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Intangible Assets and Goodwill | 6 Months Ended
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Sep. 27, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets and Goodwill | Intangible Assets and Goodwill The following table details the carrying values of the Company’s intangible assets and goodwill (in millions):
| September 27, 2025 |  | March 29, 2025
Definite-lived intangible assets: |  |  |
Reacquired rights | $ | 400 |  |  | $ | 400 |
Trademarks | 23 |  |  | 23 |
Customer relationships (1) | 222 |  |  | 214 |
Gross definite-lived intangible assets | 645 |  |  | 637 |
Less: accumulated amortization | (277) |  |  | (259) |
Net definite-lived intangible assets | 368 |  |  | 378 |
Indefinite-lived intangible assets: |  |  |
Jimmy Choo brand (2) | 212 |  |  | 204 |
Net indefinite-lived intangible assets | 212 |  |  | 204 |
Intangible assets, net | $ | 580 |  |  | $ | 582 |
Goodwill (3) | $ | 203 |  |  | $ | 199 |
(1)The change in the carrying value since March 29, 2025 reflects the impact of foreign currency translation adjustments. (2)The change in the carrying value since March 29, 2025 reflects the impact of foreign currency translation adjustments. As of September 27, 2025 and March 29, 2025, the Company had accumulated impairment charges of $358 million related to its Jimmy Choo brand intangible assets. (3)Includes accumulated impairment of $605 million related to the Jimmy Choo reporting units as of September 27, 2025 and March 29, 2025. Amortization expense for the Company’s definite-lived intangible assets was $7 million and $14 million, respectively, for the three and six months ended September 27, 2025. Amortization expense for the Company’s definite-lived intangible assets was $7 million and $13 million, respectively, for the three and six months ended September 28, 2024.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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