Lipika Roy, Buyer

Lipika Roy

Buyer

Stylishop.com (Landmark Group)

Location
United Arab Emirates - Dubai
Education
Master's degree, Marketing
Experience
12 years, 9 Months

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Work Experience

Total years of experience :12 years, 9 Months

Buyer at Stylishop.com (Landmark Group)
  • United Arab Emirates - Dubai
  • My current job since July 2020

•Responsible for curating and managing a commercially viable range with an annual sales budget of 24 million AED (approx. 15% of Women’s Business) across women’s Outerwear, jumpsuits, and marketplace brands for e-commerce retailer, stylishop.com.
•Secured an intake margin of 60%, which is +2% YoY growth through extensive cost price negotiations with vendors in China & India, product innovation and critical path management.
•Achieved a 60% growth in sales in FY22-23 and 127% achievement of budget with the new and improved range.
•Range curation and management of external brands has grown the portfolio to approx. 20% of company revenue.
•AW23 range grew 12% YoY with healthy trade margin of 43% predominantly driven by reinvention of entry price range.

Buyer at Landmark group, Max Fashion
  • United Arab Emirates - Dubai
  • July 2017 to July 2020

• Pivotal in developing Fashion Knit Tops & Knitwear, totaling a revenue of AED 88 million, which constituted 43% of total category knits’ business.
• Delivered an intake margin at 62% by open costing negotiations with suppliers in China, Turkey & India.
• Achieved YoY growth on sale by 12% and full price sell through at 80% for Spring Summer’19.
• Strategized an increase in the share of cozy products within fashion knit tops resulting in an overperformance of 80% of the range.
• Planned 35% increase in heavy cardigans for WN19, which resulted in an increase in profitability of the knitwear range by 14%.

Buyer at Izabel London - Pantaloons
  • India - Mumbai
  • March 2016 to June 2017

• Devised and implemented a range that would continue to make the brand commercially feasible with a turnover of INR 370 million across 182 stores.
• Timely launch of the new collection for Autumn-Winter 2016 led to a growth of 31% in sale and overachieved its budget for the season by 5%.
• Secured an intake margin of 67% on spring summer’17 collection, wherein more than 70% of the range was below price point 999/- and resulting in a budget achievement of 109% in the FY 16-17.

Deputy Buyer at Candie's - Pantaloons
  • India - Mumbai
  • October 2013 to March 2016

• Attained an unprecedented growth of 80% for the brand, 65% YoY growth and achieved 145% of its sales budget in Spring Summer 2016.
• Successfully achieved an intake margin of 71% against a budget of 65%.
• Proactively ensured that the brand objective of offering fashion at value was met by launching 65% of the range for Spring Summer’16 below price point INR 999
• Curated a range for tier 2 cities based on customer interactions and competition analysis and as a result, the products generated a full price sell through of 60% within 8 weeks.
• Launched fast fashion products with a turnaround time of 60 days that fetched a full price sell through of 65% within 8 weeks; the brand achieved 119% of its budget in the FY 16-17

Assistant Buyer at Vero Moda
  • India - Mumbai
  • June 2011 to September 2013

• Handled range planning and inventory control for 33 retail stores, 23 SIS (Shop in Shops) and 3 ecommerce brands across India.
• Conducted weekly market visits to study competition and gather customer feedback to incorporate necessary actions in our subsequent buys or to inject missed out trends mid-season; the brand achieved 110% of its budget in 2013.

Education

Master's degree, Marketing
  • at Symbiosis Centre for Managerment and Human Resource development
  • April 2024

The Course commenced in the year 2008. The 1st year, which consisted of 2 semesters with 13 subjects each, predominantly encapsulated general business studies. The second year laid more emphasis on your choice of specialisation.

Bachelor's degree, BBA
  • at Symbiosis Center for Management studies
  • March 2024
Master's degree, M.B.A. (Marketing)
  • at Symbiosis International University, SCMHRD
  • March 2010
Bachelor's degree, B.B.A. (General Management)
  • at Symbiosis International University, SCMS
  • March 2008

Specialties & Skills

Product Development
Brand Management
Fashion Retail
Retail Buying
Product Management
NEGOTIATION
CURATION
MANAGEMENT
INNOVATION
PRODUCT INNOVATION
INVENTORY CONTROL
PLANNING
TURNAROUND TIME
CREATIVITY
People management
Product development
Excel and Power Point

Languages

English
Expert
Hindi
Expert
Bengali
Intermediate

Hobbies

  • Yoga, Martial arts, Reading, Travelling.