v3.26.1
RESTRUCTURING (Tables)
 12 Months Ended
Mar. 28, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs
The type of cost and respective location of restructuring charges related to Reinvent within VF's Consolidated Statements of Operations for the years ended March 2026, 2025 and 2024, and the cumulative charges recorded since the inception of Reinvent were as follows:
Year Ended March
Cumulative Charges
(In thousands)202620252024
Type of CostLocation
Severance and employee-related benefitsSG&A expenses$7,216 $66,002 $64,822 $138,040 
Severance and employee-related benefitsCost of goods sold3,820 1,673 4,510 10,003 
Contract termination and otherSG&A expenses326 737 — 1,063 
Contract termination and otherCost of goods sold— 157 — 157 
Asset impairments and write-downsSG&A expenses2,170 8,783 39,386 50,339 
Pension withdrawalSG&A expenses1,597 3,619 — 5,216 
Curtailment gainsOther income (expense), net(531)(936)— (1,467)
Accelerated depreciationSG&A expenses— 1,317 — 1,317 
Accelerated depreciationCost of goods sold322 17 — 339 
Total Reinvent Restructuring Charges$14,920 $81,369 $108,718 $205,007 
The type of cost and respective location of Other Restructuring Charges within VF's Consolidated Statements of Operations for the years ended March 2026, 2025 and 2024 were as follows:
Year Ended March
(In thousands)202620252024
Type of CostLocation
Severance and employee-related benefitsSG&A expenses$17,169 $— $676 
Severance and employee-related benefitsCost of goods sold6,472 — — 
Accelerated depreciationSG&A expenses455 — — 
Contract termination and otherSG&A expenses— 591 1,326 
Total Other Restructuring Charges$24,096 $591 $2,002 
Other Restructuring Charges by reportable segment and the “All Other” category were as follows:
Year Ended March
(In thousands)202620252024
Outdoor$5,183 $— $242 
Active3,366 — — 
All Other622 — 434 
Corporate and other14,925 591 1,326 
Total$24,096 $591 $2,002 
Schedule of Activity in Restructuring Accrual
The activity in the restructuring accrual related to Reinvent and Other Restructuring Charges was as follows:
(In thousands)SeveranceOtherTotal
Accrual at March 2024$60,160 $345 $60,505 
Restructuring charges67,675 894 68,569 
Cash payments and settlements(55,935)(902)(56,837)
Adjustments to accruals(6,432)— (6,432)
Impact of foreign currency(218)— (218)
Accrual at March 202565,250 337 65,587 
Restructuring charges42,923 — 42,923 
Cash payments and settlements(69,146)— (69,146)
Adjustments to accruals(8,607)(337)(8,944)
Impact of foreign currency622 — 622 
Accrual at March 2026$31,042 $— $31,042