Michael Agneta: Vice President, Divisional Merchandise Manager in Saint Johns, FL
Michael Agneta
Vice President, Divisional Merchandise Manager
Saint Johns | United States
Skills
No information
Industries
Fishing
Lifestyle
Outdoor
Tech
Health & Fitness
Work experience
Fanatics, Inc.
Vice President, Divisional Merchandise Manager | 11/2011 - Current
Leads organization of 7 reports handling the online product offering for the National Football League. Drove sales volume growth from $100 million to over $750 million annually while maintaining margins well more than 50%. Develops and implements both top down and bottoms up assortment strategies to maximize contribution margins and divisional profitability.
Owns Open-To-Buy and all assorted financial metrics - Sales, Gross Margin, Contribution Margin, Markdowns, Stock Turn, Inventory, Aged Inventory, and Profitability
Cross Functional leader - Primary partner with First- and Third-Party Vendors, Marketing, Social, Paid Search, Customer Service, International, & Warehouse Operations teams regarding league-specific business initiatives, particularly special events and hot markets
Drives key item strategies to maintain inventory levels of core items by maximizing high in-stock percentages and driving increases in online conversion rates and incremental top line growth
Lead of Fanatics’ $100M “Segmented Merchandise” growth strategy designed to recruit and create collaborations with well known consumer products brands in the licensed sports space
Developed skill sets of ten direct reports to a position of promotion within the company, including one Buyer to DMM.
Prior responsibilities also included NASCAR Omnichannel, (Annually $10M online, $30M physical retail), Strategic & Emerging (launched multiple eSports leagues as well as the Kentucky Derby, PGA, & USGA)

GSI Commerce
Director, Divisional Merchandise Manager | 09/1999 - 11/2011
Oversaw organization of 11 reports in 3 licensed sporting goods divisions as well as one inventory replenishment specialist. Combined sales volume totaling over $225 million annually, until merger with Fanatics in 2011.
- Category responsibilities included: NFLShop.com, NASCAR.com Superstore, QVC
- Owned Open-To-Buy and all assorted financial metrics - Sales, Margin, Markdowns, Stock Turn, Inventory, Aged Inventory, and Business Development Funds (cooperative advertising)
- Worked with customer service to maximize customer experience - acting on customer feedback, reducing return rates, and collaborating with social media outlet(s)
- Grew core businesses by maximizing opportunities through business-to-business relationships (via Amazon Marketplace) & print catalog services
Divisional Merchandise Manager, Sports & Recreation
Assumed responsibility of six direct reports in 3 sporting goods divisions as well as two in the entertainment vertical. Combined sales volume totaling over $80 million annually. Coordinated extensive vendor relationship network to create value for GSI's retail partners through innovative marketing, merchandising, and assortment plans.
- Category responsibilities included: Team Sports, Action Sports, Outdoor Recreation, Exercise & Golf
- Created standardized program for online circular and reciprocal vendor link integration.
- Leveraged assortment strengths into various direct import/private label/special make-up opportunities
- Worked in tandem with interactive group to develop productive email, paid search, and vendor rate card campaigns
- Developed skill sets of four direct reports to a position of promotion within the company
- Promoted to Director, February 2008
Other Positions Held, GSI Commerce:
- Senior Buyer, Team & Action Sports Divisions (2004-2007)
- Category Manager/Buyer, Team Sports Division (2002-2004)
- Associate Category Manager, Team Sports & Games (2000-2002)
- Merchandiser (1999-2000)
