About us
Love, Bonito is a digital-first company on a mission to empower the everyday Asian woman and inspire self-confidence. We are Southeast Asias leading womenswear brand, headquartered in Singapore, with an omnichannel presence across Hong Kong SAR China, Indonesia, Malaysia and a retail franchise in Cambodia. In addition, we have also expanded into international markets namely the Philippines and the United States of America.
Founded in 2010, we are proudly female-founded with more than 65% female representation in leadership roles (#girlpower!). We raised a US$50M Series C round in 2021 and know that were on the cusp of something great, where were working towards becoming the most thoughtful brand globally, for the Asian female consumer, especially when it comes to our products, community and experiences.
Theres a lot more work to be done with all of our exciting plans. So were looking to team up with people who are wildly passionate about making an impact and be part of a dynamic team, in a workplace with no corporate BS (yes, you read that right!).
The role
You will be responsible for continuously delighting and exciting the LB community, through thoughtful assortment selection. Reporting directly to the Senior Buying & Merchandising Manager, you will play a pivotal role in shaping Love, Bonito through this exhilarating scale-up phase.
Main Responsibilities
Partner up with design development and assortment teams to create core and capsule products that are in line with LB DNA, customer preferences and opportunities in the market
Research current fashion trends, consumer preferences, competitor activities and market demand to anticipate market shifts and consumer preferences
Analyse sales data, customer feedback and product performance metrics to identify opportunities for product innovation, assortment enhancements and category expansion
Prepare and present buying reports, trend analyses, sales forecasts to management and cross functional teams to inform strategic decision making and planning
Partner up with sourcing & production and product development team to negotiate pricing, terms and contracts to maximise margins; source for new suppliers to expand product offering and enhance LBs competitive advantage
Develop inventory replenishment plans, reorder quantities, and stock allocation strategies to optimise inventory levels and minimise stock outs or overstocks
Collaborate with design and merchandising teams to curate a product assortment that meets customer expectations - manage product life cycle, including markdowns and inventory clearance strategies; monitor inventory turnover, sell-through rates, and ageing stock to identify opportunities for markdowns, promotions, or inventory reallocation
Collaborate with cross-functional teams, including merchandising, planning, and store operations, to ensure that inventory levels meet customer demand and sales targets
Steer new range development i.e. new categories, collaborations
Manage OTB for the portfolio assigned ensuring spend is within assigned budget
Execute monthly replenishments to ensure healthy inventory cover
Develop pricing framework and partner up with merchandising for final pricing recommendations
KPIs
Net revenues, inventory cover, core contribution, customer acquisition and retention
Requirements
You Should Have / Be:
Passionate about fashion and apparel and a good understanding of LB
Extreme ownership and a self-starter who is hands-on with a get things done attitude
Desire to work in a dynamic and fast paced environment
Gritty and able to work under pressure; comfortable to navigate through uncertainty
Performance-centric mindset with a strong desire to achieve targets
Commercial savviness and customer centric mindset; able to make timely decisions
Numerically inclined, data-savvy and able to leverage on data to make decisions
Strong communication and negotiation skills
Excellent collaboration and stakeholder management skills
Growth mindset and sense of continuous improvement
Mature leader who is able to manage, influence and inspire direct and indirect teams
An embodiment and role model of LBs values
Minimally 5 years in buying with experience in the fashion retail industry, 2 years as manager
In-depth knowledge of trends, textiles and production processes and a keen eye and passion for fashion
Benefits
- Flexible Work Arrangement
Work from anywhere*!
Hybrid work and adjustable hours - as long as present during our core working hours
- Staff Wellness
Comprehensive corporate insurance (Fully covered visits at our panel clinics, Dental coverage, Maternity reimbursement, Mental wellness support)
- Learning and Career Development
Learning and development (i.e. subscription plans to best-in-class resources, personal development fund etc)
Dedicated leadership training for those of managerial responsibilities
Friday pm off for learning
- #TeamLB perks
Generous staff discount off LB products
Corporate partnerships with a variety of companies
Welcome to #TeamLB swag and store gift cards (get your LB work outfit on us!)
Employee driven peer-to-peer recognition platform to honour and celebrate everyday achievements
Internal Referral programme
