Buyer - Perfume & Cosmetics

With a career at Hudson, you really benefit! We Offer:

• Health, dental and vision insurance
• Generous paid time off (vacation, flex or sick)
• 401(k) retirement plan with company match
• Company paid life insurance
• Tuition reimbursement
• Employee assistance program
• Training and exciting career growth opportunities
• Referral program – refer a friend and earn a bonus

Compensation: $86,900.00 to $105,300.00 USD or $79,700.00 to $99,600.00 CAD 

Purpose: The Buyer is responsible for sourcing, selecting, and purchasing for Perfume & Cosmetics in alignment with the company’s goals and current trends for both Duty Free and Duty Paid locations, ensuring the right products are available to meet customer demands while maximizing profitability.

Essential Functions:

• Sources, develops, and curates new brands and product assortments that align with the company objectives, customer preferences and market trends
• Monitors industry trends, consumer preferences, and competitor activities to proactively identify opportunities and challenges; adjusts assortments accordingly
• Manages supplier and vendor relationships, negotiates pricing and terms, ensures optimal delivery schedules
• Analyzes sales data and performance metrics to make informed decisions on assortment mix and inventory replenishment
• Develops and maintains an understanding of the target audience, adjusting assortments to match evolving consumer preferences
• Addresses aged and slow-moving inventory levels and develops strategies for markdowns and promotions
• Executes SKU rationalization to maximize performance based on space allocation
• Partners with Planner using the OTB to manage stock levels
• Develops an exit strategy on non-go forward items; negotiates RTVs, implement markdowns, promotions, and price changes

Reporting Relationship: The Buyer reports into the Category Director of Perfume & Cosmetics

Major Interdependencies: Global Category team, Supply Chain, Master Data, Revenue Generation, Planning, Space Planning, Marketing, and Operations

Minimum Qualifications, Knowledge, Skills, and Work Environment:

• Education and Experience: The combination of education and professional experience must exceed 6 years:

• • In a technical role: Requires 6 years in retail operations, merchandising, or executing buying programs
    • A bachelor’s degree in a business, marketing, or management program related to the functional area can count for 2 of the 6-year requirement
    • An MBA or a master’s level degree in a program related to the functional area can count for an additional 2 years of 6-year requirement
  • In the industry: 3-5 years of retail experience

• Specialized Training:

• • Training that leads to an in-depth understanding of the buying function               

• Specialized Skillset/Competencies/Traits:

• • Advanced proficiency in Microsoft Office, especially Excel, with commitment to data accuracy
  • Experience with SAP and SNOW systems preferred for luxury retail operations
  • Business acumen and also has the mindset required to understand the long-term implications of buying decisions and to advance the organization’s goals
  • Demonstrated history of understanding the needs of the business, stakeholders, the employee population, and individual circumstances
  • Demonstrated history of creating and maintaining positive work environments 

• Location/Travel:

• This position may be based at either North America Support Center in East Rutherford, NJ or Toronto, Canada

• • May require travel up to 30%

Avolta, including Dufry, HMSHost Corporation, Hudson, and affiliates (“the Company”), is an equal opportunity employer. It is the Company’s policy to ensure equal employment opportunity in all aspects of employment and to comply with anti-discrimination laws and regulations. The Company prohibits discrimination and harassment of any type and provides equal opportunities to applicants and team members without regard to actual or perceived race, color, creed, age, religion, sex or gender (including pregnancy, childbirth, related medical conditions and lactation), gender identity or gender expression (including transgender status), sexual orientation, national origin, disability, military service and veteran status, ancestry, citizenship status, marital status, protected medical condition as defined by applicable state or local law, genetic information, or any other basis protected by applicable federal, state or local laws and ordinances (referred to as “protected characteristics”).