Description

ABOUT LOVESHACKFANCY

LoveShackFancy is a New York City-based lifestyle brand founded in 2013 by stylist, designer and creative director Rebecca Hessel Cohen. The brand originated from Rebecca’s desire to design the perfect bridesmaid dress for her own ethereal summer wedding at her family home in Bridgehampton, surrounded by swaying apple trees. From an initial collection of hand-dyed silk dresses, LoveShackFancy quickly gained a dedicated following for its charming pieces that whisper.

Role Overview

The Merchandise Analyst supports the Planning department and is responsible for, or will assist in, allocation and management of inventory, store level and eComm assortment strategies, promotions, markdowns, ad-hoc reporting, and other miscellaneous duties as assigned.

Key Responsibilities

Manage all aspects of replenishment business for both DTC stores and eCommerce by developing and executing allocation strategies to maximize sell thru and profitability.
Analyze sku and program productivity to ensure store turn and weeks of supply goals are met.
Manage and maintain Key Items ladders for 365 Heritage replenishment programs while considering model stocks and sizing needs.
Run weekly sales recaps and reports.
Create and maintain business overview decks
Collaborate with Cross functional team members on ad hoc projects and deliverables.

BUSINESS ANALYTICS

Analyze sales trends to ensure stores are in stock on core items, promotional product, new

programs, and seasonal merchandise.

Manage inventory levels by store and sku to support inventory plans, presentation levels and

capacity.

Management of slow-moving skus, with recommendations of permanent price action or

promotions.

Review and advise on product consolidation and transfer between stores and channels
Analyze warehouse stock position, flag and decide upon action as needed.
New store opening: Support and advise on product mix, availability of product based on inventory

and sizing needs.

Hindsight Analysis: Deep Dive and recap end of season final selling at the department and class

level.

Size Analysis: On a seasonal basis, analyze size selling at the store and class level to impact

allocation strategy and future buys.

OPERATIONAL AND AD HOC MERCHANDISING PROJECTS

Operations: Work with Logistics, VM, Retail Operations, and production for new collection launches and new store openings.
Work with logistics and production to track and understand timing of all product deliveries and recap status of goods.
Work closely with eCommerce & Marketing teams on product launches; advise delivery status of product to ensure marketing and new delivery launches are aligned with availability
Maintain seasonal receipt reconciliations
Seasonal Markdown reports and recaps: Partner with Cross functional team to identify markdowns and liquidation strategies on slow turning inventory.

This job description may not be inclusive of all assigned duties, responsibilities, or aspects of the job described, and may be amended at any time at the sole discretion of the Employer.

Skills, Qualities & Behaviours

Advanced expertise in Excel (Macro a plus) and PowerPoint (heavy excel workload)
Strong communication, leadership, collaboration, organization and follow-up skills
Strong attention to detail, quickly able to identify discrepancies in excel/data
Ability to prioritize multiple tasks effectively in a fast-paced environment
Ability to deliver tight deadlines while being diligent
Ability to think creatively when analyzing the business
Excellent communication skills and dedication to results
Ability to thrive in fast-paced environment with self-motivated mentality
Ability to operate all equipment and retail programs necessary to perform the job
Flexibility to react quickly to changing demands of business
Technical ability to lead merchandising software
Team player with strong interpersonal and communication skills
Self-starter and independently problem solver
Excellent time management and priority setting to maximize time effectively and efficiently
Perseverance and action oriented
Minimum 3 years professional experience; luxury and/or retail industry preferred

LoveShackFancy

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Merchandise Analyst