Pricing & Commercial Analyst at Farfetch

London, England, United Kingdom

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Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Fashion, Retail, E-commerceIndustries

Requirements

Confident working with large, complex data sets
Analytical and able to derive clear insights and strategic actions from data
Commercially minded, and knowledgeable of luxury or fashion retail is a plus
Advanced Excel skills with SQL/Big Query experience; Looker/Power BI knowledge is a plus
Strong problem solver with effective optimization skills
A self-starter with the ability to proactively manage workload successfully
Organised and methodical, with strong attention to detail
Agile and able to successfully work in fast-paced environments that contain ambiguity

Responsibilities

Effectively lead, manage and execute pricing & commercial strategies set by the Pricing & Commercial Manager that supports Browns & group targets
Analyse data to derive clear insights on performance of pricing & commercial initiatives and market price position throughout the season, to proactively suggest opportunities to support business performance through sell thru improvement and profitability
Effectively report on pricing & commercial performance with clear understanding of all metrics including market price position, profit, sell through and contribution to the business
Proactively review and suggest optimisations for pricing & commercial processes and reports to support effective ways of working
Work cross-functionally with other analysts, buying & merchandising, procurement, data teams and operations specialists to plan and align on key focuses
Be the key point of contact for Browns Pricing & Commercial strategies and support the Pricing & Commercial Manager on ad hoc requests

Skills

Key technologies and capabilities for this role

Pricing StrategyCommercial AnalysisData AnalysisInventory ManagementProfit OptimizationTrading AnalysisFinancial TargetsCross-functional Collaboration

Questions & Answers

Common questions about this position

What is the location for this role?

The role is based in the London office located in Old Street, London’s tech hub.

What skills are required for the Pricing & Commercial Analyst position?

Key skills include confident working with large, complex data sets, being analytical to derive clear insights, commercially minded, strong attention to detail, and ability to work cross-functionally both autonomously and in teams.

What does the office environment look like at Farfetch?

The London office features an open space ideal for collaborative work and sharing ideas, plus a large outdoor terrace perfect for team lunches or events.

Is the salary specified for this position?

This information is not specified in the job description.

What makes a strong candidate for this role?

A strong candidate is analytical and commercially minded with strong attention to detail, confident handling large complex data sets to derive insights, and able to work autonomously or cross-functionally to drive pricing strategies and profitability.

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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