Manager, Merchandise Planning

ABOUT US

Fashion Novais the worlds leading trend-to-market fashion and lifestyle brand with high-growth categories across its Women Men Kids and Beauty divisions. Renowned for delivering the most-wanted styles to millions worldwideFashion Novaearned the title of the Top 5 Most-Searched Fashion Brand on Google in 2022 alongside Louis Vuitton and Nike.

Founder & CEO Richard Saghian launched the brand in 2006 from a retail location in Los Angeles. After multiple store openings Saghian launched the e-commerce website for Fashion Nova in 2013 pioneering a disruptive social commerce model of affordable on-trend size-inclusive clothing online powered by an innovative social media-first marketing strategy.

TodayFashion Novahas amassed over 40 million social media followers with annual sales of approximately $2 billion!

The brands name has been featured in chart-topping hit songs by Cardi B Drake 21 Savage Saweetie The Game Tyga and Offset and its styles have been worn by many celebrities artists and athletes including Meg The Stallion Ice Spice Chris Brown Floyd Mayweather Rick Ross Kourtney Kardashian and Kylie Jenner.

As the Planning Manager you will serve as the financial architect of our product divisions bridging the gap between creative vision and profitable growth. You will own the end-to-end strategic planning forecasting and inventory management processes to maximize sales optimize margin and mitigate inventory risk. This role requires a blend of rigorous data analytics high-level financial acumen (OTB mastery) and collaborative leadership to guide cross-functional partners (Buying Design and Supply Chain) toward shared company targets.

• Strategic Forecasting: Develop and manage pre-season and in-season sales margin and inventory plans at the category class and subclass levels aligning them with top-down corporate financial goals.

• OTB Management: Own the monthly Open-to-Buy process; proactively identify risks and opportunities and recommend strategic shifts in receipt flow or pricing controls to maximize profitability.

• Margin Optimization: Drive profitability by managing product lifecycle pricing including initial markup (IMU) promotional strategies and markdown cadence to hit Gross Margin (GM) and Gross Margin Return on Investment (GMROI) goals.

• Commercial Analysis: Analyze weekly monthly and seasonal sales performance extracting actionable data trends to optimize in-season chase opportunities re-orders and order cancellations.

• Inventory Health & Turn: Monitor and maintain optimal inventory levels. Accelerate inventory turns manage weeks of supply (WOS) and develop strategic exit strategies for slow-moving liability inventory.

• Sleeve/Assortment Architecture: Partner with Buying to build profitable bottom-up assortment frameworks ensuring the breadth and depth of the buy align with regional demand trend forecasting and historical performance.

• Data-Driven Decision Making: Leverage advanced reporting systems and Business Intelligence (BI) tools to build predictive models dashboard analytics and automated reporting structures.

• Process Scale: Transition manual planning processes and legacy Excel sheets into scalable automated workflows to increase departmental efficiency and speed-to-market.

• Market Insights: Conduct competitive market research and white-space analysis to identify emerging customer demands and structural growth opportunities.

• Strategic Alignment: Collaborate weekly with the Vice President Buying Counterparts Design and Visual Merchandising to ensure a unified product and financial strategy.

• Team Management: Direct mentor and develop a team of Associate/Assistant Planners fostering a culture of continuous learning analytical reasoning and data transparency.

• Stakeholder Communication: Translate complex financial data and inventory constraints into clear narrative-driven strategies for non-finance executive leadership.

• Experience: Minimum 57 years of progressive experience in eCommerce planning and inventory management with at least 12 years in a supervisory/management capacity.

• Education: Bachelors degree in Finance Economics Business Administration Accounting or a related quantitative field.

• Retail Context: Proven track record in a fast-paced environment (Off-Price Fast-Fashion or high-volume E-commerce preferred) managing an OTB of $50M.

• Advanced Excel: Mastery of Excel (VBA Power Query complex nested logic formulas macros) for deep data manipulation.

• BI & ERP Systems: Proven proficiency with modern planning software ERPs and BI platforms (e.g. NetSuite Power BI Looker Tableau RDW/SCM software).

• Analytical Reasoning: Exceptional ability to look beyond static numbers to understand the why behind consumer behavior and financial trends.

• Agility & Ownership: A high degree of personal accountability with a business owner mentalitycomfortable shifting strategies quickly in reaction to volatile market changes.

• Influential Communication: Strong negotiating and presentation skills; able to push back on buying/creative teams with data-backed narratives to maintain financial guardrails.

• NEW state-of-the-art HQ in Beverly Hills!
• Formalized career paths for continued professional growth.
• Flexible Paid Time Off (PTO).
• Comprehensive health insurance across Medical Dental and Vision.
• 401k match with immediate vesting upon eligibility.
• Weekly catered lunches & fully-stock kitchen pantry!
• Opportunities to travel for trade shows and vendor meetings.
• Summer Fridays Early Departure.
• Team bonding events and programs.
• Attractive employee discounts!

Fashion Nova LLC and subsidiaries thereof is an Equal Opportunity Employer. We are steadfast in our commitment to equal employment opportunities and pledge that these objectives are reflected in all aspects of our daily operations. We will continue to recruit hire train and advance in employment qualified individuals in all job titles without regard to race color national origin gender sexual orientation gender identity religion age status as a protected veteran criminal history or status as an individual with a disability; and shall not discriminate against any individual any such characteristic nor any other classification protected by local state andor federal law.