Job Details
**Forever 21,** is an American fast fashion retailer headquartered in Los Angeles, California. Originally known as Fashion 21, the first store was founded in Los Angeles on April 16, 1984. Forever 21 is known for it's trendy offerings and low pricing. The company offers fashion for women, men, and children, fashion accessories, shoes, beauty products, and home goods.
Forever 21 continues to be a fashion industry leader with a mission to make the latest trends accessible to all. F21 persists on staying ahead of innovation and providing styles and fit that our customers love. While reinventing for now and beyond, we're seeking passionate and creative new family members to join us on this adventure! F21 continues to operate E-Commerce and 450 locations across the U.S. along with maintaining a strong brand DNA with consumers and within the fashion industry.
In February 2020, Forever 21 came under new ownership made up of Simon Property Group, Brookfield Property Partners, and Authentic Brands Group. Under this new ownership F21 has the financial strength and long term view that will prepare us for the future, while continuing to set the same high standards as it always has. Join our team and learn the inner sanctum of the global fashion industry, while we build the new **Forever 21!**
Please note that when you apply for a job with Forever 21, we collect your name, address, phone number, email address, previous work experience, references and other personal information about your background and experience. Forever 21 values your trust and is committed to the responsible use and protection of personal information. California applicants should refer to our notice in accordance with California Civil Code Sec. 1978.100(b) located .
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**Job Details**
**Global Merchandiser - (38419)**
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Job Title Global Merchandiser Location LOS ANGELES, CA US 90031 - Los Angeles, CA 90031 US (Primary)
Group (Job Type) HQ-Corporate Career Level Experienced (Non-Manager) Education Associate Degree Category Buying & Merchandising Job Description Position: Global Merchandiser - 284
Department: Buying
Reports to: Manager, Merchandising
Direct Reports: No
FLSA Status: Exempt
Location: 3880 N Mission Los Angeles, CA 90031
With new owners and strong leadership, Forever 21 is evolving into what can only be described as a well known retail turnaround! Now owned by SPARC Simon Property Group and Authentic Brands Group, 2020 was a year of reconstructing the foundation of this popular fashion brand to deliver amazing products that our customers expect to be trendy, relevant and value to them.
We're implementing new strategic priorities across the company, determined to make Forever 21 a place where top technologists, creatives, and merchandizers will come to make their mark on the future of fast fashion retail with an enhanced commitment to sustainability and community engagement.
We welcome anyone to apply who has big ideas and is willing to roll up their sleeves to make those ideas a reality. There are no "ivory tower" roles at Forever 21. From the C-Suite to the Brand Associates, we're making our transformation happen together. If youre obsessed to serve our customer, if you elevate any team you work on, and if you are passionate about fashion, we want to hear from you!
Job Purpose:
The Global Merchandiser is responsible for developing a financially sound assortment plan for the companys wide selection of merchandise. The Global Merchandiser will maintain a designated collection of items and work to create a cohesive merchandise mix to optimize sales volume and profitability based on emerging market trends, past sales/revenue, and established assortment strategies.
Deliverables:
Devise seasonal merchandise plans by monitoring weekly sales, analyzing style performances, and market trends; fill assortment plans, ensuring that merchandise concepts are aligned with assortment strategies
Coordinate with cross-functional partners in Production, Design, and Trend in order to make sure designs are adoptable, costs are measured, and concepts are clearly defined
Clearly communicate to Buyers and Product Development teams key-item-buys to achieve open-to-buy goals and margins for designated items
Partner with the Trend team to devise seasonal concepts and to identify exploitable/emerging trends
Participate in weekly open-to-buy meetings with Planning & Allocation to ensure the achievement of financial targets, including turn and sell-through goals
Review weekly sales performance numbers to identify potential re-order opportunities and styles that require markdowns
Conduct weekly analysis of stock-to-sales ratio by merchandise category, identifying trending and underperforming lines and best sellers to provide actionable recommendations to buyers for improving merchandise mix
Perform competitor and market analysis by researching competitors price points, promotional campaigns, and emerging trends in colors, materials, and categories
Assist Buyers in analyzing and selecting seasonal buys to optimize the product mix for each market and store
Job Requirements Knowledge, Skills, and Qualifications:
Must have a Bachelors or Associates degree in Fashion, preferably Fashion Merchandising
Must have at least 4-5 years of merchandising experience with a successful track record of high volume business growth and bottom line results
Must possess the ability to understand and act upon financial retail indicators such as sales, gross margin, inventory productivity, sell-through and turn
Must have high fashion intelligence and a broad-based business acumen
Acute fashion sense with proven ability to envision and interpret fashion trends
Must possess excellent verbal and written communication skills
Must have a strong desire to work in the fashion industry and demonstrate an ability to identify and foresee fashion trends
Must have strong proficiency in Microsoft Excel for reporting and analysis
**What we Expect**
* Customer Obsession; you know who *your* customer is and working in service to them is working in service to our end consumer.
* Commitment to Top Talent; you are passionate about working with the best possible people. You know how to attract them, develop them, and teach others to do the same.
* Retail is Detail; the details tell the real story! You are obsessed with quality product, quality experience, quality regardless of the segment of the company that your role occupies. Even if you find some details challenging, you know who to ask for backup because what is most important is that your customer has the most excellent experience possible.
* Entrepreneurial Spirit; your work is not just your job, its your passion. You have *and act on* ideas about how to make your role, your department, and the company a better place. You know why you want to be part of building Forever 21s future, are a highly collaborative and resourceful individual who can function at a high level, and are committed to collaborating every day.
Forever 21 will consider qualified applicants with criminal histories for employment in a manner consistent with the requirements of the Los Angeles Fair Chance Initiative for Hiring, Ordinance NO. 184652.