ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

12 Months Ended

Jan. 29, 2023

Accumulated Other Comprehensive Income [Abstract]

Schedule of Accumulated Other Comprehensive Loss [Table Text Block]

The following table presents the changes in AOCL, net of related taxes, by component:

(In millions)	Foreign currency translation adjustments			Net unrealized and realized gain (loss) on effective cash flow hedges		Total
Balance at February 2, 2020	$	(665.7)		$	25.6	$	(640.1)
Other comprehensive income (loss) before reclassifications	184.1		(1)(2)	(60.4)		123.7
Less: Amounts reclassified from AOCL	—			2.7		2.7
Other comprehensive income (loss)	184.1			(63.1)		121.0
Balance at January 31, 2021	$	(481.6)		$	(37.5)	$	(519.1)
Other comprehensive (loss) income before reclassifications	(184.3)		(1)(3)	88.1		(96.2)
Less: Amounts reclassified from AOCL	—			(2.6)		(2.6)
Other comprehensive (loss) income	(184.3)			90.7		(93.6)
Balance at January 30, 2022	$	(665.9)		$	53.2	$	(612.7)
Other comprehensive loss before reclassifications	(47.6)		(1)(3)	(36.0)		(83.6)
Less: Amounts reclassified from AOCL	(3.4)		(4)	20.2		16.8
Other comprehensive loss	(44.2)			(56.2)		(100.4)
Balance at January 29, 2023	$	(710.1)		$	(3.0)	$	(713.1)

(1)Foreign currency translation adjustments included a net gain (loss) on net investment hedges of $24.1 million, $83.8 million and $(94.4) million in 2022, 2021 and 2020, respectively.

(2)Favorable foreign currency translation adjustments were principally driven by a weakening of the United States dollar against the euro.

(3)Unfavorable foreign currency translation adjustments were principally driven by a strengthening of the United States dollar against the euro.

(4)Foreign currency translation adjustment losses were reclassified from AOCL during the second quarter of 2022 in connection with the Karl Lagerfeld transaction. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion.

Schedule of Amounts Reclassified Out of Accumulated Other Comprehensive Loss [Table Text Block]

The following table presents reclassifications from AOCL to earnings:

	Amount Reclassified from AOCL							Affected Line Item in the Company’s Consolidated Statements of Operations
(In millions)	2022			2021		2020
Realized gain (loss) on effective cash flow hedges:
Foreign currency forward exchange contracts (inventory purchases)	$	27.6		$	(1.8)	$	12.5	Cost of goods sold
Interest rate swap agreements	—			(1.5)		—		SG&A expenses (1)
Interest rate swap agreements	—			(3.0)		(11.0)		Interest expense
Less: Tax effect	7.4			(3.7)		(1.2)		Income tax expense (benefit)
Total, net of tax	$	20.2		$	(2.6)	$	2.7
Foreign currency translation adjustments:
Karl Lagerfeld transaction	$	(3.4)	(2)	$	—	$	—	Equity in net income (loss) of unconsolidated affiliates
Less: Tax effect	—			—		—		Income tax expense (benefit)
Total, net of tax	$	(3.4)		$	—	$	—

(1) The Company dedesignated certain cash flow hedges related to its interest rate swap agreements during 2021. Please see Note 10, “Derivative Financial Instruments,” for further discussion.

(2) Foreign currency translation adjustment losses were reclassified from AOCL during the second quarter of 2022 in connection with the Karl Lagerfeld transaction. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion.