Retail Watch Buyer
CurrentResponsible for entire watch area, Fine watches, Branded watches and promotional fashion watches. Watch annual sales volume is approximately $11 million.Work directly with Divisional Merchandise Manager to create business plans and goals for developed watch department.Manage and analyze weekly business. Recognize opportunities to exceed business plans.Communicate merchandise concepts with advertising, planning and allocation, divisional leaders, marketing, and the internet.Create aggressive and competitive pricing structure, as well as, address aging inventory, while maintaining planned IMU, turn and gross margin.Work closely with vendors to identify current fashion trends. Ensure inventory is flowing as needed.Prepare floor plans, dispute space allocations, analyze inventory assortment, purchase orders and coordinate setup activity for all new stores.Direct and encourage selling team by offering selling incentives.