ALLOWANCE FOR DOUBTFUL ACCOUNTS (Tables)

6 Months Ended

Jul. 31, 2025

ALLOWANCE FOR DOUBTFUL ACCOUNTS

Schedule of accounts receivable and allowance for doubtful accounts

The Company’s accounts receivable and allowance for doubtful accounts as of July 31, 2025, July 31, 2024 and January 31, 2025 were:

	July 31, 2025
	Wholesale		Retail		Total
	(In thousands)
Accounts receivable, gross	$	475,338	$	1,065	$	476,403
Allowance for doubtful accounts		(1,404)		(68)		(1,472)
Accounts receivable, net	$	473,934	$	997	$	474,931
	July 31, 2024
	Wholesale		Retail		Total
	(In thousands)
Accounts receivable, gross	$	477,042	$	1,683	$	478,725
Allowance for doubtful accounts		(1,197)		(63)		(1,260)
Accounts receivable, net	$	475,845	$	1,620	$	477,465
	January 31, 2025
	Wholesale		Retail		Total
	(In thousands)
Accounts receivable, gross	$	631,463	$	877	$	632,340
Allowance for doubtful accounts		(7,520)		(68)		(7,588)
Accounts receivable, net	$	623,943	$	809	$	624,752

Schedule of activity in its allowance for credit losses

During the six months ended July 31, 2025, accounts receivable balances of $8.4 million were deemed uncollectable and written off against the allowance primarily due to the bankruptcy of certain customers within the Company’s wholesale operations segment, including Hudson’s Bay Company.

The Company had the following activity in its allowance for doubtful accounts:

	Wholesale		Retail		Total
	(In thousands)
Balance as of January 31, 2025	$	(7,520)	$	(68)	$	(7,588)
Provision for credit losses, net		(2,284)		—		(2,284)
Accounts written off as uncollectible		8,400		—		8,400
Balance as of July 31, 2025	$	(1,404)	$	(68)	$	(1,472)
Balance as of January 31, 2024	$	(1,408)	$	(63)	$	(1,471)
Provision for credit losses, net		208		—		208
Accounts written off as uncollectible		3		—		3
Balance as of July 31, 2024	$	(1,197)	$	(63)	$	(1,260)
Balance as of January 31, 2024	$	(1,408)	$	(63)	$	(1,471)
Provision for credit losses, net		(6,160)		(5)		(6,165)
Accounts written off as uncollectible		48		—		48
Balance as of January 31, 2025	$	(7,520)	$	(68)	$	(7,588)