Buyer 12 Month FTC | Cult Beauty at THG in London

Life at THG Beauty

We know that beauty isn't one-size-fits-all. Our portfolio of leading retailers and iconic beauty brands caters to everyone, everywhere, empowering customers all over the world to look and feel fantastic.

By combining our portfolio of owned brands inclusive of ESPA, Ameliorate and Christophe Robin, with a marketplace for over 1,300 third-party beauty brands through online retail sites LOOKFANTASTIC, Cult Beauty, and Dermstore, THG Beauty's ambition is to be the global digital partner of choice across the beauty industry, supporting the channel shift to online.

THG Beauty's breadth of relationships is unique to the beauty market; it engages with brands as a retailer, a brand owner, and a product developer and manufacturer, making it the industry's digital strategic leader.

CULT BEAUTY

Well, we're a beauty-obsessed team who share a common goal — to be the home of beauty discovery. Our mission is to unlock a love of beauty by inspiring discovery and self-expression through expert curation. We exist for All Ages, All Faces. We pride ourselves on being on the pulse of beauty, known for bringing new and exclusive brands and products to the market as well as being the place you can find all the latest trending, must have brands. Our Cult Community values transparency and so do we. That's why we only sell the products that truly blow us away.

As part of the Cult Beauty team, you'll be encouraged to share ideas and empowered to aim for the skies. We're not just here to sell the most unbelievably amazing beauty products in the world, we also want to challenge the definition of what 'beauty' is and use our platform to challenge the status quo — both in our industry and society.
About the Cult Beauty Edits category: The Cult Beauty Edits programme is a key strategic pillar in delivering our mission to be the home of beauty discovery. This sampling opportunity connects beauty lovers with products they'll come to know and obsess over from our top hero brands to our newly discovered next big thing. The programme includes our annual advent calendars, category specific edits and collaborations with brand-aligned 3rd party partners.

As one of our key USPs, it's vital that this category continues to evolve as we innovate new ways to drive discovery, generate excitement, and accelerate loyalty across our beauty community.

Why be a Buyer at THG Beauty?

Working closely with the category Buying teams, you will be responsible for leading on the product strategy for the Edits whilst delivering continued sales & profit growth. You will analyse performance to create and deliver a future strategy that reacts to this, ensuring that our customers are at the heart of every decision made within the buying team. You will consider how the programme can be used to deliver upon total business and key category objectives. You'll play a pivotal role in driving growth and innovation - collaborating across functions, influencing and showcasing plans to senior stakeholders, and driving forward the proposition within the wider Cult Beauty brand to both customers and brand partners.

As Buyer, you'll:

• Partner with the Buying Manager (line manager) on annual range planning and budget management, ensuring profitability and cost efficiency.
• Lead the sourcing and negotiation strategy for edits in collaboration with Buyers that hold the relationship with suppliers
• Collaborate with category Buying teams to align brand plans and optimise commercial negotiations whilst delivering category objectives
• Work alongside packaging buyer and design team to source packaging and merchandising to include within edits
• Collaborate with wider marketing teams to ensure edit brand collaborations are best in class
• Work with compliance team to reduce non-compliant deliveries and ensure new requirements are fed back to team
• Represent the Edit programme and sampling in key new business meetings and partnership strategy discussions with both leading and up and coming beauty brands.
• Be the product lead for Edits in cross-functional forums with SLT and wider stakeholders, shaping product strategy and vision.
• Own and evolve the Edit pitch process
• Ensure timely delivery against the critical path by collaborating with Merchandising and Packaging Buyer counterparts to enable on time launches
• Stay ahead of emerging beauty trends, translating insights into innovative product curations and collaborations.
• Continuous monitoring and review of business performance to analyse sales patterns, advises teams and ensures appropriate action is taken to unforeseen sales reactions.
• Monitors satisfaction from both customer feedback/ reviews as well as brand partners

KPI's

Responsibility for building strength in key strategic brand relationships while delivering sales & profit growth

• Sales Growth Target(s):- achieving sales growth in line if not above of budget.
• Gross Margin Target(s):- achieving sales growth at maintained or improved margin by through planning of sales prices and cost management
• Securing commercial terms improvement across margin, payment terms, marketing investment and purchasing retro's where applicable
• Delivery of an annual range plan and strategy that is built to deliver continuous sales growth to outperform previous year's performance
• Team and business collaboration

What skills and experience do I need for this role?

Responsibility for building strength in key strategic brand relationships while delivering sales & profit growth

• Sales Growth Target(s):- achieving sales growth in line if not above of budget.
• Gross Margin Target(s):- achieving sales growth at maintained or improved margin by through planning of sales prices and cost management
• Securing commercial terms improvement across margin, payment terms, marketing investment and purchasing retro's where applicable
• Delivery of an annual range plan and strategy that is built to deliver continuous sales growth to outperform previous year's performance
• Team and business collaboration

Essential skills and qualities

• Passionate about beauty and always ahead of the trends
• Experienced in buying, account management, or brand partnerships.
• Prioritises, structures work & effectively manage time
• Financial and analytical ability – ability to budget and review performance
• Excellent communicator – able to give clarity and set direction
• Ability to form good working relationships with internal teams and external clients
• Proactive and innovative
• Critical thinker and problem-solving skills
• Project management skills
• Commercially sharp with strong negotiation and financial acumen.
• Strategic, creative, and driven to make an impact in a fast-paced environment.

What's in it for me?

Career Development

• Access bespoke development programmes that have been designed and developed by our in-house L&D team.

• Continued development through our upskilling programme that is delivered in partnership with an industry-leading training provider.

Enhanced Leave

• 25 days annual leave plus bank holidays.

• Don't want to work on your birthday? We don't either! Enjoy your day off on us!

• Enhanced maternity and paternity pay, depending on length of service.

• Up to 10 days compassionate leave.

• Buy back up to 3 days each year.

• Unlock 2 days volunteer leave after 12-months.

Wellbeing Support

• Access face-to-face and virtual appointments with our in-house GP.
  
• Access our 247 Employee Assistance Programme (EAP) which is provided by Bupa.

Other Perks

• Save up to 12% on the cost of personal tech through our salary sacrifice scheme.
  
• Up to 50% staff discount on THG brands.
  
• Know someone who would be perfect for THG? Refer them and get up to £1000 when they pass their probation.

• Anniversary gifts when you hit 5 and 10 years of service.