v3.26.1
PROPERTY, PLANT AND EQUIPMENT
12 Months Ended
Feb. 01, 2026
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment, at cost, was as follows:
  (In millions)20252024
Land$— $1.0 
Buildings and building improvements— 30.4 
Machinery, software and equipment1,054.1 1,002.0 
Furniture and fixtures715.9 611.0 
Shop-in-shops/concession locations276.3 236.2 
Leasehold improvements827.3 770.5 
Construction in progress29.1 71.3 
Property, plant and equipment, gross2,902.7 2,722.4 
Less: Accumulated depreciation(2,229.4)(1,981.4)
Property, plant and equipment, net$673.3 $741.0 

Land and buildings and building improvements, net of accumulated depreciation were reclassified to assets held for sale in the Company’s Consolidated Balance Sheet during 2025 in connection with a plan to sell the Company’s owned warehouse and distribution center located in Jonesville, NC. Please see Note 3, “Assets Held For Sale,” for further discussion. Construction in progress at February 1, 2026 and February 2, 2025 represents costs incurred for machinery, software and equipment, furniture and fixtures, and leasehold improvements not yet placed in use. Construction in progress at February 1, 2026 principally related to (i) investments in new stores and store renovations and (ii) investments, upgrades and enhancements in the Company’s information technology platforms, systems and infrastructure worldwide. Construction in progress at February 2, 2025 principally related to (i) enhancements to the Company’s warehouse and distribution network in Europe and (ii) investments in (a) upgrades and enhancements to platforms and systems worldwide and (b) new stores and store renovations. Interest costs capitalized in construction in progress were immaterial during 2025, 2024 and 2023.