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SEGMENT DATA (Details) - USD ($)
$ in Millions
12 Months Ended
Nov. 27, 2023
Feb. 02, 2025
Feb. 04, 2024
Jan. 29, 2023
May 05, 2024
Revenue:          
Total revenue [1],[2],[3],[4]   $ 8,652.9 $ 9,217.7 $ 9,024.2  
Cost of goods sold   3,510.4 [5] 3,854.5 [6] 3,901.3 [7]  
Marketing Expense   480.0 [5] 533.9 [6] 492.1 [7]  
Other segment items   3,677.3 [8] 3,748.3 [9] 4,073.3 [10]  
Earnings Before Interest and Taxes:          
Income before interest and taxes   772.3 928.8 470.7  
Actuarial loss (gain)   28.2 (45.5) (78.4)  
Goodwill impairment   0.0 0.0 417.1  
Business Combination, Acquisition related costs   22.5 23.1    
Other (gain) loss, net   19.5 15.3 0.0  
Goodwill impairment   0.0 0.0 417.1  
Impairment of Long-Lived Assets Held-for-use   10.2 5.7 51.7  
Other gain   (19.5) (15.3) 0.0  
Costs Related to Amendment of Mr. Tommy Hilfiger Employment Agreement   50.7      
Operating Segments          
Earnings Before Interest and Taxes:          
Income before interest and taxes   985.2 1,081.0 557.5  
Fair Value, Nonrecurring [Member] | Property, Plant and Equipment [Member]          
Earnings Before Interest and Taxes:          
Noncash Impairment Charges   8.6 5.7 24.3  
Tommy Hilfiger North America [Member]          
Revenue:          
Total revenue   1,371.2 1,371.7 1,292.7  
Cost of goods sold   615.0 636.4 674.9  
Marketing Expense   65.9 81.7 70.3  
Other segment items   544.1 560.1 722.9  
Earnings Before Interest and Taxes:          
Income before interest and taxes   146.2 [11],[12] 93.5 [13] (175.4) [14],[15]  
Goodwill impairment       177.2  
Goodwill impairment       177.2  
Costs Related to Amendment of Mr. Tommy Hilfiger Employment Agreement   17.1      
Tommy Hilfiger North America [Member] | Fair Value, Nonrecurring [Member] | Property, Plant and Equipment [Member]          
Earnings Before Interest and Taxes:          
Noncash Impairment Charges     0.7    
Tommy Hilfiger International [Member]          
Revenue:          
Total revenue   3,218.5 3,452.9 3,364.7  
Cost of goods sold   1,242.8 1,351.6 1,259.4  
Marketing Expense   188.6 188.9 165.5  
Other segment items   1,462.0 1,457.8 1,425.0  
Earnings Before Interest and Taxes:          
Income before interest and taxes   325.1 [11],[12] 454.6 [13] 514.8 [15],[16]  
Costs Related to Amendment of Mr. Tommy Hilfiger Employment Agreement   33.6      
Tommy Hilfiger International [Member] | Fair Value, Nonrecurring [Member] | Property, Plant and Equipment [Member]          
Earnings Before Interest and Taxes:          
Noncash Impairment Charges     3.3    
Calvin Klein North America [Member]          
Revenue:          
Total revenue   1,316.0 1,324.6 1,430.4  
Cost of goods sold   599.1 609.2 732.6  
Marketing Expense   86.9 101.8 106.7  
Other segment items   480.1 506.0 673.0  
Earnings Before Interest and Taxes:          
Income before interest and taxes   149.9 [11] 107.6 [13] (81.9) [14],[15]  
Goodwill impairment       162.6  
Goodwill impairment       162.6  
Calvin Klein North America [Member] | Fair Value, Nonrecurring [Member] | Property, Plant and Equipment [Member]          
Earnings Before Interest and Taxes:          
Noncash Impairment Charges     0.5    
Calvin Klein International [Member]          
Revenue:          
Total revenue   2,540.7 2,589.9 2,353.0  
Cost of goods sold   927.5 933.5 842.6  
Marketing Expense   130.4 143.9 128.9  
Other segment items   1,155.2 1,126.5 1,128.9  
Earnings Before Interest and Taxes:          
Income before interest and taxes   327.6 [11] 386.0 [13] 252.6 [14],[15],[16]  
Goodwill impairment       77.3  
Goodwill impairment       77.3  
Calvin Klein International [Member] | Fair Value, Nonrecurring [Member] | Property, Plant and Equipment [Member]          
Earnings Before Interest and Taxes:          
Noncash Impairment Charges     1.2    
Heritage Brands Wholesale [Member]          
Revenue:          
Total revenue   206.5 478.6 583.4  
Cost of goods sold   126.0 323.8 391.8  
Marketing Expense   8.2 17.6 20.7  
Other segment items   35.9 97.9 123.5  
Earnings Before Interest and Taxes:          
Income before interest and taxes   36.4 [17] 39.3 [13],[18] 47.4 [15]  
Disposal Group, Including Discontinued Operation, Earnout   10.0      
Corporate [Member]          
Earnings Before Interest and Taxes:          
Income before interest and taxes   (212.9) [11],[19] (152.2) [13],[20] (86.8) [15],[21],[22]  
Actuarial loss (gain)   28.2 (45.5) (78.4)  
Karl Lagerfeld [Member]          
Earnings Before Interest and Taxes:          
Equity Method Investment, Realized Gain on Sale       16.1  
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  
2022 cost savings initiative | Severance, termination benefits and other employee costs [Member]          
Earnings Before Interest and Taxes:          
Exit activity costs incurred     61.3 20.2  
2022 cost savings initiative | Tommy Hilfiger North America [Member] | Severance, termination benefits and other employee costs [Member]          
Earnings Before Interest and Taxes:          
Exit activity costs incurred     12.7 4.7  
2022 cost savings initiative | Tommy Hilfiger International [Member] | Severance, termination benefits and other employee costs [Member]          
Earnings Before Interest and Taxes:          
Exit activity costs incurred     17.3 2.5  
2022 cost savings initiative | Calvin Klein North America [Member] | Severance, termination benefits and other employee costs [Member]          
Earnings Before Interest and Taxes:          
Exit activity costs incurred     9.1 4.6  
2022 cost savings initiative | Calvin Klein International [Member] | Severance, termination benefits and other employee costs [Member]          
Earnings Before Interest and Taxes:          
Exit activity costs incurred     10.8 3.5  
2022 cost savings initiative | Heritage Brands Wholesale [Member] | Severance, termination benefits and other employee costs [Member]          
Earnings Before Interest and Taxes:          
Exit activity costs incurred     7.8 2.6  
2022 cost savings initiative | Corporate [Member] | Severance, termination benefits and other employee costs [Member]          
Earnings Before Interest and Taxes:          
Exit activity costs incurred [23]     3.6 2.3  
Growth Driver 5 Actions | Severance, termination benefits and other employee costs [Member]          
Earnings Before Interest and Taxes:          
Exit activity costs incurred   33.5      
Restructuring And Related Cost Incurred Net Costs   24.0      
Growth Driver 5 Actions | Tommy Hilfiger North America [Member] | Severance, termination benefits and other employee costs [Member]          
Earnings Before Interest and Taxes:          
Exit activity costs incurred   2.8      
Restructuring And Related Cost Incurred Net Costs   2.8      
Growth Driver 5 Actions | Tommy Hilfiger International [Member] | Severance, termination benefits and other employee costs [Member]          
Earnings Before Interest and Taxes:          
Exit activity costs incurred   14.6      
Restructuring And Related Cost Incurred Net Costs   14.6      
Growth Driver 5 Actions | Calvin Klein North America [Member] | Severance, termination benefits and other employee costs [Member]          
Earnings Before Interest and Taxes:          
Exit activity costs incurred   3.2      
Restructuring And Related Cost Incurred Net Costs   3.2      
Growth Driver 5 Actions | Calvin Klein International [Member] | Severance, termination benefits and other employee costs [Member]          
Earnings Before Interest and Taxes:          
Exit activity costs incurred   7.1      
Restructuring And Related Cost Incurred Net Costs   7.1      
Growth Driver 5 Actions | Corporate [Member] | Severance, termination benefits and other employee costs [Member]          
Earnings Before Interest and Taxes:          
Exit activity costs incurred [24]   5.8      
Restructuring And Related Cost Incurred Net Costs   3.7      
Net sales          
Revenue:          
Total revenue   8,203.1 8,751.8 8,544.9  
Net sales | Tommy Hilfiger North America [Member]          
Revenue:          
Total revenue   1,252.8 1,262.7 1,185.0  
Net sales | Tommy Hilfiger International [Member]          
Revenue:          
Total revenue   3,142.9 3,376.3 3,282.1  
Net sales | Calvin Klein North America [Member]          
Revenue:          
Total revenue   1,120.0 1,112.4 1,205.6  
Net sales | Calvin Klein International [Member]          
Revenue:          
Total revenue   2,481.4 2,523.0 2,290.3  
Net sales | Heritage Brands Wholesale [Member]          
Revenue:          
Total revenue   206.0 477.4 581.9  
Royalty revenue          
Revenue:          
Total revenue   361.2 368.2 372.0  
Royalty revenue | Tommy Hilfiger North America [Member]          
Revenue:          
Total revenue   97.8 88.5 86.0  
Royalty revenue | Tommy Hilfiger International [Member]          
Revenue:          
Total revenue   58.7 58.6 61.9  
Royalty revenue | Calvin Klein North America [Member]          
Revenue:          
Total revenue   155.1 165.2 170.1  
Royalty revenue | Calvin Klein International [Member]          
Revenue:          
Total revenue   49.2 55.0 53.1  
Royalty revenue | Heritage Brands Wholesale [Member]          
Revenue:          
Total revenue   0.4 0.9 0.9  
Advertising and other revenue          
Revenue:          
Total revenue   88.6 97.7 107.3  
Advertising and other revenue | Tommy Hilfiger North America [Member]          
Revenue:          
Total revenue   20.6 20.5 21.7  
Advertising and other revenue | Tommy Hilfiger International [Member]          
Revenue:          
Total revenue   16.9 18.0 20.7  
Advertising and other revenue | Calvin Klein North America [Member]          
Revenue:          
Total revenue   40.9 47.0 54.7  
Advertising and other revenue | Calvin Klein International [Member]          
Revenue:          
Total revenue   10.1 11.9 9.6  
Advertising and other revenue | Heritage Brands Wholesale [Member]          
Revenue:          
Total revenue   $ 0.1 0.3 $ 0.6  
Heritage Brands Intimates Transaction | Other gain          
Earnings Before Interest and Taxes:          
Other gain $ 15.3        
Heritage Brands Intimates Transaction | Heritage Brands Wholesale [Member]          
Earnings Before Interest and Taxes:          
Exit activity costs incurred     1.8    
Aggregate net gain in connection with the Heritage Brands intimates transaction     13.5    
Heritage Brands Intimates Transaction | Heritage Brands Wholesale [Member] | Other gain          
Earnings Before Interest and Taxes:          
Other gain     $ 15.3    
Disposal Group, Including Discontinued Operation, Earnout         $ 10.0
[1] No single customer accounted for more than 5% of the Company’s revenue in 2024, 2023 or 2022.
[2] Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.
[3] Domestic revenue in 2023 and 2024 was negatively impacted by the Heritage Brands intimates transaction. Please see Note 3, “Divestitures,” for further discussion.
[4] Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.
[5] The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.
[6] The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.
[7] The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.
[8] 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.
[9] 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.
[10] 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.
[11] 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.
[12] 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.
[13] 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.
[14] (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.
[15] (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.
[16] 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.
[17] 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.
[18] 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.
[19] 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.
[20] 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.
[21] 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.
[22] 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.
[23] Corporate expenses are not allocated to any reportable segment.
[24] Corporate expenses are not allocated to any reportable segment.