ACQUISITIONS Allocation of Acquisition Consideration (Tables)

12 Months Ended

Jan. 30, 2022

Business Combinations [Abstract]

Acquisition Consideration [Table Text Block]

The acquisition date fair value of the business acquired was $324.6 million, consisting of:

(In millions)
Cash consideration	$	124.7
Fair value of the Company’s investment in PVH Australia	131.4
Fair value of the Company’s investment in Gazal	40.1
Fair value of mandatorily redeemable non-controlling interest	26.2
Elimination of pre-acquisition receivable owed to the Company	2.2
Total acquisition date fair value of the business acquired	$	324.6

Mandatorily Redeemable Non Controlling Interest Liability

The Company had no remaining liability for the mandatorily redeemable non-controlling interest as of January 30, 2022. The liability for the mandatorily redeemable non-controlling interest, related to the tranche 2 shares, was $24.1 million as of January 31, 2021 based on exchange rates in effect on that date, and was included in accrued expenses in the Company’s Consolidated Balance Sheet.