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in New York, NY

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Hours Part-time, Full-time
Location New York, NY
New York, New York

About this job

COMPANY OVERVIEW

For over a century, Neiman Marcus Group has served the unique needs of our discerning customers by staying true to the principles of our founders: to be the premier omni-channel retailer of luxury and fashion merchandise dedicated to providing superior service and a distinctive shopping experience in our stores and on our websites. Neiman Marcus Group is comprised of the Specialty Retail Stores division, which includes Neiman Marcus and Bergdorf Goodman, and our international brand, mytheresa.com. Our portfolio of brands offers the finest luxury and fashion apparel, accessories, jewelry, beauty, and home décor. The Company operates more than 40 Neiman Marcus full-line stores in the most affluent markets across the United States, including U.S. gateway cities that draw an international clientele. In addition, we operate 2 Bergdorf Goodman stores in landmark locations on Fifth Avenue in New York City. We also operate more than 40 Last Call by Neiman Marcus off-price stores that cater to a value oriented, yet fashion minded customer. Our upscale eCommerce and direct-to-consumer division includes NeimanMarcus.com, BergdorfGoodman.com Horchow.com, LastCall.com, and CUSP.com. Every day each of our 15,000 NMG associates works towards the goal of enabling our customer to shop any of our brands "anytime, anywhere, and on any device." Whether the merchandise we sell, the customer service we offer, or our investments in technology, everything we do is to enhance the customer experience across all channels and brands.

DESCRIPTION

This position is responsible for selecting the finest and most distinctive product in their area of buying responsibility that meets the high standards of quality and best suits the needs of our customers. The Buyer must also produce sales growth and meet or exceed the annual financial objectives.

Essential functions include:

  • Establish and maintain vendor relationships

  • Negotiate buying terms with vendors

  • Manage inventory levels in partnership with the Planning team

  • Lead and develop Assistant Buyer

  • Establish cross-functional relationships in order to effectively grow and maintain business and financial expectations

  • Develop short and long term strategies and execute effectively

QUALIFICATIONS

  • 5-7 years' luxury retail buying experience
  • Bachelor's degree from a four year college or university
  • Strong understanding of merchandising financials
  • Strong management and team building skills
  • Excellent negotiation skills required
  • Must be decisive, strategic, and possess the ability to maximize opportunities through skillful inventory management