XML 37 R24.htm IDEA: XBRL DOCUMENT v3.23.1
Subsequent Events
12 Months Ended
Jan. 31, 2023
Subsequent Events [Abstract]  
Subsequent Events

NOTE 18 — SUBSEQUENT EVENTS

In March 2023, the Company announced the signing of a long-term license with Authentic Brands Group for the Nautica brand in North America. The Company will produce across a number of categories starting with a full women’s jeanswear collection and then expanding in a phased approach into additional categories including sportswear, suit separates and dresses. The new five-year license agreement, effective beginning in January 2024, includes three extensions, for five years each. First deliveries are expected to hit the floor in January 2024. The product is expected to be distributed in better department stores, digital channels and Nautica’s stores and website in North America and franchised stores globally.