Fashion Nova · Los Angeles
Otherposted 3mo ago
ABOUT US
Fashion Nova is the world’s leading trend-to-market fashion and lifestyle brand with high-growth categories across its Women, Men, Kids and Beauty divisions. Renowned for delivering the most-wanted styles to millions worldwide, Fashion Nova earned the title of the Top 5 Most-Searched Fashion Brand on Google in 2022, alongside Louis Vuitton and Nike.
Founder & CEO Richard Saghian launched the brand in 2006, from a retail location in Los Angeles. After multiple store openings, Saghian launched the e-commerce website for Fashion Nova in 2013, pioneering a disruptive social commerce model of affordable, on-trend, size-inclusive clothing online– powered by an innovative, social media-first marketing strategy.
Today, Fashion Nova has amassed over 40 million social media followers, with annual sales of approximately $2 billion!
The brand’s name has been featured in chart-topping hit songs by Cardi B, Drake, 21 Savage, Saweetie, The Game, Tyga and Offset and its styles have been worn by many celebrities, artists and athletes including Meg The Stallion, Ice Spice, Chris Brown, Floyd Mayweather, Rick Ross, Kourtney Kardashian, and Kylie Jenner.
As the Planning Manager, you will serve as the financial architect of our product divisions, bridging the gap between creative vision and profitable growth. You will own the end-to-end strategic planning, forecasting, and inventory management processes to maximize sales, optimize margin, and mitigate inventory risk. This role requires a blend of rigorous data analytics, high-level financial acumen (OTB mastery), and collaborative leadership to guide cross-functional partners (Buying, Design, and Supply Chain) toward shared company targets.
Strategic Forecasting: Develop and manage pre-season and in-season sales, margin, and inventory plans at the category, class, and subclass levels, aligning them with top-down corporate financial goals.
OTB Management: Own the monthly Open-to-Buy process; proactively identify risks and opportunities, and recommend strategic shifts in receipt flow or pricing controls to maximize profitability.
Margin Optimization: Drive profitability by managing product lifecycle pricing, including initial markup (IMU), promotional strategies, and markdown cadence to hit Gross Margin (GM) and Gross Margin Return on Investment (GMROI) goals.
Commercial Analysis: Analyze weekly, monthly, and seasonal sales performance, extracting actionable data trends to optimize in-season chase opportunities, re-orders, and order cancellations.
Inventory Health & Turn: Monitor and maintain optimal inventory levels. Accelerate inventory turns, manage weeks of supply (WOS), and develop strategic exit strategies for slow-moving liability inventory.
Sleeve/Assortment Architecture: Partner with Buying to build profitable bottom-up assortment frameworks, ensuring the breadth and depth of the buy align with regional demand, trend forecasting, and historical performance.
Data-Driven Decision Making: Leverage advanced reporting systems and Business Intelligence (BI) tools to build predictive models, dashboard analytics, and automated reporting structures.
Process Scale: Transition manual planning processes and legacy Excel sheets into scalable, automated workflows to increase departmental efficiency and speed-to-market.
Market Insights: Conduct competitive market research and white-space analysis to identify emerging customer demands and structural growth opportunities.
Strategic Alignment: Collaborate weekly with the Vice President, Buying Counterparts, Design, and Visual Merchandising to ensure a unified product and financial strategy.
Team Management: Direct, mentor, and develop a team of Associate/Assistant Planners, fostering a culture of continuous learning, analytical reasoning, and data transparency.
Stakeholder Communication: Translate complex financial data and inventory constraints into clear, narrative-driven strategies for non-finance executive leadership.
Experience: Minimum 5–7 years of progressive experience in eCommerce planning and inventory management with at least 1–2 years in a supervisory/management capacity.
Education: Bachelor’s degree in Finance, Economics, Business Administration, Accounting, or a related quantitative field.
Retail Context: Proven track record in a fast-paced environment (Off-Price, Fast-Fashion, or high-volume E-commerce preferred) managing an OTB of $50M+.
Advanced Excel: Mastery of Excel (VBA, Power Query, complex nested logic formulas, macros) for deep data manipulation.
BI & ERP Systems: Proven proficiency with modern planning software, ERPs, and BI platforms (e.g., NetSuite, Power BI, Looker, Tableau, RDW/SCM software).
Analytical Reasoning: Exceptional ability to look beyond static numbers to understand the "why" behind consumer behavior and financial trends.
Agility & Ownership: A high degree of personal accountability with a "business owner" mentality—comfortable shifting strategies quickly in reaction to volatile market changes.
Influential Communication: Strong negotiating and presentation skills; able to push back on buying/creative teams with data-backed narratives to maintain financial guardrails.
Fashion Nova, LLC, and subsidiaries thereof, is an Equal Opportunity Employer. We are steadfast in our commitment to equal employment opportunities and pledge that these objectives are reflected in all aspects of our daily operations. We will continue to recruit, hire, train, and advance in employment qualified individuals in all job titles without regard to race, color, national origin, gender, sexual orientation, gender identity, religion, age, status as a protected veteran, criminal history, or status as an individual with a disability; and shall not discriminate against any individual, any such characteristic, nor any other classification protected by local, state and|or federal law.