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Goodwill and Other Intangible Assets
9 Months Ended
Apr. 01, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets GOODWILL AND OTHER INTANGIBLE ASSETS
Goodwill

The change in the carrying amount of the Company’s goodwill by segment is as follows:
 CoachKate Spade
Stuart Weitzman(1)
Total
(millions)
Balance at July 2, 2022$609.1 $632.4 $— $1,241.5 
Foreign exchange impact3.9 (0.1) $3.8 
Balance at April 1, 2023$613.0 $632.3 $ $1,245.3 
(1)    Amount is net of accumulated goodwill impairment charges of $210.7 million as of April 1, 2023 and July 2, 2022.
Intangible Assets
Intangible assets consist of the following:
April 1, 2023July 2, 2022
Gross
Carrying
Amount
Accum.
Amort.
NetGross
Carrying
Amount
Accum.
Amort.
Net
(millions)
Intangible assets subject to amortization:
Customer relationships$100.4 $(48.4)$52.0 $100.3 $(43.5)$56.8 
Intangible assets not subject to amortization:
Trademarks and trade names1,309.8  1,309.8 1,309.8 — 1,309.8 
Total intangible assets$1,410.2 $(48.4)$1,361.8 $1,410.1 $(43.5)$1,366.6 

Amortization expense for the Company’s definite-lived intangible assets for the three and nine months ended April 1, 2023 was $1.6 million and $4.9 million, respectively. Amortization expense for the Company’s definite-lived intangible assets for the three and nine months ended April 2, 2022 was $1.6 million and $4.9 million, respectively.
As of April 1, 2023, the expected amortization expense for intangible assets is as follows:
 Amortization Expense
(millions)
Remainder of fiscal 2023$1.7 
Fiscal 20246.5 
Fiscal 20256.5 
Fiscal 20266.5 
Fiscal 20276.5 
Thereafter24.3 
Total$52.0 
The expected amortization expense above reflects remaining useful lives ranging from approximately 7.1 to 9.3 years for customer relationships.