v3.26.1
Intangible Assets and Goodwill
 3 Months Ended
Jun. 27, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets and Goodwill Intangible Assets and Goodwill
The following table details the carrying values of the Company’s intangible assets and goodwill (in millions):
June 27,
2026		March 28,
2026
Definite-lived intangible assets:
Reacquired rights $400 $400 
Trademarks23 23 
Customer relationships (1)
219 220 
Gross definite-lived intangible assets642 643 
Less: accumulated amortization(297)(290)
Net definite-lived intangible assets345 353 
Indefinite-lived intangible assets:
Jimmy Choo brand (2)
209 209 
Net indefinite-lived intangible assets209 209 
Intangible assets, net$554 $562 
Goodwill (3)
$201 $202 
(1)The change in the carrying value since March 28, 2026 relates to the impact of foreign currency translation adjustments.
(2)As of June 27, 2026 and March 28, 2026, the Company had accumulated impairment charges of $358 million related to its Jimmy Choo brand intangible assets.
(3)Includes accumulated impairment of $605 million related to the Jimmy Choo reporting units as of June 27, 2026 and March 28, 2026. The change in the carrying value since March 28, 2026 relates to the impact of foreign currency translation adjustments.
Amortization expense for the Company’s definite-lived intangible assets was $7 million for each of the three months ended June 27, 2026 and June 28, 2025.