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SEGMENTS (Tables) | 3 Months Ended
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Apr. 30, 2023
SEGMENTS [Abstract] |
Schedule of information regarding reportable segments | The following segment information is presented for the three month periods indicated below: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended April 30, 2023
​ |  | Wholesale |  | Retail |  | Elimination (1) |  | Total
​ | ​ | (In thousands)
Net sales | ​ | $ | 586,903 | ​ | $ | 30,217 | ​ | $ | (10,531) | ​ | $ | 606,589
Cost of goods sold | ​ | ​ | 352,470 | ​ | ​ | 14,849 | ​ | ​ | (10,531) | ​ | ​ | 356,788
Gross profit | ​ | ​ | 234,433 | ​ | ​ | 15,368 | ​ | ​ | — | ​ | ​ | 249,801
Selling, general and administrative expenses | ​ | ​ | 204,089 | ​ | ​ | 23,872 | ​ | ​ | — | ​ | ​ | 227,961
Depreciation and amortization | ​ | ​ | 5,745 | ​ | ​ | 831 | ​ | ​ | — | ​ | ​ | 6,576
Operating profit (loss) | ​ | $ | 24,599 | ​ | $ | (9,335) | ​ | $ | — | ​ | $ | 15,264
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended April 30, 2022
​ |  | Wholesale |  | Retail |  | Elimination (1) |  | Total
​ | ​ | (In thousands)
Net sales | ​ | $ | 680,904 | ​ | $ | 27,885 | ​ | $ | (20,032) | ​ | $ | 688,757
Cost of goods sold | ​ | ​ | 448,769 | ​ | ​ | 13,981 | ​ | ​ | (20,032) | ​ | ​ | 442,718
Gross profit | ​ | ​ | 232,135 | ​ | ​ | 13,904 | ​ | ​ | — | ​ | ​ | 246,039
Selling, general and administrative expenses | ​ | ​ | 161,808 | ​ | ​ | 23,599 | ​ | ​ | — | ​ | ​ | 185,407
Depreciation and amortization | ​ | ​ | 5,414 | ​ | ​ | 681 | ​ | ​ | — | ​ | ​ | 6,095
Operating profit (loss) | ​ | $ | 64,913 | ​ | $ | (10,376) | ​ | $ | — | ​ | $ | 54,537
​ (1)Represents intersegment sales to the Company’s retail operations segment.
Schedule of total net sales for each reportable segments | The total net sales by licensed and proprietary product sales for each of the Company’s reportable segments are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ |  | April 30, 2023 |  | April 30, 2022
​ | ​ | (In thousands)
Licensed brands | ​ | $ | 298,005 | ​ | $ | 459,984
Proprietary brands | ​ | ​ | 288,898 | ​ | ​ | 220,920
Wholesale net sales(1) | ​ | $ | 586,903 | ​ | $ | 680,904
​ | ​ | ​ | ​ | ​ | ​ | ​
Licensed brands | ​ | $ | — | ​ | $ | 13,928
Proprietary brands | ​ | ​ | 30,217 | ​ | ​ | 13,957
Retail net sales | ​ | $ | 30,217 | ​ | $ | 27,885
​
(1) | The Company acquired the remaining interests in KLH (the Karl Lagerfeld branded product) that it did not already own as of May 31, 2022. Net sales of Karl Lagerfeld product were included in licensed brand net sales of the wholesale operations segment through May 31, 2022. Subsequent to May 31, 2022, net sales of Karl Lagerfeld product are included in proprietary brands net sales of the wholesale operations segment.

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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