Assistant Merchandiser

Company:  Fenwick
Location: London
Closing Date: 29/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Job Description

We're on the lookout for an Assistant Merchandiser to join our Womenswear Lingerie team. This role presents a thrilling chance to immerse yourself in the world of retail at Fenwick, contributing your skills and expertise to a dynamic and ever-evolving environment. Join us in shaping the future of fashion and retail!


Please note that this is a fixed-term opportunity until January 2025.


What’s in it for you?


When you join Fenwick, you’ll receive:


  • Up to 25% discount in all Fenwick stores and fenwick.co.uk.
  • 33 days annual leave, inclusive of Bank Holidays (pro rata for part time colleagues)
  • ‘Perks*’ - a great way to get Retail, Leisure & Hospitality discounts, exclusive deals, and cashback on a wide range of products.
  • WeCare -24/7 GP, wellbeing advice & support service.
  • Pension scheme.


We offer a salary of up to 33k dependant on experience.


So, more about our Assistant Merchandiser role…


As an Assistant Merchandiser, you'll play a pivotal role in securing the right quantities and assortment of products in each store, at the perfect price point, all to meet our sales and profit targets. Collaborating closely with our Merchandiser and Buying teams, your contributions will encompass setting and managing strategies, streamlining planning and trading, and identifying key trading opportunities that align with our long-term objectives.


Your responsibilities will extend to the meticulous management of our systems, particularly the WSSI's. You'll be integral in setting up, maintaining, and regularly updating sales, stock, intakes, and markdowns within these systems. Your analytical prowess will shine through as you continually review data, providing essential recommendations to the Merchandiser and Buying teams, contributing significantly to our strategic decision-making process. Moreover, your adeptness in planning and executing re-orders for continuity ranges will be essential in meeting our sales forecasts and stock targets.


As part of the team, you'll actively support the Merchandiser in optimising Open to Buy (OTB) planning, ensuring maximised full-price sell-through and reduced markdowns to enhance stock turnover. Through detailed monitoring of departmental performance metrics, including sales, stock levels, profitability, and promotional activity, you'll provide crucial insights and historical analyses to guide future strategies and enhance our decision-making processes. If you're ready to contribute your expertise in driving profit while minimising risk, this role at Fenwick could be the perfect fit for you!


What we are looking for in a candidate…


  • Excellent analytical and numerical skills
  • Demonstrated financial acumen in previous roles
  • Good commercial awareness of the industry
  • Developed communication, influencing and relationship skills.
  • Good working knowledge of excel and B+M systems – in particular WSSI’s, and Stock and Commitment processes
  • Able to make logical decisions under pressure
  • Able to manage time well to prioritise multiple workstreams/objectives
  • Innovative and uses initiative
  • Understanding of the purpose of a merchandising function
  • Experience within a buying/merchandising function


About Fenwick


Fenwick is rich with heritage and history and have been style pioneers since 1882 when our first store opened. We know luxury and are proud to remain the largest independent, family-owned group of department stores within the UK. We are on an exciting journey to exceed our customers' expectations and we are always on the lookout for new talent to join us.


Our collaborative spirit unites a workforce of over 2,000 individuals across our stores, as well as in our support functions, encompassing Digital, Buying & Merchandising, IT, Finance, People, Customer Service teams, and our cherished restaurants and distribution centres.

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