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SEGMENT DATA (Tables)
 9 Months Ended
Nov. 03, 2024
Segment Reporting Information [Line Items]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The Company’s revenue by segment was as follows:
Thirteen Weeks EndedThirty-Nine Weeks Ended
(In millions)11/3/24
(1)
10/29/23
(1)
11/3/24
(1)
10/29/23
(1)
Revenue – Tommy Hilfiger North America
Net sales    $318.1 $326.9 $885.7 $891.2 
Royalty revenue    25.5 25.6 69.0 64.4 
Advertising and other revenue    6.2 6.7 15.2 15.5 
Total    349.8 359.2 969.9 971.1 
Revenue – Tommy Hilfiger International
Net sales    830.5 831.1 2,281.3 2,444.1 
Royalty revenue    16.0 15.6 43.8 45.2 
Advertising and other revenue    4.6 4.0 12.6 13.0 
Total    851.1 850.7 2,337.7 2,502.3 
Revenue – Calvin Klein North America
Net sales287.7 310.0 797.1 807.6 
Royalty revenue41.6 51.0 116.3 121.1 
Advertising and other revenue12.5 14.5 32.1 35.9 
Total341.8 375.5 945.5 964.6 
Revenue – Calvin Klein International
Net sales634.5 627.4 1,819.8 1,836.0 
Royalty revenue14.7 15.5 37.5 41.3 
Advertising and other revenue2.9 3.8 8.2 8.2 
Total652.1 646.7 1,865.5 1,885.5 
Revenue – Heritage Brands Wholesale
Net sales60.2 130.4 162.4 403.2 
Royalty revenue0.1 0.3 0.2 0.8 
Advertising and other revenue— 0.1 0.1 0.3 
Total60.3 130.8 162.7 404.3 
Total Revenue
Net sales    2,131.0 2,225.8 5,946.3 6,382.1 
Royalty revenue    97.9 108.0 266.8 272.8 
Advertising and other revenue    26.2 29.1 68.2 72.9 
Total    $2,255.1 $2,362.9 $6,281.3 $6,727.8 

(1) Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.
The Company’s revenue by distribution channel was as follows:
Thirteen Weeks EndedThirty-Nine Weeks Ended
(In millions)11/3/24
(1)
10/29/23
(1)
11/3/24
(1)
10/29/23
(1)
Wholesale net sales$1,203.1 $1,301.6 $3,155.4 $3,555.8 
Owned and operated retail stores760.0 754.7 2,293.9 2,305.0 
Owned and operated digital commerce sites167.9 169.5 497.0 521.3 
Retail net sales927.9 924.2 2,790.9 2,826.3 
Net sales2,131.0 2,225.8 5,946.3 6,382.1 
Royalty revenue97.9 108.0 266.8 272.8 
Advertising and other revenue26.2 29.1 68.2 72.9 
Total$2,255.1 $2,362.9 $6,281.3 $6,727.8 

(1)    Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.

The Company’s income before interest and taxes by segment was as follows:
Thirteen Weeks EndedThirty-Nine Weeks Ended
(In millions)11/3/24
(1)
10/29/23
(1)
11/3/24
(1)
10/29/23
(1)
Income before interest and taxes – Tommy Hilfiger North America$32.6 (3)(4)$39.5 
(5)
$91.3 (4)(6)$55.0 
(8)
Income before interest and taxes – Tommy Hilfiger International58.0 (3)(4)90.8 
(5)
202.1 (4)(6)290.5 
(8)
Income before interest and taxes – Calvin Klein North America40.1 48.8 
(5)
114.5 
(6)
71.4 
(8)
Income before interest and taxes – Calvin Klein International 84.5 (3)94.9 
(5)
255.7 
(6)
275.5 
(8)
Income before interest and taxes – Heritage Brands Wholesale     10.3 3.9 
(5)
33.2 
(7)
21.5 
(8)
Loss before interest and taxes – Corporate(2)    
(42.4)(3)(48.1)
(5)

(134.7)(6)(142.0)
(8)
Income before interest and taxes$183.1 $229.8 $562.1 $571.9 

(1) Income 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.

(2) Includes corporate expenses not allocated to any reportable segments. 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 (which are generally recorded in the fourth quarter).

(3) Income (loss) before interest and taxes for the thirteen weeks ended November 3, 2024 included net costs of $2.7 million incurred related to the Growth Driver 5 Actions described in Note 14, “Exit Activity Costs,” consisting principally of severance and a gain in connection with the sale of a warehouse and distribution center. Such costs were included in the Company’s segments as follows: $5.5 million in Tommy Hilfiger International, $1.9 million in Calvin Klein International, and a net gain of $(4.7) million in corporate expenses not allocated to any reportable segments. Please see Note 14, “Exit Activity Costs,” for further discussion.

(4) Income before interest and taxes for the thirteen and thirty-nine weeks ended November 3, 2024 included costs of $50.7 million incurred in connection with an amendment to Mr. Tommy Hilfiger’s employment agreement pursuant to which the Company made a cash buyout of a portion of the future payment obligations. Such costs were included in the Company’s segments as follows: $17.1 million in Tommy Hilfiger North America and $33.6 million in Tommy Hilfiger International.
(5) Income (loss) before interest and taxes for the thirteen weeks ended October 29, 2023 included costs of $18.8 million incurred related to the 2022 cost savings initiative described in Note 14, “Exit Activity Costs,” consisting principally of severance. Such costs were included in the Company’s segments as follows: $5.4 million in Tommy Hilfiger North America, $3.6 million in Tommy Hilfiger International, $2.6 million in Calvin Klein North America, $1.7 million in Calvin Klein International, $3.2 million in Heritage Brands Wholesale and $2.3 million in corporate expenses not allocated to any reportable segments. Please see Note 14, “Exit Activity Costs,” for further discussion.

(6) Income (loss) before interest and taxes for the thirty-nine weeks ended November 3, 2024 included net costs of $18.0 million incurred related to the Growth Driver 5 Actions described in Note 14, “Exit Activity Costs,” consisting principally of severance and a gain in connection with the sale of a warehouse and distribution center. Such costs were included in the Company’s segments as follows: $1.4 million in Tommy Hilfiger North America, $12.8 million in Tommy Hilfiger International, $1.4 million in Calvin Klein North America, $7.1 million in Calvin Klein International, and a net gain of $(4.7) million in corporate expenses not allocated to any reportable segments. Please see Note 14, “Exit Activity Costs,” for further discussion.

(7) Income before interest and taxes for the thirty-nine weeks ended November 3, 2024 included a gain of $10.0 million in connection with the Heritage Brands intimates transaction due to the accelerated realization of the earnout provided for in the agreement with Basic Resources. Please see Note 4, “Divestitures,” for further discussion.

(8) Income (loss) before interest and taxes for the thirty-nine weeks ended October 29, 2023 included costs of $57.8 million incurred related to the 2022 cost savings initiative described in Note 14, “Exit Activity Costs,” consisting principally of severance. Such costs were included in the Company’s segments as follows: $11.8 million in Tommy Hilfiger North America, $15.9 million in Tommy Hilfiger International, $8.5 million in Calvin Klein North America, $10.2 million in Calvin Klein International, $7.8 million in Heritage Brands Wholesale and $3.6 million in corporate expenses not allocated to any reportable segments. Please see Note 14, “Exit Activity Costs,” for further discussion.

Intersegment transactions, which primarily consist of transfers of inventory, are not material.