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SEGMENT DATA (Tables) | 6 Months Ended
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Jul. 31, 2022
Segment Reporting Information [Line Items] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | The Company’s revenue by segment was as follows:
| Thirteen Weeks Ended |  |  | Twenty-Six Weeks Ended |
(In millions) | 7/31/22 | (1) | 8/1/21 | (1) |  | 7/31/22 | (1) | 8/1/21 | (1)
Revenue – Tommy Hilfiger North America |  |  |  |  |  |  |  |  |
Net sales | $ | 288.2 |  |  | $ | 273.9 |  |  |  | $ | 523.7 |  |  | $ | 478.6 |  |
Royalty revenue | 17.1 |  |  | 15.4 |  |  |  | 37.9 |  |  | 33.0 |  |
Advertising and other revenue | 4.2 |  |  | 3.6 |  |  |  | 9.4 |  |  | 8.1 |  |
Total | 309.5 |  |  | 292.9 |  |  |  | 571.0 |  |  | 519.7 |  |
Revenue – Tommy Hilfiger International |  |  |  |  |  |  |  |  |
Net sales | 749.5 |  |  | 826.3 |  |  |  | 1,539.8 |  |  | 1,636.3 |  |
Royalty revenue | 14.9 |  |  | 13.1 |  |  |  | 29.4 |  |  | 26.0 |  |
Advertising and other revenue | 4.6 |  |  | 3.2 |  |  |  | 9.2 |  |  | 7.2 |  |
Total | 769.0 |  |  | 842.6 |  |  |  | 1,578.4 |  |  | 1,669.5 |  |
Revenue – Calvin Klein North America |  |  |  |  |  |  |  |  |
Net sales | 301.0 |  |  | 311.0 |  |  |  | 557.9 |  |  | 517.0 |  |
Royalty revenue | 34.2 |  |  | 28.6 |  |  |  | 76.4 |  |  | 60.3 |  |
Advertising and other revenue | 11.5 |  |  | 9.5 |  |  |  | 25.5 |  |  | 20.0 |  |
Total | 346.7 |  |  | 349.1 |  |  |  | 659.8 |  |  | 597.3 |  |
Revenue – Calvin Klein International |  |  |  |  |  |  |  |  |
Net sales | 549.2 |  |  | 560.6 |  |  |  | 1,107.8 |  |  | 1,085.6 |  |
Royalty revenue | 11.9 |  |  | 11.0 |  |  |  | 24.2 |  |  | 21.5 |  |
Advertising and other revenue | 2.2 |  |  | 1.7 |  |  |  | 4.4 |  |  | 3.2 |  |
Total | 563.3 |  |  | 573.3 |  |  |  | 1,136.4 |  |  | 1,110.3 |  |
Revenue – Heritage Brands Wholesale |  |  |  |  |  |  |  |  |
Net sales | 143.2 |  |  | 217.7 |  |  |  | 308.5 |  |  | 408.9 |  |
Royalty revenue | 0.2 |  |  | 4.8 |  |  |  | 0.4 |  |  | 9.8 |  |
Advertising and other revenue | 0.1 |  |  | 0.8 |  |  |  | 0.2 |  |  | 1.4 |  |
Total | 143.5 |  |  | 223.3 |  |  |  | 309.1 |  |  | 420.1 |  |
Revenue – Heritage Brands Retail |  |  |  |  |  |  |  |  |
Net sales | — |  |  | 32.0 |  |  |  | — |  |  | 75.6 |  |
Royalty revenue | — |  |  | — |  |  |  | — |  |  | — |  |
Advertising and other revenue | — |  |  | — |  |  |  | — |  |  | — |  |
Total | — |  |  | 32.0 |  |  |  | — |  |  | 75.6 |  |
Total Revenue |  |  |  |  |  |  |  |  |
Net sales | 2,031.1 |  |  | 2,221.5 |  |  |  | 4,037.7 |  |  | 4,202.0 |  |
Royalty revenue | 78.3 |  |  | 72.9 |  |  |  | 168.3 |  |  | 150.6 |  |
Advertising and other revenue | 22.6 |  |  | 18.8 |  |  |  | 48.7 |  |  | 39.9 |  |
Total | $ | 2,132.0 |  |  | $ | 2,313.2 |  |  |  | $ | 4,254.7 |  |  | $ | 4,392.5 |  |
(1) Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business. The Company’s revenue by distribution channel was as follows:
| Thirteen Weeks Ended |  | Twenty-Six Weeks Ended
(In millions) | 7/31/22 |  | 8/1/21 |  | 7/31/22 |  | 8/1/21
Wholesale net sales | $ | 1,073.8 |  |  | $ | 1,211.3 |  |  | $ | 2,309.1 |  |  | $ | 2,447.9 |
Owned and operated retail stores | 784.5 |  |  | 828.1 |  |  | 1,403.2 |  |  | 1,394.6 |
Owned and operated digital commerce sites | 172.8 |  |  | 182.1 |  |  | 325.4 |  |  | 359.5 |
Retail net sales | 957.3 |  |  | 1,010.2 |  |  | 1,728.6 |  |  | 1,754.1 |
Net sales | 2,031.1 |  |  | 2,221.5 |  |  | 4,037.7 |  |  | 4,202.0 |
Royalty revenue | 78.3 |  |  | 72.9 |  |  | 168.3 |  |  | 150.6 |
Advertising and other revenue | 22.6 |  |  | 18.8 |  |  | 48.7 |  |  | 39.9 |
Total | $ | 2,132.0 |  |  | $ | 2,313.2 |  |  | $ | 4,254.7 |  |  | $ | 4,392.5 |
The Company’s income before interest and taxes by segment was as follows:
| Thirteen Weeks Ended |  |  | Twenty-Six Weeks Ended |
(In millions) | 7/31/22 | (1) |  | 8/1/21 | (1) |  | 7/31/22 | (1) |  | 8/1/21 | (1)
(Loss) income before interest and taxes – Tommy Hilfiger North America | $ | (1.9) |  |  |  | $ | 24.7 |  |  |  | $ | (14.9) |  |  |  | $ | 19.6 |  | (6)
Income before interest and taxes – Tommy Hilfiger International | 88.5 |  | (4) |  | 164.8 |  |  |  | 227.9 |  | (4) |  | 332.1 |  | (6)
Income before interest and taxes – Calvin Klein North America | 21.9 |  |  |  | 39.7 |  |  |  | 33.6 |  |  |  | 38.9 |  | (6)
Income before interest and taxes – Calvin Klein International | 78.4 |  | (4) |  | 98.9 |  |  |  | 175.5 |  | (4) |  | 195.3 |  | (6)
Income before interest and taxes – Heritage Brands Wholesale | 13.4 |  |  |  | 22.2 |  |  |  | 30.2 |  |  |  | 43.4 |  |
Loss before interest and taxes – Heritage Brands Retail | — |  |  |  | (20.6) |  | (5) |  | — |  |  |  | (33.9) |  | (5)
Loss before interest and taxes – Corporate(2) | (23.3) |  | (3) |  | (50.7) |  |  |  | (65.0) |  | (3) |  | (119.0) |  | (6)
Income before interest and taxes | $ | 177.0 |  |  |  | $ | 279.0 |  |  |  | $ | 387.3 |  |  |  | $ | 476.4 |  |
(1) Income (loss) before interest and taxes was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business. (2) Includes corporate expenses not allocated to any reportable segments, the results of PVH Ethiopia (through the closure of the Ethiopia factory in the fourth quarter of 2021) and the Company’s proportionate share of the net income or loss of its investment in Karl Lagerfeld after the Company resumed the equity method of accounting for its investment in the fourth quarter of 2021 and until the closing of the Karl Lagerfeld transaction on May 31, 2022. Please see Note 5, “Redeemable Non-Controlling Interest,” for further discussion of PVH Ethiopia and Note 6, “Investments in Unconsolidated Affiliates,” for further discussion of the Company’s investment in Karl Lagerfeld. Corporate expenses represent overhead operating expenses and include expenses for senior corporate management, corporate finance, information technology related to corporate infrastructure, certain digital investments, certain corporate responsibility initiatives, certain global strategic initiatives and actuarial gains and losses on the Company’s Pension Plans, SERP Plans and Postretirement Plans (which are generally recorded in the fourth quarter). (3) Loss before interest and taxes for the thirteen and twenty-six weeks ended July 31, 2022 included a gain of $16.1 million in connection with the Karl Lagerfeld transaction. Please see Note 6, “Investments in Unconsolidated Affiliates,” for further discussion. (4) Income before interest and taxes for the thirteen and twenty-six weeks ended July 31, 2022 included costs of $50.5 million incurred in connection with the Company’s decision to exit from its Russia business, principally consisting of noncash asset impairments. Such costs were included in the Company’s segments as follows: $36.7 million in Tommy Hilfiger International and $13.8 million in Calvin Klein International. Please see Note 16, “Exit Activity Costs,” for further discussion. (5) Loss before interest and taxes for the thirteen and twenty-six weeks ended August 1, 2021 included costs and operating losses associated with the wind down of the Heritage Brands Retail business that was substantially completed in the second quarter of 2021. Please see Note 16, “Exit Activity Costs,” for further discussion. (6) Income (loss) before interest and taxes for the twenty-six weeks ended August 1, 2021 included costs of $45.1 million incurred in connection with actions to streamline the Company’s organization through reductions in its workforce, primarily in certain international markets, and to reduce its real estate footprint, including reductions in office space and select store closures, consisting of noncash asset impairments, severance, and contract termination and other costs. Such costs were included in the Company’s segments as follows: $1.7 million in Tommy Hilfiger North America, $7.1 million in Tommy Hilfiger International, $2.1 million in Calvin Klein North America, $5.7 million in Calvin Klein International and $28.5 million in corporate expenses not allocated to any reportable segments. Please see Note 16, “Exit Activity Costs,” for further discussion.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
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