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Revenue Recognition (Tables)

6 Months Ended

Oct. 01, 2022

Revenue from Contract with Customer [Abstract]

Schedule of Contractually Guaranteed Minimum Fees

As of October 1, 2022, contractually guaranteed minimum fees from the Company’s license agreements expected to be recognized as revenue during future periods were as follows (in millions):

			Contractually Guaranteed Minimum Fees
						Remainder of Fiscal 2023			$	15
Fiscal 2024			30
Fiscal 2025			30
Fiscal 2026			27
Fiscal 2027			23
Fiscal 2028 and thereafter			42
Total			$	167

Schedule of Segment Revenues Disaggregated by Geographic Location

The following table presents the Company’s segment revenue disaggregated by geographic location (in millions):

			Three Months Ended												Six Months Ended
			October 1, 2022						September 25, 2021						October 1, 2022						September 25, 2021
Versace revenue - the Americas			$	120					$	107					$	235					$	194
Versace revenue - EMEA			130						118						237						205
Versace revenue - Asia			58						57						111						123
Total Versace			308						282						583						522
Jimmy Choo revenue - the Americas			43						38						97						76
Jimmy Choo revenue - EMEA			57						56						123						106
Jimmy Choo revenue - Asia			42						43						94						97
Total Jimmy Choo			142						137						314						279
Michael Kors revenue - the Americas			643						556						1,268						1,146
Michael Kors revenue - EMEA			213						214						404						379
Michael Kors revenue - Asia			106						111						203						227
Total Michael Kors			962						881						1,875						1,752
Total revenue - the Americas			806						701						1,600						1,416
Total revenue - EMEA			400						388						764						690
Total revenue - Asia			206						211						408						447
Total revenue			$	1,412					$	1,300					$	2,772					$	2,553

X

- Definition

Tabular disclosure of cost capitalized in obtaining or fulfilling contract with customer.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 340
-SubTopic 40
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=126905575&loc=SL49131252-203054

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045

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