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Segment Information (Tables) | 3 Months Ended
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May 04, 2024
Segment Reporting [Abstract] |
Summary of net revenue and earnings (loss) from operations by segment | Net revenue and earnings (loss) from operations are summarized (in thousands):
|  |  | Three Months Ended
|  |  |  |  | May 4, 2024 |  | Apr 29, 2023
Net revenue: |  |  |  |  |  |  |
Europe |  |  |  |  | $ | 283,873 |  |  | $ | 280,198 |
Americas Retail |  |  |  |  | 144,196 |  |  | 143,544 |
Americas Wholesale |  |  |  |  | 62,128 |  |  | 51,393 |
Asia |  |  |  |  | 72,756 |  |  | 70,775 |
Licensing |  |  |  |  | 28,990 |  |  | 23,888 |
Total net revenue |  |  |  |  | $ | 591,943 |  |  | $ | 569,798 |
Earnings (loss) from operations: |  |  |  |  |  |  |
Europe |  |  |  |  | $ | (439) |  |  | $ | 1,593 |
Americas Retail |  |  |  |  | (10,391) |  |  | (3,287) |
Americas Wholesale |  |  |  |  | 14,127 |  |  | 13,093 |
Asia |  |  |  |  | 3,741 |  |  | 3,830 |
Licensing |  |  |  |  | 26,678 |  |  | 22,295 |
Total segment earnings from operations |  |  |  |  | 33,716 |  |  | 37,524 |
Corporate overhead |  |  |  |  | (52,463) |  |  | (36,512) |
Asset impairment charges 1 |  |  |  |  | (1,141) |  |  | (1,934) |
Total loss from operations |  |  |  |  | $ | (19,888) |  |  | $ | (922) |
______________________________________________________________________ Notes: 1During the three months ended May 4, 2024 and April 29, 2023, the Company recognized asset impairment charges related primarily to impairment of property and equipment related to certain retail locations resulting from under-performance and expected store closures. Refer to Note 16 for more information regarding these asset impairment charges.
Summary of net revenue by country | The below presents information regarding geographic areas in which the Company operated. Net revenue is classified primarily based on the country where the Company’s customer is located (in thousands):
|  |  | Three Months Ended
|  |  |  |  | May 4, 2024 |  | Apr 29, 2023
Net revenue: |  |  |  |  |  |  |
U.S. |  |  |  |  | $ | 142,852 |  |  | $ | 133,952 |
Italy |  |  |  |  | 57,542 |  |  | 60,370 |
South Korea |  |  |  |  | 48,868 |  |  | 47,589 |
Germany |  |  |  |  | 33,228 |  |  | 32,364 |
Spain |  |  |  |  | 30,232 |  |  | 29,236 |
Mexico |  |  |  |  | 30,205 |  |  | 23,796 |
Other countries |  |  |  |  | 220,026 |  |  | 218,603 |
Total product sales |  |  |  |  | 562,953 |  |  | 545,910 |
Net royalties |  |  |  |  | 28,990 |  |  | 23,888 |
Net revenue |  |  |  |  | $ | 591,943 |  |  | $ | 569,798 |

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + 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 -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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