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Manager, Regional Merchandising
<strong>Requirements<br><br></strong><strong> Description & Requirements <br><br></strong><strong> who we are <br><br></strong>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.<br><br><strong>About This Team<br><br></strong>The Merchandising team creates and executes transformative global product strategies that ensure we have the right assortment in the right place at the right time to fulfill our guests’ unmet needs to deepen our guest relationships, grow our brand and deliver on our long-term enterprise goals. We possess deep awareness and intuition of global marketplace dynamics and regional guest needs and use this knowledge to identify opportunities to maximize guest demand.<br><br><strong> a day in the life <br><br></strong>The Manager, Regional Merchandising is accountable for the creation and execution of the regional merchandising strategies and omni channel approach for the season. The Manager drives the delivery of region-specific insights to the Global Merchandising team to inform product strategies, inclusive of financial goals, metrics, local product, cultural and guest insights, to service their regional market needs. This individual is accountable for driving the build out and management of their class strategies and assortment plans collaborating with Planning to execute seasonal regional buys against global product and financial goals.<br><br>The Manager, Regional Merchandising is responsible for the development of their team members to deliver product needs that reflect brand consistency and regional relevance to maximize profitability and sales across product classes, key items and channels. The Manager continuously develops team members to be analytical thinkers to draw critical business conclusions and champions collaboration with cross-functional partners throughout the product lifecycle for in-season execution and management of their product category through weekly business analysis, corresponding actions, open-to-buy and product exit. This individual can adjust the game plan with agility working with teams to drive sell strategy and deliver product intent across all guest touch points, including visual merchandising, retail and digital experience.<br><br><strong>Key Responsibilities<br><br></strong><ul><li>Responsible for overseeing a team of Regional Merchants who report directly to the Manager. The Manager inspires, coaches and guides their team members to develop their skills and deliver on business priorities. The Manager supports employee development plans and performance management. </li><li>Accountable for creating regional merchandising strategies and omni channel approach for the season (department and class) and gathers regional cross functional input- VM, Digital, E-Comm Initiative/updates/capabilities, to help inform regional strategies</li><li>Accountable for developing, creating and driving the management of their class strategies and assortment plans</li><li>Guides their team in creating a product assortment that reflects brand consistency and regional relevance, maximizing profitability and sales across product class, key items and channels</li><li> Provides insight to inform strategies such as store opening plans by country </li><li>Accountable for leading their team in collating and presenting Regional insights (guest, products, market trends) </li><li>Accountable for delivery against capacity targets and guest profiles</li><li>Collaborates with Planning Leaders to execute seasonal regional buys against global product and financial goals</li><li>Updates and refine visual flow for region based on assortment updates/changes</li><li>Accountable for leading their team in preparing and presenting for Buy Reviews (incl. strategies, attributing, investments, flow, etc.) </li><li>Approve adopt/drop decisions submitted by the team, based on assortment updates/changes </li><li>Approve regional pricing product architecture submitted by the team</li><li>Accountable for leading their team in validating buy accuracy, resolving MOQ (minimum over quantities) issues and partnering with Global teams to ensure Buy Ready issues are solved</li><li>Throughout each buy cycle partner with VM, Digital and Store Planning to inform and execute against initiatives and regional strategies. </li><li>Approves changes submitted by the team to targeted in-store date and options to maximize flow</li><li>Support in OTB conversations and align with Planning on Class targets</li><li>Review business each week/month/season, delivering recaps and actions based on insights and inventory composition, including collating and presenting colour hindsight/shareback to Senior Leaders and Global Merch <br><br></li></ul><strong>Qualifications<br><br></strong><ul><li>BA, BSc, BBA, BComm (or equivalent), specialized in Retail Management an asset</li><li>Minimum eight years of experience, combination of people management and industry experience in vertical retail and omni channel experience is required</li><li>Experience and proven ability in coaching, mentoring and leading a team of direct reports</li><li>Proficient in Microsoft Office Program and mastery in excel, proficiency in merchandising software</li><li>Strong analytical skills with the ability to interpret multiple data points across numerous channels and market segments </li><li>Mastery of retail mathematics, including elements of markup, margin, planning, open to buy and inventory productivity </li><li>Ability to balance analytical and creative tasks </li><li>Strong understanding of season-to-season business performance and ability to drive business based on key financial indicators in order to maximize business opportunities </li><li>Acute eye for product and color trends</li><li>Aware of macro lifestyle and fashion trends and how this relates to the active and wellness industry</li><li>Strong knowledge of regional guest base in order to curate assortment for geographic region </li><li>Ability to enroll, lead and influence key cross functional partners</li><li>Strong communication skills both written and verbal and demonstrative ability to present to Senior leadership</li><li>Ability to work independently to make sound business decision, and multitask, pivot, prioritize competing tasks and operate in a fast-paced environment </li><li>Willingness to travel (domestic and international) and work on the retail floor<br><br></li></ul><strong> must haves <br><br></strong><ul><li> Acknowledge the presence of choice in every moment and take personal responsibility for your life. </li><li> Possess an entrepreneurial spirit and continuously innovate to achieve great results. </li><li> Communicate with honesty and kindness and create the space for others to do the same. </li><li> Lead with courage, knowing the possibility of greatness is bigger than the fear of failure. </li><li> Foster connection by putting people first and building trusting relationships. </li><li> Integrate fun and joy as a way of being and working, aka doesn’t take yourself too seriously. <br><br></li></ul><strong>Additional Notes<br><br></strong>Immigration support is potentially available for this role.<br><br><strong>Compensation And Benefits Package<br><br></strong>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 $129,600 - 170,100 CAD 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 and subject to program eligibility requirements. <br><br>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<br><br><ul><li> Extended health and dental benefits, and mental health plans </li><li> Paid time off </li><li> Savings and retirement plan matching </li><li> Generous employee discount </li><li> Fitness & yoga classes </li><li> Parenthood top-up </li><li> Extensive catalog of development course offerings </li><li> People networks, mentorship programs, and leadership series (to name a few) <br><br></li></ul>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.<br><br><strong>workplace arrangement <br><br></strong>Hybrid<br><br>In-person collaboration and connection is important to our culture. Work is performed onsite, minimum 4 days per week.<br><br> MM1<br><br>