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SEGMENT DATA (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Nov. 03, 2024
Oct. 29, 2023
Nov. 03, 2024
Oct. 29, 2023
Revenue:        
Revenues [1] $ 2,255.1 $ 2,362.9 $ 6,281.3 $ 6,727.8
Earnings before interest and taxes:        
Income before interest and taxes [2] 183.1 229.8 562.1 571.9
Other gain (9.5) 0.0 (19.5) 0.0
Costs related to Employment Agreement for Mr. Hilfiger     50.7  
2022 cost savings initiative | Severance, termination benefits and other employee costs [Member]        
Earnings before interest and taxes:        
Exit activity costs incurred   18.8   57.8
Growth Driver 5 Actions | Severance, termination benefits and other employee costs [Member]        
Earnings before interest and taxes:        
Exit activity costs incurred 12.2   27.5  
Restructuring and Related Cost, Incurred Net Costs 2.7   18.0  
Net sales        
Revenue:        
Revenues 2,131.0 2,225.8 5,946.3 6,382.1
Royalty revenue        
Revenue:        
Revenues 97.9 108.0 266.8 272.8
Advertising and other revenue        
Revenue:        
Revenues 26.2 29.1 68.2 72.9
Tommy Hilfiger North America [Member]        
Revenue:        
Revenues [1] 349.8 359.2 969.9 971.1
Earnings before interest and taxes:        
Income before interest and taxes 32.6 [3],[4] 39.5 [5] 91.3 [4],[6] 55.0 [7]
Costs related to Employment Agreement for Mr. Hilfiger     17.1  
Tommy Hilfiger North America [Member] | 2022 cost savings initiative | Severance, termination benefits and other employee costs [Member]        
Earnings before interest and taxes:        
Exit activity costs incurred   5.4   11.8
Tommy Hilfiger North America [Member] | Growth Driver 5 Actions | Severance, termination benefits and other employee costs [Member]        
Earnings before interest and taxes:        
Exit activity costs incurred 0.0   1.4  
Restructuring and Related Cost, Incurred Net Costs     1.4  
Tommy Hilfiger North America [Member] | Net sales        
Revenue:        
Revenues 318.1 326.9 885.7 891.2
Tommy Hilfiger North America [Member] | Royalty revenue        
Revenue:        
Revenues 25.5 25.6 69.0 64.4
Tommy Hilfiger North America [Member] | Advertising and other revenue        
Revenue:        
Revenues 6.2 6.7 15.2 15.5
Tommy Hilfiger International [Member]        
Revenue:        
Revenues [1] 851.1 850.7 2,337.7 2,502.3
Earnings before interest and taxes:        
Income before interest and taxes 58.0 [3],[4] 90.8 [5] 202.1 [4],[6] 290.5 [7]
Costs related to Employment Agreement for Mr. Hilfiger     33.6  
Tommy Hilfiger International [Member] | 2022 cost savings initiative | Severance, termination benefits and other employee costs [Member]        
Earnings before interest and taxes:        
Exit activity costs incurred   3.6   15.9
Tommy Hilfiger International [Member] | Growth Driver 5 Actions | Severance, termination benefits and other employee costs [Member]        
Earnings before interest and taxes:        
Exit activity costs incurred 5.5   12.8  
Restructuring and Related Cost, Incurred Net Costs 5.5   12.8  
Tommy Hilfiger International [Member] | Net sales        
Revenue:        
Revenues 830.5 831.1 2,281.3 2,444.1
Tommy Hilfiger International [Member] | Royalty revenue        
Revenue:        
Revenues 16.0 15.6 43.8 45.2
Tommy Hilfiger International [Member] | Advertising and other revenue        
Revenue:        
Revenues 4.6 4.0 12.6 13.0
Calvin Klein North America [Member]        
Revenue:        
Revenues [1] 341.8 375.5 945.5 964.6
Earnings before interest and taxes:        
Income before interest and taxes 40.1 48.8 [5] 114.5 [6] 71.4 [7]
Calvin Klein North America [Member] | 2022 cost savings initiative | Severance, termination benefits and other employee costs [Member]        
Earnings before interest and taxes:        
Exit activity costs incurred   2.6   8.5
Calvin Klein North America [Member] | Growth Driver 5 Actions | Severance, termination benefits and other employee costs [Member]        
Earnings before interest and taxes:        
Exit activity costs incurred 0.0   1.4  
Restructuring and Related Cost, Incurred Net Costs     1.4  
Calvin Klein North America [Member] | Net sales        
Revenue:        
Revenues 287.7 310.0 797.1 807.6
Calvin Klein North America [Member] | Royalty revenue        
Revenue:        
Revenues 41.6 51.0 116.3 121.1
Calvin Klein North America [Member] | Advertising and other revenue        
Revenue:        
Revenues 12.5 14.5 32.1 35.9
Calvin Klein International [Member]        
Revenue:        
Revenues [1] 652.1 646.7 1,865.5 1,885.5
Earnings before interest and taxes:        
Income before interest and taxes 84.5 [3] 94.9 [5] 255.7 [6] 275.5 [7]
Calvin Klein International [Member] | 2022 cost savings initiative | Severance, termination benefits and other employee costs [Member]        
Earnings before interest and taxes:        
Exit activity costs incurred   1.7   10.2
Calvin Klein International [Member] | Growth Driver 5 Actions | Severance, termination benefits and other employee costs [Member]        
Earnings before interest and taxes:        
Exit activity costs incurred 1.9   7.1  
Restructuring and Related Cost, Incurred Net Costs 1.9   7.1  
Calvin Klein International [Member] | Net sales        
Revenue:        
Revenues 634.5 627.4 1,819.8 1,836.0
Calvin Klein International [Member] | Royalty revenue        
Revenue:        
Revenues 14.7 15.5 37.5 41.3
Calvin Klein International [Member] | Advertising and other revenue        
Revenue:        
Revenues 2.9 3.8 8.2 8.2
Heritage Brands Wholesale [Member]        
Revenue:        
Revenues [1] 60.3 130.8 162.7 404.3
Earnings before interest and taxes:        
Income before interest and taxes 10.3 3.9 [5] 33.2 [8] 21.5 [7]
Disposal Group, Including Discontinued Operation, Earnout 10.0   10.0  
Heritage Brands Wholesale [Member] | 2022 cost savings initiative | Severance, termination benefits and other employee costs [Member]        
Earnings before interest and taxes:        
Exit activity costs incurred   3.2   7.8
Heritage Brands Wholesale [Member] | Net sales        
Revenue:        
Revenues 60.2 130.4 162.4 403.2
Heritage Brands Wholesale [Member] | Royalty revenue        
Revenue:        
Revenues 0.1 0.3 0.2 0.8
Heritage Brands Wholesale [Member] | Advertising and other revenue        
Revenue:        
Revenues 0.0 0.1 0.1 0.3
Corporate Segment [Member]        
Earnings before interest and taxes:        
Income before interest and taxes [9] (42.4) [3] (48.1) [5] (134.7) [6] (142.0) [7]
Corporate Segment [Member] | 2022 cost savings initiative | Severance, termination benefits and other employee costs [Member]        
Earnings before interest and taxes:        
Exit activity costs incurred [10]   $ 2.3   $ 3.6
Corporate Segment [Member] | Growth Driver 5 Actions | Severance, termination benefits and other employee costs [Member]        
Earnings before interest and taxes:        
Exit activity costs incurred [10] $ 4.8   4.8  
Restructuring and Related Cost, Incurred Net Costs     $ (4.7)  
[1] Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.
[2] 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.
[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 (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.
[8] 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.
[9] 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).
[10] Corporate expenses are not allocated to any reportable segment.