v3.26.1
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Mar. 28, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Change in Carrying Value of Goodwill
The change in the carrying amount of the Company’s goodwill by segment is as follows:
 Coach
Kate Spade(1)
Total
(millions)
Balance at June 28, 2025$597.5 $385.8 $983.3 
Foreign exchange impact(19.8)(3.1)(22.9)
Balance at March 28, 2026$577.7 $382.7 $960.4 
(1)    Amount is net of accumulated impairment charges of $244.1 million as of March 28, 2026 and June 28, 2025.
Schedule of Finite-Lived Intangible Assets
Intangible assets consist of the following:
March 28, 2026June 28, 2025
Gross
Carrying
Amount
Accum.
Amort.
NetGross
Carrying
Amount
Accum.
Amort.
Net
(millions)
Intangible assets subject to amortization:
Customer relationships$45.6 $(27.5)$18.1 $45.6 $(25.1)$20.5 
Total intangible assets subject to amortization45.6 (27.5)18.1 45.6 (25.1)20.5 
Intangible assets not subject to amortization:
Trademarks and trade names(1)
699.1  699.1 699.1 — 699.1 
Total intangible assets$744.7 $(27.5)$717.2 $744.7 $(25.1)$719.6 
(1)    Amount is net of accumulated impairment charges of $610.7 million as of March 28, 2026 and June 28, 2025 for Kate Spade indefinite-lived brand intangible asset.
Schedule of Indefinite-Lived Intangible Assets
Intangible assets consist of the following:
March 28, 2026June 28, 2025
Gross
Carrying
Amount
Accum.
Amort.
NetGross
Carrying
Amount
Accum.
Amort.
Net
(millions)
Intangible assets subject to amortization:
Customer relationships$45.6 $(27.5)$18.1 $45.6 $(25.1)$20.5 
Total intangible assets subject to amortization45.6 (27.5)18.1 45.6 (25.1)20.5 
Intangible assets not subject to amortization:
Trademarks and trade names(1)
699.1  699.1 699.1 — 699.1 
Total intangible assets$744.7 $(27.5)$717.2 $744.7 $(25.1)$719.6 
(1)    Amount is net of accumulated impairment charges of $610.7 million as of March 28, 2026 and June 28, 2025 for Kate Spade indefinite-lived brand intangible asset.
Schedule of Expected Amortization Expense for Intangible Assets
As of March 28, 2026, the expected amortization expense for intangible assets is as follows:
 Amortization Expense
(millions)
Remainder of fiscal 2026$0.7 
Fiscal 20273.0 
Fiscal 20283.0 
Fiscal 20293.0 
Fiscal 20303.0 
Fiscal 2031 and thereafter5.4 
Total$18.1