, and unstoppable.
- The Lipsy woman knows what she wants - she’s ambitious, stylish, and ready to own every moment, whether she’s commanding the boardroom or turning heads at an exclusive event.
Equal Opportunity
- We aim to support all candidates during the application process and are happy to provide workplace adjustments when necessary. Should you need support with your application due to a disability or long-term condition, feel free to get in touch with us by email careers@lipsy.co.uk (please include 'Workplace Adjustments' in the subject line), or call us on 0207 436 2000 and leave a voicemail.