Revenue Recognition (Tables)

9 Months Ended

Dec. 30, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Contractually Guaranteed Minimum Fees

As of December 30, 2023, 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 2024	$	8
Fiscal 2025	33
Fiscal 2026	30
Fiscal 2027	26
Fiscal 2028	18
Fiscal 2029 and thereafter	30
Total	$	145

Schedule of Revenue Disaggregation

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

	Three Months Ended				Nine Months Ended
	December 30, 2023		December 31, 2022		December 30, 2023		December 31, 2022
Versace revenue - the Americas	$	73	$	85	$	251	$	320
Versace revenue - EMEA	98		113		339		350
Versace revenue - Asia	56		51		176		162
Total Versace	227		249		766		832
Jimmy Choo revenue - the Americas	48		54		135		151
Jimmy Choo revenue - EMEA	70		70		208		193
Jimmy Choo revenue - Asia	48		44		138		138
Total Jimmy Choo	166		168		481		482
Michael Kors revenue - the Americas	722		777		1,779		2,045
Michael Kors revenue - EMEA	208		212		602		616
Michael Kors revenue - Asia	104		106		319		309
Total Michael Kors	1,034		1,095		2,700		2,970
Total revenue - the Americas	843		916		2,165		2,516
Total revenue - EMEA	376		395		1,149		1,159
Total revenue - Asia	208		201		633		609
Total revenue	$	1,427	$	1,512	$	3,947	$	4,284