About Zegna

Following the path traced by the founder Ermenegildo over 110 years ago, ZEGNA is now internationally recognized as a leading global luxury menswear brand. Established as a fabric maker in the mountains of Piedmont, ZEGNA is part of the Ermenegildo Zegna Group, which counts more than 6,000 employees. Managed by Gildo Zegna as Chairman and CEO, Ermenegildo Zegna Group designs, creates, and distributes luxury ready-to-wear and accessories under both the ZEGNA and Thom Browne brands to over 500 stores. The Group also operates TOM FORD FASHION through a long-term license agreement with The Estée Lauder Companies Inc. to over 100 stores. As of 30th September 2023, ZEGNA has 403 stores of which 242 are directly operated. The brand remains committed to leveraging its rich heritage to build a better present and future.

YOUR OPPORTUNITY

As an Allocator based in the New York Corporate office you will play a key role within the Merchandising team. Reporting directly to the Senior Merchandising Manager, you will support ongoing analysis and business trends. Partnering closely with the team, you will pro-actively determine business needs to address conditions and help drive sales and reduce inventory.

Responsibilities

The role provides fundamental support in all areas of Planning. The core responsibilities of this position include, but are not limited to, the following:

Allocating & Buying

Manage and maintain replenishment tools adhering to model stocks, WOS targets, and store requests
Update allocation sizing tools and communicate monthly store allocations
Reconcile Demand Forecast and Transfer Orders in relation to markdown, RTVs, unmet orders, and demand shifts
Monitor merchandise availability and communicate issues proactively to team.
Recommend Demand shifts, ATS and quantities by SKU for replenishment items based on individual store performance
Monitor merchandise availability and communicate issues proactively to Buyers, IT, and Logistics
Perform weekly allocations to the Retail Stores to ensure proper goods coverage in line with their capacities that supports financial targets
Provide daily and weekly updates on business as it relates to the latest forecast, identifying trends, and highlighting selling that exceeds or falls short of expectation
Monitor seasonal performance for accurate assortment planning

Operations

Analyze and forecast receipt management and execute consolidations
Monitor business trend vs BDG/FC, identify risk and opportunities, and deploy action plan
Set priorities and parameters for weekly replenishment
Cross Functional Reporting
Influence and educate Retail organization about core strategies and insights to engage stakeholders to support optimization of business opportunities
Consistently provide feedback to enhance team's skillset and performance
Partner with managers to align cross-functional objectives and best practices
Develop and maintain cross-divisional relationships
Communicate opportunities where management support is needed on initiatives and strategies
Travel as Required

Qualifications

Ideally 1+ years experience in allocation or planning
Expert command of retail math concepts, applications, and statistical analysis
Demonstrated problem solving skills, adaptability/flexibility, and initiative
Excellent communication, teamwork, analytical thinking skills
Comfortable working in MS Excel and experience navigating multiple systems and large sets of data
Occasional travel

Who You Are

Detail-oriented person who can multitask
Excellent communication, teamwork, analytical and strategic thinking skills
Ability to interact and report on business with cross functional teams and across multiple levels of management
Inquisitive and open to trying innovative ideas
Enjoys fast-paced retail environments
Strong Excel skills required
Strong strategic thinking and analytical skills with ability to understand quantitative data with accuracy
Must be able to multi-task, prioritize and adapt to fast-paced, dynamic environment.
Compensation for this role ranges from $80,000-$85,000 annually.

Zegna jobs

Retail Allocator