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Segment Information
 9 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company has three reportable segments based on its business activities and organization:
•North America — The North America segment primarily consists of sales of Ralph Lauren branded apparel, footwear & accessories, home, and related products made through the Company's retail and wholesale businesses in the U.S. and Canada. In North America, the Company's retail business is primarily comprised of its Ralph Lauren stores, its factory stores, and its digital commerce site, www.RalphLauren.com. The Company's wholesale business in North America is comprised primarily of sales to department stores and, to a lesser extent, specialty stores.
•Europe — The Europe segment primarily consists of sales of Ralph Lauren branded apparel, footwear & accessories, home, and related products made through the Company's retail and wholesale businesses in Europe and emerging markets. In Europe, the Company's retail business is primarily comprised of its Ralph Lauren stores, its factory stores, its concession-based shop-within-shops, and its various digital commerce sites. The Company's wholesale business in Europe is comprised primarily of a varying mix of sales to both department stores and specialty stores, depending on the country, as well as to various third-party digital partners.
•Asia — The Asia segment primarily consists of sales of Ralph Lauren branded apparel, footwear & accessories, home, and related products made through the Company's retail and wholesale businesses in Asia, Australia, and New Zealand. The Company's retail business in Asia is primarily comprised of its Ralph Lauren stores, its factory stores, its concession-based shop-within-shops, and its various digital commerce sites. In addition, the Company sells its products online through various third-party digital partner commerce sites. The Company's wholesale business in Asia is comprised primarily of sales to department stores, with related products distributed through shop-within-shops.
No operating segments were aggregated to form the Company's reportable segments. In addition to these reportable segments, the Company also has other non-reportable segments, which primarily consist of Ralph Lauren and Chaps branded royalty revenues earned through its global licensing alliances. In addition, prior to its disposition at the end of the Company's first quarter of Fiscal 2022, other non-reportable segments also included sales of Club Monaco branded products made through the Company's retail and wholesale businesses in the U.S., Canada, and Europe, and its licensing alliances in Asia. Refer to Note 8 for additional discussion regarding the disposition of the Company's former Club Monaco business, as well as the transition of its Chaps business to a fully licensed business model.
The Company's segment reporting structure is consistent with how it establishes its overall business strategy, allocates resources, and assesses performance of its business. The accounting policies of the Company's segments are consistent with those described in Notes 2 and 3 of the Fiscal 2022 10-K. Sales and transfers between segments are generally recorded at cost and treated as transfers of inventory. All intercompany revenues are eliminated in consolidation and are not reviewed when evaluating segment performance. Each segment's performance is evaluated based upon net revenues and operating income before restructuring-related charges, impairment of assets, and certain other one-time items, if any. Certain corporate overhead expenses related to global functions, most notably the Company's executive office, information technology, finance and accounting, human resources, and legal departments, largely remain at corporate. Additionally, other costs that cannot be
allocated to the segments based on specific usage are also maintained at corporate, including corporate advertising and marketing expenses, depreciation and amortization of corporate assets, and other general and administrative expenses resulting from corporate-level activities and projects.
Net revenues for each of the Company's segments are as follows:
 Three Months EndedNine Months Ended
 December 31,
2022		December 25,
2021		December 31,
2022		December 25,
2021
 (millions)
Net revenues:
North America$937.6 $928.7 $2,364.9 $2,293.9 
Europe469.3 462.9 1,378.4 1,313.3 
Asia386.2 382.6 1,036.7 940.7 
Other non-reportable segments39.2 41.2 122.8 147.9 
Total net revenues$1,832.3 $1,815.4 $4,902.8 $4,695.8 
Operating income for each of the Company's segments is as follows:
 Three Months EndedNine Months Ended
 December 31,
2022		December 25,
2021		December 31,
2022		December 25,
2021
 (millions)
Operating income(a):
North America$214.9 $229.6 $474.8 $586.5 
Europe109.6 97.1 317.4 353.4 
Asia89.8 85.6 234.2 189.4 
Other non-reportable segments36.9 38.5 114.1 106.2 
451.2 450.8 1,140.5 1,235.5 
Unallocated corporate expenses(161.3)(161.5)(456.2)(465.3)
Unallocated restructuring and other charges, net(b)
(7.8)(0.2)(20.3)(8.6)
Total operating income$282.1 $289.1 $664.0 $761.6 
(a)Segment operating income and unallocated corporate expenses during the three-month and nine-month periods ended December 31, 2022 and December 25, 2021 also included asset impairment charges (see Note 7), which are detailed below:
 Three Months EndedNine Months Ended
 December 31,
2022		December 25,
2021		December 31,
2022		December 25,
2021
 (millions)
Asset impairment charges:
North America$— $— $— $(0.4)
Asia— — — (1.1)
Other non-reportable segments— — — (0.3)
Unallocated corporate expenses— — (0.2)(17.5)
Total asset impairment charges$— $— $(0.2)$(19.3)
(b)The three-month and nine-month periods ended December 31, 2022 and December 25, 2021 included certain unallocated restructuring and other charges, net (see Note 8), which are detailed below:
 Three Months EndedNine Months Ended
 December 31,
2022		December 25,
2021		December 31,
2022		December 25,
2021
 (millions)
Unallocated restructuring and other charges, net:
North America-related$(0.4)$— $(0.4)$0.1 
Europe-related— — 1.1 1.0 
Asia-related— 0.8 0.2 1.2 
Other non-reportable segment-related— — — (0.1)
Corporate operations-related (0.4)0.4 (3.6)(3.5)
Unallocated restructuring benefits (charges)(0.8)1.2 (2.7)(1.3)
Other charges (see Note 8)(7.0)(1.4)(17.6)(7.3)
Total unallocated restructuring and other charges, net$(7.8)$(0.2)$(20.3)$(8.6)
Depreciation and amortization expense for the Company's segments is as follows:
 Three Months EndedNine Months Ended
 December 31,
2022		December 25,
2021		December 31,
2022		December 25,
2021
 (millions)
Depreciation and amortization expense:
North America$18.5 $17.8 $54.7 $53.5 
Europe8.0 7.4 23.1 22.7 
Asia11.9 13.1 35.5 38.9 
Other non-reportable segments— — — 0.4 
Unallocated corporate16.8 17.9 50.0 53.8 
Total depreciation and amortization expense
$55.2 $56.2 $163.3 $169.3 
Net revenues by geographic location of the reporting subsidiary are as follows:
 Three Months EndedNine Months Ended
 December 31,
2022		December 25,
2021		December 31,
2022		December 25,
2021
 (millions)
Net revenues(a):
The Americas(b)
$983.1 $974.5 $2,506.3 $2,451.8 
Europe(c)
463.0 458.0 1,359.8 1,302.5 
  Asia(d)
386.2 382.9 1,036.7 941.5 
Total net revenues$1,832.3 $1,815.4 $4,902.8 $4,695.8 
(a)Net revenues for certain of the Company's licensed operations are included within the geographic location of the reporting subsidiary which holds the respective license.
(b)Includes the U.S., Canada, and Latin America. Net revenues earned in the U.S. during the three-month and nine-month periods ended December 31, 2022 were $941.3 million and $2.391 billion, respectively, and $939.2 million and $2.356 billion, during the three-month and nine-month periods ended December 25, 2021, respectively.
(c)Includes the Middle East.
(d)Includes Australia and New Zealand.