Net Revenues

9 Months Ended

Aug. 23, 2020

Revenue from Contract with Customer [Abstract]

Net Revenues

NET REVENUES

Disaggregated Revenue

The table below provides the Company's revenues disaggregated by segment and channel.

	Three Months Ended August 23, 2020 (1)
	Americas		Europe		Asia		Total
	(Dollars in thousands)
Net revenues by channel:
Wholesale	$	404,529	$	222,777	$	41,484	$	668,790
Direct-to-consumer	145,269		167,596		81,430		394,295
Total net revenues	$	549,798	$	390,373	$	122,914	$	1,063,085

	Nine Months Ended August 23, 2020 (1)
	Americas		Europe		Asia		Total
	(Dollars in thousands)
Net revenues by channel:
Wholesale	$	1,071,835	$	569,918	$	204,087	$	1,845,840
Direct-to-consumer	506,271		462,421		252,221		1,220,913
Total net revenues	$	1,578,106	$	1,032,339	$	456,308	$	3,066,753

_____________

(1)For the three-month and nine-month periods ended August 23, 2020, net revenues from both channels were adversely impacted by temporary store closures and reduced traffic and consumer demand as a result of the COVID-19 pandemic, with the majority of the impact occurring in the second quarter when the majority of company-operated and wholesale customer doors were temporarily closed. See Note 1 for more information.

	Three Months Ended August 25, 2019
	Americas		Europe		Asia		Total
	(Dollars in thousands)
Net revenues by channel:
Wholesale	$	548,214	$	272,484	$	122,114	$	942,812
Direct-to-consumer	222,603		190,774		90,892		504,269
Total net revenues	$	770,817	$	463,258	$	213,006	$	1,447,081

	Nine Months Ended August 25, 2019
	Americas		Europe		Asia		Total
	(Dollars in thousands)
Net revenues by channel:
Wholesale	$	1,519,973	$	733,397	$	370,425	$	2,623,795
Direct-to-consumer	660,806		592,906		316,972		1,570,684
Total net revenues	$	2,180,779	$	1,326,303	$	687,397	$	4,194,479

The Company did not have any material contract assets or contract liabilities recorded in the consolidated balance sheets as of August 23, 2020 and November 24, 2019