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INTANGIBLE ASSETS
6 Months Ended
Aug. 02, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
On April 4, 2019, the Company acquired certain intellectual property and related assets of Gymboree Group, Inc. and related entities, which included the worldwide rights to the Gymboree tradename. The Gymboree tradename is recorded in the long-term assets section of the consolidated balance sheets.
The Company’s intangible assets were as follows:
August 2, 2025
Useful LifeGross AmountAccumulated AmortizationNet Amount
(in thousands)
Gymboree tradename
Indefinite$13,000 $— $13,000 
Total intangible assets$13,000 $— $13,000 
February 1, 2025
Useful LifeGross AmountAccumulated AmortizationNet Amount
(in thousands)
Gymboree tradename
Indefinite$13,000 $— $13,000 
Crazy 8 tradename
5 years4,000 (4,000)— 
Total intangible assets$17,000 $(4,000)$13,000 
August 3, 2024
Useful LifeGross AmountAccumulated AmortizationNet Amount
(in thousands)
Gymboree tradename
Indefinite$13,000 $— $13,000 
Total intangible assets$13,000 $— $13,000 
The Company did not identify any indicators of impairment in the Second Quarter 2025 and Year-To-Date 2025. The Company recorded an impairment charge on the Gymboree tradename of $28.0 million during the Second Quarter 2024, which reduced the carrying value to its fair value of $13.0 million as of August 3, 2024.