v3.26.1
SEGMENT DATA (Details)
$ in Millions
 3 Months Ended
May 03, 2026
USD ($)
numberOfPositions
May 04, 2025
USD ($)
Feb. 01, 2026
USD ($)
Segment Reporting [Line Items]      
Revenue [1] $ 2,025.1 $ 1,983.6  
Cost of goods sold (838.9) (821.9)  
Marketing expenses (115.0) (98.9)  
Income (loss) before interest and taxes 124.3 (332.2)  
Restructuring and other items (6.9) [2] (492.7) [3]  
Goodwill and other intangible asset impairments 0.0 479.5  
Depreciation and amortization 62.6 67.7  
Inventories, net [4] 1,510.2 1,596.0 $ 1,583.5
All other assets 9,831.4 9,076.4 10,097.5
Total assets 11,341.6 10,672.4 11,681.0
Equity in net income of unconsolidated affiliates $ 13.3 10.5  
Number of Reportable Segments | numberOfPositions 4    
Operating Segments      
Segment Reporting [Line Items]      
Revenue $ 2,025.1 1,983.6  
Cost of goods sold [5] (838.9) (821.9)  
Marketing expenses [5],[6] (72.0) (61.1)  
Other segment items [7] (746.6) (730.7)  
Income (loss) before interest and taxes 367.6 369.9  
Goodwill [Member] | Fair Value, Nonrecurring [Member]      
Segment Reporting [Line Items]      
Goodwill and other intangible asset impairments   426.0  
Growth Driver 5 Actions      
Segment Reporting [Line Items]      
Exit activity costs incurred 6.9 13.2  
Growth Driver 5 Actions | Severance, termination benefits and other employee costs [Member]      
Segment Reporting [Line Items]      
Exit activity costs incurred 5.7 13.2  
EMEA Segment      
Segment Reporting [Line Items]      
Revenue 946.1 927.7  
Cost of goods sold [5] (396.2) (391.5)  
Marketing expenses [5],[6] (35.5) (28.3)  
Other segment items [7] (362.0) (358.5)  
Income (loss) before interest and taxes 152.4 149.4  
Depreciation and amortization 28.8 31.0  
Inventories, net [4] 789.3 837.3 826.4
Americas Segment      
Segment Reporting [Line Items]      
Revenue 602.9 608.4  
Cost of goods sold [5] (337.1) (328.8)  
Marketing expenses [5],[6] (21.2) (23.4)  
Other segment items [7] (193.7) (195.4)  
Income (loss) before interest and taxes 50.9 60.8  
Goodwill and other intangible asset impairments   7.6  
Depreciation and amortization 9.5 9.7  
Inventories, net [4] 494.8 518.4 492.7
Equity in net income of unconsolidated affiliates 11.1 8.4  
APAC Segment      
Segment Reporting [Line Items]      
Revenue 387.0 351.7  
Cost of goods sold [5] (105.6) (101.6)  
Marketing expenses [5],[6] (15.3) (9.4)  
Other segment items [7] (176.7) (161.7)  
Income (loss) before interest and taxes 89.4 79.0  
Goodwill and other intangible asset impairments   418.4  
Depreciation and amortization 10.0 10.4  
Inventories, net [4] 226.1 240.3 $ 264.4
Equity in net income of unconsolidated affiliates 2.2 2.1  
Licensing Segment      
Segment Reporting [Line Items]      
Revenue 89.1 95.8  
Cost of goods sold [5] 0.0 0.0  
Marketing expenses [5],[6] 0.0 0.0  
Other segment items [7] (14.2) (15.1)  
Income (loss) before interest and taxes 74.9 80.7  
Corporate and other      
Segment Reporting [Line Items]      
Marketing expenses (43.0) (37.8)  
Income (loss) before interest and taxes [6],[8] (236.4) (209.4)  
Depreciation and amortization 13.1 16.6  
Restructuring and other items      
Segment Reporting [Line Items]      
Depreciation and amortization $ 1.2 [9] $ 0.0  
[1] Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.
[2] Restructuring and other items for the thirteen weeks ended May 3, 2026 related to the Growth Driver 5 Actions described in Note 14, “Exit Activity Costs,” consisting principally of severance.
[3] Restructuring and other items for the thirteen weeks ended May 4, 2025 included (i) noncash impairment charges of $479.5 million related to goodwill and other intangible assets discussed further in Note 5, “Goodwill and Other Intangible Assets,” and (ii) costs of $13.2 million incurred related to the Growth Driver 5 Actions described in Note 14, “Exit Activity Costs,” consisting principally of severance.
[4] Inventories, net includes the impact of changes in foreign currency exchange rates.
[5] The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.
[6] In addition to the marketing expenses incurred by the Company’s reportable segments, there was $43.0 million and $37.8 million of global brand marketing expense, including marketing expenses benefiting the Company’s licensees, recorded in Corporate and other for the thirteen weeks ended May 3, 2026 and May 4, 2025, respectively. Total marketing expenses incurred by the Company for the thirteen weeks ended May 3, 2026 and May 4, 2025 were $115.0 million and $98.9 million, respectively.
[7] Other segment items include (i) all other segment SG&A expenses other than marketing expense, including direct and indirect costs to operate the segment’s retail store, digital commerce, licensing and wholesale businesses, warehousing and distribution costs, depreciation and amortization, and other costs, and (ii) equity in net income of unconsolidated affiliates.
[8] Corporate and other includes costs that are not specific to any particular segment, primarily consisting of (i) global brand costs, which include centrally managed marketing, design, and merchandising costs; (ii) corporate expenses, which include centrally managed information technology costs, including network, infrastructure and global systems; expenses for senior corporate management; and expenses for corporate support functions including finance, human resources, legal and information security; and (iii) intangible asset amortization.
[9] Restructuring and other items for the thirteen weeks ended May 3, 2026 included accelerated depreciation related to the Growth Driver 5 Actions described in Note 14, “Exit Activity Costs.”