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GOODWILL AND OTHER INTANGIBLE ASSETS
 6 Months Ended
Jul. 31, 2022
Notes to Financial Statements [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS GOODWILL AND OTHER INTANGIBLE ASSETS
The changes in the carrying amount of goodwill for the twenty-six weeks ended July 31, 2022, by segment (please see Note 19, “Segment Data,” for further discussion of the Company’s reportable segments), were as follows:
(In millions)Calvin Klein North AmericaCalvin Klein InternationalTommy Hilfiger North AmericaTommy Hilfiger InternationalHeritage Brands WholesaleHeritage Brands RetailTotal
Balance as of January 30, 2022
Goodwill, gross    $781.8 $891.5 $203.0 $1,633.9 $105.0 $— $3,615.2 
Accumulated impairment losses(287.3)(394.0)— — (105.0)— (786.3)
Goodwill, net    494.5 497.5 203.0 1,633.9 — — 2,828.9 
Currency translation— (13.9)— (120.5)— — (134.4)
Balance as of July 31, 2022
Goodwill, gross    781.8 877.6 203.0 1,513.4 105.0 — 3,480.8 
Accumulated impairment losses(287.3)(394.0)— — (105.0)— (786.3)
Goodwill, net    $494.5 $483.6 $203.0 $1,513.4 $— $— $2,694.5 

The Company assesses the recoverability of goodwill and other indefinite-lived intangible assets annually, at the beginning of the third quarter of each fiscal year, and between annual tests if an event occurs or circumstances change that would indicate that it is more likely than not that the carrying amount may be impaired. Impairment testing for goodwill is done at the reporting unit level. Impairment testing for other indefinite-lived intangible assets is done at the individual asset level. Intangible assets with finite lives are amortized over their estimated useful life and are tested for impairment, along with other long-lived assets, when events and circumstances indicate that the assets might be impaired. Indefinite-lived intangible assets and intangible assets with finite lives are tested for impairment prior to assessing the recoverability of goodwill. Please see Note 1, “Summary of Significant Accounting Policies,” in the Notes to Consolidated Financial Statements included in Item 8 of the Company’s Annual Report on Form 10-K for the year ended January 30, 2022 for discussion of the Company’s goodwill and other intangible assets impairment testing process.

There have been no significant events or change in circumstances during the twenty-six weeks ended July 31, 2022 that would indicate the remaining carrying amount of the Company’s goodwill and other intangible assets may be impaired as of July 31, 2022.