Junior Buyer - Jewellery and Watches
2 days ago
City of London
Full time – Hybrid, 3 days per week in London About the role We are looking for a confident, innovative and experienced Junior Buyer to help build Abbott Lyon a go-to luxury destination for luxury, affordable Jewellery & Watches that blend trend, style and sentiment. You’ll be responsible for identifying product opportunities in this fast-growing category - ensuring every product meets our brand standards, customer expectations, and commercial targets. You’ll own the daily execution of the full buying cycle by identifying high-growth product opportunities, managing the critical path to ensure timely launches, and maintaining strong supplier relationships. This is a hands-on role, identifying emerging trends, maintaining brand standards across all samples and managing supplier communications. Providing essential data and coordination that keeps the category moving forward. You're Excited About This Opportunity Because You Will… Range Building & Product Development • Identify high-growth product opportunities and emerging trends to present to the Buyer, • Cost and MOQ negotiations to ensure profitability, • Source & Develop Product working closely with suppliers to to develop Jewellery & Watches, • Manage the full sample lifecycle, ensuring all pieces meet brand standards and quality expectations and timings for brand team handovers., • Drive implementing the "good, better, best" architecture by gathering competitor pricing data and monitoring landed costs., • Work daily with the Design team to ensure sourced and developed propositions are moving through the pipeline, • Own supplier relationships — day to day queries and weekly supplier meetings, ensuring timely deliveries and consistent product quality., • Create detailed product handover documents for each new product launch, ensuring all business departments are informed of the key USPs and purpose., • Collaborate with the marketing and brand team on product collections for brand and influencer collaborations, ensuring alignment with critical paths., • Working with Marketing and Ecommerce to promote the right products following the critical path., • Track performance, manage stock levels, and refine the category assortment based on what’s working, what’s trending, and what the customer wants., • Work in partnership with the Merchandising and Trading teams to manage the existing product range, including markdown strategies and promotional planning., • Coordinate with the wider team to ensure alignment with the critical path for product launches., • Collaborate with the Finance and Merchandising teams to manage OTB and to optimise inventory management., • Delegating up and down within the team., • Communicating any issues to Buyer/HOD with a solution focussed approach, • Driving own development and working with and developing Assistant and Buying Administrators., • Building strong relationships and putting in place best practise- within your team and across the business for continuous improvement. We’re Excited About You Because… • You have experience at an Assistant Buyer level, • You have previously supported the buying cycle, • You have the ability to co-ordinate a number of competing priorities, • You are proficient in new development product (NDP) and pricing, • You have a professional approach & attitude, • You are confident using Excel for data analysis, • You have expertise in market research, trend forecasting and competitor analysis, • Cross functional collaboration: strong ability to collaborate with design, marketing, and merchandising teams, • You have strong data- driven decision making skills (skills in data analysis and leveraging data for decision making), • You have experience in customer focus groups and integrating feedback into products, • You are confident in communication & interpersonal skills, with strong presentation and storytelling capabilities for stakeholder engagement About Abbott Lyon \t\t \t \t \t\t Abbott Lyon is already one of the fastest growing D2C brands in the UK, named on the 2023 list of 100 fastest-growing companies in the UK. Founded in 2015, Abbott Lyon’s customers love our range of affordable luxury products. Our brand has particular appeal to customers who want to buy uniquely personalised, high-quality, understated luxury jewellery and accessories for themselves or as gifts, for those moments that matter. \t\t\t\t\t\t With a laser-sighted focus on our bullseye customer, Abbott Lyon has successfully disrupted the jewellery market and won market share from well-established competitors. Having delivered 130% growth last year, and done so profitably, our business has recorded its best ever months since the beginning of the year, bucking the trend in UK retail. More than 700,000 UK consumers already shop Abbott Lyon, and there are more than 2 million look-a-like customers in the UK alone. In addition, the US represents a huge opportunity for Abbott Lyon, and one we are determined to realise. With our sights firmly set on growing the business to £100M and beyond, this year’s plan sees significant investment in the talent and infrastructure required to achieve Abbott Lyon’s ambitious growth objectives. Site: \t\tInstagram: Why You’ll Enjoy Working at Abbott Lyon A key factor behind our amazing success story is our unique culture. It possesses all the hallmarks of a typical entrepreneurial business; people at Abbott Lyon are encouraged to think big, be brave and commercially aggressive, take calculated risks, drive hard, relentlessly focus on every detail to improve every aspect of the business, and move at lightning speed. Still, this is a genuinely positive place to work, full of collaborative high-achievers, all determined to deliver Abbott Lyon’s ambitious plans. Location This is a full time - hybrid role, with 3 days per week based in our London Hub. Compensation & Benefits • Competitive salary + bonus package, • Flexible working (core working hours), • Enhanced pension scheme, • Enhanced Family Leave schemes including maternity, paternity and adoption, • Potential for career development and training, • Fun and friendly team with regular social events, • Hugely discounted Abbott Lyon products and monthly gifted products, • Early Friday finishes during our summer months, • Opportunity to be part of one of the fastest growing brands in the UK Note Abbott Lyon is dedicated to building and supporting a brilliant, diverse and hugely inclusive team as an equal opportunities employer. We don't discriminate against gender, race, religion or belief, disability, age, marital status or sexual orientation. Whatever your background may be, we welcome anyone with talent, drive and emotional intelligence to apply to our vacancies, as we recognise the importance of diversity; we’re excited to see what contributions you will bring to our Abbott Lyon team! Should you require any support throughout the recruitment process, please do not hesitate to let us know what adjustments you may need.