About Us:

Rent the Runway (RTR) is transforming the way we get dressed by pioneering the world’s first Closet in the Cloud. Founded in 2009, RTR has disrupted the $2.4 trillion fashion industry by inspiring women with a more joyful, sustainable and financially-savvy way to feel their best every day. As the ultimate destination for circular fashion, the brand now offers infinite points of access to its shared closet via a fully customizable subscription to fashion, one-time rental or ownership. RTR offers designer apparel, accessories and home decor from 700+ brand partners and has built in-house proprietary technology and a one-of-a-kind reverse logistics operation. Under CEO and Co-Founder Jennifer Hyman’s leadership, RTR has been named to CNBC’s “Disruptor 50” five times in ten years, and has been placed on Fast Company’s Most Innovative Companies list multiple times, while Hyman herself has been named to the “TIME 100” most influential people in the world and as one of People magazine’s “Women Changing the World.”

About the Job:

The Rent the Runway Fashion Team is looking for a results-oriented Buyer who will be responsible for managing a specific product division as well as conceptualizing and incubating new merchandise categories in the future. Our Fashion team is filled with passionate go-getters who love dreaming big, implementing new ideas, delivering an incredible experience to our customers and creating a fun, dynamic culture. We are seeking a high-energy, self-starter to join our team.

What You’ll Do:

• Manage and grow brand relationships within the RTR Contemporary matrix
• Continuously monitor industry trends, evaluate competition, attend major markets
• Own and execute the merchandise strategy for your brand matrix, including product selection and key item development
• Manage styles to the OTB & Attribute plan, ensuring that the assortment is properly balanced in terms of trend, silhouette, fabric, color, price point, etc., and that we are taking the correct depth positions
• Collaborate on style outs with the Buying and Planning teams, presenting to DMM, CMO, and VP of Planning
• Review and analyze your business weekly, monthly, seasonally, developing appropriate initiatives and problem solving
• Negotiating and evolving contracts with new and existing vendors to seek win-win partnerships and evolve the way we partner together
• Work cross-functionally with in the company on special projects to set us up for scale
• Support and develop an Assistant Buyer, working on career growth opportunities and providing constant constructive feedback

About You:

• Bachelor’s degree and minimum of 4+ years in retail buying
• Skilled at vendor negotiation and relationship building with the ability to influence vendors/cross-functional partners
• Strong analytical and conceptual skills
• Highly effective written and verbal communication skills
• Compelling presentation skills with ability to lead
• Creative thinker and innovative problem solver
• Flexible, with the ability to work with limited resources and willingness to be involved in many aspects of a fast growing company
• Demonstrate ability to identify key items and trends in the marketplace and execute a merchandising strategy to drive profitability
• Collaborative personality; ability to use feedback from others in a constructive way
• High energy self-starter who takes ownership and initiative
• High level of professionalism and a positive, forward-thinking, team oriented attitude
• Proven Leadership and project management are a must
• Existing Contemporary RTW and Denim relationships are a plus

Benefits:

At Rent the Runway, we’re committed to the wellbeing of our employees, and aim to create a workplace that fosters both personal and professional growth. Our inclusive benefits include, but are not limited to:

• Paid Time Off including vacation, paid bereavement, and family sick leave - every employee needs time to take care of themselves and their family.
• Universal Paid Parental Leave for both parents + flexible return to work program - because we know your newest family member(s) deserve your undivided attention.
• Paid Sabbatical after 5 years of continuous service - Unplug, recharge, and have some fun!
• Exclusive employee subscription and rental discounts - to ensure you experience the magic of renting the runway (and give us valued feedback!).
• Comprehensive health, vision, dental, FSA and dependent care from day 1 of employment - Your health comes first and we’ve got you covered.
• 401k match - an investment in your future.
• Company wide events and outings - our team spirit is no joke - we know how to have fun!
• Office centric work - our corporate employees and technical leaders have the option to work remotely on Fridays, in accordance with Company policies.

Rent the Runway is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant or employee based on any legally-recognized basis, including, but not limited to: race, color, religion, sex (including pregnancy, lactation, childbirth or related medical conditions), sexual orientation, gender identity, age (40 and over), national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed service member status or any other status protected by federal, state or local law.

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The anticipated base salary for this position is $75,000 - $100,000. The actual base salary offered will depend on a variety of factors, including without limitation, the qualifications of the individual applicant for the position, years of relevant experience, level of education attained, certifications or other professional licenses held.