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v3.26.1

Property, plant and equipment | 12 Months Ended
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Mar. 29, 2026
Property, plant and equipment [abstract] |
Property, plant and equipment | Property, plant and equipment The following table presents changes in the cost and the accumulated depreciation on the Company’s property, plant and equipment:
| Plant equipment | Computer equipment | Leasehold improvements | Shop-in-shop fixtures | Furniture and fixtures | In progress | Total
Cost | $ | $ | $ | $ | $ | $ | $
March 31, 2024 | 37.3 |  | 21.3 |  | 225.2 |  | 10.3 |  | 49.7 |  | 4.1 |  | 347.9 |
Additions | 0.2 |  | 0.2 |  | 5.4 |  | 0.1 |  | 1.4 |  | 21.8 |  | 29.1 |
Disposals | (0.1) |  | (0.2) |  | (3.1) |  | — |  | (0.4) |  | — |  | (3.8) |
Transfers | 0.5 |  | 1.2 |  | 11.5 |  | — |  | 1.3 |  | (14.5) |  | — |
Impact of foreign currency translation | 0.5 |  | 0.6 |  | 7.9 |  | 0.3 |  | 2.0 |  | 0.5 |  | 11.8 |
March 30, 2025 | 38.4 |  | 23.1 |  | 246.9 |  | 10.7 |  | 54.0 |  | 11.9 |  | 385.0 |
Additions | 1.8 |  | 0.6 |  | 9.4 |  | 0.2 |  | 2.1 |  | 38.3 |  | 52.4 |
Disposals | (0.1) |  | (1.1) |  | (3.5) |  | (0.6) |  | (2.5) |  | — |  | (7.8) |
Transfers | 0.5 |  | 1.4 |  | 24.8 |  | 1.2 |  | 2.8 |  | (30.7) |  | — |
Impact of foreign currency translation | 0.1 |  | (0.1) |  | (2.0) |  | — |  | (0.2) |  | 0.3 |  | (1.9) |
March 29, 2026 | 40.7 |  | 23.9 |  | 275.6 |  | 11.5 |  | 56.2 |  | 19.8 |  | 427.7 |
| Plant equipment | Computer equipment | Leasehold improvements | Shop-in-shop fixtures | Furniture and fixtures | In progress | Total
Accumulated depreciation | $ | $ | $ | $ | $ | $ | $
March 31, 2024 | 18.9 |  | 15.3 |  | 99.1 |  | 8.9 |  | 33.9 |  | — |  | 176.1 |
Depreciation | 4.0 |  | 3.5 |  | 28.5 |  | 0.8 |  | 5.7 |  | — |  | 42.5 |
Disposals | — |  | (0.2) |  | (2.8) |  | — |  | (0.3) |  | — |  | (3.3) |
Impairment losses | — |  | — |  | 1.3 |  | — |  | — |  | — |  | 1.3 |
Impact of foreign currency translation | 0.4 |  | 0.4 |  | 4.0 |  | 0.4 |  | 1.6 |  | — |  | 6.8 |
March 30, 2025 | 23.3 |  | 19.0 |  | 130.1 |  | 10.1 |  | 40.9 |  | — |  | 223.4 |
Depreciation | 3.8 |  | 3.2 |  | 27.7 |  | 0.5 |  | 5.0 |  | — |  | 40.2 |
Disposals | — |  | (1.1) |  | (3.1) |  | (0.6) |  | (2.2) |  | — |  | (7.0) |
Impairment losses | — |  | — |  | 4.0 |  | — |  | — |  | — |  | 4.0 |
Impact of foreign currency translation | 0.2 |  | (0.1) |  | (0.4) |  | (0.1) |  | (0.1) |  | — |  | (0.5) |
March 29, 2026 | 27.3 |  | 21.0 |  | 158.3 |  | 9.9 |  | 43.6 |  | — |  | 260.1 |
Net book value |  |  |  |  |  |  |
March 30, 2025 | 15.1 |  | 4.1 |  | 116.8 |  | 0.6 |  | 13.1 |  | 11.9 |  | 161.6 |
March 29, 2026 | 13.4 |  | 2.9 |  | 117.3 |  | 1.6 |  | 12.6 |  | 19.8 |  | 167.6 |
Impairment losses of $8.4m and $2.8m were recognized for the years ended March 29, 2026 and March 30, 2025, respectively. These were recorded within the DTC segment and included in SG&A expenses in the statements of income. These impairments arose primarily as a result of lower than anticipated store performance, which negatively impacted forecasted cash flows. As a result, the Company may elect to close certain underperforming stores prior to the end of their original lease terms.

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