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Goodwill and Other Intangible Assets (Tables) | 9 Months Ended
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Aug. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of goodwill | The changes in the carrying amount of goodwill by business segment for the nine months ended August 31, 2025 and August 25, 2024 were as follows:
| Nine Months Ended August 31, 2025
| Americas |  | Europe |  | Asia |  | Other Brands(1) |  | Total
| (Dollars in millions)
Balance, December 1, 2024 |  |  |  |  |  |  |  |  |
Goodwill | $ | 242.7 |  |  | $ | 37.2 |  |  | $ | 2.9 |  |  | $ | 123.6 |  |  | $ | 406.4 |
Accumulated impairment losses | — |  |  | (17.1) |  |  | — |  |  | (111.7) |  |  | (128.8) |
| 242.7 |  |  | 20.1 |  |  | 2.9 |  |  | 11.9 |  |  | 277.6 |
Impairment losses | (2.5) |  |  | — |  |  | — |  |  | — |  |  | (2.5) |
Goodwill acquired during the year | — |  |  | — |  |  | — |  |  | — |  |  | — |
Foreign currency fluctuation | 1.7 |  |  | 2.0 |  |  | — |  |  | — |  |  | 3.7 |
Balance, August 31, 2025 |  |  |  |  |  |  |  |  |
Goodwill | 244.4 |  |  | 39.2 |  |  | 2.9 |  |  | 123.6 |  |  | 410.1 |
Accumulated impairment losses | (2.5) |  |  | (17.1) |  |  | — |  |  | (111.7) |  |  | (131.3) |
| $ | 241.9 |  |  | $ | 22.1 |  |  | $ | 2.9 |  |  | $ | 11.9 |  |  | $ | 278.8 |
_____________ (1)Comprised of the Beyond Yoga® reporting unit goodwill only.
| Nine Months Ended August 25, 2024
| Americas |  | Europe |  | Asia |  | Other Brands(1) |  | Total
| (Dollars in millions)
Balance, November 26, 2023 |  |  |  |  |  |  |  |  |
Goodwill | $ | 231.7 |  |  | $ | 32.6 |  |  | $ | 2.8 |  |  | $ | 123.6 |  |  | $ | 390.7 |
Accumulated impairment losses | — |  |  | (11.6) |  |  | — |  |  | (75.4) |  |  | (87.0) |
| 231.7 |  |  | 21.0 |  |  | 2.8 |  |  | 48.2 |  |  | 303.7 |
Impairment losses(2) | — |  |  | (5.5) |  |  | — |  |  | (36.3) |  |  | (41.8) |
Goodwill acquired during the year(3) | 15.9 |  |  | 5.0 |  |  | — |  |  | — |  |  | 20.9 |
Foreign currency fluctuation | (2.7) |  |  | 0.6 |  |  | 0.1 |  |  | — |  |  | (2.0) |
Balance, August 25, 2024 |  |  |  |  |  |  |  |  |
Goodwill | 244.9 |  |  | 38.2 |  |  | 2.9 |  |  | 123.6 |  |  | 409.6 |
Accumulated impairment losses | — |  |  | (17.1) |  |  | — |  |  | (111.7) |  |  | (128.8) |
| $ | 244.9 |  |  | $ | 21.1 |  |  | $ | 2.9 |  |  | $ | 11.9 |  |  | $ | 280.8 |
_____________ (1)Comprised of the Beyond Yoga® reporting unit goodwill only. (2)For the nine months ended August 25, 2024 the Company recorded a Beyond Yoga® goodwill noncash impairment charge of $36.3 million. (3)For the nine months ended August 25, 2024 the Company recorded goodwill of $15.9 million in connection with the acquisition of all operating assets related to Levi’s® brands from Expofaro S.A.S, the Company’s former distributor in Colombia.
Finite-lived intangible assets | The following table presents the Company’s other intangible assets, net:
| August 31, 2025 |  | December 1, 2024
| Gross Carrying Value |  | Accumulated Amortization |  | Total |  | Gross Carrying Value |  | Accumulated Amortization |  | Total
| (Dollars in millions)
Non-amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |
Trademarks (1) | $ | 177.9 |  |  | $ | — |  |  | $ | 177.9 |  |  | $ | 177.9 |  |  | $ | — |  |  | $ | 177.9 |
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer relationships and other (2) | 38.6 |  |  | (21.8) |  |  | 16.8 |  |  | 37.6 |  |  | (18.9) |  |  | 18.7 |
Total | $ | 216.5 |  |  | $ | (21.8) |  |  | $ | 194.7 |  |  | $ | 215.5 |  |  | $ | (18.9) |  |  | $ | 196.6 |
_____________ (1)For the year ended December 1, 2024 the Company recorded a Beyond Yoga® trademark noncash impairment charge of $66.0 million based on a Level 3 fair value of $135.1 million. (2)For the year ended December 1, 2024 the Company recorded a Beyond Yoga® customer relationship intangible assets noncash impairment charge of $9.1 million based on a Level 3 fair value of $9.7 million.
Indefinite-lived intangible assets | The following table presents the Company’s other intangible assets, net:
| August 31, 2025 |  | December 1, 2024
| Gross Carrying Value |  | Accumulated Amortization |  | Total |  | Gross Carrying Value |  | Accumulated Amortization |  | Total
| (Dollars in millions)
Non-amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |
Trademarks (1) | $ | 177.9 |  |  | $ | — |  |  | $ | 177.9 |  |  | $ | 177.9 |  |  | $ | — |  |  | $ | 177.9 |
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer relationships and other (2) | 38.6 |  |  | (21.8) |  |  | 16.8 |  |  | 37.6 |  |  | (18.9) |  |  | 18.7 |
Total | $ | 216.5 |  |  | $ | (21.8) |  |  | $ | 194.7 |  |  | $ | 215.5 |  |  | $ | (18.9) |  |  | $ | 196.6 |
_____________ (1)For the year ended December 1, 2024 the Company recorded a Beyond Yoga® trademark noncash impairment charge of $66.0 million based on a Level 3 fair value of $135.1 million. (2)For the year ended December 1, 2024 the Company recorded a Beyond Yoga® customer relationship intangible assets noncash impairment charge of $9.1 million based on a Level 3 fair value of $9.7 million.

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