Soma · 2 days ago
Director, Merchandising (DMM) - Soma
Soma is a retail company with approximately 1,300 boutiques and outlets throughout the U.S. They are seeking a Director of Merchandising to develop and execute the division’s product strategy to drive financial objectives, while leading a cross-functional team and managing product assortment.
ApparelE-CommerceWholesale
Responsibilities
Leads a cross-functional team for a single Division and owns driving sales, margin, turn and growth for total company across both frontline and digital channels. Partner with Planning to develop pre-season strategies and assortment architecture for omni-channel business
Creates strategic vision for division aligned with company goals; supporting and directing Merchandising team and key cross functional partners on execution
Identifies growth opportunities in product categories. Partners with Design and Planning partners to ensure emerging trends and past performance learnings are incorporated into strategies
Manages pre-season and in-season assortment building and management including assortment development, selection, promotions, order management and assortment driving strategies
Sets pricing strategy and partners with planning on in-season pricing adjustments
Owns relationships and understands target customer. Collaborates with Design partners to ensure development of strong assortment
Partners with cross-functional team leaders to develop product and financial plans that reflect the brand’s overall key strategies
Partners with Design on the development of floor set concepts, key looks, and colors. Creates a compelling assortment that is driven by key items, outfits, and wearing occasions appropriate for the time of year
Utilizes a broader lens with Brand leaders to ensure a cohesive view of the line is presented to customer with a strong focus on outfitting
Demonstrates forward thinking ability; utilize knowledge gained from broader store/market travel and trend research to identify areas of opportunity for the brand
Develops compelling omni-channel marketing strategies to drive product assortment and KPI’s
Values individuality and the diverse talents of their team. Leads the team by communicating expectations, providing guidance, delivering feedback, and empowering the team to be their best
Qualification
Required
11+ years' experience in Merchandising and 4-6 years of management experience
Strong ability to build business strategies and implement shorter-term tactical plans that are cost-effective, efficient and realistic
Strong understanding of vertical retailing with product development experience
Possess a clear understanding of financial measurements and how to impact them
Demonstrate leadership ability in inspiring and motivating own team
Demonstrated consistent ability to drive financial results and goals
Strong interpersonal skills; excellent written and verbal communication including presentation skills
Excel at working cross functionally – strong influencing skills
Preferred
Bachelor's degree required, in related field from accredited university preferred
Company
Soma
Soma is an e-commerce platform that sells lingerie, bras, pants, swimwear, and sleepwear.
Funding
Current Stage
Late StageCompany data provided by crunchbase