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v3.26.1

Material accounting policy information (Tables) | 12 Months Ended
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Mar. 29, 2026
Accounting Policies, Changes In Accounting Estimates And Errors [Abstract] |
Schedule of Useful Lives of Property, Plant and Equipment | Estimated useful lives are as follows:
Asset Category | Estimated Useful Life
Plant equipment (except moulds) | 10 years
Footwear moulds | 5 years
Computer equipment | 3 years
Leasehold improvements | Lesser of the lease term or useful life of the asset
Shop-in-shop fixtures | 5 years
Furniture and fixtures | 5 to 10 years
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 |
Schedule of Useful Lives of Intangible Assets | The useful lives of intangible assets are assessed as either finite or indefinite.
Asset Category | Estimated Useful Life
Brand name | Indefinite
Domain name | Indefinite
Software | 5 to 7 years
Intellectual property | 1 to 8 years
Customer lists (Japan Joint Venture) | 10 years
Customer lists (Paola Confectii SRL) | 4 years
Distribution rights | 5 to 10 years
Intangible assets comprise the following:
| March 29, 2026 | March 30, 2025
| $ | $
Intangible assets with finite lives | 11.1 |  | 15.1 |
Intangible assets with indefinite lives: |  |
Brand name | 116.5 |  | 116.5 |
Domain name | 0.3 |  | 0.3 |
Intangible assets | 127.9 |  | 131.9 |
The following table presents the changes in cost and accumulated amortization of the Company’s intangible assets with finite lives:
| Intangible assets with finite lives
| Software | Intellectual property | Customer lists | Distribution rights | Total
Cost | $ | $ | $ | $ | $
March 31, 2024 | 10.9 |  | 18.5 |  | 10.5 |  | 6.3 |  | 46.2 |
Additions | 0.2 |  | — |  | — |  | — |  | 0.2 |
Disposals | (1.1) |  | — |  | — |  | — |  | (1.1) |
Transfers | 0.3 |  | (0.3) |  | — |  | — |  | — |
Impact of foreign currency translation | 0.2 |  | — |  | 0.9 |  | 0.4 |  | 1.5 |
March 30, 2025 | 10.5 |  | 18.2 |  | 11.4 |  | 6.7 |  | 46.8 |
Additions | — |  | — |  | — |  | — |  | — |
Disposals | — |  | (0.1) |  | — |  | — |  | (0.1) |
Transfers | (0.8) |  | 0.8 |  | — |  | — |  | — |
Impact of foreign currency translation | (0.2) |  | 0.2 |  | (0.5) |  | (0.5) |  | (1.0) |
March 29, 2026 | 9.5 |  | 19.1 |  | 10.9 |  | 6.2 |  | 45.7 |
| Software | Intellectual property | Customer lists | Distribution rights | Total
Accumulated amortization | $ | $ | $ | $ | $
March 31, 2024 | 7.1 |  | 17.9 |  | 1.6 |  | 1.3 |  | 27.9 |
Amortization | 1.5 |  | 0.2 |  | 1.3 |  | 0.6 |  | 3.6 |
Disposals | (0.5) |  | — |  | — |  | — |  | (0.5) |
Impact of foreign currency translation | — |  | — |  | 0.6 |  | 0.1 |  | 0.7 |
March 30, 2025 | 8.1 |  | 18.1 |  | 3.5 |  | 2.0 |  | 31.7 |
Amortization | 0.6 |  | 0.4 |  | 1.3 |  | 0.6 |  | 2.9 |
Disposals | — |  | — |  | — |  | — |  | — |
Impact of foreign currency translation | 0.1 |  | — |  | — |  | (0.1) |  | — |
March 29, 2026 | 8.8 |  | 18.5 |  | 4.8 |  | 2.5 |  | 34.6 |
Net book value |  |  |  |  |
March 30, 2025 | 2.4 |  | 0.1 |  | 7.9 |  | 4.7 |  | 15.1 |
March 29, 2026 | 0.7 |  | 0.6 |  | 6.1 |  | 3.7 |  | 11.1 |
Schedule of Valuation Techniques Used in Determining Fair Value of Financial Instruments | The following table describes the valuation techniques used in the determination of the fair values of financial instruments:
Type | Valuation Approach
Cash, trade receivables, accounts payable and accrued liabilities | The carrying amount approximates fair value due to the short term maturity of these instruments.
Derivatives (included in other current assets, other long-term assets, accounts payable and accrued liabilities or other long-term liabilities) | Specific valuation techniques used to value derivative financial instruments include: - quoted market prices or dealer quotes for similar instruments; - observable market information as well as valuations determined by external valuators with experience in the financial markets.
Revolving Facility, Term Loan, Mainland China Facilities, and Japan Facility | The fair value is based on the present value of contractual cash flows, discounted at the Company’s current incremental borrowing rate for similar types of borrowing arrangements or, where applicable, market rates.
Put option liability | The fair value is based on the present value of the amount expected to be paid to the non-controlling shareholder if the put option is exercised. Subsequent changes in the present value of the amount that could be required to be paid at each reporting date are recorded with the statements of income until the put option is exercised or expires.
Contingent consideration | The fair value of the applicable contingent consideration is determined based on the estimated financial outcome and the resulting expected contingent consideration to be paid, discounted using an appropriate rate. Subsequent changes in the fair value is recognized in the statements of income.

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