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Vice President Merchandising

Location:
Maplewood, NJ
Posted:
February 13, 2021

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Resume:

T h o m a s c a r r a g h e r

* * * . * * * . * * 1 2 ******.*********@*****.***

Dynamic retail leader specializing in the right mix of creativity and industry data to drive growth across multiple channels. Proven track record of bringing product to market in a way that maximizes performance over time. Known as a strong manager of people and a great collaborator across functions. Focused on empowerment, taking smart risks and developing talent to drive results. FullBeauty Brands, New York, NY 2018 – 2020

Vice President / GMM Woman Within (2019 – 2020)

Responsible for the $350M omni-channel women’s apparel strategy across e-commerce, catalog and marketplaces (Amazon & Walmart). Focused teams on achieving sales, margin and profitability plans and oversee the development of key items, leveraging customer persona, to ensure the right product mix focused on fit, quality and value. Managed a team of 2 direct reports, 17 merchandisers, and multiple cross-functional partners in merchandise planning, e-commerce and creative services.

• Set assortment direction for the brand with a focus on driving growth through assortment hierarchy: core (60%), proven (25%) and new (15%) product.

• Determined promotional activity by channel to maximize KPIs and drive growth.

• Approved creative, layouts, copy and images for all channels.

• Signed-off on investments in partnership with Inventory Management in new quarterly assortment and planning process to improve product flow, inventory turn and margin.

• Partnered with Sourcing to drive strategic relationships thru fabric rationalization (-14% LY), assortment reduction (-18% LY) and vendor consolidation (-8% LY) to reduce COGS.

• Analyzed brand P&L at Monthly Operating Review with a focus on maximizing EBIDTA. Vice President / DMM Woman Within: Knit & Woven Tops, Sweaters, Dresses, Accessories and Free Gifts (2018 – 2019)

• Aligned with Design on assortment with a view to both short- and long-term seasonal color palette and print direction to reduce duplication and mitigate markdown activity.

• Implemented fundamental assortment strategy of basic, fashion basic and fashion (60/30/10) to deliver on customer expectation and increase conversion.

• Worked closely with creative services to build product layouts for all channels.

• Managed a team of 8 merchandisers across multiple levels. GAP INC., San Francisco, CA 2000 – 2017

Divisional Merchandise Manager Gap Global Omni Men’s (2016 – 2017) Led the $650M omni-channel transformation of the Men’s Division, merging the Specialty and Outlet businesses into one organization and served as GM of the Outlet business with a focus on integration. Managed and developed a team of 4 direct reports and 6 cross-functional partners.

• Led the Specialty and Outlet Global Men’s team through business and organizational transformation creating the footprint for the balance of Gap business units.

• Utilized three distinct development capabilities (core 50%, seasonal 40% and fast 10%) to build commercially viable assortments across e-commerce and stores.

• Established and implemented a localized “value, good, better, best” pricing architecture.

• Partnered with inventory management to build inventory plans by season and category to deliver top and bottom-line growth, while reducing fashion risk. THOMAS E. CARRAGHER PAGE 2 OF 2

Senior Director, Head of Merchandising (DMM) Old Navy Baby & Maternity (2013 – 2015) Responsible for the $600M Baby & Maternity Division, developing product strategies with design, e-commerce, production, inventory management and visual merchandising partners. Managed and developed a team of 15, along with multiple cross-functional partners.

• Grew the division volume to $600M delivering +4% Retail and +6% GM$ comp in 2014.

• Developed long range plans as the strategic driver of growth including product innovation in “Mix & Match” knits and the launch of “Newborn Sets” in Spring 2015.

• Partnered with e-commerce to align promotional activity, augment new product launches, and present “Big Ideas” to ensure a seamless customer experience across all channels.

• Leveraged the Women’s Division as the driver of maternity design and assortment planning, saving 50% on design hours and reallocating resources to higher volume categories. Divisional Merchandise Manager Gap Global Outlet Kids & Baby (2011 – 2013) Developed the global merchandise strategy for the $340M Kids & Baby Division. Managed and developed a team of 13, along with multiple cross-functional partners.

• Created dominance in pillar businesses: denim, logo, and Play Time Favorites.

• Developed sourcing strategies that increased flexibility in the product pipeline, leveraging core fabrics with a focus on cost savings.

• Analyzed store layouts with Visual Merchandising to define store level assorting strategies — resulting in 6% decrease in L1 and L2 customer choices, and a decrease of 8% in L3 stores.

• Implemented new size segmentation in baby business — netting a reduction of 1 size segment, resulting in less overall inventory, but greater depth at size/store level. Merchandise Manager Gap Outlet Girl’s (2005 – 2010) Senior Merchandiser Gap Outlet Men’s (2003 – 2005) Merchandiser Gap Outlet Men’s (2002 – 2003)

Inventory Planner Banana Republic Factory Store (2000 – 2002) QVC INC., West Chester, PA 1999 – 2000

Sales and Product Planner Jewelry

NINE WEST GROUP INC., New York, NY 1997 – 1999

National Merchandising Manager Accessories (1998 – 1999) Merchandise Coordinator Accessories (1997 – 1998) EDUCATION

Philadelphia College of Textiles & Science 1997

Bachelor of Science — Fashion Merchandising



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