Revenue Recognition (Tables)

9 Months Ended

Dec. 28, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Contractually Guaranteed Minimum Fees

As of December 28, 2024, 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 2025	$	9
Fiscal 2026	34
Fiscal 2027	32
Fiscal 2028	22
Fiscal 2029	19
Fiscal 2030 and thereafter	15
Total	$	131

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 28, 2024		December 30, 2023		December 28, 2024		December 30, 2023
Versace - the Americas	$	58	$	73	$	192	$	251
Versace - EMEA	85		98		265		339
Versace - Asia	50		56		156		176
Total Versace	193		227		613		766
Jimmy Choo - the Americas	43		48		130		135
Jimmy Choo - EMEA	76		70		224		208
Jimmy Choo - Asia	40		48		118		138
Total Jimmy Choo	159		166		472		481
Michael Kors - the Americas	653		722		1,596		1,779
Michael Kors - EMEA	180		208		505		602
Michael Kors - Asia	76		104		221		319
Total Michael Kors	909		1,034		2,322		2,700
Total - the Americas	754		843		1,918		2,165
Total - EMEA	341		376		994		1,149
Total - Asia	166		208		495		633
Total revenue	$	1,261	$	1,427	$	3,407	$	3,947