Lululemon

who we are

lululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. Setting the bar in technical fabrics and functional design, we create transformational products and experiences that support people in moving, growing, connecting, and being well. We owe our success to our innovative product, emphasis on stores, commitment to our people, and the incredible connections we make in every community we're in. As a company, we focus on creating positive change to build a healthier, thriving future. In particular, that includes creating an equitable, inclusive and growth-focused environment for our people.

about this team

As part of the North America Merchandise Planning team, you are responsible for category sales targets, markdowns, gross margin, turn, and open to buy management, for both pre-season plans and in-season management. You are an essential part of a cross functional regional team, collaborating with Merchandising, Finance, and Inventory Management.

The Planning team monitors regional/climate selling trends of style/colour/size to understand changes in trend, reacting to the business and incorporating insights into quantification of future-season buy strategies to maximize sales and mitigate risk. The priority is to understand and protect the guest experience through end-to-end execution of the product strategy that delivers profitable sales growth. 

core responsibilities

• Develop, communicate and execute financial plans and strategies that support the merchandising, marketing and financial objectives of the brand

• Develop assortment plans to the style-colour level by channel

• Develop sales projections and inventory flow for key items

• Present business results and actions in Merchandise Review meetings

• Reconcile tops down category financial plans to bottoms up style-colour plans

• Support the financial success of the brand by meeting sales, comp, gross margin, maintained margin and inventory turn goals

• Recommend seasonal merchandise flow strategies that maximize sales, profitability and customer expectations

• Analyze historical data and current trends to identify risks and opportunities to business and recommend strategies to achieve financial goals; conduct hindsight analysis to incorporate learnings into current and future plans

• Provide support to Merchandising to actively manage product assortment throughout the season (inventory, MDs, etc.)

• Lead pod workflow plans, providing guidance or coaching to Planners and Associate Planners as needed.

qualifications

• 5+ years of merchandise planning experience in the apparel industry [vertical retailer experience preferred], including 2+ years experience leading others.

• Omni channel experience highly desirable.

• Proven track-record of driving results; demonstration of strong financial & business acumen for inventory management.

• Strong ability to see the merchandise vision and translate into viable plans.

• Proven ability to work in a fast-paced environment & manage multiple priorities.

• Previous experience with merchandise planning / inventory management systems.

• Expert skills in Microsoft Excel.

must haves

• Acknowledge the presence of choice in every moment and take personal responsibility for your life.

• Possess an entrepreneurial spirit and continuously innovate to achieve great results. 

• Communicate with honesty and kindness and create the space for others to do the same. 

• Lead with courage, knowing the possibility of greatness is bigger than the fear of failure. 

• Foster connection by putting people first and building trusting relationships. 

• Integrate fun and joy as a way of being and working, aka doesn’t take yourself too seriously.

additional notes

Immigration support is potentially available for this role.

compensation and benefits package

lululemon’s compensation offerings are grounded in a pay-for-performance philosophy that recognizes exceptional individual and team performance. The typical hiring range for this position is from $119,200-$156,500  annually; the base pay offered is based on market location and may vary depending on job-related knowledge, skills, experience, and internal equity. As part of our total rewards offering, permanent employees in this position may be eligible for our competitive annual bonus program, subject to program eligibility requirements.  

At lululemon, investing in our people is a top priority. We believe that when life works, work works. We strive to be the place where inclusive leaders come to develop and enable all to be well. Recognizing our teams for their performance and dedication, other components of our total rewards offerings include support of career development, wellbeing, and personal growth:

· Extended health and dental benefits, and mental health plans

· Paid time off

· Savings and retirement plan matching

· Generous employee discount

· Fitness & yoga classes

· Parenthood top-up

· Extensive catalog of development course offerings

· People networks, mentorship programs, and leadership series (to name a few)

Note: The incentive programs, benefits, and perks have certain eligibility requirements. The Company reserves the right to alter these incentive programs, benefits, and perks in whole or in part at any time without advance notice.

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