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Segment Information
6 Months Ended
Jul. 29, 2023
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company’s businesses are grouped into five reportable segments for management and internal financial reporting purposes: Europe, Americas Retail, Americas Wholesale, Asia and Licensing. The Company’s Europe, Americas Retail, Americas Wholesale and Licensing reportable segments are the same as their respective operating segments. Certain components of the Company’s Asia operating segment are separate operating segments based on region, which have been aggregated into the Asia reportable segment for disclosure purposes.
Management evaluates segment performance based primarily on revenues and earnings (loss) from operations before corporate performance-based compensation costs, asset impairment charges, net gains (losses) on lease modifications, restructuring charges and certain non-recurring credits (charges), if any. The Company believes this segment reporting reflects how its business segments are managed and how each segment’s performance is evaluated by the Company’s chief operating decision maker to assess performance and make resource allocation decisions.
Net revenue and earnings (loss) from operations are summarized (in thousands):
 Three Months EndedSix Months Ended
 Jul 29, 2023Jul 30, 2022Jul 29, 2023Jul 30, 2022
Net revenue:  
Europe$366,311 $336,707 $646,509 $612,716 
Americas Retail167,568 181,655 311,112 348,140 
Americas Wholesale43,680 50,195 95,073 118,552 
Asia58,937 49,365 129,712 105,587 
Licensing28,016 24,768 51,904 51,168 
Total net revenue$664,512 $642,690 $1,234,310 $1,236,163 
Earnings (loss) from operations:  
Europe$47,196 $34,538 $48,789 $52,428 
Americas Retail15,261 23,921 11,974 38,187 
Americas Wholesale11,065 11,442 24,158 28,839 
Asia(539)(3,300)3,291 (6,787)
Licensing26,354 21,206 48,649 45,650 
Total segment earnings from operations99,337 87,807 136,861 158,317 
Corporate overhead(34,546)(33,349)(71,058)(66,541)
Asset impairment charges1
(2,622)(1,919)(4,556)(3,463)
Net gains on lease modifications2
2,431 907 2,431 1,508 
Total earnings from operations$64,600 $53,446 $63,678 $89,821 
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Notes:
1During the three and six months ended July 29, 2023 and July 30, 2022, the Company recognized asset impairment charges related primarily to impairment of property and equipment and operating right-of-use assets related to certain retail locations resulting from under-performance and expected store closures. Refer to Note 2 and Note 15 for more information regarding these asset impairment charges.
2During the three and six months ended July 29, 2023 and July 30, 2022, the Company recorded net gains on lease modifications related primarily to the early termination of certain lease agreements.
The below presents information regarding geographic areas in which the Company operated. Net revenue is classified primarily based on the country where the Company’s customer is located (in thousands):
 Three Months EndedSix Months Ended
 Jul 29, 2023Jul 30, 2022Jul 29, 2023Jul 30, 2022
Net revenue:  
U.S.$145,181 $159,134 $279,133 $328,261 
Italy81,290 72,695 141,660 129,061 
South Korea34,901 28,125 82,490 64,009 
Germany47,960 49,063 80,324 84,904 
Canada37,636 43,982 70,210 84,560 
Spain40,119 36,674 69,355 66,787 
Other countries249,409 228,249 459,234 427,413 
Total product sales636,496 617,922 1,182,406 1,184,995 
Net royalties28,016 24,768 51,904 51,168 
Net revenue$664,512 $642,690 $1,234,310 $1,236,163 
Due to the seasonal nature of the Company’s business segments, the above net revenue and operating results are not necessarily indicative of the results that may be expected for the full fiscal year.