Simplify Logo

Full-Time

Director of Outlet

Confirmed live in the last 24 hours

Rag & Bone

Rag & Bone

501-1,000 employees

Contemporary fashion brand for clothing and accessories

Consumer Goods

Compensation Overview

$180k - $200kAnnually

Senior, Expert

New York, NY, USA

Category
Inventory Management
Procurement & Sourcing
Warehouse Operations
Operations & Logistics
Required Skills
Sales
Communications
Management
Customer Service
Requirements
  • Bachelor's degree in business administration, retail management, fashion merchandising, or a related field.
  • Proven track record of success with a minimum of 7-10 years of experience in multi-store outlet management
  • Strong business acumen and analytical skills, with the ability to interpret financial data, analyze market trends, and make data-driven decisions.
  • Excellent communication, negotiation, and relationship-building skills.
  • Demonstrated leadership abilities, with a focus on team development, motivation, and empowerment.
  • Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.
  • Deep understanding of consumer behavior and preferences for the Outlet customer.
Responsibilities
  • Develop and execute strategic plans for existing and growth of outlet stores to drive sales, traffic, and profitability.
  • Manage and coordinate store operations, including staffing, inventory management, visual merchandising, and customer service standards.
  • Analyze sales data and market trends to identify opportunities for growth and improvement.
  • Collaborate with cross-functional teams to ensure alignment with overall company goals and objectives.
  • Lead the strategic buying process for outlet stores, including assortment planning and inventory management.
  • Stay abreast of industry and regional trends and needs, gather consumer preferences through feedback and evaluate competitor activities to inform buying decisions.
  • Work closely with the design and product development teams to ensure a cohesive assortment that reflects the brand's aesthetic and values.
  • Develop and manage departmental budgets, forecasts, and financial performance metrics.
  • Monitor and analyze sales, margins, and expenses to optimize profitability and efficiency.
  • Identify opportunities for cost savings and revenue enhancement initiatives.
  • Provide leadership, guidance, and mentorship to the outlet stores team, fostering a culture of accountability, collaboration, and continuous improvement.
  • Recruit, train, and develop talent to build a high-performing and motivated team.
  • Set clear performance expectations and provide regular feedback and coaching to drive results.

Rag & Bone creates high-quality clothing, shoes, and accessories for men and women, focusing on an effortless urban style and expert craftsmanship. Their products are sold directly to consumers through their website and physical stores, allowing for a personalized shopping experience with expert stylists who help customers create customized looks. This tailored service enhances customer satisfaction and loyalty. Rag & Bone stands out from competitors by emphasizing quality, sustainability, and ethical practices, ensuring that their products are made with integrity. The company's goal is to provide stylish, well-made apparel while maintaining a commitment to customer satisfaction and responsible business practices.

Company Stage

M&A

Total Funding

N/A

Headquarters

New York City, New York

Founded

2002

Growth & Insights
Headcount

6 month growth

1%

1 year growth

1%

2 year growth

1%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition by Guess and WHP Global brings significant financial backing and strategic support, potentially accelerating Rag & Bone's growth and market reach.
  • Partnerships with companies like Astound Commerce and Incu Pty. enhance Rag & Bone's digital and physical retail presence, improving customer experience and operational efficiency.
  • New store openings, such as the one in Tampa, Florida, indicate ongoing expansion and increased brand visibility in key markets.

What critics are saying

  • Integration with Guess and WHP Global could lead to cultural and operational challenges, potentially disrupting Rag & Bone's established brand identity.
  • The highly competitive fashion industry requires continuous innovation and adaptation to changing trends, posing a risk if Rag & Bone fails to stay ahead.

What makes Rag & Bone unique

  • Rag & Bone's commitment to high-quality craftsmanship and urban style sets it apart in the fashion industry, appealing to discerning customers who value authenticity and timeless design.
  • Their direct-to-consumer model, combined with personalized styling services, offers a tailored shopping experience that enhances customer loyalty and satisfaction.
  • The brand's strong emphasis on sustainability and ethical practices resonates with modern consumers who prioritize responsible fashion choices.