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Segment Information
9 Months Ended
Apr. 01, 2023
Segment Reporting [Abstract]  
Segment Information SEGMENT INFORMATION
The Company has three reportable segments:
Coach - Includes global sales of Coach products to customers through Coach operated stores, including e-commerce sites and concession shop-in-shops, sales to wholesale customers and through independent third party distributors.
Kate Spade - Includes global sales primarily of kate spade new york brand products to customers through Kate Spade operated stores, including e-commerce sites and concession shop-in-shops, sales to wholesale customers, and through independent third party distributors.
Stuart Weitzman - Includes global sales of Stuart Weitzman brand products primarily through Stuart Weitzman operated stores, sales to wholesale customers, through e-commerce sites and through independent third party distributors.
In deciding how to allocate resources and assess performance, the Company's chief operating decision maker regularly evaluates the sales and segment operating profit of these segments. Segment operating profit is the gross margin of the segment less direct expenses of the segment.
The following table summarizes net sales of each of the company's segments for the three and nine months ended April 1, 2023 and April 2, 2022:
Three Months EndedNine Months Ended
April 1, 2023April 2, 2022April 1, 2023April 2, 2022
Segment net sales:    
Coach$1,144.0 $1,072.4 $3,713.0 $3,712.3 
Kate Spade297.2 301.51,109.4 1,101.4 
Stuart Weitzman68.3 63.6219.0245.9
Total Net sales:$1,509.5 $1,437.5 $5,041.4 $5,059.6 

The following table summarizes segment operating profit of each of the company's segments and reconciliation to Income (loss) before provision for income taxes for the three and nine months ended April 1, 2023 and April 2, 2022:
Three Months EndedNine Months Ended
April 1, 2023April 2, 2022April 1, 2023April 2, 2022
Segment operating profit:    
Coach$342.2 $285.5 $1,134.6 $1,124.5 
Kate Spade8.010.3100.2131.2
Stuart Weitzman0.8(6.3)(3.6)5.5
Total segment operating profit:$351.0 $289.5 $1,231.2 $1,261.2 
Unallocated corporate expenses(1)
124.7 120.0 332.4 333.9 
Loss on extinguishment of debt —  53.7 
Unallocated other charges, net(2)
3.1 17.8 22.5 55.1 
Income (loss) before provision for income taxes$223.2 $151.7 $876.3 $818.5 

The following table summarizes depreciation and amortization expense of each of the company's segments for the three and nine months ended April 1, 2023 and April 2, 2022:
Three Months EndedNine Months Ended
April 1, 2023April 2, 2022April 1, 2023April 2, 2022
Depreciation and amortization expense(3):
    
Coach$21.0 $19.2 $68.0 $59.3 
Kate Spade10.0 9.732.330.7
Stuart Weitzman2.7 2.17.86.4
Unallocated corporate(1)
8.2 17.5 22.4 51.7 
Total Depreciation and amortization expense:$41.9 $48.5 $130.5 $148.1 
(1)    Corporate, which is not a reportable segment, represents certain costs that are not directly attributable to a segment. These costs primarily include administration and certain costs for information systems.
(2)    Includes Interest expense, net and Other expense (income).
(3)    Depreciation and amortization expense for the segments includes an allocation of expense related to assets which support multiple segments.