Segment Information (Tables)

3 Months Ended

Jun. 28, 2025

Segment Reporting [Abstract]

Schedule of Key Performance Information of Reportable Segments

The following table presents the key performance information of the Company’s reportable segments (in millions):

		Three Months Ended
		June 28, 2025		June 29, 2024
Total revenue:
	Michael Kors	$	635	$	675
	Jimmy Choo	162		173
Total revenue		$	797	$	848
Cost of goods sold:
	Michael Kors	$	247	$	256
	Jimmy Choo	48		57
Total cost of goods sold		$	295	$	313
Selling, general and administrative expenses:
	Michael Kors	$	307	$	324
	Jimmy Choo	103		105
	Corporate	45		62
Total selling, general and administrative expenses		$	455	$	491
Depreciation and amortization:
	Michael Kors	$	18	$	20
	Jimmy Choo	7		7
	Corporate	5		5
Total depreciation and amortization		$	30	$	32
Income from operations:
	Michael Kors	$	63	$	75
	Jimmy Choo	4		4
		67		79
Less:	Corporate expenses	(50)		(62)
	Transaction related costs	—		(5)
	Restructuring and other expense	(1)		(1)
Income from operations		$	16	$	11

Schedule of Total Revenue (as Recognized Based on Country of Origin)

Total revenue (based on country of origin) by geographic location are as follows (in millions):

	Three Months Ended
	June 28, 2025		June 29, 2024
Revenue:
The Americas (1)	$	459	$	503
EMEA	228		215
Asia	110		130
Total revenue	$	797	$	848

(1)Total revenue earned in the U.S. was $418 million and $458 million, respectively, for the three months ended June 28, 2025 and June 29, 2024, respectively.

Schedule of Long-Lived Assets by Geographic Areas

Total long-lived assets of the Company’s reportable segments are as follows (in millions):

	As of
	June 28, 2025		March 29, 2025
Long-lived assets:
Michael Kors	$	1,200	$	1,197
Jimmy Choo	618		603
Total long-lived assets	$	1,818	$	1,800