Trading Analyst (FTC)
Tapestry
- Location
- Greater London, GBR (United Kingdom Corporate Office)
- Employment
- Contract
- Work model
- On-Site
- Level
- Mid
- H-1B history
- 18 approvals (FY2023)
- Posted
- 18h ago
About this role
Since its launch in 1993 with a collection of six essential handbags, Kate Spade New York has always been colorful, bold, and optimistic. Today, it is a global lifestyle brand that designs extraordinary things for the everyday, delivering seasonal collections of handbags, ready-to-wear, jewelry, footwear, home décor, and more. Known for its rich heritage and unique brand DNA, Kate Spade New York offers a distinctive point of view and celebrates communities of women around the globe who live their perfectly imperfect lifestyles. Kate Spade New York is part of the Tapestry portfolio – a global house of brands committed to stretching what’s possible. A member of the Tapestry family, we are part of a global house of brands that has unwavering optimism and is committed to being innovative and wholly inclusive. Visit Our People page to learn more about Tapestry's commitment to equity, inclusion, and diversity. Primary Purpose: The Trading Analyst supports the strategy and decision-making of pricing, discount, and promotional activity for Kate Spade’s European Outlet and Retail business. Partnering closely with Buying teams, this role analyses the impact of pricing and promotions on sales and margin and provides insights and recommendations to optimise performance within agreed discount rates. The Analyst also executes price changes and works closely with Finance, Store Operations, and Store teams to ensure accurate implementation. The successful individual will leverage their proficiency in Pricing & Promotions to: Partner with the Kate Spade Buying Managers to develop pricing and promotional strategies to drive key KPIs of sales, inventory, AUR, discount rate and margin, ensuring alignment and achievement of overall company objectives Action weekly system price changes for all product areas by partnering with relevant Buying Managers and own the weekly approval process Ensure upcoming weekly price changes and promotions are presented in weekly trade meetings with supporting data to validate Liaise with Buying and Store Operations teams to ensure changes to prices and promotions are clearly communicated to the stores via the weekly transmittal process Own the analysis of pricing and promotional decision-making and deliver data-driven recommendations to the Buying Manager and Director. Focusing on key metrics including discount rates, gross margin, sales per traffic, AUR and presenting scenarios to impact DR % for in-season trading Coordinate and communicate the pricing strategy for clearance periods and consider market restrictions within agreed timeframes Liaise with VM weekly, monthly and quarterly to ensure in-store signage exists to support promotions Review Kate Spade Europe premiums yearly analysis across Retail & Outlet channels Maintain accurate pricing master files for the Outlet channel and action all system changes to activate price changes and promotions in a timely and accurate manner Maintain trackers and approvals for auditing purposes, taking accountability for weekly price approvals and actioning within agreed timeframes Own and maintain promotional calendars and communicate with Buying, Marketing and Stores weekly, monthly and quarterly Pull weekly trade reports and support in weekly trading activity Load markdowns ahead of clearance periods, including Black Friday and end of season periods Work alongside Area/Regional Managers, Ecommerce and Marketplace teams to lead and influence promotional and event calendars in line with the overall pricing and promotional strategy Support Buying Managers with weekly and monthly financial planning and provide analysis on key merchandising metrics across all channels Liaise with external partners for Outlet to share the Kate Spade strategy and ensure alignment in key calendar moments The accomplished individual will possess: Proven experience in Pricing Analysis, Merchandising, Planning, or Financial Analysis, ideally within a retail environment Proficient in