Summary of Significant Accounting Policies (Tables)

12 Months Ended

Mar. 29, 2025

Accounting Policies [Abstract]

Schedule of Activity and Balances of Sales Reserves

The following table details the activity and balances of the Company’s sales reserves for the fiscal years ended March 29, 2025, March 30, 2024, and April 1, 2023 (in millions):

	Balance Beginning of Year		Amounts Charged to Revenue		Write-offs Against Reserves		Balance at Year End
Total Sales Reserves:
Fiscal Year Ended March 29, 2025	$	79	$	430	$	(428)	$	81
Fiscal Year Ended March 30, 2024	95		378		(394)		79
Fiscal Year Ended April 1, 2023	92		400		(397)		95

Schedule of Cash and Cash Equivalents

A reconciliation of cash, cash equivalents and restricted cash as of March 29, 2025 and March 30, 2024 from the consolidated balance sheets to the consolidated statements of cash flows is as follows:

	Fiscal Years Ended
	March 29, 2025		March 30, 2024
Reconciliation of cash, cash equivalents and restricted cash
Cash and cash equivalents	$	166	$	199
Restricted cash included within prepaid expenses and other current assets	9		6
Total cash, cash equivalents and restricted cash shown in the consolidated statements of cash flows	$	175	$	205

Schedule of Restrictions on Cash and Cash Equivalents

A reconciliation of cash, cash equivalents and restricted cash as of March 29, 2025 and March 30, 2024 from the consolidated balance sheets to the consolidated statements of cash flows is as follows:

	Fiscal Years Ended
	March 29, 2025		March 30, 2024
Reconciliation of cash, cash equivalents and restricted cash
Cash and cash equivalents	$	166	$	199
Restricted cash included within prepaid expenses and other current assets	9		6
Total cash, cash equivalents and restricted cash shown in the consolidated statements of cash flows	$	175	$	205

Schedule of Components of Calculation of Basic Net Income Per Ordinary Share and Diluted Net Income Per Ordinary Share

The components of the calculation of basic net (loss) income per ordinary share and diluted net (loss) income per ordinary share are as follows (in millions, except share and per share data):

	Fiscal Years Ended
	March 29, 2025		March 30, 2024		April 1, 2023
Numerator:
Net (loss) income attributable to Capri	$	(1,182)	$	(229)	$	616
Denominator:
Basic weighted average shares	118,256,350		117,014,420		132,532,009
Weighted average dilutive share equivalents:
Share options, restricted share units, and performance restricted share units	—		—		1,470,471
Diluted weighted average shares	118,256,350		117,014,420		134,002,480
Basic net (loss) income per share (1)	$	(10.00)	$	(1.96)	$	4.65
Diluted net (loss) income per share (1)	$	(10.00)	$	(1.96)	$	4.60

(1)Basic and diluted net (loss) income per share are calculated using unrounded numbers.