Director, Merch Planning - Tommy Hilfiger

Be part of an iconic story. TOMMY HILFIGER is one of the world’s most recognized global lifestyle brands, confidently welcoming and inspiring consumers since 1985. Originally established in New York City and infused with the vibrant spirit of Americana, to create the modern uniform of accessible luxury. The TOMMY HILFIGER brands consist of TOMMY HILFIGER and TOMMY JEANS, complemented by a range of licensed product categories that extend the brand lifestyle across generations, geographies, activities and occasions. Tommy Hilfiger’s global marketing approach and communications strategy taps into culture through the world of F.A.M.E.S.: the people, organizations and ideas boldly driving the future of Fashion, Art, Music, Entertainment and Sport. Major global campaigns, sponsorship platforms, and disruptive activations with world-class athletes, musicians and entertainers bring a constant source of energy and inspiration to the brand. Immerse yourself in TOMMY HILFIGER here! ( YouTube , Instagram , TikTok ) About the Role: The Director of Planning (Accessories ) develops, executes and communicates strategic merchandise financial plans that support the company’s financial, product, and marketing objectives; responsible for driving top line financial plans from a divisional level to a department/category level, strategically managing the business in order to maximize sales and margin, and optimizing inventory, develops and contributes to the development of Brand initiatives, and ensures that all planning activities support annual goals. What You'll Do: Create strategic financial plans that support the company’s objectives and brand goals from a top down and bottom up perspective At a division/department/class level, develop sales, gross margin, and inventory plans that support the company’s profit objectives. Collaborate with direct reports in planning and the merchandising team to ensure that financial objectives align with product opportunities Lead the planning and merchandising team, utilizing historical data and current trends, to capitalize on new opportunities, and identify risks. Understand opportunities and risks from direct reports and communicate to key business partners including merchandising, finance, marketing, visual, and brand leaders Develop, train and lead planning team Partner closely with allocation team on a daily basis to ensure product strategies are executed to the store level Partner with the Production team on projections and buy passoffs Weekly Business Management Meet with planners to understand weekly forecasts, category opportunities and risks, markdown recommendations, and reflowing of inventory. Ensure that all decisions are based on historical data and/or current trends and collect information to create global action plans Present “action points” to senior management and gain consensus on business approach Manage seasonal liabilities, inventory by source, and delivery performance at a divisional level. Guide planners to tactically manage liabilities and drive opportunities Partner with Allocation on allocation strategies daily Buy Review Prep Meet with planning team to review historical performance at the category and key item level. Understand and validate analysis by source, delivery, and category to merchants to understand prior performance and develop future goals Pre-season create divisional and departmental plans to support the development of the line Set sales, margin, flow, and IMU goals prior to the planning of each delivery. Reconcile tops down and bottom up forecasts prior to the passing of receipts to the merchant organization Participate in buy review with merchants, planners, and allocators to ensure appropriate breadth and depth, and flawless execution. Collaborate with lead merchants to ensure that plans support product goals Lead and facilitate buy finalization meeting with merchant. Review pre-season plans that support new assortment. Identify risks and opportunities relative to product, flow, and presentation Managing and Developing Talent Create a dynamic team environment that encourages collaboration and creativity within the business unit and across brands Lead planning team ensuring that all company objectives and current and future business plans are executed. Provide clear direction to all levels managing details as appropriate Identify top talent and infuse new bench strength within organization to support succession planning Train, develop, and manage direct reports to support succession planning initiatives. Offer consistent and timely feedback to direct reports What You'll Bring: Bachelor's degree Minimum 5-7 years merchandise planning experience; 7 - 10 years of total work experience Analytical/Math Skills Project Management Strategic Forecasting & Financial Planning Demonstrated experience: Presenting and recommending strategies and building a business case Driving business to exceed company plans Leading and developing a team of at least 3 direct reports Strategic forecasting for a multidimensional business Assuming additional areas of accountability successfully Influencing and negotiating at a variety of levels Well-developed written and verbal communication skills including presenting complex material in an organized and compelling manner Well-versed in planning and allocation systems, as well as advanced Microsoft windows applications Need to be very resourceful and creative to develop new systems and procedures to address constant evolving business needs. Must be able to handle multiple tasks efficiently in order to meet deadlines. Must be able to think out of the box to find solutions to demanding business requirements This position is not eligible for sponsorship. #LI-BC10 #LI-Hybrid Pay Range:$147,500---$199,200 PVH currently provides base salary ranges for all positions-on job advertisements-in the United States based on local requirements. These ranges are based on what PVH reasonably believes that it will pay an associate for their base salary for said position at the time of the posting. Individual compensation will ultimately be determined based on a variety of relevant factors including but-not limited to qualifications, geographic location and other relevant skills. PVH is committed to providing a market-competitive total rewards package to eligible associates, which includes diverse and robust health and insurance benefits to meet the varied needs of our associates and an above-market 401(k) contribution to help our associates save for retirement. We also offer career growth opportunities, empowering our associates to design their future at PVH. Additional Compensation: This role is bonus eligible. This role is equity eligible. Your Wellbeing is Our Priority At PVH, we offer competitive, cost-effective, and comprehensive benefit packages. We strive to provide options when it comes to your health, finances, and work-life balance. This includes: Pay & Insurance: Competitive pay, bonus programs, best in class medical insurance, vision insurance, dental insurance, life insurance, disability insurance, and more. 401(k): An above-market 401(k) contribution to help our eligible associates save for retirement. Flexible Workplace: Generous company-paid holidays, paid time off, hybrid working arrangements, volunteer opportunities, seasonal hours, and flexible work schedules. Wellbeing Support: A variety of wellbeing tools and programs such as, Headspace membership, reimbursement for fitness memberships and/or digital meditation subscriptions, and the opportunity to earn up to $200 a year in rewards for exercising and participating in healthy activities. Services: Access to services for childcare, elder care, adoption preparation, pet care, plus reimbursement for backup care when your regular plans fall through. Education Assistance: Receive support for continued education including tuition reimbursement. Associate Discount: Shop at our company outlets and e-commerce sites at a discount. Please note, eligibility depends on employment status, location and length of time employed with PVH and our benefits may be subject to change. Applications will be accepted on a rolling basis until the position is filled. About PVH: We are brand builders who focus our passion and creativity to build Calvin Klein and TOMMY HILFIGER into the most desirable lifestyle brands in the world and at the same time position PVH as one of the best-performing brand groups in our sector. Guided by our values and enabled by our scale and global reach, we are driving fashion forward for good, as one team with one vision and one plan. That’s the Power of Us, that’s the Power of PVH+. One of PVH’s greatest strengths is our people. Our collective desire is to create a workplace environment where every individual is valued, and every voice is heard, and we are committed to fostering an inclusive and diverse community of associates with a strong sense of belonging. Learn more about Inclusion & Diversity at PVH here . PVH Corp. or its subsidiary ("PVH") is an equal opportunity employer and considers all applicants for employment on the basis of their individual capabilities and qualifications without regard to race, ethnicity, color, sex, gender identity or expression, age, religion, national origin, citizenship status, sexual orientation, genetic information, physical or mental disability, military status or any other characteristic protected under federal, state or local law. In addition to complying with all applicable laws, PVH is also committed to ensuring that all current and future PVH associates are compensated solely on job-related factors such as skill, ability, educational background, work quality, experience and potential. To achieve these goals, across the United States and its territories, PVH prohibits any PVH employee, agent or representative from requesting or otherwise considering any job applicant’s current or prior wages, salary or other compensation information in connection with the hiring process. Accordingly, applicants are asked not to disclose this salary history information to PVH.