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Segment Information (Tables)
12 Months Ended
Mar. 29, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Net revenues, significant expenses, and segment operating income for each of the Company's segments are as follows:
 
Fiscal Year Ended March 29, 2025
 North AmericaEuropeAsiaOther non-reportable segmentsTotal
 (millions)
Net revenues, significant expenses, and segment operating income:
Net revenues$3,050.1 $2,174.9 $1,709.4 $144.6 $7,079.0 
Cost of goods sold(1,184.8)(733.1)(355.7)— (2,273.6)
Selling, general, and administrative expenses(a)
(1,225.2)(875.6)(940.5)(18.8)(3,060.1)
Total segment operating income$640.1 $566.2 $413.2 $125.8 $1,745.3 
Reconciliation of segment operating income to consolidated operating income and income before income taxes:
Corporate expenses, net
$(755.4)
Impairment of assets(0.8)
Restructuring and other charges, net(b)
(57.0)
Operating income932.1 
Non-operating income (expense), net18.6 
Income before income taxes$950.7 
 
Fiscal Year Ended March 30, 2024
 North AmericaEuropeAsiaOther non-reportable segmentsTotal
 (millions)
Net revenues, significant expenses, and segment operating income:
Net revenues$2,950.5 $1,968.0 $1,566.6 $146.3 $6,631.4 
Cost of goods sold(1,211.8)(710.5)(338.6)— (2,260.9)
Selling, general, and administrative expenses(a)
(1,189.8)(792.9)(892.1)(17.4)(2,892.2)
Total segment operating income$548.9 $464.6 $335.9 $128.9 $1,478.3 
Reconciliation of segment operating income to consolidated operating income and income before income taxes:
Corporate expenses, net
$(647.0)
Impairment of assets
— 
Restructuring and other charges, net(b)
(74.9)
Operating income756.4 
Non-operating income (expense), net21.0 
Income before income taxes$777.4 
 
Fiscal Year Ended April 1, 2023
 North AmericaEuropeAsiaOther non-reportable segmentsTotal
 (millions)
Net revenues, significant expenses, and segment operating income:
Net revenues$3,020.5 $1,839.2 $1,426.7 $157.2 $6,443.6 
Cost of goods sold(1,310.4)(707.4)(305.2)— (2,323.0)
Selling, general, and administrative expenses(a)
(1,145.0)(724.5)(831.9)(10.8)(2,712.2)
Total segment operating income$565.1 $407.3 $289.6 $146.4 $1,408.4 
Reconciliation of segment operating income to consolidated operating income and income before income taxes:
Corporate expenses, net
$(651.5)
Impairment of assets
(9.7)
Restructuring and other charges, net(b)
(43.0)
Operating income704.2 
Non-operating income (expense), net(12.3)
Income before income taxes$691.9 
(a)SG&A expenses include costs relating to compensation and benefits, marketing and advertising, rent and occupancy, distribution, information technology, legal, depreciation and amortization, bad debt, and other selling and administrative costs.
(b)The fiscal years presented included certain restructuring and other charges, net (see Note 9) that are excluded from the segment profitability measure utilized by the CODM, which are detailed below:
 Fiscal Years Ended
 March 29,
2025
March 30,
2024
April 1,
2023
 (millions)
Restructuring and other charges, net:
North America-related$(0.6)$(6.6)$(0.4)
Europe-related(3.4)(3.9)(2.7)
Asia-related(2.6)(7.6)(1.3)
Other non-reportable segment-related(0.1)(0.6)— 
Corporate operations-related (13.7)(37.1)(14.8)
Restructuring charges(20.4)(55.8)(19.2)
Other charges (see Note 9)
(36.6)(19.1)(23.8)
Total restructuring and other charges, net$(57.0)$(74.9)$(43.0)
Schedule of restructuring and other charges The fiscal years presented included certain restructuring and other charges, net (see Note 9) that are excluded from the segment profitability measure utilized by the CODM, which are detailed below:
 Fiscal Years Ended
 March 29,
2025
March 30,
2024
April 1,
2023
 (millions)
Restructuring and other charges, net:
North America-related$(0.6)$(6.6)$(0.4)
Europe-related(3.4)(3.9)(2.7)
Asia-related(2.6)(7.6)(1.3)
Other non-reportable segment-related(0.1)(0.6)— 
Corporate operations-related (13.7)(37.1)(14.8)
Restructuring charges(20.4)(55.8)(19.2)
Other charges (see Note 9)
(36.6)(19.1)(23.8)
Total restructuring and other charges, net$(57.0)$(74.9)$(43.0)
Depreciation and amortization by segment
The following tables summarize depreciation and amortization expense and capital expenditures for each of the Company's segments:
 Fiscal Years Ended
 March 29,
2025
March 30,
2024
April 1,
2023
 (millions)
Depreciation and amortization expense:
North America$81.5 $81.1 $74.3 
Europe35.7 36.9 32.0 
Asia52.6 52.4 48.3 
Corporate49.8 58.6 65.9 
Total depreciation and amortization expense
$219.6 $229.0 $220.5 
Schedule of capital expenditures, by segment
Fiscal Years Ended
March 29,
2025
March 30,
2024
April 1,
2023
(millions)
Capital expenditures:
North America$58.5 $55.5 $73.5 
Europe28.6 25.2 34.3 
Asia59.0 49.0 68.4 
Corporate70.1 35.1 41.3 
Total capital expenditures$216.2 $164.8 $217.5 
Net revenues and long-lived assets by geographic location
Net revenues and long-lived assets by geographic location of the reporting subsidiary are as follows:
 Fiscal Years Ended
 March 29,
2025
March 30,
2024
April 1,
2023
 (millions)
Net revenues(a):
The Americas(b)
$3,215.1 $3,122.2 $3,201.1 
Europe(c)
2,154.5 1,942.6 1,815.9 
Asia(d)
1,709.4 1,566.6 1,426.6 
Total net revenues$7,079.0 $6,631.4 $6,443.6 
 March 29,
2025
March 30,
2024
 (millions)
Long-lived assets(a):
The Americas(b)
$1,079.2 $1,045.8 
Europe(c)
493.4 520.5 
Asia(d)
286.9 298.7 
Total long-lived assets$1,859.5 $1,865.0 
(a)For certain of the Company's licensed operations, net revenues and long-lived assets, which is comprised of property and equipment and lease ROU assets, 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. were $3.047 billion, $2.971 billion, and $3.055 billion in Fiscal 2025, Fiscal 2024, and Fiscal 2023, respectively. Long-lived assets located in the U.S. were $1.056 billion and $1.024 billion as of March 29, 2025 and March 30, 2024, respectively.
(c)Includes the Middle East.
(d)Includes Australia and New Zealand.