Interim Buyer at Farfetch

London, England, United Kingdom

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Luxury Retail, FashionIndustries

Requirements

Experience within Women’s RTW categories, leading brand negotiations, OTB management, product selection and inseason trading
Demonstrated knowledge of key brands, industry trends and emerging designers
Strong commercial acumen, capable of balancing creative intuition with data-driven decision-making
Analytical mindset with proven ability to interpret sales data, sell-through, and market trends to inform buying strategies
Excellent communication and interpersonal skills, with confidence in managing brand relationships and internal stakeholders
Highly organised, detail-oriented, and efficient, able to thrive in a dynamic, fast-paced environment
Proactive, solution-focused, and comfortable working independently as well as part of a collaborative team
Proficient in Excel and comfortable working with data analysis tools

Responsibilities

Lead the Designer RTW seasonal buying strategy, ensuring Browns' product assortment remains 'best of', innovative, relevant, and commercially successful
Lead in buying appointments, market, and showroom visits, managing the product selection and decision-making, leading brand negotiations and problem solving
Source and introduce exciting new brands and products, bold growth and conviction on opportunities in line with Browns’ brand identity and maximising FF supply opportunity
Secure exclusives, limited distribution collaborations / drops and OTB ambitions with key brands. Solidifying Browns as a priority partner
Weekly monitoring and reporting on sales performance, sell-through rates, and shifting/emerging market trends, providing insights to inform buying, trading and wider business decisions. Driving support where opportunity / risk is identified to drive sales
Collaborate closely with Merchandising to optimise and grow Open-To-Buy (OTB), effectively manage inventory and drive department performance
Proactively identify opportunities and risks, ensuring the assortment remains competitive and reactive to trading performance
Maintain 100% brand retention. Build and nurture strong relationships with existing and new brands, positioning Browns as a trusted, valued and strategic partner
Diversify brand portfolio through scaling high potential brands and launching new brands to maintain 'best of' category portfolio
Lead negotiations to secure improved/favourable terms, limited distribution access and exclusives
Oversee accurate and timely creation of purchase orders, product uploads, and vendor communication
Coordinate closely with Senior Buyer on store allocations, Marketing and Brand Partnership activations to ensure maximum exposure and visibility of buy and brand retention
Maintain up-to-date awareness of trends, competitors and market developments, identifying strategic gaps and opportunities

Skills

Buying Strategy

Product Selection

Brand Negotiations

Market Analysis

Sales Reporting

Trend Analysis

Supplier Relationships

Category Management

RTW Buying

OTB Management

Farfetch

Online marketplace for luxury fashion items

About Farfetch

Farfetch operates as a global online marketplace for luxury fashion, linking high-end brands and boutique retailers with consumers. The platform allows users to browse and purchase a wide range of luxury items, ensuring that both brands and retailers can reach a worldwide audience. Farfetch's business model is centered around facilitating these transactions, earning revenue primarily through commissions on sales made through its site. Additionally, it offers services like digital marketing and logistics to help its partners enhance their online presence. A distinguishing feature of Farfetch is its acquisition of LUXCLUSIF, a luxury resale platform, which enables it to cater to the growing demand for pre-owned luxury goods. The company's goal is to provide a seamless shopping experience for luxury fashion enthusiasts while supporting brands and retailers in expanding their reach.

London, United KingdomHeadquarters

2007Year Founded

$682.9MTotal Funding

IPOCompany Stage

Consumer Software, Consumer GoodsIndustries

1,001-5,000Employees

Benefits

Health Insurance

Flexible Work Hours

Employee Pension Scheme

Risks

Increased competition from Mytheresa could impact Farfetch's market share.

Farfetch faces challenges in maintaining its presence in the Chinese market.

The sale to Coupang indicates potential financial instability for Farfetch.

Differentiation

Farfetch connects luxury brands and consumers through a unique online marketplace.

The platform offers modular, API-enabled technology for luxury fashion brands.

Farfetch provides commerce solutions, enhancing brands' online presence and sales.

Upsides

Virtual try-on technology is gaining popularity in luxury fashion.

Farfetch can capitalize on Yoox Net-A-Porter's exit from China.

Exclusive partnerships, like with Officina Bernardi, enhance Farfetch's offerings.

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