Revenue Recognition (Tables)

9 Months Ended

Dec. 26, 2020

Revenue from Contract with Customer [Abstract]

Schedule of Contractually Guaranteed Minimum Fees

As of December 26, 2020, contractually guaranteed minimum fees from the Company’s license agreements expected to be recognized as revenue during future periods were as follows (in millions):

	Contractually Guaranteed Minimum Fees
Remainder of Fiscal 2021	$	7
Fiscal 2022	29
Fiscal 2023	25
Fiscal 2024	22
Fiscal 2025	18
Fiscal 2026 and thereafter	87
Total	$	188

Schedule of Segment Revenues Disaggregated by Geographic Location

The following table presents the Company’s segment revenue disaggregated by geographic location (in millions):

	Three Months Ended				Nine Months Ended
	December 26, 2020		December 28, 2019		December 26, 2020		December 28, 2019
Versace revenue - the Americas	$	57	$	41	$	132	$	133
Versace revenue - EMEA	76		98		183		311
Versace revenue - Asia	62		56		168		186
Total Versace	195		195		483		630
Jimmy Choo revenue - the Americas	32		34		71		85
Jimmy Choo revenue - EMEA	40		85		102		228
Jimmy Choo revenue - Asia	49		46		121		135
Total Jimmy Choo	121		165		294		448
Michael Kors revenue - the Americas	671		834		1,321		2,222
Michael Kors revenue - EMEA	183		239		447		652
Michael Kors revenue - Asia	132		138		318		407
Total Michael Kors	986		1,211		2,086		3,281
Total revenue - the Americas	760		909		1,524		2,440
Total revenue - EMEA	299		422		732		1,191
Total revenue - Asia	243		240		607		728
Total revenue	$	1,302	$	1,571	$	2,863	$	4,359