VP, DMM, Fine & Fashion Jewelry at Saks Fifth Avenue | NY, US | Rezi

VP, DMM, Fine & Fashion Jewelry at Saks Fifth Avenue

VP, DMM, Fine & Fashion Jewelry

Saks Fifth Avenue · NY, US

4 days ago

VP, DMM, Fine & Fashion Jewelry

Saks Fifth Avenue · NY, US

5 days ago
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About the Role

The Vice President, DMM will lead the development and execution of merchandise strategies for designated divisions/categories, translating broader strategies into category-specific plans and aligning product assortment with company goals and local market nuances. This role drives collaboration across Buying, Planning, Stores, Marketing, and Digital to achieve financial goals, focusing on client obsession, brand partner negotiations, distribution, activation, pricing, promotions, and markdown decisions.

Responsibilities

  • Collaborate with the SVP, GMM Leader to translate broader merchandising and divisional strategies into actionable category-specific strategies and tactics.
  • Orchestrate the execution of merchandise strategies by partnering closely with Buying, Planning, Stores, and cross-pillar teams.
  • Ensure product assortment is aligned with category strategies and meets customer demand.
  • Ensure smooth in-take of high value merchandise, repairs processing, box & certificate management, data alignment for special orders & trunk shows, and overall safe and accurate merchandise management.
  • Ensure product assortment and activation plan aligns with market trends, customer demands, and category strategies.
  • Continuously analyze product performance to optimize assortment strategies and drive profitable growth.
  • Focus on development of plans to drive case line productivity.
  • Develop productive replenishment strategies.
  • Manage asset, consignment, drop ship and cash advance models with Accounts Payable.
  • Support the SVP, GMM Leader in vendor negotiations, ‘world of’ discussions, and top-to-top meetings.
  • Lead styling and merchandising for semi-annual, jewelry dedicated NM Bejeweled Book and annual Saks Fine jewelry Book.
  • Define and execute the pre-season and in-season roadmap with Head Of Buying Leaders and Planning Leads.
  • Determine final pricing, promotional strategies, and markdown decisions with Buying and Planning teams.
  • Identify exclusive leads and launches with brands.
  • Lead, inspire, and align buying teams around a shared vision and strategic direction.

Requirements

  • Bachelor’s degree in Business, Retail Management, or related field.
  • 10+ years of experience in retail merchandising, buying, and brand partnership management.
  • Proven track record of leading cross-functional teams and driving strategic initiatives at a senior level.
  • Strong leadership skills with the ability to inspire, align, and lead teams to achieve business objectives.
  • Extensive experience in brand negotiations, vendor management, and translating broader strategies into actionable plans.
  • Deep understanding of retail merchandising, buying, and planning processes.
  • Strong financial acumen, with experience in managing pricing, promotions, and markdown decisions.
  • Ability to thrive in a fast-paced, dynamic environment while managing multiple priorities effectively.
  • Excellent communication, presentation, and interpersonal skills, with the ability to influence stakeholders at all levels.
  • Customer-centric thinker who is “art” led, and “science” informed.
  • MBA or advanced degree preferred.

Skills

  • Merchandising
  • Buying
  • Brand Partnership Management
  • Cross-functional Team Leadership
  • Strategic Initiatives
  • Brand Negotiations
  • Vendor Management
  • Retail Merchandising
  • Retail Buying
  • Retail Planning
  • Financial Acumen
  • Pricing Strategy
  • Promotional Strategy
  • Markdown Management
  • Client Obsession
  • Communication
  • Presentation
  • Interpersonal Skills
  • Stakeholder Influence

Location

  • Dallas strongly preferred

Work Type

  • Full-time

Experience Level

  • 10+ years of experience
  • Senior level

Education Level

  • Bachelor's degree in Business, Retail Management, or related field
  • MBA or advanced degree preferred

Salary/Compensations

  • $241,000 - $312,000

Benefits

  • Medical insurance
  • Dental insurance
  • Vision insurance
  • 401(k) retirement plan
  • Basic life insurance
  • Supplemental life insurance
  • Disability insurance
  • Variety of additional voluntary benefits (critical illness, hospital and accident insurance)
  • Employee discount

About the Company

  • Exemplar Luxury Group, formerly Saks Global, is the luxury collective uniting coveted brands with unrivaled customer experiences across Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman.
  • Driven by a relentless devotion to our customers and powered by our talented colleagues, we offer expertly curated product assortments, unparalleled service and personalized experiences across our integrated retail model.
  • Through strong partnerships with the world's most desired luxury brands and deep customer relationships enhanced by data-rich insights, Exemplar Luxury Group is committed to setting the standard of excellence for luxury retail.

Equal Opportunity

  • Exemplar Luxury Group is an equal employment opportunity employer and is committed to providing reasonable accommodations to applicants with disabilities.
  • If you are interested in applying for employment with Exemplar Luxury Group and would like to request special assistance or an accommodation, please contact candidatesupport@exemplarluxury.com.