Inventories

6 Months Ended

Jul. 31, 2017

Inventory Disclosure [Abstract]

Inventories

Note 4 – Inventories

Subsequent to the adoption of Accounting Standard Update 2015-11 (Inventory - Topic 330), wholesale inventories are stated at the lower of cost (determined by the first-in, first out method) or net realizable value which comprises a significant portion of the Company’s inventory. Retail inventories are valued at the lower of cost or market as determined by the retail inventory method. Vilebrequin inventories are stated at the lower of cost (determined by the weighted average method) or net realizable value. Inventories consist of:

	July 31, 2017		July 31, 2016		January 31, 2017
	(In thousands)
Finished goods	$	654,516	$	567,864	$	483,085
Raw materials and work-in-process		756		2,132		184
	$	655,272	$	569,996	$	483,269