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Inventories (Tables)

12 Months Ended

Feb. 03, 2024

Inventory Disclosure [Abstract]

Schedule of Inventory

The following table summarizes the details of the Company’s inventory for the periods presented:

(in millions)			February 3, 2024						January 28, 2023
Raw materials			$	49.4					$	89.2
Merchandise inventories			1,887.2						2,061.1
Total inventories			$	1,936.6					$	2,150.3

Schedule of Inventory Reserves

Inventory reserves

(in millions)			Fiscal 2024						Fiscal 2023						Fiscal 2022
Inventory reserve, beginning of period			$	27.7					$	46.8					$	52.9
Charged to income			37.6						63.6						101.8
Utilization (1)			(48.6)						(82.7)						(107.9)
Inventory reserve, end of period			$	16.7					$	27.7					$	46.8

(1)     Includes the impact of foreign exchange translation, as well as $2.2 million in Fiscal 2022 utilized for inventory identified as part of the Company’s previously disclosed restructuring plan. As the plan was substantially completed in Fiscal 2021, there were no additional amounts utilized in Fiscal 2024 or Fiscal 2023.

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Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

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