Full-Time

Merchandising Manager

Bags/SLG's

Posted on 7/3/2025

Quince

Quince

1,001-5,000 employees

Direct-to-consumer fashion and home goods retailer

Compensation Overview

$90k - $140k/yr

+ Bonus + Equity

San Francisco, CA, USA

In Person

Category
Retail (1)
Required Skills
Inventory Management
Forecasting
Marketing
Data Analysis
Requirements
  • 7-10 years of retail merchandising experience in the Handbags (with an expertise in leather) category, preferably with luxury expertise
  • E-commerce experience and/or DTC experience preferred
  • Proven track record of progressing within an organization and demonstrating continuous growth in roles and responsibilities
  • Product obsessed with experience in leveraging data tools and external sources
  • Critical eye to anticipate customer needs (both the “science” and “art” of retail merchandising)
  • Highly organized, detail-oriented and analytical with focus on execution, problem-solving, improving processes and brand enhancement
  • Continuous learner and highly curious; always open to considering new perspectives; proactive when changing course and facing added challenges
  • Excellent written and verbal communication, presentation, and interpersonal skills
  • Motivated by working in a fast-paced collaborative environment, where flexibility to stretch into or out of functional comfort zones is crucial for team success
  • Bachelor’s Degree, preferred
Responsibilities
  • Own the Bags & SLGs assortment strategy, ensuring the category delivers on Quince’s promise of exceptional quality at accessible prices.
  • Curate and manage the product assortment to meet customer needs and achieve financial goals (revenue, margin, and inventory health).
  • Leverage data and customer insights to build, optimize, and scale the assortment — analyzing performance, refining product mix, and making evidence-based decisions
  • Partner closely with sourcing to identify and develop new products, with a focus on craftsmanship and material quality.
  • Analyze sales, margin, and returns data to drive data-backed decisions that optimize assortment, pricing, and inventory.
  • Collaborate with marketing, site, and creative teams to ensure compelling product launches and storytelling that reflect brand positioning.
  • Stay ahead of industry trends and competitive dynamics in the handbags and small leather goods space to inform product strategy.
  • Forecast demand and manage inventory levels to support growth targets while maintaining profitability.
  • Lead cross-functional collaboration, serving as the category expert and advocate for the customer.
  • Drive continuous improvement in processes, tools, and systems to enhance efficiency and decision-making.

Quince operates an online, direct-to-consumer retail platform for fashion and lifestyle items. Customers browse and buy items such as dresses, blouses, leather goods, and home essentials on Quince’s website, with prices kept low by sourcing directly from manufacturers around the world. It differentiates itself by pursuing direct global sourcing to offer affordable luxury and by building a community of customers who share experiences on social media with #OneQuince. The goal is to provide high-quality products at accessible prices while growing a loyal online community around the Quince brand.

Company Size

1,001-5,000

Company Stage

Series E

Total Funding

$958M

Headquarters

San Francisco, California

Founded

2018

Simplify Jobs

Simplify's Take

What believers are saying

  • Surpassed $1B revenue in 2025 with triple-digit growth annually.
  • Raised $500M Series E at $10.1B valuation led by Iconiq.
  • Launched in Canada and expanding into Europe with Toronto team.

What critics are saying

  • Deckers Outdoor sues Quince over deceptive pricing practices.
  • Amazon and Shein replicate Quince's demand detection model.
  • LVMH develops direct channels eroding Quince's factory partnerships.

What makes Quince unique

  • Quince pioneered M2C model shipping factory goods directly to consumers.
  • AI predicts SKU-level demand for just-in-time manufacturing orders.
  • Web scrapers detect trends to create high-quality luxury lookalikes.

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Benefits

Performance Bonus

Flexible Work Hours

Remote Work Options

Company News

Reuters
Mar 11th, 2026
Quince raises $500 million at $10.1 billion valuation

Online retailer Quince said on Wednesday it has raised $500 million ​in a Series E funding round at ‌a post-money valuation of $10.1 billion, signaling strong investor appetite for tech-enabled retail platforms benefitting from ​resilient spending by wealthy shoppers.

Women's Wear Daily
Mar 11th, 2026
Quince raises $500M at $10.1B valuation with revenue surpassing $1B

Quince, a factory-direct luxury essentials retailer, has closed a $500 million Series E funding round led by Iconiq, valuing the company at $10.1 billion. Baillie Gifford, Basis Set Ventures, DST Global, Marcy Venture Partners, Notable Capital, Wellington Management and WndrCo also participated. Founded in 2018, the San Francisco-based company surpassed $1 billion in revenue in 2025, maintaining triple-digit annual growth. Quince uses AI to predict demand at SKU level, enabling lower-quantity orders with manufacturers that scale based on consumer response. The funding will support global expansion, with recent launches in Canada and planned expansion into Europe. Chief commercial officer Matt Lippert highlighted growth opportunities across categories including denim, bedding and wellness products. Quince faces ongoing legal challenges, including lawsuits from Deckers Outdoor and a class action complaint alleging deceptive pricing practices.

The Business of Fashion
Feb 17th, 2026
Quince Appoints First Head of Brand Strategy and Narrative

Quince appoints first head of brand strategy and narrative. Quince announced on Tuesday it had hired Dakota Kate Isaacs as its first head of brand strategy and narrative. In the new position, Isaacs will be leading Quince's global brand strategy, positioning and storytelling, and is tasked with deepening the San Francisco-based startup's emotional relationship with consumers. Quince has scaled rapidly since its founding in 2018, with sales having doubled to over $700 million last year. But the $4.5 billion company has struggled to shrug off its reputation as a dupe maker. Isaacs said Quince's recent partnerships with hip-hop artist A$AP Rocky and celebrity stylist Erin Walsh signal the retailer's ambition to become a trusted standalone destination for direct-to-consumer goods. "When a company is deeply understood, it becomes more durable, and you're giving people a reason to believe in something much bigger than just a product itself," Isaacs said. "It's all about earning trust." Quince, known for selling $50 cashmere sweaters, ships its products directly from factories to minimise middlemen and operating costs. Isaacs joins Quince from Estée Lauder Companies-owned Deciem, parent company of skincare brand The Ordinary, where she served for over eight years, most recently in a three-year tenure as senior director, new global ventures. She led Deciem's North American commercial expansion and US communications strategy. New partnerships with A$AP Rocky and celebrity stylist Erin Walsh signal the retailer's ambitions to be known for more than selling less expensive versions of other brands' products.

PR Newswire
Jan 20th, 2026
Quince launches in Canada with luxury essentials at fair prices

Quince, the US-based luxury essentials brand, has officially launched in Canada, its first international market expansion. Canadian customers can now shop the company's curated range of apparel, accessories and home goods, including Mongolian cashmere and European linen, at quince.ca. The launch follows strong early demand during a soft introduction. Quince has established a Toronto-based team to oversee operations. The brand partners directly with factories to eliminate traditional markups, offering transparent pricing that includes duties and taxes, free shipping and 365-day returns. Founded in 2019, Quince uses a manufacturer-to-consumer model to deliver high-quality products across categories including bedding, outerwear and activewear. The Quince app is now available on the App Store, with Google Play coming soon.

The Marketing Sage
Dec 21st, 2025
The Startling Strategy Behind Quince and the New Economics of Desire

The startling strategy behind Quince and the new economics of desire. I hadn't heard of this business until I heard about efforts to disrupt the luxury goods industry. And that, beyond apparel, they were sticking a big toe into the food-and-beverage world. A simple tale of soft sweaters at prices that make you wonder how the math works. But that version misses the bigger truth. Quince is not a product story at all. It is a system story. It is an Amazon-meets-Old-Money aesthetic that meets Shein's speed, all wrapped in a brand that feels calm, neutral, and reassuring. It carries a promise of "radically fair prices". It has taught millions of consumers that luxury does not need to be expensive, that a dupe can be a badge of intelligence, and that the smartest shoppers have moved beyond traditional labels. While many DTC brands plateaued, Quince built a multi-billion-dollar valuation and hundreds of millions in revenue by designing a machine that identifies unmet demand before competitors can react. Now this same engine is pointed at categories far outside apparel, including caviar, prestige champagne, and wine. If you are in the broader beverage industry, this shift should command your full attention. Quince is not simply entering new categories. It is reshaping the psychology of value within them. The origin story: built on scraping, speed, and supply chain leverage. Quince is a privately held company founded in 2018 by Sid Gupta, Zunu Mittal, and Sourabh Mahajan, a team with backgrounds in retail operations, supply chain optimization, and technology. Although the company does not publish formal financials, recent investor reporting places its 2024 revenue at roughly $300 - $340 million, and it has raised more than $400 million in venture funding to date. In mid-2025, Quince secured another $200 million in growth capital from investors such as Iconiq Capital and Wellington Management, pushing its valuation beyond $4.5 billion. This combination of rising revenue, strong unit economics, and a model that scales efficiently has turned Quince into one of the most closely watched e-commerce businesses in the United States. Its ownership now reflects the typical structure of a fast-growing venture-backed company. The founders still guide strategy and product, but institutional investors hold a significant share and have given the company the financial firepower to expand far outside apparel. This is why Quince can move decisively into new categories like home goods, beauty, food, and now alcohol, supported by capital, technology, and marketplace partners that handle regulatory and logistical complexity. The company's trajectory shows that its ambitions extend far beyond sweaters. With fresh capital, an aggressive data-driven system, and a valuation that signals long-term investor belief, Quince is positioned to reshape consumer expectations wherever it decides to compete. A simple observation. Quince was founded on a deceptively simple observation: consumers were paying massive markups for items that were functionally identical to what factories already produced for luxury brands. The founders believed that a modern brand could connect these factories directly to consumers, eliminating layers of margin along the way. To determine which products to make, Quince built web scrapers to monitor search trends, product rankings, review velocity, and influencer chatter. They looked for items with rising interest, clear aesthetic patterns, and unnecessary markups. Then, instead of designing something entirely new, they created high-quality lookalikes that captured the visual cues of luxury without the price tag. This is the part that unsettles traditional brands. Quince's process is repeatable, fast, and disciplined. It is the supply chain as a competitive weapon. By minimizing SKUs, standardizing materials, and working directly with factories that already serve luxury houses, Quince achieved unit economics that other DTC players could not touch - the result: a company that grew while others stalled. Quince recognized that luxury had become bloated and confusing. Consumers were tired of paying for retail overhead, celebrity endorsements, and theatrics. They wanted quality, not performance. They wanted transparency they could understand without reading a white paper on sustainability. And they were increasingly proud to have found a more innovative alternative. A fifty-dollar Mongolian cashmere sweater from Quince can feel "old money" while still being a savvy financial choice. That is the reframing. Luxury is redefined not by brand name but by sensory experience and price integrity. The system expands: from cashmere to caviar, champagne, and wine. The next phase of Quince's strategy is unfolding now. They are expanding into food and alcohol, introducing caviar, Dom Pérignon-level champagne, and a curated wine selection. They are doing this with the same brand promise: obvious quality, obvious value, zero BS. Behind the scenes, they are partnering with an alcohol marketplace platform that handles compliance, shipping, and inventory. Quince brings eyeballs, trust, and the framing. The partner brings the logistics. Together, they create a shopping experience that makes the consumer feel like a genius for bypassing traditional retail markups. This matters a great deal for beverage and alcohol brands. Because Quince is not just selling bottles. They are resetting the reference price of what "premium" should cost and training consumers to expect it everywhere. * They are resetting the reference price for luxury. Consumers who experience a fifty-dollar cashmere sweater are no longer surprised that caviar or champagne can be affordable when intermediaries disappear. This changes the mental benchmark for evaluating your twenty-four-dollar Chardonnay or your craft gin. Once reset, it becomes a lens through which everything else is judged. * They are making trading down feel like trading up. For decades, trading down signaled financial strain. Quince turned it into a flex. The shopper is not compromising. They are demonstrating savvy. They are choosing quality without paying for "theatrics." That mindset is portable. When they stand in front of your premium bottle, they are not simply comparing liquid to liquid. They are comparing the emotional reward of scoring a Quince level win. * They are turning curation and radical transparency into a new form of status. Quince uses clean photography, simple descriptions, and transparent sources of materials. This creates confidence without the need for storytelling gymnastics. For food and beverage brands, this shifts the battlefield. You are no longer competing with other bottles on the shelf. You are competing with a feeling: clarity, simplicity, and unmistakable value. The bigger lesson: the mushy middle is in trouble. Amazon trained consumers to expect fast shipping, endless choice, and operational perfection. Quince is teaching them to expect luxury quality without luxury pricing. Both forces squeeze in the middle. In beverages and wine, that means brands that rely on heritage language, incremental innovation, or modest quality differences will face increasing pressure. The consumer wants either unmistakable value or unmistakable meaning. Preferably both. Anything that sits in between is exposed. Premium grows but only where meaning is unmistakable. The middle erodes. Quince accelerates this pattern by normalizing the idea that a savvy consumer can always do better. Three key takeaways. * Quince is not a cashmere brand. It is a demand detection machine that converts cultural signals into products with unbeatable perceived value across categories. * Its expansion into caviar, champagne, and wine signals a broader shift where the value-savvy consumer expects premium experiences without premium markups. This creates new pressure on traditional beverage brands. * The winning zone in the future lies at extremes. Offer unmistakable value or unmistakable meaning. Any brand stuck in the middle risks becoming invisible. If you make food, beverage, or wine, the question is simple. How will you compete with a consumer who has been trained to expect a Quince level win every time they buy? Connect with Jeff at The Marketing Sage Consultancy. Interested in setting up a call with me? Use my calendly to schedule a time to talk. The call is free, and The Marketing Sage can discuss your brand and marketing needs. If you want to learn more about my new offering, The Trusted Advisor Board, you can click here to learn the details. Feel free to email me at jeffslater@themarketing sage.com or text 919 720 0995. Thanks for your interest in working with The Marketing Sage Consultancy.

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