EXIT ACTIVITY COSTS (Tables) - 2022 cost savings initiative |
12 Months Ended |
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Feb. 01, 2026 | |
| Restructuring Cost and Reserve [Line Items] | |
| Restructuring and Related Costs [Table Text Block] | 2022 Cost Savings Initiative The Company announced in August 2022 it would be taking steps to streamline its organization and simplify its ways of working. Included in this was a planned reduction in people costs in its global offices by approximately 10% by the end of 2023 to drive efficiencies and enable continued strategic investments to fuel growth, including in digital, supply chain and consumer engagement, which was completed. These reductions have resulted in annual cost savings of over $100 million, net of continued strategic people investments. In connection with this initiative, the Company recorded pre-tax severance, termination benefits and other employee costs of $81.5 million, of which $61.3 million was incurred during 2023. All expected costs related to this initiative were incurred by the end of 2023. The severance, termination benefits and other employee costs were recorded in SG&A expenses in the Company’s Consolidated Statements of Operations. These pre-tax net costs are included in restructuring and other items for segment data reporting purposes.
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| Schedule of Restructuring Reserve by Type of Cost | The liabilities related to these costs were substantially paid as of February 2, 2025.
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