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SEGMENT DATA (Tables) | 9 Months Ended
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Oct. 29, 2023
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 |  |  | Thirty-Nine Weeks Ended |
(In millions) | 10/29/23 | (1) | 10/30/22 | (1) |  | 10/29/23 | (1) | 10/30/22 | (1)
Revenue – Tommy Hilfiger North America |  |  |  |  |  |  |  |  |
Net sales | $ | 326.9 |  |  | $ | 307.2 |  |  |  | $ | 891.2 |  |  | $ | 830.9 |  |
Royalty revenue | 25.6 |  |  | 24.3 |  |  |  | 64.4 |  |  | 62.2 |  |
Advertising and other revenue | 6.7 |  |  | 6.7 |  |  |  | 15.5 |  |  | 16.1 |  |
Total | 359.2 |  |  | 338.2 |  |  |  | 971.1 |  |  | 909.2 |  |
Revenue – Tommy Hilfiger International |  |  |  |  |  |  |  |  |
Net sales | 831.1 |  |  | 805.9 |  |  |  | 2,444.1 |  |  | 2,345.7 |  |
Royalty revenue | 15.6 |  |  | 16.9 |  |  |  | 45.2 |  |  | 46.3 |  |
Advertising and other revenue | 4.0 |  |  | 5.9 |  |  |  | 13.0 |  |  | 15.1 |  |
Total | 850.7 |  |  | 828.7 |  |  |  | 2,502.3 |  |  | 2,407.1 |  |
Revenue – Calvin Klein North America |  |  |  |  |  |  |  |  |
Net sales | 310.0 |  |  | 314.7 |  |  |  | 807.6 |  |  | 872.6 |  |
Royalty revenue | 51.0 |  |  | 49.8 |  |  |  | 121.1 |  |  | 126.2 |  |
Advertising and other revenue | 14.5 |  |  | 15.8 |  |  |  | 35.9 |  |  | 41.3 |  |
Total | 375.5 |  |  | 380.3 |  |  |  | 964.6 |  |  | 1,040.1 |  |
Revenue – Calvin Klein International |  |  |  |  |  |  |  |  |
Net sales | 627.4 |  |  | 570.0 |  |  |  | 1,836.0 |  |  | 1,677.8 |  |
Royalty revenue | 15.5 |  |  | 14.1 |  |  |  | 41.3 |  |  | 38.3 |  |
Advertising and other revenue | 3.8 |  |  | 2.1 |  |  |  | 8.2 |  |  | 6.5 |  |
Total | 646.7 |  |  | 586.2 |  |  |  | 1,885.5 |  |  | 1,722.6 |  |
Revenue – Heritage Brands Wholesale |  |  |  |  |  |  |  |  |
Net sales | 130.4 |  |  | 146.9 |  |  |  | 403.2 |  |  | 455.4 |  |
Royalty revenue | 0.3 |  |  | 0.3 |  |  |  | 0.8 |  |  | 0.7 |  |
Advertising and other revenue | 0.1 |  |  | 0.2 |  |  |  | 0.3 |  |  | 0.4 |  |
Total | 130.8 |  |  | 147.4 |  |  |  | 404.3 |  |  | 456.5 |  |
Total Revenue |  |  |  |  |  |  |  |  |
Net sales | 2,225.8 |  |  | 2,144.7 |  |  |  | 6,382.1 |  |  | 6,182.4 |  |
Royalty revenue | 108.0 |  |  | 105.4 |  |  |  | 272.8 |  |  | 273.7 |  |
Advertising and other revenue | 29.1 |  |  | 30.7 |  |  |  | 72.9 |  |  | 79.4 |  |
Total | $ | 2,362.9 |  |  | $ | 2,280.8 |  |  |  | $ | 6,727.8 |  |  | $ | 6,535.5 |  |
(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 |  |  | Thirty-Nine Weeks Ended |
(In millions) | 10/29/23 | (1) | 10/30/22 | (1) |  | 10/29/23 | (1) | 10/30/22 | (1)
Wholesale net sales | $ | 1,301.6 |  |  | $ | 1,287.1 |  |  |  | $ | 3,555.8 |  |  | $ | 3,596.2 |  |
Owned and operated retail stores | 754.7 |  |  | 710.7 |  |  |  | 2,305.0 |  |  | 2,113.9 |  |
Owned and operated digital commerce sites | 169.5 |  |  | 146.9 |  |  |  | 521.3 |  |  | 472.3 |  |
Retail net sales | 924.2 |  |  | 857.6 |  |  |  | 2,826.3 |  |  | 2,586.2 |  |
Net sales | 2,225.8 |  |  | 2,144.7 |  |  |  | 6,382.1 |  |  | 6,182.4 |  |
Royalty revenue | 108.0 |  |  | 105.4 |  |  |  | 272.8 |  |  | 273.7 |  |
Advertising and other revenue | 29.1 |  |  | 30.7 |  |  |  | 72.9 |  |  | 79.4 |  |
Total | $ | 2,362.9 |  |  | $ | 2,280.8 |  |  |  | $ | 6,727.8 |  |  | $ | 6,535.5 |  |
(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 income (loss) before interest and taxes by segment was as follows:
| Thirteen Weeks Ended |  |  | Thirty-Nine Weeks Ended |
(In millions) | 10/29/23 | (1)(3) |  | 10/30/22 | (1)(5) |  | 10/29/23 | (1)(6) |  | 10/30/22 | (1)(5)
Income (loss) before interest and taxes – Tommy Hilfiger North America | $ | 39.5 |  |  |  | $ | (169.9) |  | (4) |  | $ | 55.0 |  |  |  | $ | (184.8) |  | (4)
Income before interest and taxes – Tommy Hilfiger International | 90.8 |  |  |  | 121.7 |  |  |  | 290.5 |  |  |  | 349.6 |  | (7)
Income (loss) before interest and taxes – Calvin Klein North America | 48.8 |  |  |  | (140.0) |  | (4) |  | 71.4 |  |  |  | (106.4) |  | (4)
Income before interest and taxes – Calvin Klein International | 94.9 |  |  |  | 12.1 |  | (4) |  | 275.5 |  |  |  | 187.6 |  | (4)(7)
Income before interest and taxes – Heritage Brands Wholesale | 3.9 |  |  |  | 7.3 |  |  |  | 21.5 |  |  |  | 37.5 |  |
Loss before interest and taxes – Corporate(2) | (48.1) |  |  |  | (45.2) |  |  |  | (142.0) |  |  |  | (110.2) |  | (8)
Income (loss) before interest and taxes | $ | 229.8 |  |  |  | $ | (214.0) |  |  |  | $ | 571.9 |  |  |  | $ | 173.3 |  |
(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 and the Company’s proportionate share of the net income or loss of its investment in Karl Lagerfeld until the closing of the Karl Lagerfeld transaction on May 31, 2022. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion. 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) Income (loss) before interest and taxes for the thirteen weeks ended October 29, 2023 included costs of $18.8 million incurred related to the 2022 cost savings initiative described in Note 15, “Exit Activity Costs,” consisting principally of severance. Such costs were included in the Company’s segments as follows: $5.4 million in Tommy Hilfiger North America, $3.6 million in Tommy Hilfiger International, $2.6 million in Calvin Klein North America, $1.7 million in Calvin Klein International, $3.2 million in Heritage Brands Wholesale and $2.3 million in corporate expenses not allocated to any reportable segments. Please see Note 15, “Exit Activity Costs,” for further discussion. (4) (Loss) income before interest and taxes for the thirteen and thirty-nine weeks ended October 30, 2022 included a noncash goodwill impairment charge of $417.1 million. The goodwill impairment charge was included in the Company’s segments as follows: $177.2 million in Tommy Hilfiger North America, $162.6 million in Calvin Klein North America and $77.3 million in Calvin Klein International. Please see Note 6, “Goodwill and Other Intangible Assets,” for further discussion. (5) (Loss) income before interest and taxes for the thirteen and thirty-nine weeks ended October 30, 2022 included costs of $16.7 million incurred related to the 2022 cost savings initiative described in Note 15, “Exit Activity Costs,” consisting of severance. Such costs were included in the Company’s segments as follows: $4.2 million in Tommy Hilfiger North America, $2.1 million in Tommy Hilfiger International, $4.0 million in Calvin Klein North America, $2.7 million in Calvin Klein International, $2.2 million in Heritage Brands Wholesale and $1.5 million in corporate expenses not allocated to any reportable segments. Please see Note 15, “Exit Activity Costs,” for further discussion. (6) Income (loss) before interest and taxes for the thirty-nine weeks ended October 29, 2023 included costs of $57.8 million incurred related to the 2022 cost savings initiative described in Note 15, “Exit Activity Costs,” consisting principally of severance. Such costs were included in the Company’s segments as follows: $11.8 million in Tommy Hilfiger North America, $15.9 million in Tommy Hilfiger International, $8.5 million in Calvin Klein North America, $10.2 million in Calvin Klein International, $7.8 million in Heritage Brands Wholesale and $3.6 million in corporate expenses not allocated to any reportable segments. Please see Note 15, “Exit Activity Costs,” for further discussion. (7) Income before interest and taxes for the thirty-nine weeks ended October 30, 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 15, “Exit Activity Costs,” for further discussion. (8) Loss before interest and taxes for the thirty-nine weeks ended October 30, 2022 included a gain of $16.1 million in connection with the Karl Lagerfeld transaction. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion. Intersegment transactions, which primarily consist of transfers of inventory, are not material.

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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 -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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