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SEGMENT DATA (Details) - USD ($)
$ in Millions
12 Months Ended
Jan. 29, 2023
Jan. 30, 2022
Jan. 31, 2021
May 03, 2020
Revenue:        
Total revenue [1] $ 9,024.2 [2],[3] $ 9,154.7 [2],[3] $ 7,132.6 [4],[5]  
Earnings Before Interest and Taxes:        
Income (loss) before interest and taxes [6] 470.7 1,076.9 (1,071.7) [7]  
Actuarial gain on retirement and benefit plans 78.4 48.7 64.5  
Goodwill, Impairment Loss     879.0  
Business Combination, Acquisition related costs 32.1 34.2    
Other (gain) loss, net 0.0 118.9 (3.1)  
Goodwill and other intangible asset impairments 417.1 0.0 933.5  
Impairment of Long-Lived Assets Held-for-use 51.7 47.0 81.9  
Noncash Impairment Charges     1,000.0  
Other (gain) loss, net 0.0 $ (118.9) 3.1  
Restructuring, Incurred Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]   Selling, general and administrative expenses    
Long-Lived Assets        
Earnings Before Interest and Taxes:        
Noncash Impairment Charges     74.7  
Fair Value, Nonrecurring [Member] | Property, Plant and Equipment [Member]        
Earnings Before Interest and Taxes:        
Impairment of Long-Lived Assets Held-for-use 24.3 $ 25.8 53.7  
Total Assets, Fair Value   0.6 1.6 $ 1.1
Long-lived assets, carrying amount 24.6 26.4 32.1 $ 17.1
Fair Value, Inputs, Level 3 [Member] | Fair Value, Nonrecurring [Member] | Property, Plant and Equipment [Member]        
Earnings Before Interest and Taxes:        
Total Assets, Fair Value 0.3 0.6 2.7  
Tommy Hilfiger North America [Member]        
Revenue:        
Total revenue [3] 1,292.7 1,184.8 968.8  
Earnings Before Interest and Taxes:        
Income (loss) before interest and taxes (175.4) [8],[9] 21.2 [10] (130.5) [11],[12]  
Goodwill and other intangible asset impairments 177.2      
Tommy Hilfiger North America [Member] | Long-Lived Assets        
Earnings Before Interest and Taxes:        
Noncash Impairment Charges     6.0  
Tommy Hilfiger International [Member]        
Revenue:        
Total revenue [3] 3,364.7 3,518.9 2,667.6  
Earnings Before Interest and Taxes:        
Income (loss) before interest and taxes 514.8 [9],[13] 654.2 [10] 259.5 [11]  
Tommy Hilfiger International [Member] | Long-Lived Assets        
Earnings Before Interest and Taxes:        
Noncash Impairment Charges     30.0  
Calvin Klein North America [Member]        
Revenue:        
Total revenue [3] 1,430.4 1,321.7 955.6  
Earnings Before Interest and Taxes:        
Income (loss) before interest and taxes (81.9) [8],[9] 78.0 [10] (384.5) [11],[12],[14]  
Goodwill and other intangible asset impairments 162.6   289.9  
Calvin Klein North America [Member] | Long-Lived Assets        
Earnings Before Interest and Taxes:        
Noncash Impairment Charges     14.2  
Calvin Klein International [Member]        
Revenue:        
Total revenue [3] 2,353.0 2,338.6 1,682.7  
Earnings Before Interest and Taxes:        
Income (loss) before interest and taxes 252.6 [8],[9],[13] 377.6 [10] (280.0) [11],[14]  
Goodwill and other intangible asset impairments 77.3   394.0  
Calvin Klein International [Member] | Long-Lived Assets        
Earnings Before Interest and Taxes:        
Noncash Impairment Charges     20.7  
Heritage Brands Wholesale [Member]        
Revenue:        
Total revenue [3] 583.4 715.1 717.9  
Earnings Before Interest and Taxes:        
Income (loss) before interest and taxes 47.4 [9] 160.9 [15] (312.5) [12],[14]  
Goodwill and other intangible asset impairments     249.6  
Heritage Brands Retail [Member]        
Revenue:        
Total revenue [3] 0.0 75.6 140.0  
Earnings Before Interest and Taxes:        
Income (loss) before interest and taxes 0.0 (33.9) [16] (93.4) [11],[16]  
Goodwill, Impairment Loss 0.0      
Heritage Brands Retail [Member] | Long-Lived Assets        
Earnings Before Interest and Taxes:        
Noncash Impairment Charges     3.8  
Corporate [Member]        
Earnings Before Interest and Taxes:        
Income (loss) before interest and taxes [17] (86.8) [9],[18] (181.1) [10] (130.3) [12],[19]  
Actuarial gain on retirement and benefit plans 78.4 48.7 (64.5)  
Karl Lagerfeld [Member]        
Earnings Before Interest and Taxes:        
Equity Method Investment, Realized Gain on Sale 16.1      
Equity Method Investment, Other than Temporary Impairment     12.3  
Russia Business Exit        
Earnings Before Interest and Taxes:        
Exit activity costs incurred 43.0      
Russia Business Exit | Severance, termination benefits and other employee costs [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred 2.1      
Russia Business Exit | Tommy Hilfiger International [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred 31.6      
Russia Business Exit | Calvin Klein International [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred 11.4      
Reduction in Workforce and Real Estate Footprint        
Earnings Before Interest and Taxes:        
Exit activity costs incurred   47.6    
Reduction in Workforce and Real Estate Footprint | Severance, termination benefits and other employee costs [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred 0.0 15.7    
Reduction in Workforce and Real Estate Footprint | Tommy Hilfiger North America [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred   1.7    
Reduction in Workforce and Real Estate Footprint | Tommy Hilfiger International [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred   8.9    
Reduction in Workforce and Real Estate Footprint | Calvin Klein North America [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred   2.1    
Reduction in Workforce and Real Estate Footprint | Calvin Klein International [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred   6.4    
Reduction in Workforce and Real Estate Footprint | Corporate [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred   28.5    
North America Workforce Reduction [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred     39.7  
North America Workforce Reduction [Member] | Tommy Hilfiger North America [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred     10.9  
North America Workforce Reduction [Member] | Calvin Klein North America [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred     10.5  
North America Workforce Reduction [Member] | Heritage Brands Wholesale [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred     12.5  
North America Workforce Reduction [Member] | Corporate [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred     5.8  
2022 cost savings initiative | Severance, termination benefits and other employee costs [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred 20.2      
2022 cost savings initiative | Tommy Hilfiger North America [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred 4.7      
2022 cost savings initiative | Tommy Hilfiger International [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred 2.5      
2022 cost savings initiative | Calvin Klein North America [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred 4.6      
2022 cost savings initiative | Calvin Klein International [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred 3.5      
2022 cost savings initiative | Heritage Brands Wholesale [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred 2.6      
2022 cost savings initiative | Corporate [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred 2.3      
Net sales        
Revenue:        
Total revenue 8,544.9 8,723.7 6,798.7  
Net sales | Tommy Hilfiger North America [Member]        
Revenue:        
Total revenue 1,185.0 1,086.0 901.2  
Net sales | Tommy Hilfiger International [Member]        
Revenue:        
Total revenue 3,282.1 3,446.6 2,615.6  
Net sales | Calvin Klein North America [Member]        
Revenue:        
Total revenue 1,205.6 1,129.5 826.8  
Net sales | Calvin Klein International [Member]        
Revenue:        
Total revenue 2,290.3 2,283.1 1,614.6  
Net sales | Heritage Brands Wholesale [Member]        
Revenue:        
Total revenue 581.9 702.9 703.1  
Net sales | Heritage Brands Retail [Member]        
Revenue:        
Total revenue 0.0 75.6 137.4  
Royalty revenue        
Revenue:        
Total revenue 372.0 340.1 260.4  
Royalty revenue | Tommy Hilfiger North America [Member]        
Revenue:        
Total revenue 86.0 79.0 53.7  
Royalty revenue | Tommy Hilfiger International [Member]        
Revenue:        
Total revenue 61.9 56.8 40.1  
Royalty revenue | Calvin Klein North America [Member]        
Revenue:        
Total revenue 170.1 145.6 99.8  
Royalty revenue | Calvin Klein International [Member]        
Revenue:        
Total revenue 53.1 48.3 52.2  
Royalty revenue | Heritage Brands Wholesale [Member]        
Revenue:        
Total revenue 0.9 10.4 12.3  
Royalty revenue | Heritage Brands Retail [Member]        
Revenue:        
Total revenue 0.0 0.0 2.3  
Advertising and other revenue        
Revenue:        
Total revenue 107.3 90.9 73.5  
Advertising and other revenue | Tommy Hilfiger North America [Member]        
Revenue:        
Total revenue 21.7 19.8 13.9  
Advertising and other revenue | Tommy Hilfiger International [Member]        
Revenue:        
Total revenue 20.7 15.5 11.9  
Advertising and other revenue | Calvin Klein North America [Member]        
Revenue:        
Total revenue 54.7 46.6 29.0  
Advertising and other revenue | Calvin Klein International [Member]        
Revenue:        
Total revenue 9.6 7.2 15.9  
Advertising and other revenue | Heritage Brands Wholesale [Member]        
Revenue:        
Total revenue 0.6 1.8 2.5  
Advertising and other revenue | Heritage Brands Retail [Member]        
Revenue:        
Total revenue $ 0.0 0.0 $ 0.3  
Heritage Brands Transaction | Heritage Brands Wholesale [Member]        
Earnings Before Interest and Taxes:        
Exit activity costs incurred   5.5    
Aggregate net gain in connection with the Heritage Brands transaction   113.4    
Other (gain) loss, net   $ 118.9    
[1] No single customer accounted for more than 10% of the Company’s revenue in 2022, 2021 or 2020.
[2] Revenue in 2020 was significantly negatively impacted by the COVID-19 pandemic, including as a result of reduced traffic and consumer spending trends, and temporary store closures for varying periods of time throughout the year. The Company’s wholesale customers and licensing partners also experienced significant business disruptions as a result of the pandemic, resulting in a decrease in the Company’s revenue from these channels. Revenue in 2021 and 2022 continued to be negatively impacted by the pandemic and related supply chain and logistics disruptions, although to a much lesser extent than in 2020.
[3] Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.
[4] Revenue in 2020 was significantly negatively impacted by the COVID-19 pandemic, including as a result of reduced traffic and consumer spending trends, and temporary store closures for varying periods of time throughout the year. The Company’s wholesale customers and licensing partners also experienced significant business disruptions as a result of the pandemic, resulting in a decrease in the Company’s revenue from these channels. Revenue in 2021 and 2022 continued to be negatively impacted by the pandemic and related supply chain and logistics disruptions, although to a much lesser extent than in 2020.
[5] Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.
[6] Income (loss) before interest and taxes was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.
[7] Loss before interest and taxes in 2020 was significantly adversely impacted by the COVID-19 pandemic, including as a result of the unprecedented material decline in revenue noted above. As well, loss before interest and taxes in 2020 was significantly adversely impacted by $1.0 billion of noncash impairment charges related to goodwill, tradenames, and other intangible assets, store assets and an equity method investment resulting from the significant adverse impacts of the COVID-19 pandemic on the Company’s business. Please see notes (12), (13) and (14) below for further discussion.
[8] (Loss) income before interest and taxes for 2022 included a noncash goodwill impairment charge of $417.1 million. The $417.1 million goodwill impairment charge was included in the Company’s segments as follows: $177.2 million in Tommy Hilfiger North America, $162.6 million in Calvin Klein North America and $77.3 million in Calvin Klein International. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion.
[9] (Loss) income before interest and taxes for 2022 included costs of $20.2 million incurred related to the cost savings initiative described in Note 17, “Exit Activity Costs,” consisting of severance. Such costs were included in the Company’s segments as follows: $4.7 million in Tommy Hilfiger North America, $2.5 million in Tommy Hilfiger International, $4.6 million in Calvin Klein North America, $3.5 million in Calvin Klein International, $2.6 million in Heritage Brands Wholesale and $2.3 in corporate expenses not allocated to any reportable segments. Please see Note 17, “Exit Activity Costs,” for further discussion.
[10] Income (loss) before interest and taxes for 2021 included costs of $47.6 million incurred in connection with actions to streamline the Company’s organization through reductions in its workforce, primarily in certain international markets, and to reduce its real estate footprint, including reductions in office space and select store closures, consisting of noncash asset impairments, severance, and contract termination and other costs. Such costs were included in the Company’s segments as follows: $1.7 million in Tommy Hilfiger North America, $8.9 million in Tommy Hilfiger International, $2.1 million in Calvin Klein North America, $6.4 million in Calvin Klein International and $28.5 million in corporate expenses not allocated to any reportable segments. Please see Note 17, “Exit Activity Costs,” for further discussion.
[11] (Loss) income before interest and taxes for 2020 included noncash impairment charges of $74.7 million related to the Company’s store assets. The $74.7 million of impairment charges were included in the Company’s segments as follows: $6.0 million in Tommy Hilfiger North America, $30.0 million in Tommy Hilfiger International, $14.2 million in Calvin Klein North America, $20.7 million in Calvin Klein International and $3.8 million in Heritage Brands Retail. Please see Note 11, “Fair Value Measurements,” for further discussion.
[12] Loss before interest and taxes for 2020 included costs of $39.7 million incurred in connection with the North America workforce reduction, primarily consisting of severance. Such costs were included in the Company’s segments as follows: $10.9 million in Tommy Hilfiger North America, $10.5 million in Calvin Klein North America, $12.5 million in Heritage Brands Wholesale, and $5.8 million in corporate expenses not allocated to any reportable segments. Please see Note 17, “Exit Activity Costs,” for further discussion.
[13] Income before interest and taxes for 2022 included net costs of $43.0 million incurred in connection with the Company’s decision to exit from its Russia business, principally consisting of noncash asset impairments. Such costs were included in the Company’s segments as follows: $31.6 million in Tommy Hilfiger International and $11.4 million in Calvin Klein International. Please see Note 17, “Exit Activity Costs,” for further discussion.
[14] Loss before interest and taxes for 2020 included noncash impairment charges of $933.5 million, primarily related to goodwill, tradenames and other intangible assets. The $933.5 million of impairment charges were included in the Company’s segments as follows: $289.9 million in Calvin Klein North America, $394.0 million in Calvin Klein International and $249.6 million in Heritage Brands Wholesale. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion.
[15] Income before interest and taxes for 2021 included an aggregate net gain of $113.4 million in connection with the Heritage Brands transaction, consisting of (i) a $118.9 million gain, including a gain on the sale, less costs to sell, and a net gain on the Company’s retirement plans associated with the transaction, partially offset by (ii) $5.5 million of severance costs. Please see Note 3, “Acquisitions and Divestitures,” for further discussion.
[16] Loss before interest and taxes for 2021 and 2020 included costs and operating losses, as well as noncash asset impairments in 2020, associated with the wind down of the Heritage Brands Retail business that was completed in 2021. Please see Note 17, “Exit Activity Costs,” for further discussion.
[17] Includes corporate expenses not allocated to any reportable segments, the results of PVH Ethiopia (through the closure of the Ethiopia factory in the fourth quarter of 2021) and the Company’s proportionate share of the net income or loss of its investment in Karl Lagerfeld prior to the closing of the Karl Lagerfeld transaction in the second quarter of 2022. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion of the Company’s investment in Karl Lagerfeld and Note 6, “Redeemable Non-Controlling Interest,” for further discussion of PVH Ethiopia. Corporate expenses represent overhead operating expenses and include expenses for senior corporate management, corporate finance, information technology related to corporate infrastructure, certain digital investments, certain corporate responsibility initiatives, certain global strategic initiatives and actuarial gains and losses on the Company’s Pension Plans, SERP Plans and Postretirement Plans. Actuarial gains on the Company’s Pension Plans, SERP Plans and Postretirement Plans totaled $78.4 million, $48.7 million and $64.5 million in 2022, 2021 and 2020, respectively.
[18] Loss before interest and taxes for 2022 included a gain of $16.1 million in connection with the Karl Lagerfeld transaction. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion.
[19] Loss before interest and taxes for 2020 included a noncash impairment charge of $12.3 million related to the Company’s equity method investment in Karl Lagerfeld. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion.