v3.26.1
Intangible Assets and Goodwill (Tables)
 12 Months Ended
Mar. 28, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Indefinite-Lived Intangible Assets
The following table details the carrying values of the Company’s intangible assets other than goodwill (in millions):
 March 28, 2026March 29, 2025
 Gross
Carrying Amount		Accumulated
Amortization/Impairment		Net
Carrying Amount		Gross
Carrying Amount		Accumulated
Amortization/Impairment		Net
Carrying Amount
Definite-lived intangible assets:
Reacquired rights $400 $158 $242 $400 $142 $258 
Trademarks23 23 — 23 23 — 
Customer relationships (1)
220 109 111 214 94 120 
Total definite-lived intangible assets643 290 353 637 259 378 
Indefinite-lived intangible assets:
Jimmy Choo brand (1) (2)
567 358 209 562 358 204 
Total indefinite-lived intangible assets567 358 209 562 358 204 
Total intangible assets, excluding goodwill$1,210 $648 $562 $1,199 $617 $582 
(1)The change in the carrying value since March 29, 2025 relates to the impact of foreign currency translation adjustments.
(2)As of March 28, 2026, the Company had accumulated impairment charges of $358 million related to its Jimmy Choo brand intangible assets.
Schedule of Finite-Lived Intangible Assets
The following table details the carrying values of the Company’s intangible assets other than goodwill (in millions):
 March 28, 2026March 29, 2025
 Gross
Carrying Amount		Accumulated
Amortization/Impairment		Net
Carrying Amount		Gross
Carrying Amount		Accumulated
Amortization/Impairment		Net
Carrying Amount
Definite-lived intangible assets:
Reacquired rights $400 $158 $242 $400 $142 $258 
Trademarks23 23 — 23 23 — 
Customer relationships (1)
220 109 111 214 94 120 
Total definite-lived intangible assets643 290 353 637 259 378 
Indefinite-lived intangible assets:
Jimmy Choo brand (1) (2)
567 358 209 562 358 204 
Total indefinite-lived intangible assets567 358 209 562 358 204 
Total intangible assets, excluding goodwill$1,210 $648 $562 $1,199 $617 $582 
(1)The change in the carrying value since March 29, 2025 relates to the impact of foreign currency translation adjustments.
(2)As of March 28, 2026, the Company had accumulated impairment charges of $358 million related to its Jimmy Choo brand intangible assets.
Schedule of Estimated Amortization Expense
Estimated amortization expense for each of the next five years is as follows (in millions):
Fiscal 2027$29 
Fiscal 202829 
Fiscal 202929 
Fiscal 203029 
Fiscal 203129 
Fiscal 2032 and thereafter208 
Total$353 
Schedule of Changes in Goodwill for Reportable Segments
The following table details the changes in goodwill for each of the Company’s reportable segments (in millions):
Michael Kors Jimmy ChooTotal
Balance at March 30, 2024$120 $133 $253 
Acquisition (1)
— 9 9 
Impairment charges (2)
— (66)(66)
Foreign currency translation
— 3 3 
Balance at March 29, 2025$120 $79 $199 
Acquisition— — — 
Impairment charges (2)
— — — 
Foreign currency translation
— 3 3 
Balance at March 28, 2026$120 $82 $202 
(1)On May 2, 2024, the Company completed the Sicla Acquisition for cash consideration of $9 million, net of cash acquired. The acquired identifiable assets and liabilities net to a nominal amount, with $9 million recognized in goodwill allocated to the Jimmy Choo reportable segment.
(2)As of March 28, 2026, the Company had accumulated impairment charges of $605 million related to its Jimmy Choo reporting units.