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INTANGIBLE ASSETS (Tables)
12 Months Ended
Jan. 31, 2024
INTANGIBLE ASSETS [Abstract]  
Schedule of intangible assets

Intangible assets consist of:

January 31, 2024

    

Estimated Life

    

Gross Carrying Amount

    

Accumulated Amortization

Net Carrying Amount

(In thousands)

Finite-lived intangible assets

Licenses

14 years

$

19,152

$

(17,930)

$

1,222

Customer relationships

15-17 years

52,592

(25,903)

26,689

Other

5-10 years

9,496

(5,731)

3,765

Total finite-lived intangible assets

$

81,240

$

(49,564)

$

31,676

Indefinite-lived intangible assets

Trademarks

630,333

Total indefinite-lived intangible assets

630,333

Total intangible assets, net

$

662,009

January 31, 2023

    

Estimated Life

    

Gross Carrying Amount

    

Accumulated Amortization

Net Carrying Amount

(In thousands)

Finite-lived intangible assets

Licenses

14 years

$

18,955

$

(17,314)

$

1,641

Customer relationships

15-17 years

52,392

(22,931)

29,461

Other

5-10 years

8,583

(4,843)

3,740

Total finite-lived intangible assets

$

79,930

$

(45,088)

$

34,842

Indefinite-lived intangible assets

Trademarks

628,156

Total indefinite-lived intangible assets

628,156

Total intangible assets, net

$

662,998

Schedule of estimated intangible amortization expense

The estimated amortization expense with respect to intangibles for the next five years is as follows:

Year Ending January 31,

    

Amortization Expense

(In thousands)

2025

$

5,106

2026

3,984

2027

3,578

2028

3,264

2029

3,274

Schedule of changes in amounts of goodwill

There was no goodwill recognized during the year ended January 31, 2024. Changes in the amounts of goodwill for the year ended January 31, 2023 is summarized by reportable segment as follows (in thousands):

  

Wholesale

    

Retail

    

Total

January 31, 2022

$

262,527

$

$

262,527

Acquisition of Karl Lagerfeld

84,336

84,336

Acquisition of other foreign business

3,523

3,523

Impairment

(347,172)

(347,172)

Currency translation

(3,214)

(3,214)

January 31, 2023

$

$

$