v3.25.1
Goodwill and intangibles (Tables)
 3 Months Ended
May 03, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill by Reporting Unit
The following table summarizes the Company’s goodwill by reportable segment:
(in millions)North America
Balance at February 1, 2025 (1)
$482.0 
Balance at May 3, 2025 (1)
$482.0 
(1)    The carrying amount of goodwill is presented net of accumulated impairment losses of $848.5 million as of May 3, 2025 and February 1, 2025, respectively.
Schedule of Finite-Lived Intangible Assets
The following table provides additional detail regarding the composition of intangible assets and liabilities:
May 3, 2025February 1, 2025May 4, 2024
(in millions)Gross
carrying
amount
Accumulated
amortization
Net
carrying
amount		Gross
carrying
amount
Accumulated
amortization
Net
carrying
amount		Gross
carrying
amount
Accumulated
amortization
Net
carrying
amount
Intangible assets, net:
Definite-lived intangible assets
$8.8 $(6.1)$2.7 $11.2 $(8.4)$2.8 $11.2 $(7.9)$3.3 
Indefinite-lived intangible assets (1)
304.9 — 304.9 304.4 — 304.4 398.9 — 398.9 
Total intangible assets, net
$313.7 $(6.1)$307.6 $315.6 $(8.4)$307.2 $410.1 $(7.9)$402.2 
Intangible liabilities, net
$(38.0)$36.7 $(1.3)$(38.0)$36.2 $(1.8)$(38.0)$34.9 $(3.1)
(1)    The change in the indefinite-lived intangible asset balances during the periods presented was primarily due to the trade name impairment charges recorded in the second and fourth quarters of Fiscal 2025.
Schedule of Indefinite-Lived Intangible Assets
The following table provides additional detail regarding the composition of intangible assets and liabilities:
May 3, 2025February 1, 2025May 4, 2024
(in millions)Gross
carrying
amount
Accumulated
amortization
Net
carrying
amount		Gross
carrying
amount
Accumulated
amortization
Net
carrying
amount		Gross
carrying
amount
Accumulated
amortization
Net
carrying
amount
Intangible assets, net:
Definite-lived intangible assets
$8.8 $(6.1)$2.7 $11.2 $(8.4)$2.8 $11.2 $(7.9)$3.3 
Indefinite-lived intangible assets (1)
304.9 — 304.9 304.4 — 304.4 398.9 — 398.9 
Total intangible assets, net
$313.7 $(6.1)$307.6 $315.6 $(8.4)$307.2 $410.1 $(7.9)$402.2 
Intangible liabilities, net
$(38.0)$36.7 $(1.3)$(38.0)$36.2 $(1.8)$(38.0)$34.9 $(3.1)
(1)    The change in the indefinite-lived intangible asset balances during the periods presented was primarily due to the trade name impairment charges recorded in the second and fourth quarters of Fiscal 2025.