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SEGMENTS | 12 Months Ended
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Jan. 31, 2023
SEGMENTS [Abstract] |
SEGMENTS | NOTE 14 — SEGMENTS ​ The Company’s reportable segments are business units that offer products through different channels of distribution. The Company has two reportable segments: wholesale operations and retail operations. The wholesale operations segment includes sales of products under the Company’s owned, licensed and private label brands, as well as sales related to the Vilebrequin and Karl Lagerfeld businesses, other than sales of the Karl Lagerfeld Paris brand from retail stores and digital outlets. Wholesale revenues also include revenues from license agreements related to our owned trademarks including DKNY, Donna Karan, Karl Lagerfeld, Vilebrequin, G.H. Bass and Andrew Marc and Sonia Rykiel. The retail operations segment consists primarily of direct sales to consumers through Company-operated stores, which, prior to the completion of the retail restructuring in fiscal 2021, consisted primarily of Wilsons Leather, G.H. Bass, DKNY and Karl Lagerfeld Paris stores, substantially all of which are operated as outlet stores. Sales through Company-owned digital channels, with the exception of Vilebrequin, are also included in the retail operations segment. As a result of the restructuring of the Company’s retail operations, the Company closed its Wilsons Leather, G.H. Bass and Calvin Klein Performance retail stores during fiscal 2021. After completion of the restructuring, the Company’s retail operations segment consists of DKNY and Karl Lagerfeld Paris stores, as well as the digital channels for DKNY, Donna Karan, Karl Lagerfeld Paris, G.H Bass, Andrew Marc and Wilsons Leather. ​ The following segment information, in thousands, is presented for the fiscal years ended: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | January 31, 2023
​ |  | Wholesale |  | Retail |  | Elimination (1) |  | Total
Net sales | ​ | $ | 3,160,025 | ​ | $ | 137,231 | ​ | $ | (70,528) | ​ | $ | 3,226,728
Cost of goods sold | ​ | ​ | 2,127,318 | ​ | ​ | 68,801 | ​ | ​ | (70,528) | ​ | ​ | 2,125,591
Gross profit | ​ | ​ | 1,032,707 | ​ | ​ | 68,430 | ​ | ​ | — | ​ | ​ | 1,101,137
Selling, general and administrative expenses | ​ | ​ | 736,820 | ​ | ​ | 96,331 | ​ | ​ | — | ​ | ​ | 833,151
Depreciation and amortization | ​ | ​ | 23,980 | ​ | ​ | 3,782 | ​ | ​ | — | ​ | ​ | 27,762
Asset impairments and gain on lease terminations | ​ | ​ | 347,722 | ​ | ​ | 1,964 | ​ | ​ | — | ​ | ​ | 349,686
Operating profit (loss) | ​ | $ | (75,815) | ​ | $ | (33,647) | ​ | $ | — | ​ | $ | (109,462)
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | January 31, 2022
​ |  | Wholesale |  | Retail |  | Elimination (1) |  | Total
Net sales | ​ | $ | 2,710,787 | ​ | $ | 117,656 | ​ | $ | (61,905) | ​ | $ | 2,766,538
Cost of goods sold | ​ | ​ | 1,782,533 | ​ | ​ | 57,721 | ​ | ​ | (61,905) | ​ | ​ | 1,778,349
Gross profit | ​ | ​ | 928,254 | ​ | ​ | 59,935 | ​ | ​ | — | ​ | ​ | 988,189
Selling, general and administrative expenses | ​ | ​ | 567,949 | ​ | ​ | 80,066 | ​ | ​ | — | ​ | ​ | 648,015
Depreciation and amortization | ​ | ​ | 24,023 | ​ | ​ | 3,603 | ​ | ​ | — | ​ | ​ | 27,626
Asset impairments and gain on lease terminations | ​ | ​ | 368 | ​ | ​ | 1,087 | ​ | ​ | — | ​ | ​ | 1,455
Operating profit (loss) | ​ | $ | 335,914 | ​ | $ | (24,821) | ​ | $ | — | ​ | $ | 311,093
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | January 31, 2021
​ |  | Wholesale |  | Retail |  | Elimination (1) |  | Total
Net sales | ​ | $ | 1,916,763 | ​ | $ | 170,421 | ​ | $ | (32,038) | ​ | $ | 2,055,146
Cost of goods sold | ​ | ​ | 1,229,548 | ​ | ​ | 113,194 | ​ | ​ | (32,038) | ​ | ​ | 1,310,704
Gross profit | ​ | ​ | 687,215 | ​ | ​ | 57,227 | ​ | ​ | — | ​ | ​ | 744,442
Selling, general and administrative expenses | ​ | ​ | 444,549 | ​ | ​ | 160,553 | ​ | ​ | — | ​ | ​ | 605,102
Depreciation and amortization | ​ | ​ | 31,998 | ​ | ​ | 6,627 | ​ | ​ | — | ​ | ​ | 38,625
Asset impairments and gain on lease terminations | ​ | ​ | 1,010 | ​ | ​ | 16,863 | ​ | ​ | — | ​ | ​ | 17,873
Operating profit (loss) | ​ | $ | 209,658 | ​ | $ | (126,816) | ​ | $ | — | ​ | $ | 82,842
(2) | Represents intersegment sales to the Company’s retail operations segment.
​ The total net sales by licensed and proprietary product sales for each of the Company’s reportable segments are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | January 31,
​ | ​ | 2023 | ​ | 2022 | ​ | 2021
​ | ​ | (In thousands)
Licensed brands | ​ | $ | 1,891,522 | ​ | $ | 1,820,491 | ​ | $ | 1,390,112
Proprietary brands | ​ | ​ | 1,268,503 | ​ | ​ | 890,296 | ​ | ​ | 526,651
Wholesale net sales | ​ | $ | 3,160,025 | ​ | $ | 2,710,787 | ​ | $ | 1,916,763
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Licensed brands | ​ | $ | — | ​ | $ | 39,604 | ​ | $ | 17,488
Proprietary brands | ​ | ​ | 137,231 | ​ | ​ | 78,052 | ​ | ​ | 152,933
Retail net sales | ​ | $ | 137,231 | ​ | $ | 117,656 | ​ | $ | 170,421
​ The Company allocates overhead to its business segments on various bases, which include units shipped, space utilization, inventory levels, and relative sales levels, among other factors. The method of allocation has been applied consistently on a year-to-year basis. ​ The total assets for each of the Company’s reportable segments, as well as assets not allocated to a segment, are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | January 31, | ​ | January 31,
​ |  | 2023 |  | 2022
​ | ​ | (In thousands)
Wholesale | ​ | $ | 1,746,314 | ​ | $ | 2,073,834
Retail | ​ | ​ | 127,047 | ​ | ​ | 111,517
Corporate | ​ | ​ | 839,044 | ​ | ​ | 557,177
Total Assets | ​ | $ | 2,712,405 | ​ | $ | 2,742,528
​ The total net sales and long-lived assets by geographic region are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2023 | ​ | 2022 | ​ | 2021
​ | ​ | ​ | ​ | ​ | Long-Lived | ​ | ​ | ​ | ​ | Long-Lived | ​ | ​ | ​ | ​ | Long-Lived
Geographic Region |  | Net Sales |  | Assets |  | Net Sales |  | Assets |  | Net Sales |  | Assets
United States | ​ | $ | 2,609,710 | ​ | $ | 633,799 | ​ | $ | 2,365,919 | ​ | $ | 938,947 | ​ | $ | 1,755,791 | ​ | $ | 834,181
Non-United States | ​ | ​ | 617,018 | ​ | ​ | 426,106 | ​ | ​ | 400,619 | ​ | ​ | 150,724 | ​ | ​ | 299,355 | ​ | ​ | 258,165
​ | ​ | $ | 3,226,728 | ​ | $ | 1,059,905 | ​ | $ | 2,766,538 | ​ | $ | 1,089,671 | ​ | $ | 2,055,146 | ​ | $ | 1,092,346
​ Capital expenditures for locations outside of the United States totaled $10.5 million, $4.3 million and $3.0 million for the years ended January 31, 2023, 2022 and 2021, respectively.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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