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SEGMENT INFORMATION
 9 Months Ended
Mar. 28, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company has two reportable segments:
•Coach - Includes global sales primarily of Coach brand products to customers through our DTC, wholesale and licensing businesses.
•Kate Spade - Includes global sales primarily of kate spade new york brand products to customers through our DTC, wholesale and licensing businesses.
The Company's chief operating decision maker ("CODM"), who is its Chief Executive Officer, regularly evaluates operating profit of these segments compared to management's expectations in deciding how to allocate resources and assess performance. Segment operating profit is the gross profit of the segment less direct expenses of the segment. Total expenditures for additions to long-lived assets and assets by segment are not provided to the CODM as such information is not utilized for purposes of assessing performance or allocating resources, and therefore has not been disclosed.
In addition to these reportable segments, the Company has certain corporate expenses that are not directly attributable to its brands ("Unallocated corporate expenses"); therefore, they are not allocated to its segments. Such costs primarily include certain overhead expenses related to corporate functions as well as certain administration, corporate occupancy, information technology and depreciation costs.
As of August 4, 2025, the Company determined it has two reportable segments on a prospective basis as a result of the sale of the Stuart Weitzman Business. The Company has included the results of our disposed segment, Stuart Weitzman, below for comparability purposes. Refer to Note 5, "Acquisitions and Divestitures," for further information.
The following table summarizes net sales, significant expenses and operating profit (loss) of each of the Company's segments and reconciliation to the Company's Income (loss) before provision for income taxes for the three and nine months ended March 28, 2026 and March 29, 2025:
CoachKate Spade
Stuart Weitzman(1)
Total
(millions)
Three Months Ended March 28, 2026
Net sales$1,701.0 $219.6 $— $1,920.6 
Cost of sales(2)
362.0 82.1 — 444.1 
Selling, general and administrative expenses(2)
743.8 158.2 — 902.0 
Total segment operating profit (loss):$595.2 $(20.7)$— $574.5 
Unallocated corporate expenses(3)
147.0 
Unallocated other charges, net(4)
11.5 
Income (loss) before provision for income taxes$416.0 
Three Months Ended March 29, 2025
Net sales$1,293.5 $244.9 $46.2 $1,584.6 
Cost of sales(2)
275.0 81.7 22.1 378.8 
Selling, general and administrative expenses(2)
598.4 163.2 29.7 791.3 
Total segment operating profit (loss):$420.1 $— $(5.6)$414.5 
Unallocated corporate expenses(3)
160.8 
Unallocated other charges, net(4)
14.6 
Income (loss) before provision for income taxes$239.1 
Nine Months Ended March 28, 2026
Net sales$5,273.2 $839.8 $14.6 $6,127.6 
Cost of sales(2)
1,139.2 316.1 6.9 1,462.2 
Selling, general and administrative expenses(2)
2,204.9 522.5 8.7 2,736.1 
Total segment operating profit (loss):$1,929.1 $1.2 $(1.0)$1,929.3 
Unallocated corporate expenses(3)
457.2 
Unallocated other charges, net(4)
40.3 
Income (loss) before provision for income taxes$1,431.8 
Nine Months Ended March 29, 2025
Net sales$4,173.4 $944.5 $169.6 $5,287.5 
Cost of sales(2)
920.5 318.1 75.1 1,313.7 
Selling, general and administrative expenses(2)
1,825.3 531.4 108.5 2,465.2 
Total segment operating profit (loss):$1,427.6 $95.0 $(14.0)$1,508.6 
Unallocated corporate expenses(3)
510.1 
Unallocated other charges, net(4)
188.4 
Income (loss) before provision for income taxes$810.1 
(1)    During the nine months ended March 28, 2026, Stuart Weitzman Net sales, Cost of sales and Selling, general and administrative expenses represent results for the period prior to the sale on August 4, 2025.
(2)    Significant expense categories that are regularly provided to the CODM, or easily computable from information that is regularly provided to the CODM.
(3)    Unallocated corporate expenses represent certain corporate Selling, general and administrative expenses that are not directly attributable to a segment.
(4)    Includes Loss on extinguishment of debt, Interest expense, net and Other expense (income).
The following table summarizes depreciation and amortization expense of each of the company's segments for the three and nine months ended March 28, 2026 and March 29, 2025:
Three Months EndedNine Months Ended
March 28, 2026(3)
March 29, 2025(3)
March 28, 2026(3)
March 29, 2025(3)
(millions)
Depreciation and amortization expense(1):
  
Coach$24.5 $24.5 $69.7 $69.1 
Kate Spade6.2 7.519.4 22.6
Stuart Weitzman— 1.40.3 5.9
Total segment depreciation and amortization expense:30.7 33.489.4 97.6
Unallocated corporate(2)
10.8 8.0 32.7 25.6 
Total Depreciation and amortization expense:$41.5 $41.4 $122.1 $123.2 
(1)    Depreciation and amortization expense for the segments includes an allocation of expense related to assets which support multiple segments.
(2)    Unallocated corporate, which is not a reportable segment, represents certain depreciation and amortization costs that are not directly attributable to a segment.
(3)    Depreciation and amortization expense includes $0.0 million and $0.9 million of costs in connection with the sale of the Stuart Weitzman Business recorded within Unallocated corporate for the three and nine months ended March 28, 2026, respectively. Depreciation and amortization expense includes $2.1 million and $5.6 million of costs related to the Company's organizational efficiency efforts recorded within Unallocated corporate for the three and nine months ended March 28, 2026, respectively. Depreciation and amortization expense includes $2.7 million of impairment charges in connection with the sale of the Stuart Weitzman Business for the three and nine months ended March 29, 2025 of which $2.1 million was recorded within Unallocated corporate and $0.6 million was recorded within the Stuart Weitzman segment. Depreciation and amortization expense includes $0.7 million of costs related to the Company's organizational efficiency efforts recorded within Unallocated corporate for the three and nine months ended March 29, 2025.