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SEGMENT DATA (Tables)
 12 Months Ended
Feb. 02, 2025
Feb. 04, 2024
Jan. 29, 2023
Segment Reporting [Abstract]      
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The Company’s revenue, significant expenses, and income (loss) before interest and taxes by segment, which include the impact of changes in foreign currency exchanges rates, were as follows:
2024
(In millions)
Tommy Hilfiger North America (4)(5)
Tommy Hilfiger International
 (4)(5)
Calvin Klein North America
(4)
Calvin Klein International
(4)
Heritage Brands Wholesale(6)
Total
Net Sales$1,252.8 $3,142.9 $1,120.0 $2,481.4 $206.0 $8,203.1 
Royalty revenue97.8 58.7 155.1 49.2 0.4 361.2 
Advertising and other revenue20.6 16.9 40.9 10.1 0.1 88.6 
Total revenue1,371.2 3,218.5 1,316.0 2,540.7 206.5 8,652.9 
Cost of goods sold (1)
615.0 1,242.8 599.1 927.5 126.0 3,510.4 
Marketing expenses (1)
65.9 188.6 86.9 130.4 8.2 480.0 
Other segment items (2)
544.1 1,462.0 480.1 1,155.2 35.9 3,677.3 
Segment income before interest and taxes$146.2 $325.1 $149.9 $327.6 $36.4 $985.2 
Corporate (3)(4)
(212.9)
Income before interest and taxes$772.3 

(1)    The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.

(2)    Other segment items include (i) all other segment selling, general and administrative expenses other than marketing expense, including direct and indirect costs to operate the segment’s retail store, digital commerce, licensing and wholesale businesses, warehousing and distribution costs, depreciation and amortization, restructuring costs, and other costs, (ii) equity in net income of unconsolidated affiliates and (iii) the other gain recorded in 2024 in connection with the Heritage Brands intimates transaction described in note (6) below.

(3)    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. The actuarial loss on the Company’s Pension Plans, SERP Plans and Postretirement Plans was $28.2 million in 2024.

(4)    Income (loss) before interest and taxes included net costs of $24.0 million incurred related to the Growth Driver 5 Actions described in Note 16, “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: $2.8 million in Tommy Hilfiger North America, $14.6 million in Tommy Hilfiger International, $3.2 million in Calvin Klein North America, $7.1 million in Calvin Klein International, and a net gain of $3.7 million in corporate expenses not allocated to any reportable segments. Please see Note 16, “Exit Activity Costs,” for further discussion.

(5)    Income before interest and taxes 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.

(6)    Income before interest and taxes 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 3, “Divestitures,” for further discussion.
2023
(In millions)
Tommy Hilfiger North America
(4)
Tommy Hilfiger International
 (4)
Calvin Klein North America
(4)
Calvin Klein International
(4)
Heritage Brands Wholesale
(4)(5)
Total
Net Sales$1,262.7 $3,376.3 $1,112.4 $2,523.0 $477.4 $8,751.8 
Royalty revenue88.5 58.6 165.2 55.0 0.9 368.2 
Advertising and other revenue20.5 18.0 47.0 11.9 0.3 97.7 
Total revenue1,371.7 3,452.9 1,324.6 2,589.9 478.6 9,217.7 
Cost of goods sold (1)
636.4 1,351.6 609.2 933.5 323.8 3,854.5 
Marketing expenses (1)
81.7 188.9 101.8 143.9 17.6 533.9 
Other segment items (2)
560.1 1,457.8 506.0 1,126.5 97.9 3,748.3 
Segment income before interest and taxes$93.5 $454.6 $107.6 $386.0 $39.3 $1,081.0 
Corporate (3)(4)
(152.2)
Income before interest and taxes$928.8 

(1)    The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.

(2)    Other segment items include (i) all other segment selling, general and administrative expenses other than marketing expense, including direct and indirect costs to operate the segment’s retail store, digital commerce, licensing and wholesale businesses, warehousing and distribution costs, depreciation and amortization, restructuring costs, and other costs, (ii) equity in net income of unconsolidated affiliates and (iii) the other gain recorded in 2023 in connection with the Heritage Brands intimates transaction described in note (5) below.

(3)    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. The actuarial gain on the Company’s Pension Plans, SERP Plans and Postretirement Plans was $45.5 million in 2023.

(4)    Income (loss) before interest and taxes included costs of $61.3 million incurred related to the 2022 cost savings initiative described in Note 16, “Exit Activity Costs,” consisting principally of severance. Such costs were included in the Company’s segments as follows: $12.7 million in Tommy Hilfiger North America, $17.3 million in Tommy Hilfiger International, $9.1 million in Calvin Klein North America, $10.8 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 16, “Exit Activity Costs,” for further discussion.

(5)    Income before interest and taxes included an aggregate net gain of $13.5 million in connection with the Heritage Brands intimates transaction, consisting of (i) a $15.3 million gain, including a gain on the sale, less costs to sell, partially offset by (ii) $1.8 million of severance and other termination benefits. Please see Note 3, “Divestitures,” for further discussion.
2022
(In millions)
Tommy Hilfiger North America
(4)(5)
Tommy Hilfiger International
(5)(6)
Calvin Klein North America
(4)(5)
Calvin Klein International
(4)(5)(6)
Heritage Brands Wholesale
(5)
Total
Net Sales$1,185.0 $3,282.1 $1,205.6 $2,290.3 $581.9 $8,544.9 
Royalty revenue86.0 61.9 170.1 53.1 0.9 372.0 
Advertising and other revenue21.7 20.7 54.7 9.6 0.6 107.3 
Total revenue1,292.7 3,364.7 1,430.4 2,353.0 583.4 9,024.2 
Cost of goods sold (1)
674.9 1,259.4 732.6 842.6 391.8 3,901.3 
Marketing expenses (1)
70.3 165.5 106.7 128.9 20.7 492.1 
Other segment items (2)
722.9 1,425.0 673.0 1,128.9 123.5 4,073.3 
Segment (loss) income before interest and taxes$(175.4)$514.8 $(81.9)$252.6 $47.4 $557.5 
Corporate (3)(5)(7)
(86.8)
Income before interest and taxes$470.7 

(1)    The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.

(2)    Other segment items include (i) all other segment selling, general and administrative expenses other than marketing expense, including direct and indirect costs to operate the segment’s retail store, digital commerce, licensing and wholesale businesses, warehousing and distribution costs, depreciation and amortization, restructuring costs, and other costs, (ii) equity in net income of unconsolidated affiliates and (iii) a goodwill impairment charge recorded in 2022 described in note (4) below.

(3)    Includes corporate expenses not allocated to any reportable segments, including 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 2022. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion of the Company’s investment in Karl Lagerfeld. 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. The actuarial gain on the Company’s Pension Plans, SERP Plans and Postretirement Plans was $78.4 million in 2022.

(4)    (Loss) income before interest and taxes included a noncash goodwill impairment charge of $417.1 million. The 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 6, “Goodwill and Other Intangible Assets,” for further discussion.

(5)     (Loss) income before interest and taxes included costs of $20.2 million incurred related to the 2022 cost savings initiative described in Note 16, “Exit Activity Costs,” consisting principally 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 16, “Exit Activity Costs,” for further discussion.

(6)    Income before interest and taxes 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 16, “Exit Activity Costs,” for further discussion.

(7)    Loss before interest and taxes 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.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]
Property, plant and equipment, net based on the location where such assets are held, was as follows:
(In millions)
2024 (1)
2023 (1)
2022 (1)
Domestic$287.7 $333.6 $384.3 
Canada6.6 8.0 10.4 
Europe351.3 415.0 406.4 
Asia-Pacific93.5 103.7 101.1 
Other foreign1.9 2.3 1.8 
Total$741.0 $862.6 $904.0 

(1)Property, plant and equipment, net included the impact of changes in foreign currency exchange rates.

Revenue, based on location of origin, was as follows:
(In millions)
2024 (1)
2023 (1)
2022 (1)
Domestic (2)
$2,473.7 $2,715.1 $2,854.9 
Canada315.4 349.1 347.6 
Europe4,124.8 4,378.6 4,204.0 
Asia-Pacific1,617.5 1,643.5 1,492.3 
Other foreign121.5 131.4 125.4 
Total$8,652.9 $9,217.7 $9,024.2 

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

(2)Domestic revenue in 2023 and 2024 was negatively impacted by the Heritage Brands intimates transaction. Please see Note 3, “Divestitures,” for further discussion.
    
Disaggregation of Revenue
The Company’s revenue by distribution channel was as follows:
(In millions)2024
(1)
2023
(1)
2022
(1)
Wholesale net sales
$4,108.8 $4,554.7 $4,704.0 
Owned and operated retail stores3,348.9 3,399.8 3,118.2 
Owned and operated digital commerce sites745.4 797.3 722.7 
Retail net sales4,094.3 4,197.1 3,840.9 
Net sales8,203.1 8,751.8 8,544.9 
Royalty revenue361.2 368.2 372.0 
Advertising and other revenue88.6 97.7 107.3 
Total (2)
$8,652.9 $9,217.7 $9,024.2 

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

(2)    No single customer accounted for more than 5% of the Company’s revenue in 2024, 2023 or 2022.
    
The Company has not disclosed net sales by product category as it is impracticable to do so.