Segment Information (Tables)

12 Months Ended

Feb. 03, 2024

Segment Reporting [Abstract]

Summary of net revenue, earnings (loss) from operations and capital expenditures by segment

Segment information is summarized as follows (in thousands):

	Year Ended
	Feb 3, 20241		Jan 28, 20231		Jan 29, 20221
Net revenue:
Europe	$	1,475,604	$	1,380,790	$	1,297,550
Americas Retail	710,908		758,100		759,117
Americas Wholesale	199,903		206,208		201,202
Asia	276,867		238,815		237,053
Licensing	113,248		103,437		96,709
Total net revenue	$	2,776,530	$	2,687,350	$	2,591,631
Earnings (loss) from operations:
Europe	$	171,726	$	159,629	$	174,860
Americas Retail	56,829		87,184		124,902
Americas Wholesale	54,403		46,266		53,731
Asia	7,897		(4,811)		(4,114)
Licensing	105,649		92,117		88,136
Total segment earnings from operations	396,504		380,385		437,515
Corporate overhead	(128,002)		(124,935)		(129,588)
Asset impairment charges2	(6,887)		(9,544)		(3,149)
Net gains on lease modifications3	1,662		2,267		259
Total earnings from operations	$	263,277	$	248,173	$	305,037
Capital expenditures:
Europe	$	38,153	$	51,265	$	47,034
Americas Retail	20,429		23,149		7,152
Americas Wholesale	600		4,039		1,024
Asia	4,616		3,932		4,337
Corporate overhead	10,409		7,118		3,974
Total capital expenditures	$	74,207	$	89,503	$	63,521

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1The Company operates on a 52/53-week fiscal year calendar, which ends on the Saturday nearest to January 31 of each year. The results for fiscal 2024 included the impact of an additional week which occurred during the fourth quarter ended February 3, 2024.

2During fiscal 2024, fiscal 2023 and fiscal 2022, the Company recognized asset impairment charges related primarily to impairment of property and equipment for certain retail locations resulting from under-performance and expected store closures. Refer to Note 5 for further information.

3During fiscal 2024, fiscal 2023 and fiscal 2022, the Company recorded net gains on lease modifications related primarily to the early termination of certain lease agreements. Refer to Note 1 for more information regarding the net gains on lease modifications.

Summary of net revenue and long-lived assets by country

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 as follows (in thousands):

	Year Ended
	Feb 3, 2024		Jan 28, 2023		Jan 29, 2022
Net product sales:
U.S.	$	617,009	$	673,868	$	722,610
Italy	312,908		289,170		265,106
Germany	198,664		187,888		189,083
South Korea	171,819		140,449		126,563
Spain	161,377		150,045		137,037
Canada	158,521		175,485		150,339
Other foreign countries	1,042,984		967,008		904,184
Total product sales	2,663,282		2,583,913		2,494,922
Net royalties	113,248		103,437		96,709
Net revenue	$	2,776,530	$	2,687,350	$	2,591,631

The Company’s long-lived assets by geographic location are as follows (in thousands):

	Feb 3, 2024		Jan 28, 2023
Long-lived assets:
U.S.	$	259,055	$	232,061
Italy	138,572		140,261
Germany	46,562		48,095
South Korea	14,998		8,174
Spain	104,552		107,859
Canada	28,606		17,315
Other foreign countries	380,452		378,471
Total long-lived assets	$	972,797	$	932,236