0000078239-23-000014 | 10-K | XBRL Viewer

Cost of goods sold (exclusive of depreciation and amortization)

^[1],[2],[3]

$ 9,024.2

$ 9,154.7

$ 7,132.6

3,901.3

3,830.6

3,355.8

Gross profit

5,122.9

5,324.1

3,776.8

Selling, general and administrative expenses

4,377.4

4,453.9

3,983.2

417.1

0.0

933.5

(91.9)

(64.1)

(75.9)

Equity in net income (loss) of unconsolidated affiliates

0.0

(118.9)

3.1

50.4

23.7

(4.6)

Income (loss) before taxes

^[4]

470.7

1,076.9

(1,071.7)

^[5]

Interest expense

89.6

108.6

125.5

Interest income

7.1

4.4

4.2

388.2

972.7

(1,193.0)

Income tax expense (benefit)

187.8

20.7

(55.5)

Net income (loss)

200.4

952.0

(1,137.5)

Less: Net loss attributable to redeemable non-controlling interest

0.0

(0.3)

(1.4)

Net income (loss) attributable to PVH Corp.

$ 200.4

$ 952.3

$ (1,136.1)

Basic net income (loss) per common share attributable to PVH Corp.

$ 3.05

$ 13.45

$ (15.96)

Diluted net income (loss) per common share attributable to PVH Corp.

$ 3.03

$ 13.25

$ (15.96)

Net sales

$ 8,544.9

$ 8,723.7

$ 6,798.7

Royalty revenue

Advertising and other revenue

372.0

340.1

260.4

$ 107.3

$ 90.9

$ 73.5

[1]	No single customer accounted for more than 10% of the Company’s revenue in 2022, 2021 or 2020.
[2]	Revenue in 2020 was significantly negatively impacted by the COVID-19 pandemic, including as a result of reduced traffic and consumer spending trends, and temporary store closures for varying periods of time throughout the year. The Company’s wholesale customers and licensing partners also experienced significant business disruptions as a result of the pandemic, resulting in a decrease in the Company’s revenue from these channels. Revenue in 2021 and 2022 continued to be negatively impacted by the pandemic and related supply chain and logistics disruptions, although to a much lesser extent than in 2020.
[3]	Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.
[4]	Income (loss) before interest and taxes was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.
[5]	Loss before interest and taxes in 2020 was significantly adversely impacted by the COVID-19 pandemic, including as a result of the unprecedented material decline in revenue noted above. As well, loss before interest and taxes in 2020 was significantly adversely impacted by $1.0 billion of noncash impairment charges related to goodwill, tradenames, and other intangible assets, store assets and an equity method investment resulting from the significant adverse impacts of the COVID-19 pandemic on the Company’s business. Please see notes (12), (13) and (14) below for further discussion.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Net income (loss)	$ 200.4	$ 952.0	$ (1,137.5)
Foreign currency translation adjustments	(68.3)	(268.1)	278.5
Net unrealized and realized (loss) gain related to effective cash flow hedges, net of tax	(56.2)	90.7	(63.1)
Net gain (loss) on net investment hedges, net of tax	24.1	83.8	(94.4)
Total other comprehensive (loss) income	(100.4)	(93.6)	121.0
Comprehensive income (loss)	100.0	858.4	(1,016.5)
Less: Comprehensive loss attributable to redeemable non-controlling interest	0.0	(0.3)	(1.4)
Comprehensive income (loss) attributable to PVH Corp.	$ 100.0	$ 858.7	$ (1,015.1)

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners.

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners.

Amount after tax and reclassification adjustments of other comprehensive income (loss).

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The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

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Cash and cash equivalents

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Net unrealized and realized (loss) gain related to effective cash flow hedges, tax (benefit) expense	$ (19.7)	$ 25.0	$ (5.6)
Net gain (loss) on net investment hedges, tax expense (benefit)	$ 6.3	$ 27.5	$ (30.6)

CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions

Jan. 29, 2023

Jan. 30, 2022

Current Assets:

$ 550.7

$ 1,242.5

Trade receivables, net of allowances for credit losses of $42.6 and $61.9

923.7

745.2

Other receivables

21.5

20.1

Inventories, net

1,802.6

1,348.5

Prepaid expenses

209.2

169.0

Other

72.7

128.4

Total Current Assets

3,580.4

3,653.7

Property, Plant and Equipment, net

^[1]

904.0

906.1

Operating Lease Right-of-Use Assets

1,295.7

1,349.0

Goodwill

2,359.0

2,828.9

Tradenames

2,701.1

2,722.9

Other Intangibles, net

548.8

584.1

Other Assets, including deferred taxes of $33.8 and $46.1

379.3

352.1

Total Assets

^[3]

11,768.3

^[2]

12,396.8

Current Liabilities:

Accounts payable

1,327.4

1,220.8

Accrued expenses

874.0

1,100.8

Deferred revenue

54.3

44.9

Current portion of operating lease liabilities

353.7

375.4

Short-term borrowings

46.2

10.8

Current portion of long-term debt

111.9

34.8

Total Current Liabilities

2,767.5

2,787.5

Long-Term Portion of Operating Lease Liabilities

1,140.0

1,214.4

Long-Term Debt

2,177.0

2,317.6

Other Liabilities, including deferred taxes of $357.5 and $373.9

671.1

788.5

Stockholders' Equity:

Preferred stock, par value $100 per share; 150,000 total shares authorized

0.0

Common stock, par value $1 per share; 240,000,000 shares authorized; 87,641,611 and 87,107,155 shares issued

87.6

87.1

Additional paid in capital - common stock

3,244.5

3,198.4

Retained earnings

4,753.1

4,562.8

Accumulated other comprehensive loss

(713.1)

(612.7)

Less: 24,932,374 and 18,572,482 shares of common stock held in treasury, at cost

(2,359.4)

(1,946.8)

Total Stockholders' Equity

5,012.7

5,288.8

Total Liabilities and Stockholders' Equity

$ 11,768.3

$ 12,396.8

[1]	Property, plant and equipment, net included the impact of changes in foreign currency exchange rates.
[2]	Identifiable assets in 2022 included a reduction of $417.1 million related to the noncash goodwill impairment. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion.
[3]	Identifiable assets included the impact of changes in foreign currency exchange rates.

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Jan. 29, 2023	Jan. 30, 2022
Entity Information [Line Items]
Allowance for credit losses on trade receivables	$ 42.6	$ 61.9
Other assets, deferred taxes	33.8	46.1
Other liabilities, deferred taxes	$ 357.5	$ 373.9
Preferred stock, par value (in dollars per share)	$ 100
Preferred stock, shares authorized (in shares)	150,000
Common stock, par value (in dollars per share)	$ 1
Common stock, shares authorized (in shares)	240,000,000
Common stock, shares issued (in shares)	87,641,611	87,107,155
Shares of common stock held in treasury, at cost (in shares)	24,932,374	18,572,482

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions

12 Months Ended

Jan. 29, 2023

Jan. 30, 2022

Jan. 31, 2021

OPERATING ACTIVITIES

Net income (loss)

$ 200.4

$ 952.0

$ (1,137.5)

Adjustments to reconcile to net cash provided by operating activities:

Depreciation and amortization

301.5

313.3

325.8

Equity in net (income) loss of unconsolidated affiliates

(50.4)

(23.7)

4.6

Deferred taxes

^[1]

9.8

(64.9)

(144.7)

Stock-based compensation expense

46.6

46.8

50.5

Impairment of goodwill and other intangible assets

417.1

0.0

933.5

Impairment of other long-lived assets

51.7

47.0

81.9

Actuarial gain on retirement and benefit plans

(78.4)

(48.7)

(64.5)

Changes in operating assets and liabilities:

0.0

(118.9)

3.1

Trade receivables, net

(188.5)

(138.1)

138.4

Other receivables

(1.3)

4.1

1.2

Inventories, net

(466.9)

(33.9)

283.3

Accounts payable, accrued expenses and deferred revenue

(62.6)

260.7

140.9

Prepaid expenses

(41.9)

(20.7)

7.9

Other, net

(97.9)

(103.8)

73.3

Net cash provided by operating activities

^[2]

39.2

1,071.2

697.7

INVESTING ACTIVITIES

Purchases of property, plant and equipment

(290.1)

(267.9)

(226.6)

Investments in unconsolidated affiliates

0.0

(1.6)

Proceeds from sale of the Speedo North America business

0.0

169.1

Proceeds from sale of certain Heritage Brands trademarks and other assets

0.0

222.9

0.0

Proceeds from sale of Karl Lagerfeld investment

19.1

0.0

Purchases of investments held in rabbi trust

(8.6)

0.0

Proceeds from investments held in rabbi trust

1.4

0.0

Net cash used by investing activities

^[3]

(278.2)

(45.0)

(59.1)

FINANCING ACTIVITIES

Net proceeds from (payments on) short-term borrowings

36.6

10.5

(53.6)

Proceeds from 4 5/8% senior notes, net of related fees

0.0

493.8

Proceeds from 3 5/8% senior notes, net of related fees

0.0

185.9

Proceeds from 2022 facilities, net of related fees

456.4

0.0

Repayments of 2019 facilities

(487.8)

(1,051.3)

(14.4)

Net proceeds from settlement of awards under stock plans

0.0

26.7

3.9

Cash dividends

(10.1)

(2.7)

Acquisition of treasury shares

(418.6)

(361.3)

(117.3)

Payments of finance lease liabilities

(4.7)

(5.2)

(5.5)

Payment of mandatorily redeemable noncontrolling interest liability attributable to initial fair value

0.0

(15.2)

(12.7)

Net cash (used) provided by financing activities

^[2],[3]

(428.2)

(1,398.5)

477.4

Effect of exchange rate changes on cash and cash equivalents

(24.6)

(36.6)

32.0

(Decrease) increase in cash and cash equivalents

(691.8)

(408.9)

1,148.0

Cash and cash equivalents at beginning of year

1,242.5

1,651.4

503.4

Cash and cash equivalents at end of year

$ 550.7

$ 1,242.5

$ 1,651.4

[1]	Please see Note 9 for information on deferred taxes.
[2]	Please see Note 16 for lease related cash flow information.
[3]	Please see Note 19 for information on noncash investing and financing transactions.

CONSOLIDATED STATEMENTS OF CASH FLOWS(Parenthetical) $ in Billions	12 Months Ended
	Jan. 31, 2021 USD ($)
Impairment of long-lived assets	$ 1

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($) $ in Millions	Total	Redeemable Non-controlling Interest [Member]	Preferred Stock [Member]	Common Stock [Member]	Additional Paid in Capital - Common Stock [Member]	Retained Earnings [Member]	Retained Earnings [Member] Cumulative Effect, Period of Adoption, Adjustment	Accumulated Other Comprehensive Loss [Member]	Treasury Stock [Member]	Total Stockholders' Equity	Total Stockholders' Equity Cumulative Effect, Period of Adoption, Adjustment
Balance at Feb. 02, 2020		$ (2.0)	$ 0.0	$ 85.9	$ 3,075.4	$ 4,753.0		$ (640.1)	$ (1,462.7)	$ 5,811.5
Balance (Accounting Standards Update 2016-02 [Member]) at Feb. 02, 2020							$ (1.0)				$ (1.0)
Balance (in shares) at Feb. 02, 2020				85,890,276
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss) attributable to PVH Corp.	$ (1,136.1)					(1,136.1)				(1,136.1)
Foreign currency translation adjustments	278.5							278.5		278.5
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, Tax	(5.6)
Net unrealized and realized (loss) gain related to effective cash flow hedges, net of tax	(63.1)							(63.1)		(63.1)
Net gain (loss) on net investment hedges, net of tax	(94.4)							(94.4)		(94.4)
Comprehensive income (loss) attributable to PVH Corp.	$ (1,015.1)									(1,015.1)
Settlement of awards under stock plans (in shares)				402,882
Settlement of awards under stock plans				$ 0.4	3.5					3.9
Stock-based compensation expense					50.5					50.5
Common Stock, Dividends, Per Share, Declared	$ 0.0375
Cash dividends	$ (2.7)					(2.7)				(2.7)
Acquisition of treasury shares during period									(116.8)	(116.8)
Net loss attributable to redeemable non-controlling interest		(1.4)
Balance at Jan. 31, 2021		(3.4)	0.0	$ 86.3	3,129.4	3,613.2		(519.1)	(1,579.5)	4,730.3
Balance (in shares) at Jan. 31, 2021				86,293,158
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss) attributable to PVH Corp.	952.3					952.3				952.3
Foreign currency translation adjustments	(268.1)							(268.1)		(268.1)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, Tax	25.0
Net unrealized and realized (loss) gain related to effective cash flow hedges, net of tax	90.7							90.7		90.7
Net gain (loss) on net investment hedges, net of tax	83.8							83.8		83.8
Comprehensive income (loss) attributable to PVH Corp.	$ 858.7									858.7
Settlement of awards under stock plans (in shares)				813,997
Settlement of awards under stock plans				$ 0.8	25.9					26.7
Stock-based compensation expense					46.8					46.8
Common Stock, Dividends, Per Share, Declared	$ 0.0375
Cash dividends	$ (2.7)					(2.7)				(2.7)
Acquisition of treasury shares during period									(367.3)	(367.3)
Net loss attributable to redeemable non-controlling interest		(0.3)
Change in the economic interests of redeemable non-controlling interest		3.7			(3.7)					(3.7)
Balance at Jan. 30, 2022	$ 5,288.8	0.0	0.0	$ 87.1	3,198.4	4,562.8		(612.7)	(1,946.8)	5,288.8
Balance (in shares) at Jan. 30, 2022	87,107,155			87,107,155
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss) attributable to PVH Corp.	$ 200.4					200.4				200.4
Foreign currency translation adjustments	(68.3)							(68.3)		(68.3)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, Tax	(19.7)
Net unrealized and realized (loss) gain related to effective cash flow hedges, net of tax	(56.2)							(56.2)		(56.2)
Net gain (loss) on net investment hedges, net of tax	24.1							24.1		24.1
Comprehensive income (loss) attributable to PVH Corp.	$ 100.0									100.0
Settlement of awards under stock plans (in shares)				534,456
Settlement of awards under stock plans				$ 0.5	(0.5)					0.0
Stock-based compensation expense					46.6					46.6
Common Stock, Dividends, Per Share, Declared	$ 0.15
Cash dividends	$ (10.1)					(10.1)				(10.1)
Acquisition of treasury shares during period									(412.6)	(412.6)
Balance at Jan. 29, 2023	$ 5,012.7	$ 0.0	$ 0.0	$ 87.6	$ 3,244.5	$ 4,753.1		$ (713.1)	$ (2,359.4)	$ 5,012.7
Balance (in shares) at Jan. 29, 2023	87,641,611			87,641,611

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Net gain (loss) on net investment hedges, tax expense (benefit)	$ 6.3	$ 27.5	$ (30.6)
Stock Repurchase Program, Number of Shares Repurchased	6,359,892	3,438,819	1,536,550

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Jan. 29, 2023
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Description of Business — PVH Corp. and its consolidated subsidiaries (collectively, the “Company”) constitute a global apparel company with a brand portfolio that includes TOMMY HILFIGER, Calvin Klein, Warner’s, Olga, and True&Co., which are owned, Van Heusen, IZOD, ARROW, and Geoffrey Beene, which the Company owned through the second quarter of 2021 and now licenses back for certain product categories, and other owned and licensed brands. The Company designs and markets branded sportswear (casual apparel), jeanswear, performance apparel, intimate apparel, underwear, swimwear, dress shirts, neckwear, handbags, accessories, footwear and other related products and licenses its owned brands globally over a broad array of product categories and for use in numerous discrete jurisdictions. The Company entered into a definitive agreement during the second quarter of 2021 to sell certain of its heritage brands trademarks, including Van Heusen, IZOD, ARROW and Geoffrey Beene, as well as certain related inventories of its Heritage Brands business, to Authentic Brands Group (“ABG”) and other parties (the “Heritage Brands transaction”). The Company completed the sale on the first day of the third quarter of 2021. Please see Note 3, “Acquisitions and Divestitures,” for further discussion. The Company also licensed Speedo for North America and the Caribbean until April 6, 2020, on which date the Company sold its Speedo North America business to Pentland Group PLC (“Pentland”), the parent company of the Speedo brand (the “Speedo transaction”). Upon the closing of the transaction, the Company deconsolidated the net assets of the Speedo North America business and no longer licensed the Speedo trademark. Please see Note 3, “Acquisitions and Divestitures,” for further discussion. Principles of Consolidation — The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) and include the accounts of the Company. Intercompany accounts and transactions have been eliminated in consolidation. Investments in entities that the Company does not control but has the ability to exercise significant influence over are accounted for using the equity method of accounting. The Company’s Consolidated Statements of Operations include its proportionate share of the net income or loss of these entities. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion. The Company and Arvind Limited (“Arvind”) formed a joint venture in Ethiopia (“PVH Ethiopia”), in which the Company held an initial economic interest of 75%, with Arvind’s 25% interest accounted for as a redeemable non-controlling interest (“RNCI”). The Company consolidated the results of PVH Ethiopia in its consolidated financial statements. The Company closed in the fourth quarter of 2021 the manufacturing facility that was PVH Ethiopia’s sole operation. The closure did not have a material impact on the Company’s consolidated financial statements. Please see Note 6, “Redeemable Non-Controlling Interest,” for further discussion. Fiscal Year — The Company uses a 52-53 week fiscal year ending on the Sunday closest to February 1. References to a year are to the Company’s fiscal year, unless the context requires otherwise. Results for 2022, 2021 and 2020 represent the 52 weeks ended January 29, 2023, January 30, 2022 and January 31, 2021, respectively. War in Ukraine — As a result of the war in Ukraine, the Company announced in March 2022 that it was temporarily closing stores and pausing commercial activities in Russia and Belarus. In the second quarter of 2022, the Company made the decision to exit from its Russia business, including the closure of its retail stores in Russia and the cessation of its wholesale operations in Russia and Belarus. Additionally, while the Company has no direct operations in Ukraine, virtually all of its wholesale customers and franchisees in Ukraine were impacted during 2022, which resulted in a reduction in shipments to these customers and canceled orders. Approximately 2% of the Company’s revenue in 2021 was generated in Russia, Belarus and Ukraine. The war also has led to broader macroeconomic implications, including the weakening of the euro against the United States dollar, increases in fuel prices and volatility in the financial markets, as well as a decline in consumer spending. The Company assessed the impacts of the war in Ukraine on the estimates and assumptions used in preparing these consolidated financial statements, including, but not limited to, the allowance for credit losses, inventory reserves, and carrying values of long-lived assets. Based on these assessments, the Company recorded pre-tax noncash impairment charges related to long-lived assets of $43.6 million during 2022. Please see Note 11, “Fair Value Measurements,” for further discussion of the impairments. There is significant uncertainty regarding the extent to which the war and its broader macroeconomic implications, including the potential impacts on the broader European market, will further impact the Company’s business, financial condition and results of operations in 2023. COVID-19 Pandemic — The COVID-19 pandemic has had a significant impact on the Company’s business, results of operations, financial condition and cash flows from operations. •Virtually all of the Company’s stores were temporarily closed for varying periods of time throughout the first quarter and into the second quarter of 2020. Most stores reopened in June 2020 but operated at significantly reduced capacity. The Company’s stores in Europe and North America continued to face significant pressure throughout 2020 as a result of the pandemic, with the majority of its stores in Europe and Canada closed during the fourth quarter. •The Company’s stores continued to be impacted during 2021 by the pandemic, including temporary closures of its stores in Europe, Canada, Japan, Australia and China for varying periods. Further, a significant percentage of the Company’s stores globally were operating on reduced hours during the fourth quarter of 2021 as a result of increased levels of associate absenteeism due to the pandemic. •COVID-related pressures continued into 2022, although to a much lesser extent than in 2021 in all regions except China. Strict lockdowns in China resulted in extensive temporary store closures and significant reductions in consumer traffic and purchasing, as well as have impacted certain warehouses, which resulted in the temporary pause of deliveries to the Company’s wholesale customers and from its digital commerce business in the first half of 2022. COVID-related restrictions in China were lifted at the end of the fourth quarter of 2022. •In addition, the Company’s North America stores have been challenged by the significant decrease in international tourists coming to the United States since the onset of the pandemic. Stores located in international tourist destinations have historically represented a significant portion of this business. The Company’s brick and mortar wholesale customers and its licensing partners also have experienced significant business disruptions as a result of the pandemic, with several of the Company’s North America wholesale customers filing for bankruptcy in 2020. The Company’s wholesale customers and franchisees globally generally have experienced temporary store closures and operating restrictions and obstacles in the same countries and at the same times as the Company. In addition, the pandemic has impacted the Company’s supply chain partners, including third party manufacturers, logistics providers and other vendors, as well as the supply chains of its licensees. These supply chains have experienced disruptions as a result of closed factories or factories operating with a reduced workforce, or other logistics constraints, including vessel, container and other transportation shortages, labor shortages and port congestion due to the impact of the pandemic, beginning in the third quarter of 2021. These impacts significantly improved in the second half of 2022. The Company assessed the impacts of the pandemic on the estimates and assumptions used in preparing these consolidated financial statements, including, but not limited to, the allowance for credit losses, inventory reserves, carrying values of goodwill, intangible assets and other long-lived assets, and the effectiveness of hedging instruments. Based on these assessments, the Company recorded pre-tax noncash impairment charges of $1.021 billion during 2020, including $879.0 million related to goodwill, $54.5 million related to other intangible assets, $74.7 million related to store assets and $12.3 million related to an equity method investment. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion of the impairments related to goodwill and other intangible assets, Note 11, “Fair Value Measurements,” for further discussion of the impairments related to store assets and Note 5, “Investments in Unconsolidated Affiliates,” for further discussion of the impairment related to an equity method investment. Use of Estimates — The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ materially from the estimates due to risks and uncertainties, including the impacts of inflationary pressures globally and the war in Ukraine and its broader macroeconomic implications, on the Company’s business. Cash and Cash Equivalents — The Company considers all highly liquid investments with original maturities of three months or less when purchased to be cash equivalents. Cash equivalents also includes amounts due from third party credit card processors for the settlement of customer debit and credit card transactions that are collectible in one week or less. The Company’s cash and cash equivalents at January 29, 2023 consisted principally of bank deposits and investments in money market funds. Accounts Receivable — Trade receivables, as presented in the Company’s Consolidated Balance Sheets, are net of allowances. Costs associated with allowable customer markdowns and operational chargebacks, net of the expected recoveries, are part of the provision for allowances included in accounts receivable. These provisions result from seasonal negotiations, historical experience, and an evaluation of current market conditions. The Company records an allowance for credit losses as a reduction to its trade receivables for amounts that the Company does not expect to recover. An allowance for credit losses is determined through an analysis of the aging of accounts receivable and assessments of collectability based on historical trends, the financial condition of the Company’s customers and licensees, including any known or anticipated bankruptcies, and an evaluation of current economic conditions as well as the Company’s expectations of conditions in the future. The Company writes off uncollectible trade receivables once collection efforts have been exhausted and third parties confirm the balance is not recoverable. As of January 29, 2023 and January 30, 2022, the allowance for credit losses on trade receivables was $42.6 million and $61.9 million, respectively. Goodwill and Other Intangible Assets — The Company assesses the recoverability of goodwill annually, at the beginning of the third quarter of each fiscal year, and between annual tests if an event occurs or circumstances change that would indicate that it is more likely than not that the carrying amount may be impaired. Impairment testing for goodwill is done at the reporting unit level. A reporting unit is defined as an operating segment or one level below the operating segment, called a component. However, two or more components of an operating segment will be aggregated and deemed a single reporting unit if the components have similar economic characteristics. The Company assesses qualitative factors to determine whether it is necessary to perform a more detailed quantitative goodwill impairment test. The Company may elect to bypass the qualitative assessment and proceed directly to the quantitative test for any reporting unit. When performing the quantitative test, an impairment loss is recognized if the carrying amount of the reporting unit, including goodwill, exceeds its fair value (the fair value of a reporting unit is estimated using a discounted cash flow model). The impairment loss recognized is equal to the amount by which the carrying amount exceeds the fair value, but is limited to the total amount of goodwill allocated to that reporting unit. The Company recorded pre-tax noncash goodwill impairment charges of $417.1 million in the third quarter of 2022 as a result of its annual goodwill impairment test. The impairment charge was included in goodwill and other intangible asset impairments in the Company’s Consolidated Statement of Operations. The impairment was non-operational and driven by a significant increase in discount rates, as a result of the then-current economic conditions. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion. The Company determined in the first quarter of 2020 that the significant adverse impact of the COVID-19 pandemic on the Company’s business, including an unprecedented material decline in revenue and earnings and an extended decline in the Company’s stock price and associated market capitalization, was a triggering event that required the Company to perform a quantitative interim goodwill impairment test. The Company recorded $879.0 million of noncash goodwill impairment charges in 2020, which was included in goodwill and other intangible asset impairments in the Company’s Consolidated Statement of Operations. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion. The Company did not record any goodwill impairments in 2021. Indefinite-lived intangible assets not subject to amortization are tested for impairment annually, at the beginning of the third quarter of each fiscal year, and between annual tests if an event occurs or circumstances change that would indicate that it is more likely than not that the carrying amount may be impaired. Indefinite-lived intangible assets and intangible assets with finite lives are tested for impairment prior to assessing the recoverability of goodwill. The Company assesses qualitative factors to determine whether it is necessary to perform a more detailed quantitative impairment test for its indefinite-lived intangible assets. The Company may elect to bypass the qualitative assessment and proceed directly to the quantitative impairment test. When performing the quantitative test, an impairment loss is recognized if the carrying amount of the asset exceeds the fair value of the asset, which is generally determined using the estimated discounted cash flows associated with the asset’s use. Intangible assets with finite lives are amortized over their estimated useful lives and are tested for impairment along with other long-lived assets when events and circumstances indicate that the assets might be impaired. The Company also determined in the first quarter of 2020 that the impact of the COVID-19 pandemic on its business was a triggering event that prompted the need to perform interim impairment testing of its intangible assets. The Company recorded $47.2 million of noncash impairment charges related to indefinite-lived intangible assets and $7.3 million of noncash impairment charges related to finite-lived intangible assets in 2020, which were included in goodwill and other intangible asset impairments in the Company’s Consolidated Statement of Operations. The Company did not record any intangible asset impairments in 2022 or 2021. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion. Asset Impairments — The Company reviews for impairment of long-lived assets (excluding goodwill and other indefinite-lived intangible assets) when events and circumstances indicate that the assets might be impaired. The Company records an impairment loss when the carrying amount of the asset is not recoverable and exceeds its fair value. Please see Note 11, “Fair Value Measurements,” for further discussion. Inventories — Inventories are comprised principally of finished goods and are stated at the lower of cost or net realizable value, except for certain retail inventories in North America that are stated at the lower of cost or market using the retail inventory method. Cost for all wholesale inventories in North America and certain wholesale and retail inventories in Asia is determined using the first-in, first-out method. Cost for all other inventories is determined using the weighted average cost method. The Company reviews current business trends and forecasts, inventory aging and discontinued merchandise categories to determine adjustments that it estimates will be needed to liquidate existing clearance inventories and record inventories at either the lower of cost or net realizable value or the lower of cost or market using the retail inventory method, as applicable. Property, Plant and Equipment — Property, plant and equipment is stated at cost less accumulated depreciation. Depreciation is generally provided over the estimated useful lives of the related assets on a straight-line basis. The range of useful lives is principally as follows: Buildings and building improvements — 15 to 40 years; machinery, software and equipment — 2 to 10 years; furniture and fixtures — 2 to 10 years; and fixtures located in shop-in-shop/concession locations and their related costs — 3 to 4 years. Leasehold improvements are depreciated using the straight-line method over the lesser of the term of the related lease or the estimated useful life of the asset. Major additions and improvements that extend the useful life of the asset are capitalized, and repairs and maintenance are charged to operations in the period incurred. Depreciation expense totaled $255.4 million, $266.6 million and $280.8 million in 2022, 2021 and 2020, respectively. Cloud Computing Arrangements — The Company incurs costs to implement cloud computing arrangements that are hosted by a third party vendor. Implementation costs incurred during the application development stage of a project are capitalized and amortized over the term of the hosting arrangement on a straight-line basis. The Company capitalized $30.1 million and $18.0 million of costs incurred in 2022 and 2021, respectively, to implement cloud computing arrangements, primarily related to digital and consumer data platforms. Amortization expense relating to cloud computing arrangements totaled $10.6 million, $6.2 million and $4.4 million in 2022, 2021 and 2020, respectively. Cloud computing costs of $51.5 million and $32.7 million were included in prepaid expenses and other assets in the Company’s Consolidated Balance Sheets as of January 29, 2023 and January 30, 2022, respectively. Leases — The Company leases approximately 1,500 Company-operated free-standing retail store locations across more than 35 countries, generally with initial lease terms of three to ten years. The Company also leases warehouses, distribution centers, showrooms and office space, generally with initial lease terms of ten to 20 years, as well as certain equipment and other assets, generally with initial lease terms of one to five years. The Company recognizes right-of-use assets and lease liabilities at the lease commencement date based on the present value of fixed lease payments over the expected lease term. The Company uses its incremental borrowing rates to determine the present value of fixed lease payments based on the information available at the lease commencement date, as the rate implicit in the lease is not readily determinable for the Company’s leases. The Company’s incremental borrowing rates are based on the term of the lease, the economic environment of the lease, and the effect of collateralization. Certain leases include one or more renewal options, generally for the same period as the initial term of the lease. The exercise of lease renewal options is generally at the Company’s sole discretion and, as such, the Company typically determines that exercise of these renewal options is not reasonably certain until executed. As a result, the Company does not include the renewal option period in the expected lease term and the associated lease payments are not included in the measurement of the right-of-use asset and lease liability. Certain leases also contain termination options with an associated penalty. Generally, the Company is reasonably certain not to exercise these options and as such, they are not included in the determination of the expected lease term. Operating leases are included in operating lease right-of-use assets, current portion of operating lease liabilities and long-term portion of operating lease liabilities in the Company’s Consolidated Balance Sheets. The Company recognizes operating lease expense on a straight-line basis over the lease term. Finance leases are included in property, plant and equipment, net, accrued expenses and other liabilities in the Company’s Consolidated Balance Sheets. Leases with an initial lease term of 12 months or less are not recorded on the balance sheet. The Company recognizes lease expense for these leases on a straight-line basis over the lease term. Leases generally provide for payments of nonlease components, such as common area maintenance, real estate taxes and other costs associated with the leased property. For lease agreements entered into or modified after February 3, 2019, the Company accounts for lease components and nonlease components together as a single lease component and, as such, includes fixed payments of nonlease components in the measurement of the right-of-use assets and lease liabilities. Variable lease payments, such as percentage rentals based on location sales, periodic adjustments for inflation, reimbursement of real estate taxes, any variable common area maintenance and any other variable costs associated with the leased property are expensed as incurred as variable lease costs and are not recorded on the Company’s Consolidated Balance Sheets. The Company’s lease agreements do not contain any material residual value guarantees or material restrictions or covenants. Please see Note 16, “Leases,” for further discussion. Revenue Recognition — Revenue is recognized upon the transfer of control of products or services to the Company’s customers in an amount that reflects the consideration to which it expects to be entitled in exchange for those products or services. Please see Note 2, “Revenue,” for further discussion. Cost of Goods Sold and Selling, General and Administrative Expenses — Costs associated with the production and procurement of product are included in cost of goods sold, including inbound freight costs, purchasing and receiving costs, inspection costs and other product procurement related charges, as well as the amounts recognized on foreign currency forward exchange contracts as the underlying inventory hedged by such forward exchange contracts is sold. Generally, all other expenses, excluding non-service related pension and post retirement (income) costs, interest expense (income) and income taxes, are included in selling, general and administrative (“SG&A”) expenses, including warehousing and distribution expenses, as the predominant expenses associated therewith are general and administrative in nature, including rent, utilities, payroll and depreciation and amortization. Warehousing and distribution expenses, which are subject to exchange rate fluctuations, totaled $357.9 million, $332.4 million and $288.9 million in 2022, 2021 and 2020, respectively. Shipping and Handling Fees — Shipping and handling fees that are billed to customers are included in net sales. Shipping and handling costs incurred by the Company are accounted for as fulfillment activities and are recorded in SG&A expenses. Advertising — Advertising costs are expensed as incurred and are included in SG&A expenses. Advertising expenses, which are subject to exchange rate fluctuations, totaled $492.1 million, $535.8 million and $379.0 million in 2022, 2021 and 2020, respectively. Prepaid advertising expenses recorded in prepaid expenses and other assets totaled $2.0 million and $5.2 million at January 29, 2023 and January 30, 2022, respectively. Costs associated with cooperative advertising programs, under which the Company shares the cost of a customer’s advertising expenditures, are treated as a reduction of revenue. Sales Taxes — The Company accounts for sales taxes and other related taxes on a net basis, excluding such taxes from revenue. Income Taxes — Deferred tax assets and liabilities are recognized for temporary differences between the tax bases of assets and liabilities and their reported amounts in the consolidated financial statements. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply in the periods in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the period that includes the enactment date. Valuation allowances are established when necessary to reduce deferred tax assets to the amounts more likely than not to be realized. Significant judgment is required in assessing the timing and amount of deductible and taxable items, evaluating tax positions and determining the income tax provision. The Company recognizes income tax benefits only when it is more likely than not that the tax position will be fully sustained upon review by taxing authorities, including resolution of related appeals or litigation processes, if any. If the recognition threshold is met, the Company measures the tax benefit at the largest amount with a greater than 50 percent likelihood of being realized upon ultimate settlement. For tax positions that are 50 percent or less likely of being sustained upon audit, the Company does not recognize any portion of that benefit in the financial statements. When the outcome of these tax matters changes, the change in estimate impacts the provision for income taxes in the period that such a determination is made. The Company recognizes interest and penalties related to unrecognized tax benefits in the Company’s income tax provision. The Company elected to recognize the tax on Global Intangible Low Taxed Income (“GILTI”) as a period expense in the year the tax is incurred. Financial Instruments — The Company has exposure to changes in foreign currency exchange rates related to anticipated cash flows associated with certain international inventory purchases. The Company uses foreign currency forward exchange contracts to hedge against a portion of this exposure. The Company also has exposure to interest rate volatility related to its senior unsecured term loan facility, and previously had exposure to interest rate volatility related to its prior senior unsecured term loan facilities, which borrowings bear interest at a rate equal to an applicable margin plus a variable rate. The Company had used interest rate swap agreements to hedge against a portion of its exposure related to the term loans previously outstanding under its prior senior unsecured credit facilities. The Company records the foreign currency forward exchange contracts and interest rate swap agreements at fair value in its Consolidated Balance Sheets and does not net the related assets and liabilities. The fair value of the foreign currency forward exchange contracts is measured as the total amount of currency to be purchased, multiplied by the difference between (i) the forward rate as of the period end and (ii) the settlement rate specified in each contract. The fair value of the interest rate swap agreements is based on observable interest rate yield curves and represents the expected discounted cash flows underlying the financial instruments. Changes in fair value of the foreign currency forward exchange contracts primarily associated with certain international inventory purchases and the interest rate swap agreements that are designated as effective hedging instruments (collectively referred to as “cash flow hedges”) are recorded in equity as a component of accumulated other comprehensive loss (“AOCL”). The Company also has exposure to changes in foreign currency exchange rates related to the value of its investments in foreign subsidiaries denominated in a currency other than the United States dollar. To hedge against a portion of this exposure, the Company designates certain foreign currency borrowings issued by PVH Corp., a U.S.-based entity, as net investment hedges of its investments in certain of its foreign subsidiaries that use a functional currency other than the United States dollar. Changes in fair value of the foreign currency borrowings designated as net investment hedges are recorded in equity as a component of AOCL. The Company evaluates the effectiveness of its net investment hedges at inception and at the beginning of each quarter thereafter. The Company records immediately in earnings changes in the fair value of hedges that are not designated as effective hedging instruments (“undesignated contracts”). Undesignated contracts primarily include foreign currency forward exchange contracts related to third party and intercompany transactions, and intercompany loans that are not of a long-term investment nature. Any gains and losses that are immediately recognized in earnings on such contracts are largely offset by the remeasurement of the underlying balances. As a result of the use of derivative instruments, the Company may be exposed to the risk that the counterparties to such contracts will fail to meet their contractual obligations. To mitigate this counterparty credit risk, the Company only enters into contracts with carefully selected financial institutions based upon an evaluation of their credit ratings and certain other financial factors. The Company does not use derivative or non-derivative financial instruments for trading or speculative purposes. Cash flows from the Company’s hedges are presented in the same category in the Company’s Consolidated Statements of Cash Flows as the items being hedged. Please see Note 10, “Derivative Financial Instruments,” for further discussion. Foreign Currency Translation and Transactions — The consolidated financial statements of the Company are prepared in United States dollars. If the functional currency of a foreign subsidiary is not the United States dollar, assets and liabilities are translated to United States dollars at the closing exchange rate in effect at the applicable balance sheet date and revenue and expenses are translated to United States dollars at the average exchange rate for the applicable period. The resulting translation adjustments are included in the Company’s Consolidated Statements of Comprehensive Income (Loss) as a component of other comprehensive (loss) income and in the Consolidated Balance Sheets within AOCL. Gains and losses on the revaluation of intercompany loans made between foreign subsidiaries that are of a long-term investment nature are included in AOCL. Gains and losses arising from transactions denominated in a currency other than the functional currency of a particular entity, not including inventory purchases, are principally included in SG&A expenses and totaled a loss (gain) of $13.1 million, $20.4 million and $(5.6) million in 2022, 2021 and 2020, respectively. Since the first day of the second quarter of 2022, the Company has been accounting for its operations in Turkey as highly inflationary, as the cumulative inflation rate surpassed 100% for the three-year period that ended during the first quarter of 2022. Accordingly, the Company has changed the functional currency of its subsidiary in Turkey from the Turkish lira to the euro, which is the functional currency of its parent. The required remeasurement of monetary assets and liabilities denominated in Turkish lira into euro did not have a material impact on the Company’s results of operations during 2022. As of January 29, 2023, net monetary assets denominated in Turkish lira represented less than 1% of the Company’s total net assets. Balance Sheet Classification of Early Settlements of Long-Term Obligations — The Company classifies obligations settled after the balance sheet date but prior to the issuance of the consolidated financial statements based on the contractual payment terms of the underlying agreements. Pension and Benefit Plans — Employee pension benefits earned during the year, as well as interest on the projected benefit obligations or accumulated benefit obligations, are accrued quarterly. The expected return on plan assets is recognized quarterly and determined at the beginning of the year by applying the expected long-term rate of return on assets to the actual fair value of plan assets adjusted for expected benefit payments, contributions and plan expenses. Actuarial gains and losses are recognized in the Company’s operating results in the year in which they occur. These gains and losses include the difference between the actual return on plan assets and the expected return that was recognized quarterly, as well as the change in the projected benefit obligation caused by actual experience and updated actuarial assumptions differing from those assumptions used to record service and interest cost throughout the year. Actuarial gains and losses are measured at least annually at the end of the Company’s fiscal year and, as such, are generally recorded during the fourth quarter of each year. The service cost component of net benefit cost is recorded in SG&A expenses and the other components of net benefit cost, which typically include interest cost, actuarial (gain) loss and expected return on plan assets, are recorded in non-service related pension and postretirement (income) cost in the Company’s Consolidated Statements of Operations. Please see Note 12, “Retirement and Benefit Plans,” for further discussion of the Company’s pension and benefit plans. Stock-Based Compensation — The Company recognizes all share-based payments to employees and non-employee directors, net of actual forfeitures, as compensation expense in the consolidated financial statements based on their grant date fair values. Please see Note 13, “Stock-Based Compensation,” for further discussion. Recently Adopted Accounting Guidance — The Financial Accounting Standards Board (“FASB”) issued in November 2021 an update to accounting guidance requiring disclosures that increase the transparency of transactions with a government accounted for by applying a grant or contribution accounting model by analogy, including (i) the types of transactions, (ii) the accounting for those transactions, and (iii) the effect of those transactions on an entity’s financial statements. The Company adopted the update in the first quarter of 2022 using the prospective approach. The adoption of the update did not have any impact on the Company’s consolidated financial statements footnote disclosures as the amount of government assistance recorded in the Company’s consolidated financial statements as of and for the year ended January 29, 2023 was immaterial. Accounting Guidance Issued But Not Adopted as of January 29, 2023 — The FASB issued in September 2022 an update to accounting guidance requiring disclosures that increase the transparency surrounding the use of supplier finance programs, including the key terms of the programs, and information about the obligations under these programs, including a rollforward of those obligations. The update does not affect the recognition, measurement, or financial statement presentation of obligations covered by supplier finance programs. The update will be effective for the Company in the first quarter of 2023 on a retrospective basis, except for the requirement to disclose rollforward information, which will be effective for the Company in the first quarter of 2024 on a prospective basis. Early adoption is permitted. The Company is currently evaluating the update to determine the impact the adoption will have on the Company’s consolidated financial statements footnote disclosures related to its supply chain finance program. The FASB issued in October 2021 an update to accounting guidance to improve the accounting for acquired revenue contracts with customers in a business combination by addressing diversity in practice and inconsistency related to their recognition and measurement. The update requires an acquirer to recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with the revenue recognition guidance. This generally will result in the acquirer recognizing contract assets and contract liabilities at the same amounts recorded by the acquiree immediately before the acquisition date. Historically, such amounts were recognized by the acquirer at fair value. The update will be effective for the Company in the first quarter of 2023. The Company will apply the update to applicable transactions occurring on or after the adoption date. The impact on the Company’s consolidated financial statements will depend on the facts and circumstances of any future transactions.

REVENUE

12 Months Ended

Jan. 29, 2023

Revenue from Contract with Customer [Abstract]

REVENUE

REVENUEThe Company generates revenue primarily from sales of finished products under its owned trademarks through its wholesale and retail operations. The Company also generates royalty and advertising revenue from licensing rights to its trademarks to third parties. Revenue is recognized upon the transfer of control of products or services to the Company’s customers in an amount that reflects the consideration to which it expects to be entitled in exchange for those products or services.

Product Sales

The Company generates revenue from the wholesale distribution of its products to traditional retailers (including for sale through their digital commerce sites), pure play digital commerce retailers, franchisees, licensees and distributors. Revenue is recognized upon transfer of control of goods to the customer, which generally occurs when title to goods is passed and risk of loss transfers to the customer. Depending on the contract terms, transfer of control is upon shipment of goods to or upon receipt of goods by the customer. Payment typically is due within 30 to 90 days. The amount of revenue recognized is net of returns, sales allowances and other discounts that the Company offers to its wholesale customers. The Company estimates returns based on an analysis of historical experience and individual customer arrangements and estimates sales allowances and other discounts based on seasonal negotiations, historical experience and an evaluation of current sales trends and market conditions.

The Company also generates revenue from the retail distribution of its products through its freestanding stores, shop-in-shop/concession locations and digital commerce sites. Revenue is recognized at the point of sale in the stores and shop-in-shop/concession locations and upon estimated time of delivery for sales through the Company’s digital commerce sites, at which point control of the products passes to the customer. The amount of revenue recognized is net of returns, which are estimated based on an analysis of historical experience. Costs associated with coupons are recorded as a reduction of revenue at the time of coupon redemption.

The Company excludes from revenue taxes collected from customers and remitted to government authorities related to sales of the Company’s products. Shipping and handling costs that are billed to customers are included in net sales.

Customer Loyalty Programs

The Company uses loyalty programs that offer customers of its retail businesses specified amounts off of future purchases for a specified period of time after certain levels of spending are achieved. Customers that are enrolled in the programs earn loyalty points for each purchase made.

Loyalty points earned under the customer loyalty programs provide the customer a material right to acquire additional products and give rise to the Company having a separate performance obligation. For each transaction where a customer earns loyalty points, the Company allocates revenue between the products purchased and the loyalty points earned based on the relative standalone selling prices. Revenue allocated to loyalty points is recorded as deferred revenue until the loyalty points are redeemed or expire.

Gift Cards

The Company sells gift cards to customers in its retail stores and on certain of its digital commerce sites. The Company does not charge administrative fees on gift cards nor do they expire. Gift card purchases by a customer are prepayments for products to be provided by the Company in the future and are therefore considered to be performance obligations of the Company. Upon the purchase of a gift card by a customer, the Company records deferred revenue for the cash value of the gift card. Deferred revenue is relieved and revenue is recognized when the gift card is redeemed by the customer. The portion of gift cards that the Company does not expect to be redeemed (referred to as “breakage”) is recognized proportionately over the estimated customer redemption period, subject to the constraint that it must be probable that a significant reversal of revenue will not occur, if the Company determines that it does not have a legal obligation to remit the value of such unredeemed gift cards to any jurisdiction.

License Agreements

The Company generates royalty and advertising revenue from licensing the rights to access its trademarks to third parties, including the Company’s joint ventures. The license agreements generally are exclusive to a territory or product category, have terms in excess of one year and, in most cases, include renewal options. In exchange for providing these rights, the license agreements require the licensees to pay the Company a royalty and, in certain agreements, an advertising fee. In both cases, the Company generally receives the greater of (i) a sales-based percentage fee and (ii) a contractual minimum fee for each annual performance period under the license agreement.

In addition to the rights to access its trademarks, the Company provides ongoing support to its licensees over the term of the agreements. As such, the Company’s license agreements are licenses of symbolic intellectual property and, therefore, revenue is recognized over time. For license agreements where the sales-based percentage fee exceeds the contractual minimum fee, the Company recognizes revenues as the licensed products are sold as reported to the Company by its licensees. For license

agreements where the sales-based percentage fee does not exceed the contractual minimum fee, the Company recognizes the contractual minimum fee as revenue ratably over the contractual period.

Under the terms of the license agreements, payments generally are due quarterly from the licensees. The Company records deferred revenue when amounts are received or receivable from the licensee in advance of the recognition of revenue.

As of January 29, 2023, the contractual minimum fees on the portion of all license agreements not yet satisfied totaled $998.5 million, of which the Company expects to recognize $301.4 million as revenue in 2023, $258.6 million in 2024 and $438.5 million thereafter.

Deferred Revenue

Changes in deferred revenue, which primarily relate to customer loyalty programs, gift cards and license agreements for the years ended January 29, 2023 and January 30, 2022, were as follows:


(In millions)	2022		2021
Deferred revenue balance at beginning of period	$	44.9	$	55.8

Net additions to deferred revenue during the period	49.8		42.2
Reductions in deferred revenue for revenue recognized during the period (1)	(40.4)		(51.5)
Reduction in deferred revenue related to the Heritage Brands transaction	—		(1.6)		(2)
Deferred revenue balance at end of period	$	54.3	$	44.9

(1) Represents the amount of revenue recognized during the period that was included in the deferred revenue balance at the beginning of the period and does not contemplate revenue recognized from amounts deferred during the period.

(2) The Company recorded a $1.6 million reduction in deferred revenue in connection with the Heritage Brands transaction. Please see Note 3, “Acquisitions and Divestitures,” for further discussion.

The Company also had long-term deferred revenue liabilities included in other liabilities in its Consolidated Balance Sheets of $12.1 million and $15.0 million as of January 29, 2023 and January 30, 2022, respectively.

Optional Exemptions

The Company elected not to disclose the remaining performance obligations for contracts that have an original expected term of one year or less and expected sales-based percentage fees for the portion of all license agreements not yet satisfied.

Please see Note 20, “Segment Data,” for information on the disaggregation of revenue by segment and distribution channel.

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Property, Plant and Equipment [Abstract]

ACQUISITIONS	12 Months Ended
ACQUISITIONS	Jan. 29, 2023
Business Combinations [Abstract]
ACQUISITIONS AND DIVESTITURES	ACQUISITIONS AND DIVESTITURES Australia Acquisition The Company acquired in 2019 the approximately 78% ownership interest in Gazal Corporation Limited (“Gazal”) that it did not already own (the “Australia acquisition”). Mandatorily Redeemable Non-Controlling Interest Pursuant to the terms of the acquisition agreement, key executives of Gazal and PVH Brands Australia Pty. Limited (“PVH Australia”) exchanged a portion of their interests in Gazal for approximately 6% of the outstanding shares of the Company’s previously wholly owned subsidiary that acquired 100% of the ownership interests in the Australia business. The Company was obligated to purchase this 6% interest within two years of the Australia acquisition closing in two tranches: tranche 1 – 50% of the shares one year after the closing; and tranche 2 – all remaining shares two years after the closing. The Company recognized a liability of $26.2 million for the fair value of the 6% interest on the date of the Australia acquisition, based on exchange rates in effect on that date, which was being accounted for as a mandatorily redeemable non-controlling interest. In subsequent periods, the liability for the mandatorily redeemable non-controlling interest was adjusted each reporting period to its redemption value based on conditions that existed as of each subsequent balance sheet date, provided that the liability could not be adjusted below the amount initially recorded at the acquisition date. The Company recorded any such adjustments to the liability in interest expense in the Company’s Consolidated Statements of Operations. The Company recorded a loss of $4.9 million in interest expense during 2020 in connection with the remeasurement of the mandatorily redeemable non-controlling interest. For the tranche 1 and tranche 2 shares, the measurement periods ended in 2019 and 2020, respectively. The Company paid the management shareholders an aggregate purchase price of $17.3 million for the tranche 1 shares in June 2020 and an aggregate purchase price of $24.4 million for the tranche 2 shares in June 2021 based on exchange rates in effect on the applicable payment dates. The Company presented these payments within the Company’s Consolidated Statements of Cash Flows as follows: (i) $12.7 million and $15.2 million as financing cash flows in 2020 and 2021, respectively, which represented the initial fair values of the liabilities for the tranche 1 and tranche 2 shares, respectively, recognized on the acquisition date, and (ii) $4.6 million and $9.2 million, as operating cash flows in 2020 and 2021, respectively, for the tranche 1 and tranche 2 shares, respectively, attributable to interest. The Company had no remaining liability for the mandatorily redeemable non-controlling interest as of January 30, 2022. Sale of Certain Heritage Brands Trademarks and Other Assets The Company entered into a definitive agreement on June 23, 2021 to sell certain of its heritage brands trademarks, including Van Heusen, IZOD, ARROW and Geoffrey Beene, as well as certain related inventories of its Heritage Brands business, with a net carrying value of $97.8 million, to ABG and other parties for $222.9 million in cash. The Company completed the sale on August 2, 2021 for net proceeds of $216.3 million, after transaction costs. In connection with the closing of the transaction, the Company recorded a pre-tax gain of $118.5 million in the third quarter of 2021, which represented the excess of the amount of consideration received over the net carrying value of the assets, less costs to sell. The gain was recorded in other (gain) loss, net in the Company’s Consolidated Statement of Operations and included in the Heritage Brands Wholesale segment. In connection with the sale, the employment of certain employees based in the United States engaged in the Heritage Brands business was terminated in the third quarter of 2021. However, the Company retained the liability for any deferred vested benefits earned by these employees under its retirement plans. No further benefits were accrued under the plans for these employees and as a result, the Company recognized a gain of $1.8 million in the third quarter of 2021 with a corresponding decrease to its pension benefit obligation. For certain eligible employees affected by the transaction, the Company provided an enhanced retirement benefit and as a result recognized $1.4 million of special termination benefit costs in the third quarter of 2021 with a corresponding increase to its pension benefit obligation. These amounts were included in other (gain) loss, net in the Company’s Consolidated Statement of Operations. Please see Note 12, “Retirement and Benefit Plans,” for further discussion. Sale of the Speedo North America Business The Company entered into a definitive agreement on January 9, 2020 to sell its Speedo North America business to Pentland, the parent company of the Speedo brand, for $170.0 million in cash, which was, at the time, subject to a working capital adjustment. The Company recorded a pre-tax noncash loss of $142.0 million in the fourth quarter of 2019 to reduce the carrying value of the Speedo North America business as of February 2, 2020 to its estimated fair value, less costs to sell. The Company completed the sale of its Speedo North America business on April 6, 2020 for net proceeds of $169.1 million and deconsolidated the net assets of the business. In connection with the closing of the Speedo transaction, the Company recorded a pre-tax noncash loss of $5.9 million in the first quarter of 2020 resulting from the remeasurement of the loss recorded in the fourth quarter of 2019, primarily due to changes to the net assets of the Speedo North America business subsequent to February 2, 2020, based on the terms of the agreement. The loss was recorded in other (gain) loss, net in the Company’s Consolidated Statement of Operations and included in the Heritage Brands Wholesale segment. Upon the closing of the Speedo transaction, employees based in the United States who were engaged primarily in the Speedo North America business terminated their employment with the Company. However, the Company retained the liability for any deferred vested benefits earned by these employees under its retirement plans. No further benefits were to be accrued under the plans and as a result, the Company recognized a gain of $2.8 million in the first quarter of 2020 with a corresponding decrease to its pension benefit obligation. The gain was included in other (gain) loss, net in the Company’s Consolidated Statement of Operations. Please see Note 12, “Retirement and Benefit Plans,” for further discussion.

PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Jan. 29, 2023

PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment, at cost, was as follows:


(In millions)	2022		2021
Land	$	1.0	$	1.0
Buildings and building improvements	30.7		30.6
Machinery, software and equipment	1,093.5		981.9
Furniture and fixtures	588.3		549.0
Shop-in-shops/concession locations	234.0		227.2
Leasehold improvements	768.2		765.1
Construction in progress	88.3		97.3
Property, plant and equipment, gross	2,804.0		2,652.1
Less: Accumulated depreciation	(1,900.0)		(1,746.0)
Property, plant and equipment, net	$	904.0	$	906.1

The increase in machinery, software and equipment in 2022 includes software and other equipment that was placed into service in 2022 in connection with the (i) enhancements to the Company’s warehouse and distribution network in Europe and North America and (ii) investments in (a) upgrades and enhancements to platforms and systems worldwide, including digital commerce platforms, and (b) information technology infrastructure worldwide, including information security. Construction in progress at January 29, 2023 and January 30, 2022 represents costs incurred for machinery, software and equipment, furniture and fixtures, and leasehold improvements not yet placed in use. Construction in progress at January 29, 2023 and January 30, 2022 principally related to (i) enhancements to the Company’s warehouse and distribution network in Europe and North America and (ii) investments in (a) upgrades and enhancements to platforms and systems worldwide and (b) new stores and store renovations. Interest costs capitalized in construction in progress were immaterial during 2022, 2021 and 2020.

INVESTMENTS IN UNCONSOLIDATED AFFILIATES	12 Months Ended
INVESTMENTS IN UNCONSOLIDATED AFFILIATES	Jan. 29, 2023
Equity Method Investments and Joint Ventures [Abstract]
INVESTMENTS IN UNCONSOLIDATED AFFILIATES	INVESTMENTS IN UNCONSOLIDATED AFFILIATES Included in other assets in the Company’s Consolidated Balance Sheets was $190.2 million as of January 29, 2023 and $165.3 million as of January 30, 2022 related to the following investments in unconsolidated affiliates: PVH India The Company held a 50% economic interest in each of the Tommy Hilfiger Arvind Fashion Private Limited (“TH India”) and Calvin Klein Arvind Fashion Private Limited (“CK India”) joint ventures prior to August 15, 2020. These investments were accounted for under the equity method of accounting. TH India and CK India licensed from certain subsidiaries of the Company the rights to the TOMMY HILFIGER and Calvin Klein trademarks, respectively, in India for certain product categories. The Company and Arvind, the Company’s joint venture partner in TH India and CK India, entered into an agreement to merge TH India into CK India, effective August 15, 2020. As a result of the merger, the Company now owns a 50% economic interest in the merged entity, now known as PVH Arvind Fashion Private Limited (“PVH India”), which is being accounted for under the equity method of accounting. There has been no material change to the shareholders’ respective rights or economic interests as a result of the transaction and no consideration was exchanged in the merger. As such, no gain or loss was recorded in connection with the transaction. PVH India licenses from certain Company subsidiaries the rights to the TOMMY HILFIGER and Calvin Klein trademarks in India for certain product categories. PVH Legwear The Company owns a 49% economic interest in PVH Legwear LLC (“PVH Legwear”). PVH Legwear licenses from certain subsidiaries of the Company the rights to distribute and sell in the United States and Canada TOMMY HILFIGER, Calvin Klein, Warner’s and, through the second quarter of 2021, IZOD and Van Heusen socks and hosiery. Following the Heritage Brands transaction, PVH Legwear now licenses from ABG the rights to distribute and sell in these countries IZOD and Van Heusen socks and hosiery. Additionally, PVH Legwear sells socks and hosiery under other owned and licensed trademarks. This investment is being accounted for under the equity method of accounting. The Company received dividends of $6.4 million and $2.0 million from PVH Legwear during 2022 and 2021, respectively. The Company made a payment of $1.6 million to PVH Legwear during 2020 to contribute its share of the joint venture funding. TH Brazil The Company owns an economic interest of approximately 41% in Tommy Hilfiger do Brasil S.A. (“TH Brazil”). TH Brazil licenses from a subsidiary of the Company the rights to the TOMMY HILFIGER trademarks in Brazil for certain product categories. This investment is being accounted for under the equity method of accounting. PVH Mexico The Company and Grupo Axo, S.A.P.I. de C.V. formed a joint venture (“PVH Mexico”) in which the Company owns a 49% economic interest. PVH Mexico licenses from certain subsidiaries of the Company the rights to distribute and sell certain TOMMY HILFIGER, Calvin Klein, Warner’s and Olga brand products in Mexico. Additionally, PVH Mexico licenses certain other trademarks for some product categories. This investment is being accounted for under the equity method of accounting. The Company received dividends of $9.8 million and $16.8 million from PVH Mexico during 2022 and 2021, respectively. Karl Lagerfeld The Company owned an economic interest of approximately 8% in Karl Lagerfeld Holding B.V. (“Karl Lagerfeld”). The Company was deemed to have significant influence with respect to this investment and accounted for the investment under the equity method of accounting prior to the completion of the Karl Lagerfeld transaction (as defined below) on May 31, 2022. The Company completed the sale of its economic interest in Karl Lagerfeld to a subsidiary of G-III Apparel Group, Ltd. (the “Karl Lagerfeld transaction”) on May 31, 2022 for approximately $20.5 million in cash, subject to customary adjustments, of which $19.1 million was received during the second quarter of 2022 and $1.4 million is being held in escrow and subject to exchange rate fluctuation. The carrying value of the Company’s investment in Karl Lagerfeld was $1.0 million immediately prior to the completion of the sale. In connection with the closing of the Karl Lagerfeld transaction, the Company recorded a pre-tax gain of $16.1 million during the second quarter of 2022, which reflected (i) the excess of the proceeds over the carrying value of the Karl Lagerfeld investment, less (ii) $3.4 million of foreign currency translation adjustment losses previously recorded in accumulated other comprehensive loss. The gain was included in equity in net income (loss) of unconsolidated affiliates in the Company’s Consolidated Statement of Operations and recorded in corporate expenses not allocated to any reportable segments, consistent with how the Company has historically recorded its proportionate share of the net income or loss of its investment in Karl Lagerfeld. The Company had previously determined during the first quarter of 2020 that the then-recent and projected business results for Karl Lagerfeld, which included an adverse impact of the COVID-19 pandemic, was an indicator of an other-than-temporary impairment with respect to the Company’s investment in Karl Lagerfeld. The Company calculated the fair value of its investment using future operating cash flow projections that were discounted at a rate of 10.9%, which accounted for the relative risks of the estimated future cash flows. The Company classified this as a Level 3 fair value measurement due to the use of significant unobservable inputs. The Company determined the fair value of its investment was lower than its carrying amount as of May 3, 2020, and as a result recorded a noncash other-than-temporary impairment of $12.3 million during the first quarter of 2020 to fully impair the investment. The impairment was included in equity in net income (loss) of unconsolidated affiliates in the Company’s Consolidated Statement of Operations. The Company recorded the impairment charge in corporate expenses not allocated to any reportable segments, consistent with how it had historically recorded its proportionate share of the net income or loss of its investment in Karl Lagerfeld.

REDEEMABLE NON-CONTROLLING INTEREST	12 Months Ended
REDEEMABLE NON-CONTROLLING INTEREST	Jan. 29, 2023
Redeemable Non-Controlling Interest Disclosure [Abstract]
REDEEMABLE NON-CONTROLLING INTEREST	REDEEMABLE NON-CONTROLLING INTEREST The Company formed PVH Ethiopia during 2016 to operate a manufacturing facility that produced finished products for the Company for distribution primarily in the United States. The Company and its partner held initial economic interests of 75% and 25%, respectively, in PVH Ethiopia, with its partner’s 25% interest accounted for as an RNCI. The Company consolidated the results of PVH Ethiopia in its consolidated financial statements. The capital structure of PVH Ethiopia was amended effective May 31, 2021 and, as a result, the Company solely managed and effectively owned all economic interests in the joint venture. The Company closed in the fourth quarter of 2021 the manufacturing facility that was PVH Ethiopia’s sole operation. The closure did not have a material impact on the Company’s consolidated financial statements. In connection with the amendment of the capital structure of PVH Ethiopia, the Company reclassified the carrying amount of the RNCI as of May 31, 2021 of $(3.7) million to additional paid-in capital. Following this reclassification, the Company stopped attributing any net income or loss in PVH Ethiopia to the redeemable non-controlling interest.

GOODWILL AND OTHER INTANGIBLE ASSETS

12 Months Ended

Jan. 29, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

The changes in the carrying amount of goodwill, by segment (please see Note 20, “Segment Data,” for further discussion of the Company’s reportable segments), were as follows:


(In millions)	Calvin Klein North America		Calvin Klein International		Tommy Hilfiger North America		Tommy Hilfiger International		Heritage Brands Wholesale		Heritage Brands Retail		Total
Balance as of January 31, 2021
Goodwill, gross	$	781.8	$	902.8	$	203.0	$	1,748.0	$	197.7	$	11.9	$	3,845.2
Accumulated impairment losses	(287.3)		(394.0)		—		—		(197.7)		(11.9)		(890.9)
Goodwill, net	494.5		508.8		203.0		1,748.0		—		—		2,954.3
Reduction of goodwill, gross related to the exit from the Heritage Brands Retail business	—		—		—		—		—		(11.9)		(11.9)
Reduction of accumulated impairment losses related to the exit from the Heritage Brands Retail business	—		—		—		—		—		11.9		11.9
Reduction of goodwill, gross related to the Heritage Brands transaction	—		—		—		—		(92.7)		—		(92.7)
Reduction of accumulated impairment losses related to the Heritage Brands transaction	—		—		—		—		92.7		—		92.7
Currency translation	—		(11.3)		—		(114.1)		—		—		(125.4)
Balance as of January 30, 2022
Goodwill, gross	781.8		891.5		203.0		1,633.9		105.0		—		3,615.2
Accumulated impairment losses	(287.3)		(394.0)		—		—		(105.0)		—		(786.3)
Goodwill, net	494.5		497.5		203.0		1,633.9		—		—		2,828.9
Impairment	(162.6)		(77.3)		(177.2)		—		—		—		(417.1)

Currency translation	—		(6.5)		—		(46.3)		—		—		(52.8)
Balance as of January 29, 2023
Goodwill, gross	781.8		885.0		203.0		1,587.6		105.0		—		3,562.4
Accumulated impairment losses	(449.9)		(471.3)		(177.2)		—		(105.0)		—		(1,203.4)
Goodwill, net	$	331.9	$	413.7	$	25.8	$	1,587.6	$	—	$	—	$	2,359.0

As a result of the Company’s 2022 annual impairment test, the Company recorded $417.1 million of noncash impairment charges during the third quarter of 2022. Please see the section “Goodwill and Other Intangible Assets Impairment Testing” below for further discussion.

The Company recorded an $11.9 million reduction to goodwill, gross and a corresponding $11.9 million reduction to accumulated impairment losses in connection with the exit from the Heritage Brands Retail business in 2021. As a result of the exit from the business, the Company’s Heritage Brands Retail segment has ceased operations. Please see Note 17, “Exit Activity Costs,” for further discussion.

The Company recorded a $92.7 million reduction to goodwill, gross and a corresponding $92.7 million reduction to accumulated impairment losses during 2021 in connection with the Heritage Brands transaction. The Company had recorded the accumulated impairment losses as a result of the interim goodwill impairment test performed in the first quarter of 2020 discussed below in the section “Goodwill and Other Intangible Assets Impairment Testing.” Please see Note 3, “Acquisitions and Divestitures,” for further discussion of the Heritage Brands transaction.

The Company’s other intangible assets consisted of the following:


	2022						2021
(In millions)	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Intangible assets subject to amortization:
Customer relationships	$	281.0	$	(248.3)	$	32.7	$	286.0	$	(232.3)	$	53.7

Reacquired license rights	494.3		(199.3)		295.0		506.1		(193.1)		313.0
Total intangible assets subject to amortization	775.3		(447.6)		327.7		792.1		(425.4)		366.7

Indefinite-lived intangible assets:
Tradenames	2,701.1		—		2,701.1		2,722.9		—		2,722.9

Reacquired perpetual license rights	221.1		—		221.1		217.4		—		217.4
Total indefinite-lived intangible assets	2,922.2		—		2,922.2		2,940.3		—		2,940.3
Total other intangible assets	$	3,697.5	$	(447.6)	$	3,249.9	$	3,732.4	$	(425.4)	$	3,307.0

The gross carrying amount and accumulated amortization of certain intangible assets include the impact of changes in foreign currency exchange rates.

Amortization expense related to the Company’s intangible assets subject to amortization was $32.1 million and $34.2 million for 2022 and 2021, respectively.

Assuming constant foreign currency exchange rates and no change in the gross carrying amount of the intangible assets, amortization expense for the next five years related to the Company’s intangible assets subject to amortization as of January 29, 2023 is expected to be as follows:


(In millions)
Fiscal Year	Amount
2023	$	23.6
2024	23.3
2025	17.5
2026	14.6
2027	14.3

Goodwill and Other Intangible Assets Impairment Testing

The Company assesses the recoverability of goodwill and other indefinite-lived intangible assets annually, at the beginning of the third quarter of each fiscal year, and between annual tests if an event occurs or circumstances change that would indicate that it is more likely than not that the carrying amount may be impaired. Intangible assets with finite lives are amortized over their estimated useful life and are tested for impairment, along with other long-lived assets, when events and circumstances indicate that the assets might be impaired. Please see Note 1, “Summary of Significant Accounting Policies,” for discussion of the Company’s goodwill and intangible assets impairment testing process.

Goodwill Impairment Testing

2022 Annual Impairment Test

For the 2022 annual goodwill impairment test performed as of the beginning of the third quarter of 2022, the Company elected to bypass the qualitative assessment and proceeded directly to the quantitative impairment test using a discounted cash flow method to estimate the fair value of its reporting units. In making this election, the Company considered the changes resulting from the then-current macroeconomic environment, in particular the increase in interest rates and the strengthening of the U.S. dollar against most major currencies in which the Company transacts business.

As a result of the Company’s 2022 annual impairment test, the Company recorded $417.1 million of noncash impairment charges during the third quarter of 2022, which were included in goodwill and other intangible asset impairments in the Company’s Consolidated Statement of Operations. The impairments were driven primarily by a significant increase in discount rates. The impairment charges, which related to the Calvin Klein Wholesale North America, Calvin Klein Licensing and Advertising International and Tommy Hilfiger Retail North America reporting units, were recorded to the Company’s segments as follows: $162.6 million in the Calvin Klein North America segment, $77.3 million in the Calvin Klein International segment and $177.2 million in the Tommy Hilfiger North America segment.

Of these reporting units, Calvin Klein Licensing and Advertising International was determined to be partially impaired. The remaining carrying amount of goodwill allocated to this reporting unit as of the date of the test was $41.0 million. Holding all other assumptions constant, a 100 basis point change in the annual revenue growth rate assumption for this business would have resulted in a change to the estimated fair value of the reporting unit of approximately $8 million. Likewise, a 100 basis point change in the weighted average cost of capital would have resulted in a change to the estimated fair value of the reporting unit of approximately $6 million. While the Calvin Klein Licensing and Advertising International reporting unit was not determined to be fully impaired, it may be at risk of further impairment in the future if the related business does not perform as projected, or if market factors utilized in the impairment analysis deteriorate, including an unfavorable change in long-term growth rates or the weighted average cost of capital.

With respect to the Company’s other reporting units that were not determined to be impaired, the Calvin Klein Licensing and Advertising North America reporting unit had an estimated fair value that exceeded its carrying amount of $464.4 million by 9%. The carrying amount of goodwill allocated to this reporting unit as of the date of the test was $330.4 million. Holding all other assumptions constant, a 100 basis point change in the annual revenue growth rate assumption for this business would have resulted in a change to the estimated fair value of the reporting unit of approximately $43 million. Likewise, a 100 basis point change in the weighted average cost of capital would have resulted in a change to the estimated fair value of the reporting unit of approximately $34 million. While the Calvin Klein Licensing and Advertising North America reporting unit was not determined to be impaired, it may be at risk of future impairment if the related business does not perform as projected, or if market factors utilized in the impairment analysis deteriorate, including an unfavorable change in the long-term growth rate or the weighted average cost of capital.

The fair value of the reporting units for goodwill impairment testing was determined using an income approach and validated using a market approach. The income approach was based on discounted projected future (debt-free) cash flows for each reporting unit. The discount rates applied to these cash flows were based on the weighted average cost of capital for each reporting unit, which takes market participant assumptions into consideration, inclusive of a Company-specific 4% risk premium to account for the additional risk of uncertainty perceived by market participants related to the Company’s overall cash flows due to the macroeconomic environment. Estimated future operating cash flows were discounted at rates of 16.0% or 16.5%, depending on the reporting unit, to account for the relative risks of the estimated future cash flows. For the market approach, used to validate the results of the income approach method, the Company used the guideline company method, which analyzes market multiples of adjusted earnings before interest, taxes, depreciation and amortization (“EBITDA”) for a group of comparable public companies. The market multiples used in the valuation are based on the relative strengths and weaknesses of

the reporting unit compared to the selected guideline companies. The Company classified the fair values of its reporting units as Level 3 fair value measurements due to the use of significant unobservable inputs.

There have been no significant events or change in circumstances since the date of the 2022 annual impairment test that would indicate the remaining carrying amount of the Company’s goodwill may be impaired as of January 29, 2023. There continues to be significant uncertainty in the current macroeconomic environment due to inflationary pressures globally, the war in Ukraine and its broader macroeconomic implications, and foreign currency volatility. If market factors utilized in the impairment analysis deteriorate or otherwise vary from current assumptions (including those resulting in changes in the weighted average cost of capital), industry conditions deteriorate, business conditions or strategies for a specific reporting unit change from current assumptions, the Company’s businesses do not perform as projected, or there is an extended period of a significant decline in the Company’s stock price, the Company could incur additional goodwill impairment charges in the future.

2021 Annual Impairment Test

For the 2021 annual goodwill impairment test performed as of the beginning of the third quarter of 2021, the Company elected to perform a qualitative assessment first to determine whether it was more likely than not that the fair value of each reporting unit with allocated goodwill was less than its carrying amount.

The Company assessed relevant events and circumstances, including industry, market and macroeconomic conditions, as well as Company and reporting unit-specific factors. In performing this assessment, the Company considered the results of its quantitative interim goodwill impairment test performed in the first quarter of 2020, discussed below in further detail, and the impact of (i) the weighted average cost of capital for each reporting unit as of the beginning of the third quarter of 2021, which was either favorable to or consistent with the weighted average cost of capital used in the Company’s 2020 interim test, (ii) a favorable change in the Company’s market capitalization and its implied impact on the fair value of the Company’s reporting units subsequent to the 2020 interim test, and (iii) the Company’s recent financial performance and updated financial forecasts, which were consistent with or exceeded the projections used in the Company’s 2020 interim test.

After assessing these events and circumstances, the Company determined that it was not more likely than not that the fair value of each reporting unit with allocated goodwill was less than its carrying amount and concluded that the quantitative goodwill impairment test was not required. No impairment of goodwill resulted from the Company’s annual impairment test in 2021.

2020 Annual Impairment Test

For the 2020 annual goodwill impairment test performed as of the beginning of the third quarter of 2020, the Company elected to perform a qualitative assessment first to determine whether it was more likely than not that the fair value of each reporting unit with allocated goodwill was less than the carrying amount.

The Company assessed relevant events and circumstances, including industry, market and macroeconomic conditions, as well as Company and reporting unit-specific factors. In performing this assessment, the Company considered the results of its quantitative interim goodwill impairment test performed in the first quarter of 2020, discussed below in further detail, and the impact of (i) favorable changes in the weighted average cost of capital subsequent to the 2020 interim test, (ii) a favorable change in the Company’s market capitalization and its implied impact on the fair value of the Company’s reporting units subsequent to the 2020 interim test, and (iii) the Company’s recent financial performance and updated financial forecasts, which were consistent with or exceeded the projections used in the Company’s 2020 interim goodwill impairment test.

2020 Interim Impairment Test

The Company determined in the first quarter of 2020 that the significant adverse impact of the COVID-19 pandemic on the Company’s business, including an unprecedented material decline in revenue and earnings and an extended decline in the Company’s stock price and associated market capitalization, was a triggering event that required the Company to perform a quantitative interim goodwill impairment test. As a result of the interim test performed, the Company recorded $879.0 million of noncash impairment charges in the first quarter of 2020, which were included in goodwill and other intangible asset impairments in the Company’s Consolidated Statement of Operations. The impairment charges, which related to the Heritage Brands Wholesale, Calvin Klein Retail North America, Calvin Klein Wholesale North America, Calvin Klein Licensing and Advertising International, and Calvin Klein International reporting units, were recorded to the Company’s segments as follows: $197.7 million in the Heritage Brands Wholesale segment, $287.3 million in the Calvin Klein North America segment, and $394.0 million in the Calvin Klein International segment.

Of these reporting units, Calvin Klein Wholesale North America, Calvin Klein Licensing and Advertising International, and Calvin Klein International were determined to be partially impaired. The remaining carrying amount of goodwill allocated to these reporting units as of the date of the interim test was $162.3 million, $143.4 million and $346.9 million, respectively. While these reporting units were not determined to be fully impaired in the first quarter of 2020, at the time they were considered to be at risk of further impairment in the future if the related businesses did not perform as projected or if market factors utilized in the impairment analysis deteriorated. As discussed in the 2022 annual impairment test section above, the Company performed a quantitative impairment test for all reporting units in the third quarter of 2022. As a result of this test, the Calvin Klein Wholesale North America reporting unit was determined to be fully impaired and the Calvin Klein Licensing and Advertising International reporting unit was determined to be further partially impaired in the third quarter of 2022. No further impairment was identified for the Calvin Klein International reporting unit and it was no longer considered to be at risk of further impairment in the future.

With respect to the Company’s other reporting units that were not determined to be impaired, the Tommy Hilfiger International reporting unit had an estimated fair value that exceeded its carrying amount, as of the date of the interim test, of $2,948.5 million by 5%. The carrying amount of goodwill allocated to this reporting unit as of the date of the interim test was $1,557.5 million. While the Tommy Hilfiger International reporting unit was not determined to be impaired in the first quarter of 2020, at the time it was considered to be at risk of future impairment if the related business did not perform as projected or if market factors utilized in the impairment analysis deteriorated. As discussed in the 2022 annual impairment test section above, the Company performed a quantitative impairment test for all reporting units in the third quarter of 2022. No impairment was identified relating to the Tommy Hilfiger International reporting unit as a result of this test and it was no longer considered to be at risk of further impairment in the future.

The fair value of the reporting units for goodwill impairment testing was determined using an income approach and validated using a market approach. The income approach was based on discounted projected future (debt-free) cash flows for each reporting unit. The discount rates applied to these cash flows were based on the weighted average cost of capital for each reporting unit, which takes market participant assumptions into consideration. Estimated future operating cash flows used in the interim test were discounted at rates of 10.0%, 10.5% or 11.0%, depending on the reporting unit, to account for the relative risks of the estimated future cash flows. For the market approach, used to validate the results of the income approach method, the Company used both the guideline company and similar transaction methods. The guideline company method analyzes market multiples of revenue and EBITDA for a group of comparable public companies. The market multiples used in the valuation are based on the relative strengths and weaknesses of the reporting unit compared to the selected guideline companies. Under the similar transactions method, valuation multiples are calculated utilizing actual transaction prices and revenue and EBITDA data from target companies deemed similar to the reporting unit. The Company classified the fair values of its reporting units as Level 3 fair value measurements due to the use of significant unobservable inputs.

Indefinite- Lived Intangible Assets Impairment Testing

2022 Annual Impairment Test

For the 2022 annual impairment test of the TOMMY HILFIGER and Calvin Klein tradenames and the reacquired perpetual license rights for TOMMY HILFIGER in India performed as of the beginning of the third quarter of 2022, the Company elected to first assess qualitative factors to determine whether it was more likely than not that the fair value of any asset was less than its carrying amount. For these assets, no impairment was identified as a result of the Company’s most recent quantitative impairment test and the fair values of these indefinite-lived intangible assets substantially exceeded their carrying amounts. The asset with the least excess fair value had an estimated fair value that exceeded its carrying amount by approximately 183% as of

the date of the Company’s most recent quantitative impairment test. The Company assessed relevant events and circumstances, including industry, market and macroeconomic conditions, as well as Company and asset-specific factors, including changes in the weighted average cost of capital for each of its indefinite-lived intangible assets since the date of the most recent quantitative test and the Company’s recent financial performance and updated financial forecasts as compared to those used in the most recent quantitative tests. After assessing these events and circumstances, the Company determined qualitatively that it was not more likely than not that the fair values of these indefinite-lived intangible assets were less than their carrying amounts and concluded that the quantitative impairment test was not required.

For the 2022 annual impairment test of the Warner’s tradename and the reacquired perpetual license rights recorded in connection with the Australia acquisition performed as of the beginning of the third quarter of 2022, the Company elected to bypass the qualitative assessment and proceeded directly to the quantitative impairment test. With regard to the reacquired perpetual license rights, the Company determined that its fair value substantially exceeded its carrying amount and, therefore, the asset was not impaired. The fair value of the Warner’s tradename exceeded its carrying amount of $95.8 million by 4% at the testing date. Holding all other assumptions constant, a 100 basis point change in the annual revenue growth rate of the related business would have resulted in a change to the estimated fair value of the asset of approximately $7 million. Likewise, a 100 basis point change in the weighted average cost of capital would have resulted in a change to the estimated fair value of the asset of approximately $7 million. While the Warner’s tradename was not determined to be impaired, it may be at risk of future impairment if the related business does not perform as projected, or if market factors utilized in the impairment analysis deteriorate, including an unfavorable change in the long-term growth rate or the weighted average cost of capital.

The fair value of the Warner’s tradename was determined using an income-based relief-from-royalty method. Under this method, the value of an asset is estimated based on the hypothetical cost savings that accrue as a result of not having to license the tradename from another party. These cash flows are discounted to present value using a discount rate that factors in the relative risk of the intangible asset. The Company discounted the cash flows used to value the Warner’s tradename at a rate of 16.0%. The fair value of the Company’s reacquired perpetual license rights recorded in connection with the Australia acquisition was determined using an income approach which estimates the net cash flows directly attributable to the subject intangible asset. These cash flows are discounted to present value using a discount rate that factors in the relative risk of the intangible asset. The Company discounted the cash flows used to value the reacquired perpetual license rights recorded in connection with the Australia acquisition at a rate of 19.0%. The Company classified the fair values of these indefinite-lived intangible assets as Level 3 fair value measurements due to the use of significant unobservable inputs.

There have been no significant events or change in circumstances since the date of the 2022 annual impairment test that would indicate the remaining carrying amount of the Company’s indefinite-lived intangible assets may be impaired as of January 29, 2023. There continues to be significant uncertainty in the current macroeconomic environment due to inflationary pressures globally, the war in Ukraine and its broader macroeconomic implications, and foreign currency volatility. If market factors utilized in the impairment analysis deteriorate or otherwise vary from current assumptions (including those resulting in changes in the weighted average cost of capital), industry conditions deteriorate, business conditions or strategies change from current assumptions, or the Company’s businesses do not perform as projected, the Company could incur additional indefinite-lived intangible asset impairment charges in the future.

2021 Annual Impairment Test

For the 2021 annual indefinite-lived intangible assets impairment test performed as of the beginning of the third quarter of 2021, the Company elected to assess qualitative factors first to determine whether it was more likely than not that the fair value of any asset was less than its carrying amount.

The Company assessed relevant events and circumstances, including industry, market and macroeconomic conditions, as well as Company and asset-specific factors. In performing this assessment, the Company considered the results of its interim impairment testing performed in the first quarter of 2020, discussed below in further detail, and the impact of (i) the weighted average cost of capital for each of its indefinite-lived intangible assets as of the beginning of the third quarter of 2021, which was either favorable to or consistent with the weighted average cost of capital used in the Company’s 2020 interim test and (ii) the Company’s recent financial performance and updated financial forecasts, which were consistent with or exceeded the projections used in the Company’s 2020 interim test.

After assessing these events and circumstances, the Company determined that it was not more likely than not that the fair value of its indefinite-lived intangible assets were less than their carrying amounts and concluded that a quantitative impairment test was not required. No impairment of indefinite-lived intangible assets resulted from the Company’s annual impairment test in 2021.

2020 Annual Impairment Test

For the 2020 annual indefinite-lived intangible assets impairment test performed as of the beginning of the third quarter of 2020, the Company elected to assess qualitative factors first to determine whether it was more likely than not that the fair value of any asset was less than its carrying amount.

The Company assessed relevant events and circumstances, including industry, market and macroeconomic conditions, as well as Company and asset-specific factors. In performing this assessment, the Company considered the results of its interim impairment testing performed in the first quarter of 2020, discussed below in further detail, and the impact of (i) favorable changes in the weighted average cost of capital subsequent to the interim test and (ii) the Company’s recent financial performance and updated financial forecasts, which were consistent with or exceeded the projections used in the Company’s 2020 interim test.

2020 Interim Impairment Test

The Company determined in the first quarter of 2020 that the impact of the COVID-19 pandemic on its business was a triggering event that prompted the need to perform interim impairment testing of its indefinite-lived intangible assets. For the TOMMY HILFIGER, Calvin Klein, and Warner’s tradenames, our then-owned Van Heusen tradename and the reacquired perpetual license rights for TOMMY HILFIGER in India, the Company elected to first assess qualitative factors to determine whether it was more likely than not that the fair value of any asset was less than its carrying amount. For these assets, no impairment was identified as a result of the Company’s prior annual indefinite-lived intangible asset impairment test in 2019 and the fair values of these indefinite-lived intangible assets substantially exceeded their carrying amounts. The asset with the least excess fair value had an estimated fair value that exceeded its carrying amount by approximately 85% as of the date of the Company’s 2019 annual test. Considering this and other factors, the Company determined qualitatively that it was not more likely than not that the fair values of these indefinite-lived intangible assets were less than their carrying amounts and concluded that the quantitative impairment test in the first quarter of 2020 was not required.

For the then-owned ARROW and Geoffrey Beene tradenames and the reacquired perpetual license rights recorded in connection with the Australia acquisition, the Company elected to bypass the qualitative assessment and proceeded directly to the quantitative impairment test. As a result of this quantitative interim impairment testing, the Company recorded $47.2 million of noncash impairment charges in the first quarter of 2020 to write down the two tradenames. This included $35.6 million to write down the ARROW tradename, which had a carrying amount as of the date of the interim test of $78.9 million, to a fair value of $43.3 million, and $11.6 million to write down the Geoffrey Beene tradename, which had a carrying amount of $17.0 million, to a fair value of $5.4 million. The $47.2 million of impairment charges recorded in the first quarter of 2020 was included in goodwill and other intangible asset impairments in the Company’s Consolidated Statement of Operations and allocated to the Company’s Heritage Brands Wholesale segment. The Van Heusen, ARROW and Geoffrey Beene tradenames were subsequently sold in the third quarter of 2021 in connection with the Heritage Brands transaction. Please see Note 3, “Acquisitions and Divestitures,” for further discussion of the Heritage Brands transaction.

With regard to the reacquired perpetual license rights recorded in connection with the Australia acquisition, the Company determined in the first quarter of 2020 that its fair value substantially exceeded its carrying amount and, therefore, the asset was not impaired.

The fair value of the ARROW and Geoffrey Beene tradenames was determined using an income-based relief-from-royalty method. Under this method, the value of an asset is estimated based on the hypothetical cost savings that accrue as a result of not having to license the tradename from another party. These cash flows are discounted to present value using a discount rate that factors in the relative risk of the intangible asset. The Company discounted the cash flows used to value the ARROW and Geoffrey Beene tradenames at a rate of 10.0%. The fair value of the Company’s reacquired perpetual license rights recorded in connection with the Australia acquisition was determined using an income approach, which estimates the net cash flows directly attributable to the subject intangible asset. These cash flows are discounted to present value using a discount rate that factors in the relative risk of the intangible asset. The Company discounted the cash flows used to value the reacquired perpetual license rights recorded in connection with the Australia acquisition at a rate of 10.0%. The Company classified the

fair values of these indefinite-lived intangible assets as Level 3 fair value measurements due to the use of significant unobservable inputs.

Finite-Lived Intangible Assets Impairment

The Company determined in the first quarter of 2020 that the impact of the pandemic on its business was also a triggering event that prompted the need to perform an impairment test of its finite-lived intangible assets. As a result of the test performed, the Company recorded $7.3 million of noncash impairment charges in the first quarter of 2020 to write down certain finite-lived customer relationship intangible assets to a fair value of zero. These impairments were included in goodwill and other intangible asset impairments in the Company’s Consolidated Statement of Operations and allocated to the Company’s segments as follows: $4.7 million in the Heritage Brands Wholesale segment and $2.6 million in the Calvin Klein North America segment.

There have been no significant events or change in circumstances since the first quarter of 2020 that would indicate the remaining carrying amount of the Company’s finite-lived intangible assets may be impaired as of January 29, 2023. There continues to be significant uncertainty in the current macroeconomic environment due to inflationary pressures globally, the war in Ukraine and its broader macroeconomic implications, and foreign currency volatility. If market factors utilized in the impairment analysis deteriorate or otherwise vary from current assumptions (including those resulting in changes in the weighted average cost of capital), industry conditions deteriorate, business conditions or strategies change from current assumptions, or the Company’s businesses do not perform as projected, the Company could incur additional finite-lived intangible asset impairment charges in the future.

DEBT

12 Months Ended

Jan. 29, 2023

Debt Disclosure [Abstract]

DEBT

Short-Term Borrowings

The Company has the ability to draw revolving borrowings under the senior unsecured credit facilities discussed below in the section entitled “2022 Senior Unsecured Credit Facilities.” The Company had no borrowings outstanding under these facilities as of January 29, 2023. The Company had no borrowings outstanding under its prior senior unsecured credit facilities as of January 30, 2022 as discussed in the section entitled “2019 Senior Unsecured Credit Facilities” below.

Additionally, the Company has the ability to borrow under short-term lines of credit, overdraft facilities and short-term revolving credit facilities denominated in various foreign currencies. These facilities provided for borrowings of up to $198.8 million based on exchange rates in effect on January 29, 2023 and are utilized primarily to fund working capital needs. The Company had $46.2 million and $10.8 million outstanding under these facilities as of January 29, 2023 and January 30, 2022, respectively. The weighted average interest rate on funds borrowed as of January 29, 2023 and January 30, 2022 was 2.31% and 0.17%, respectively. The maximum amount of borrowings outstanding under these facilities during 2022 was $49.4 million.

Commercial Paper

The Company has the ability to issue, from time to time, unsecured commercial paper notes with maturities that vary but do not exceed 397 days from the date of issuance primarily to fund working capital needs. The Company had no borrowings outstanding under the commercial paper note program as of January 29, 2023 and January 30, 2022. The maximum amount of borrowings outstanding under the program during 2022 was $130.0 million.

The commercial paper note program allows for borrowings of up to $1,150.0 million to the extent that the Company has borrowing capacity under the multicurrency revolving credit facility included in the 2022 facilities (as defined below). Accordingly, the combined aggregate amount of (i) borrowings outstanding under the commercial paper note program and (ii) the revolving borrowings outstanding under the multicurrency revolving credit facility at any one time cannot exceed $1,150.0 million.

2021 Unsecured Revolving Credit Facility

On April 28, 2021, the Company replaced its 364-day $275.0 million United States dollar-denominated unsecured revolving credit facility, which matured on April 7, 2021 (the “2020 facility”), with a 364-day $275.0 million United States dollar-denominated unsecured revolving credit facility (the “2021 facility”). The 2021 facility matured on April 27, 2022. The Company paid $0.8 million and $2.0 million of debt issuance costs in connection with the 2021 facility and 2020 facility, respectively, which were amortized over the term of the respective debt agreements. The Company had no borrowings outstanding under these facilities in 2021 or in 2022 prior to maturity on April 27, 2022.

Long-Term Debt

The carrying amounts of the Company’s long-term debt were as follows:


(In millions)	2022		2021

Senior unsecured Term Loan A facility due 2027 (1)(2)	$	476.6	$	—
Senior unsecured Term Loan A facility due 2024 (2)	—		513.5

7 3/4% debentures due 2023	99.9		99.8
3 5/8% senior unsecured euro notes due 2024 (2)	568.1		580.8
4 5/8% senior unsecured notes due 2025	497.0		495.7
3 1/8% senior unsecured euro notes due 2027 (2)	647.3		662.6
Total	2,288.9		2,352.4
Less: Current portion of long-term debt	111.9		34.8
Long-term debt	$	2,177.0	$	2,317.6

(1) The outstanding principal balance for the euro-denominated Term Loan A facility was €440.6 million as of January 29, 2023.

(2) The carrying amount of the euro-denominated Term Loan A facilities and the senior unsecured euro notes includes the impact of changes in the exchange rate of the United States dollar against the euro.

Please see Note 11, “Fair Value Measurements,” for the fair value of the Company’s long-term debt as of January 29, 2023 and January 30, 2022.

The Company’s mandatory long-term debt repayments for the next five years were as follows as of January 29, 2023:


(In millions)
Fiscal Year	Amount (1)
2023	$	112.0
2024	582.4
2025	512.0
2026	12.0
2027	1,082.8

(1) A portion of the Company’s mandatory long-term debt repayments is denominated in euros and subject to changes in the exchange rate of the United States dollar against the euro.

Total debt repayments for the next five years exceed the total carrying amount of the Company’s debt as of January 29, 2023 because the carrying amount reflects the unamortized portions of debt issuance costs and the original issue discounts.

As of January 29, 2023, approximately 80% of the Company’s long-term debt had fixed interest rates, with the remainder at variable interest rates.

2022 Senior Unsecured Credit Facilities

On December 9, 2022 (the “Closing Date”), the Company entered into new senior unsecured credit facilities (the “2022 facilities”), the proceeds of which, along with cash on hand, were used to repay all of the outstanding borrowings under the 2019 facilities (as defined below), as well as the related debt issuance costs.

The 2022 facilities consist of (a) a €440.6 million euro-denominated Term Loan A facility (the “Euro TLA facility”), (b) a $1,150.0 million United States dollar-denominated multicurrency revolving credit facility (the “multicurrency revolving credit facility”), which is available in (i) United States dollars, (ii) Australian dollars (limited to A$50.0 million), (iii) Canadian dollars (limited to C$70.0 million), or (iv) euros, yen, pounds sterling, Swiss francs or other agreed foreign currencies (limited to €250.0 million), and (c) a $50.0 million United States dollar-denominated revolving credit facility available in United States dollars or Hong Kong dollars (together with the multicurrency revolving credit facility, the “revolving credit facilities”). The 2022 facilities are due on December 9, 2027. In connection with the refinancing in 2022 of the 2019 facilities (as defined below), the Company paid debt issuance costs of $8.9 million (of which $1.4 million was expensed as debt modification costs and $7.5 million is being amortized over the term of the 2022 facilities) and recorded debt extinguishment costs of $1.3 million to write off previously capitalized debt issuance costs.

The multicurrency revolving credit facility also includes amounts available for letters of credit and has a portion available for the making of swingline loans. The issuance of such letters of credit and the making of any swingline loan reduces the amount available under the multicurrency revolving credit facility. So long as certain conditions are satisfied, the Company may add one or more senior unsecured term loan facilities or increase the commitments under the revolving credit facilities by an aggregate amount not to exceed $1,500.0 million. The lenders under the 2022 facilities are not required to provide commitments with respect to such additional facilities or increased commitments.

The Company had loans outstanding of $476.6 million, net of debt issuance costs and based on applicable exchange rates, under the Euro TLA facility and no borrowings outstanding under the 2022 senior unsecured revolving credit facilities as of January 29, 2023.

The terms of the Euro TLA facility require the Company to make quarterly repayments of amounts outstanding, commencing with the calendar quarter ending March 31, 2023. Such required repayment amounts equal 2.50% per annum of the principal amount outstanding on the Closing Date, paid in equal installments and subject to certain customary adjustments, with the balance due on the maturity date of the Euro TLA facility. The outstanding borrowings under the 2022 facilities are prepayable at any time without penalty (other than customary breakage costs). Any voluntary repayments made by the Company would reduce the future required repayment amounts.

The Company made no payments on its term loan under the 2022 facilities during 2022. The Company made payments of $487.8 million on its term loans under the 2019 facilities during 2022, which included $22.5 million of mandatory payments and the $465.3 million repayment of the 2019 facilities in connection with the refinancing of the senior credit facilities. The Company made payments of $1,051.3 million on its term loans under the 2019 facilities during 2021, which included the repayment of the outstanding principal balance under its United States dollar-denominated Term Loan A facility (the “USD TLA facility”). The Company made payments of $14.4 million on its term loans under the 2019 facilities during 2020.

The euro-denominated borrowings under the Euro TLA facility and multicurrency revolving credit facility bear interest at a rate per annum equal to a euro interbank offered rate (“EURIBOR”) and the euro-denominated swing line borrowings under the 2022 facilities bear interest at a rate per annum equal to an adjusted daily simple euro short term rate (“ESTR”), calculated in a manner set forth in the 2022 facilities, plus in each case an applicable margin.

The United States dollar-denominated borrowings under the 2022 facilities bear interest at a rate per annum equal to, at the Company’s option, either a base rate or an adjusted term secured overnight financing rate (“SOFR”), calculated in a manner set forth in the 2022 facilities, plus an applicable margin.

The borrowings denominated in other foreign currencies under the 2022 facilities bear interest at various indexed rates specified in the 2022 facilities and are calculated in a manner set forth in the 2022 facilities, plus an applicable margin.

The current applicable margin with respect to the Euro TLA Facility as of January 29, 2023 was 1.250%. The current applicable margin with respect to the revolving credit facilities as of January 29, 2023 was 0.125% for loans bearing interest at the base rate, Canadian prime rate or daily simple ESTR rate and 1.125% for loans bearing interest at the EURIBOR rate or any other rate specified in the 2022 facilities. The applicable margin for borrowings under the Euro TLA facility and each revolving

credit facility is subject to adjustment (i) after the date of delivery of the compliance certificate and financial statements, with respect to each of the Company’s fiscal quarters, based upon the Company’s net leverage ratio or (ii) after the date of delivery of notice of a change in the Company’s public debt rating by Standard & Poor’s or Moody’s.

The 2022 facilities contain customary events of default, including but not limited to nonpayment; material inaccuracy of representations and warranties; violations of covenants; certain bankruptcies and liquidations; cross-default to material indebtedness; certain material judgments; certain events related to the Employee Retirement Income Security Act of 1974, as amended; and a change in control (as defined in the 2022 facilities).

The 2022 facilities require the Company to comply with customary affirmative, negative and financial covenants, including a maximum net leverage ratio. A breach of any of these operating or financial covenants would result in a default under the 2022 facilities. If an event of default occurs and is continuing, the lenders could elect to declare all amounts then outstanding, together with accrued interest, to be immediately due and payable, which would result in acceleration of the Company’s other debt.

2019 Senior Unsecured Credit Facilities

On April 29, 2019, the Company entered into senior unsecured credit facilities (as amended, the “2019 facilities”). The Company replaced the 2019 facilities with the 2022 facilities. The 2019 facilities consisted of a €500.0 million euro-denominated Term Loan A facility, of which €440.6 million was outstanding as of the date it was replaced, and senior unsecured revolving credit facilities consisting of (i) a $675.0 million United States dollar-denominated revolving credit facility, (ii) a C$70.0 million Canadian dollar-denominated revolving credit facility available in United States dollars or Canadian dollars, (iii) a €200.0 million euro-denominated revolving credit facility available in euro, Australian dollars and other agreed foreign currencies and (iv) a $50.0 million United States dollar-denominated revolving credit facility available in United States dollars or Hong Kong dollars. The 2019 facilities had also previously included a $1,093.2 million USD TLA facility. The Company repaid the remaining principal balance of $1,029.6 million under its USD TLA facility in 2021.

The Company had entered into interest rate swap agreements designed with the intended effect of converting notional amounts of its variable rate debt obligation under the 2019 facilities to fixed rate debt. Under the terms of the agreements, for any outstanding notional amount, the Company’s exposure to fluctuations in the one-month LIBOR was eliminated and the Company paid a fixed rate plus the current applicable margin. The following interest rate swap agreements were entered into or in effect during 2021 and 2020 (no interest rate swap agreements were entered into or in effect during 2022):


(In millions)
Designation Date	Commencement Date	Initial Notional Amount		Notional Amount Outstanding as of January 29, 2023			Fixed Rate	Expiration Date
March 2020	February 2021	$	50.0	$	—	(1)	0.562%	February 2023
February 2020	February 2021	50.0		—		(1)	1.1625%	February 2023
February 2020	February 2020	50.0		—		(1)	1.2575%	February 2023
August 2019	February 2020	50.0		—		(1)	1.1975%	February 2022
June 2019	February 2020	50.0		—		(1)	1.409%	February 2022
June 2019	June 2019	50.0		—			1.719%	July 2021
January 2019	February 2020	50.0		—			2.4187%	February 2021
November 2018	February 2019	139.2		—			2.8645%	February 2021
October 2018	February 2019	115.7		—			2.9975%	February 2021
June 2018	August 2018	50.0		—			2.6825%	February 2021

(1) The Company terminated in 2021 the interest rate swap agreements due to expire in February 2022 and February 2023 in connection with the early repayment of the outstanding principal balance under its USD TLA facility.

The 2019 facilities also required the Company to comply with customary affirmative, negative and financial covenants, including a minimum interest coverage ratio and a maximum net leverage ratio. Given the disruption to the Company’s business caused by the COVID-19 pandemic and to ensure financial flexibility, the Company amended the 2019 facilities in June 2020 to provide temporary relief of certain financial covenants until the date on which a compliance certificate was

delivered for the second quarter of 2021 (the “relief period”) unless the Company elected earlier to terminate the relief period and satisfied the conditions for doing so (the “June 2020 Amendment”). The June 2020 Amendment provided for the following during the relief period, among other things, the (i) suspension of compliance with the maximum net leverage ratio through and including the first quarter of 2021, (ii) suspension of the minimum interest coverage ratio through and including the first quarter of 2021, (iii) addition of a minimum liquidity covenant of $400.0 million, (iv) addition of a restricted payment covenant and (v) imposition of stricter limitations on the incurrence of indebtedness and liens. The limitation on restricted payments required that the Company suspend payments of dividends on its common stock and purchases of shares under its stock repurchase program during the relief period. The June 2020 Amendment also provided that during the relief period the applicable margin would be increased 0.25%. The Company terminated early, effective June 10, 2021, this temporary relief period and, as a result, the various provisions in the June 2020 Amendment described above were no longer in effect.

7 3/4% Debentures Due 2023

The Company has outstanding $100.0 million of debentures due November 15, 2023 that accrue interest at the rate of 7 3/4%. Pursuant to the indenture governing the debentures, the Company must maintain a certain level of stockholders’ equity in order to pay cash dividends and make other restricted payments, as defined in the indenture governing the debentures. The debentures are not redeemable at the Company’s option prior to maturity.

The 7 3/4% debentures due 2023 include a “negative lien” covenant that generally requires the debentures to be secured on an equal and ratable basis with secured indebtedness of the Company, as well as limits the Company’s ability to engage in sale/leaseback transactions.

3 5/8% Euro Senior Notes Due 2024

The Company has outstanding €525.0 million principal amount of 3 5/8% senior notes due July 15, 2024, of which €175.0 million principal amount was issued on April 24, 2020. Interest on the notes is payable in euros. The Company paid €2.8 million ($3.0 million based on exchange rates in effect on the payment date) of fees in connection with the issuance of the additional €175.0 million notes, which are being amortized over the term of the notes. The Company may redeem some or all of these notes at any time prior to April 15, 2024 by paying a “make whole” premium plus any accrued and unpaid interest. In addition, the Company may redeem some or all of these notes on or after April 15, 2024 at their principal amount plus any accrued and unpaid interest.

The Company’s ability to create liens on the Company’s assets or engage in sale/leaseback transactions is restricted as defined in the indenture governing the notes.

4 5/8% Senior Notes Due 2025

The Company issued on July 10, 2020, $500.0 million principal amount of 4 5/8% senior notes due July 10, 2025. The interest rate payable on the notes is subject to adjustment if either Standard & Poor’s or Moody’s, or any substitute rating agency, as defined in the indenture governing the notes, downgrades the credit rating assigned to the notes. The Company paid $6.2 million of fees in connection with the issuance of the notes, which are being amortized over the term of the notes. The Company may redeem some or all of these notes at any time prior to June 10, 2025 by paying a “make whole” premium plus any accrued and unpaid interest. In addition, the Company may redeem some or all of these notes on or after June 10, 2025 at their principal amount plus any accrued and unpaid interest.

The Company’s ability to create liens on the Company’s assets or engage in sale/leaseback transactions is restricted as defined in the indenture governing the notes.

3 1/8% Euro Senior Notes Due 2027

The Company has outstanding €600.0 million principal amount of 3 1/8% senior notes due December 15, 2027. Interest on the notes is payable in euros. The Company may redeem some or all of these notes at any time prior to September 15, 2027 by paying a “make whole” premium plus any accrued and unpaid interest. In addition, the Company may redeem some or all of these notes on or after September 15, 2027 at their principal amount plus any accrued and unpaid interest.

The Company’s ability to create liens on the Company’s assets or engage in sale/leaseback transactions is restricted as defined in the indenture governing the notes.

As of January 29, 2023, the Company was in compliance with all applicable financial and non-financial covenants under its financing arrangements.

The Company also has standby letters of credit primarily to collateralize the Company’s insurance and lease obligations. The Company had $74.2 million of these standby letters of credit outstanding as of January 29, 2023.

Interest paid was $82.1 million, $96.8 million and $111.2 million during 2022, 2021 and 2020, respectively.

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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INCOME TAXES

12 Months Ended

Jan. 29, 2023

Income Tax Disclosure [Abstract]

INCOME TAXES

The domestic and foreign components of income (loss) before income taxes were as follows:


(In millions)	2022		2021		2020
Domestic	$	(404.9)	$	(120.3)	$	(1,248.7)
Foreign	793.1		1,093.0		55.7
Total	$	388.2	$	972.7	$	(1,193.0)

The income before income taxes in 2022 includes a $417.1 million noncash goodwill impairment recorded in conjunction with the Company’s annual goodwill impairment testing. The (loss) before income taxes in 2020 was due to the significant adverse impacts of the COVID-19 pandemic on the Company’s business, including $1,027.7 million of noncash impairment charges.

Taxes paid were $254.5 million, $155.4 million and $130.7 million in 2022, 2021 and 2020, respectively.

The provision (benefit) for income taxes attributable to income (loss) consisted of the following:


(In millions)	2022		2021			2020
Federal:
Current	$	(6.9)	$	(87.7)		$	(22.2)
Deferred	(5.1)		(51.4)		(1)	(103.5)
State and local:
Current	(6.2)		19.6			3.1
Deferred	0.8		(21.7)			(19.0)
Foreign:
Current	191.1		153.7			108.3
Deferred	14.1		8.2		(2)	(22.2)		(3)
Total	$	187.8	$	20.7		$	(55.5)

(1) Includes a $106.3 million benefit related to a tax accounting method change made in conjunction with the Company’s 2020 U.S. federal income tax return that provides additional tax benefits to the foreign components of the federal income tax provision.

(2) Includes a $32.3 million benefit related to the remeasurement of certain net deferred tax assets in connection with the expiration of the special tax rates at the end of 2021.

(3) Includes a $33.1 million expense related to the remeasurement of certain net deferred tax liabilities in connection with the enactment of legislation in the Netherlands known as the “2021 Dutch Tax Plan,” which became effective on January 1, 2021.

The provision (benefit) for income taxes for the years 2022, 2021 and 2020 was different from the amount computed by applying the statutory United States federal income tax rate to the underlying income (loss) as follows:


	2022		2021		2020
Statutory federal income tax rate	21.0	%	21.0	%	21.0	%
State and local income taxes, net of federal income tax benefit	1.1	%	(0.1)	%	1.7	%
Effects of international jurisdictions, including foreign tax credits	1.6	%	(8.0)	%	(2.2)	%

Change in estimates for uncertain tax positions	(2.2)	%	(9.7)	%	2.1	%
Change in valuation allowance	1.2	%	0.7	%	0.9	%
Tax accounting method change	—	%	(10.9)	%	—	%

Tax on foreign earnings (GILTI and FDII)	1.2	%	7.6	%	(5.9)	%
Goodwill impairment	22.3	%	—	%	(13.3)	%
Excess tax expense (benefits) related to stock-based compensation	0.5	%	—	%	(0.4)	%
Other, net	1.7	%	1.5	%	0.8	%
Effective income tax rate	48.4	%	2.1	%	4.7	%

The Company files income tax returns in more than 40 international jurisdictions each year. A substantial amount of the Company’s earnings are in international jurisdictions, particularly the Netherlands and Hong Kong SAR, where income tax rates, when coupled with special rates levied on income from certain of the Company’s jurisdictional activities, have historically been lower than the United States statutory income tax rate. The benefit of special rates, which expired at the end of 2021, are reflected above in Effects of international jurisdictions, including foreign tax credits.

On August 16, 2022, the U.S. government enacted the Inflation Reduction Act, with tax provisions primarily focused on implementing a 15% corporate minimum tax based on global adjusted financial statement income and a 1% excise tax on share repurchases. The corporate minimum tax will be effective in fiscal 2023 and the excise tax was effective January 1, 2023. Based on the Company’s current analysis, it does not expect the new law to have a material impact on its consolidated financial statements.

The United States government enacted the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) on March 27, 2020, which included various income tax provisions aimed at providing economic relief. The Company had a slight favorable cash flow impact as a result of the deferral of income tax payments under the CARES Act in 2020.

The components of deferred income tax assets and liabilities were as follows:


(In millions)	2022		2021
Gross deferred tax assets
Tax loss and credit carryforwards	$	143.6	$	131.7
Operating lease liabilities	378.9		401.5
Employee compensation and benefits	59.9		111.8
Inventories	44.6		42.6
Accounts receivable	12.9		24.2
Accrued expenses	15.4		18.2
Property, plant and equipment	242.3		208.4
Other, net	17.2		—
Subtotal	914.8		938.4
Valuation allowances	(72.9)		(69.3)
Total gross deferred tax assets, net of valuation allowances	$	841.9	$	869.1
Gross deferred tax liabilities
Intangibles	$	(807.1)	$	(828.8)
Operating lease right-of-use assets	(340.0)		(352.8)
Derivative financial instruments	(18.5)		(11.1)
Other, net	—		(4.2)
Total gross deferred tax liabilities	$	(1,165.6)	$	(1,196.9)
Net deferred tax liability	$	(323.7)	$	(327.8)

At the end of 2022, the Company had on a tax-effected basis approximately $173.0 million of net operating loss and tax credit carryforwards available to offset future taxable income in various jurisdictions. The carryforwards expire principally between 2023 and 2042.

The Company’s intent is to reinvest indefinitely substantially all of its historical foreign earnings outside of the United States. However, if the Company decides at a later date to repatriate these earnings to the United States, the Company may be required to accrue and pay additional taxes, including any applicable foreign withholding tax and United States state income taxes. It is not practicable to estimate the amount of tax that might be payable if these earnings were repatriated due to the complexities associated with the hypothetical calculation.

Uncertain tax positions activity for each of the last three years was as follows:


(In millions)	2022		2021		2020
Balance at beginning of year	$	127.8	$	210.7	$	219.9

Increases related to prior year tax positions	12.4		2.6		5.4
Decreases related to prior year tax positions	(12.3)		(0.2)		(2.9)
Increases related to current year tax positions	2.7		15.5		10.9

Lapses in statute of limitations	(12.0)		(93.3)		(30.7)
Effects of foreign currency translation	(3.9)		(7.5)		8.1
Balance at end of year	$	114.7	$	127.8	$	210.7

The entire amount of uncertain tax positions as of January 29, 2023, if recognized, would reduce the future effective tax rate under current accounting guidance.

Interest and penalties related to uncertain tax positions are recorded in the Company’s income tax provision. Interest and penalties recognized in the Company’s Consolidated Statements of Operations for 2022, 2021 and 2020 totaled an expense of $0.9 million, a benefit of $7.4 million and an expense of $2.3 million, respectively. Interest and penalties accrued in the Company’s Consolidated Balance Sheets as of January 29, 2023 and January 30, 2022 totaled $20.1 million and $19.9 million, respectively. The Company recorded its liabilities for uncertain tax positions principally in accrued expenses and other liabilities in its Consolidated Balance Sheets.

The Company files income tax returns in the United States and in various foreign, state and local jurisdictions. Most examinations have been completed by tax authorities or the statute of limitations has expired for United States federal, foreign, state and local income tax returns filed by the Company for years through 2006. It is reasonably possible that a reduction of uncertain tax positions of up to $45.0 million may occur within the next 12 months.

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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Derivative Instruments and Hedging Activities Disclosure [Abstract]

DERIVATIVE FINANCIAL INSTRUMENTS

12 Months Ended

Jan. 29, 2023

DERIVATIVE FINANCIAL INSTRUMENTS

Cash Flow Hedges

The Company has exposure to changes in foreign currency exchange rates related to anticipated cash flows associated with certain international inventory purchases. The Company uses foreign currency forward exchange contracts to hedge against a portion of this exposure.

The Company also has exposure to interest rate volatility related to its 2022 facilities borrowings, and previously had exposure to interest rate volatility related to its 2019 facilities borrowings, which bear interest at a rate equal to an applicable margin plus a variable rate. The Company had entered into interest rate swap agreements to hedge against a portion of the exposure related to its term loans under its 2019 facilities. No interest rate swap agreements were outstanding as of January 29, 2023 and January 30, 2022. As of January 29, 2023, approximately 80% of the Company’s long-term debt was at a fixed interest rate, with the remaining (euro-denominated) balance at a variable rate. Please see Note 8, “Debt,” for further discussion of the 2022 and 2019 facilities and these agreements.

The Company records the foreign currency forward exchange contracts and interest rate swap agreements at fair value in its Consolidated Balance Sheets and does not net the related assets and liabilities. The foreign currency forward exchange contracts associated with certain international inventory purchases and any interest rate swap agreements are designated as effective hedging instruments (collectively, “cash flow hedges”). As such, the changes in the fair value of the cash flow hedges are recorded in equity as a component of AOCL. No amounts were excluded from effectiveness testing.

During 2021, the Company dedesignated certain cash flow hedges in connection with the repayment of the outstanding principal balance under its USD TLA facility, as the underlying interest payments were no longer probable to occur, which resulted in the release of a $1.5 million loss from AOCL into the Company’s Consolidated Statement of Operations. During 2020, the Company dedesignated certain cash flow hedges due to the impacts of the COVID-19 pandemic on its business, which resulted in the release of an immaterial gain from AOCL into the Company’s Consolidated Statement of Operations. The Company continues to believe as of January 29, 2023 that transactions relating to its designated cash flow hedges are probable to occur.

Net Investment Hedges

The Company has exposure to changes in foreign currency exchange rates related to the value of its investments in foreign subsidiaries denominated in a currency other than the United States dollar. To hedge against a portion of this exposure, the Company designated the carrying amounts of its (i) €600.0 million principal amount of 3 1/8% senior notes due 2027 and (ii) €525.0 million principal amount of 3 5/8% senior notes due 2024 (collectively, “foreign currency borrowings”), that were issued by PVH Corp., a U.S.-based entity, as net investment hedges of its investments in certain of its foreign subsidiaries that use the euro as their functional currency. Please see Note 8, “Debt,” for further discussion of the Company’s foreign currency borrowings.

The Company records the foreign currency borrowings at carrying value in its Consolidated Balance Sheets. The carrying value of the foreign currency borrowings is remeasured at the end of each reporting period to reflect changes in the foreign currency exchange spot rate. Since the foreign currency borrowings are designated as net investment hedges, such remeasurement is recorded in equity as a component of AOCL. The fair value and the carrying value of the foreign currency borrowings designated as net investment hedges were $1,192.0 million and $1,215.4 million, respectively, as of January 29, 2023 and $1,361.7 million and $1,243.4 million, respectively, as of January 30, 2022. The Company evaluates the effectiveness of its net investment hedges at inception and at the beginning of each quarter thereafter. No amounts were excluded from effectiveness testing.

Undesignated Contracts

The Company records immediately in earnings changes in the fair value of hedges that are not designated as effective hedging instruments (“undesignated contracts”), which primarily include foreign currency forward exchange contracts related

to third party and intercompany transactions, and intercompany loans that are not of a long-term investment nature. Any gains and losses that are immediately recognized in earnings on such contracts are largely offset by the remeasurement of the underlying balances.

The Company does not use derivative or non-derivative financial instruments for trading or speculative purposes. The cash flows from the Company’s hedges are presented in the same category in the Company’s Consolidated Statements of Cash Flows as the items being hedged.

The following table summarizes the fair value and presentation of the Company’s derivative financial instruments in its Consolidated Balance Sheets:


	Assets								Liabilities
	2022				2021				2022				2021
(In millions)	Other Current Assets		Other Assets		Other Current Assets		Other Assets		Accrued Expenses		Other Liabilities		Accrued Expenses		Other Liabilities
Contracts designated as cash flow hedges:
Foreign currency forward exchange contracts (inventory purchases)	$	15.7	$	0.1	$	48.0	$	2.7	$	20.7	$	2.2	$	0.6	$	—


Undesignated contracts:
Foreign currency forward exchange contracts	—		—		5.6		—		12.5		—		1.1		—


Total	$	15.7	$	0.1	$	53.6	$	2.7	$	33.2	$	2.2	$	1.7	$	—

The notional amount outstanding of foreign currency forward exchange contracts was $1,492.6 million at January 29, 2023. Such contracts expire principally between February 2023 and July 2024.

The following tables summarize the effect of the Company’s hedges designated as cash flow and net investment hedging instruments:


	(Loss) Gain Recognized in Other Comprehensive (Loss) Income




(In millions)	2022		2021		2020
Foreign currency forward exchange contracts (inventory purchases)	$	(48.3)	$	109.2	$	(57.3)

Interest rate swap agreements	—		0.2		(9.9)
Foreign currency borrowings (net investment hedges)	30.4		111.3		(125.0)
Total	$	(17.9)	$	220.7	$	(192.2)


	Amount of Gain (Loss) Reclassified from AOCL into Income (Expense), Consolidated Statements of Operations Location, and Total Amount of Consolidated Statements of Operations Line Item
	Amount Reclassified						Location	Total Statements of Operations Amount

(In millions)	2022		2021		2020			2022		2021		2020
Foreign currency forward exchange contracts (inventory purchases)	$	27.6	$	(1.8)	$	12.5	Cost of goods sold	$	3,901.3	$	3,830.6	$	3,355.8
Interest rate swap agreements	—		(1.5)		—		SG&A expenses (1)	4,377.4		4,453.9		3,983.2
Interest rate swap agreements	—		(3.0)		(11.0)		Interest expense	89.6		108.6		125.5
Total	$	27.6	$	(6.3)	$	1.5

(1) The Company dedesignated certain cash flow hedges related to its interest rate swap agreements during 2021 as discussed in the section entitled “Cash Flow Hedges” above.

A net gain in AOCL on foreign currency forward exchange contracts at January 29, 2023 of $16.6 million is estimated to be reclassified in the next 12 months in the Company’s Consolidated Statement of Operations to cost of goods sold as the underlying inventory hedged by such forward exchange contracts is sold. Amounts recognized in AOCL for foreign currency borrowings would be recognized in earnings only upon the sale or substantially complete liquidation of the hedged net investment. No amounts remained in AOCL related to interest rate swap agreements as of January 29, 2023.

The following table summarizes the effect of the Company’s undesignated contracts recognized in SG&A expenses in its Consolidated Statements of Operations:


	Gain (Loss) Recognized in SG&A Expenses
(In millions)	2022		2021		2020
Foreign currency forward exchange contracts	$	11.4	$	14.7	$	(11.8)

The Company dedesignated certain cash flow hedges related to its interest rate swap agreements during 2021 as discussed in the section entitled “Cash Flow Hedges” above. Following the dedesignation, the effect of these interest rate swap agreements recognized in SG&A expenses in the Company’s Consolidated Statement of Operations was immaterial in 2021.

The Company had no derivative financial instruments with credit risk-related contingent features underlying the related contracts as of January 29, 2023.

FAIR VALUE MEASUREMENTS

12 Months Ended

Jan. 29, 2023

Fair Value Disclosures [Abstract]

FAIR VALUE MEASUREMENTS

In accordance with accounting principles generally accepted in the United States, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A three level hierarchy prioritizes the inputs used to measure fair value as follows:

Level 1 – Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date.

Level 2 – Observable inputs other than quoted prices included in Level 1, including quoted prices for similar assets or liabilities in active markets, quoted prices for identical assets or liabilities in inactive markets, inputs other than quoted prices that are observable for the asset or liability and inputs derived principally from or corroborated by observable market data.

Level 3 – Unobservable inputs reflecting the Company’s own assumptions about the inputs that market participants would use in pricing the asset or liability based on the best information available.

In accordance with the fair value hierarchy described above, the following table shows the fair value of the Company’s financial assets and liabilities that are required to be remeasured at fair value on a recurring basis:


	2022							2021
(In millions)	Level 1		Level 2		Level 3	Total		Level 1	Level 2		Level 3	Total
Assets:
Foreign currency forward exchange contracts	N/A		$	15.8	N/A	$	15.8	N/A	$	56.3	N/A	$	56.3
Rabbi trust assets	1.5		5.7		N/A	7.2		—	0.3		N/A	0.3

Total Assets	$	1.5	$	21.5	N/A	$	23.0	N/A	$	56.6	N/A	$	56.6

Liabilities:
Foreign currency forward exchange contracts	N/A		$	35.4	N/A	$	35.4	N/A	$	1.7	N/A	$	1.7


Total Liabilities	N/A		$	35.4	N/A	$	35.4	N/A	$	1.7	N/A	$	1.7

The fair value of the foreign currency forward exchange contracts is measured as the total amount of currency to be purchased, multiplied by the difference between (i) the forward rate as of the period end and (ii) the settlement rate specified in each contract. The fair value of the Level 1 rabbi trust assets, which consist of investments in mutual funds, is valued at the net asset value of the funds, as determined by the closing price in the active market in which the individual fund is traded. The fair value of the Level 2 rabbi trust assets, which consist of investments in common collective trust funds, is valued at the net asset value of the funds, as determined by the fund family. Funds are redeemable on a daily basis without restriction.

The Company established a rabbi trust that, beginning January 1, 2022, holds investments related to the Company’s supplemental savings plan. The rabbi trust assets, which generally mirror the investment elections made by eligible plan participants, were $7.2 million and $0.3 million as of January 29, 2023 and January 30, 2022, respectively, and recorded in the Company’s Consolidated Balance Sheets as follows: $0.7 million and $6.5 million were included in other current assets and other assets, respectively, as of January 29, 2023, and $0.3 million was included in other assets as of January 30, 2022. The corresponding deferred compensation liability was included in accrued expenses and other liabilities in the Company’s Consolidated Balance Sheets as of January 29, 2023 and January 30, 2022. Unrealized losses recognized on the rabbi trust investments were immaterial during 2022 and 2021.

There were no transfers between any levels of the fair value hierarchy for any of the Company’s fair value measurements.

The Company’s non-financial assets, which primarily consist of goodwill, other intangible assets, property, plant and equipment, and operating lease right-of-use assets, are not required to be measured at fair value on a recurring basis, and instead are reported at their carrying amount. However, on a periodic basis whenever events or changes in circumstances indicate that their carrying amount may not be fully recoverable (and at least annually for goodwill and indefinite-lived intangible assets), non-financial assets are assessed for impairment. If the fair value is determined to be lower than the carrying amount, an impairment charge is recorded to write down the asset to its fair value.

The following tables show the fair values of the Company’s non-financial assets that were required to be remeasured at fair value on a non-recurring basis during 2022, 2021 and 2020, and the total impairments recorded as a result of the remeasurement process:


(In millions)	Fair Value Measurement Using				Fair Value As Of Impairment Date		Total Impairments
2022	Level 1	Level 2	Level 3
Operating lease right-of-use assets	N/A	N/A	$	3.0	$	3.0	$	27.4
Property, plant and equipment, net	N/A	N/A	0.3		0.3		24.3
Goodwill	N/A	N/A	41.0		41.0		417.1




2021
Operating lease right-of-use assets	N/A	N/A	14.3		14.3		21.2
Property, plant and equipment, net	N/A	N/A	0.6		0.6		25.8





2020
Operating lease right-of-use assets	N/A	N/A	110.5		110.5		28.2
Property, plant and equipment, net	N/A	N/A	2.7		2.7		53.7
Goodwill	N/A	N/A	652.6		652.6		879.0
Tradenames	N/A	N/A	48.7		48.7		47.2
Other intangible assets, net	N/A	N/A	—		—		7.3
Investments in unconsolidated affiliates	N/A	N/A	—		—		12.3

Operating lease right-of-use assets with a carrying amount of $30.4 million and property, plant and equipment with a carrying amount of $24.6 million were written down to their fair values of $3.0 million and $0.3 million, respectively, during 2022, primarily in connection with the Company’s decision in the second quarter of 2022 to exit from its Russia business, and the financial performance in certain of the Company’s retail stores. Please see Note 17, “Exit Activity Costs,” for further discussion of the Russia business exit costs. Fair value of the Company’s operating lease right-of-use assets and property, plant and equipment related to its Russia business were determined to be zero in line with the Company’s estimated future cash flows for the Russia business asset group. Fair value of the Company’s other operating lease right-of-use assets was determined based on the discounted cash flows of the estimated market rents. Fair value of the Company’s other property, plant and equipment was determined based on the estimated discounted future cash flows associated with the assets using sales trends and market participant assumptions.

Goodwill with a carrying amount of $458.1 million was written down to a fair value of $41.0 million during 2022. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion.

The $468.8 million of impairment charges during 2022 were recorded in the Company’s Consolidated Statement of Operations, of which $417.1 was included in goodwill and other intangible asset impairments and $51.7 million was included in SG&A expenses. The $468.8 million of impairment charges were recorded to the Company’s segments as follows: $177.8 million in the Tommy Hilfiger North America segment, $163.8 million in the Calvin Klein North America segment, $89.5 million in the Calvin Klein International segment, $35.7 million in the Tommy Hilfiger International segment and $2.0 million in corporate expenses not allocated to any reportable segments.

Operating lease right-of-use assets with a carrying amount of $35.5 million and property, plant and equipment with a carrying amount of $26.4 million were written down to their fair values of $14.3 million and $0.6 million, respectively, during 2021, primarily as a result of actions taken by the Company to reduce its real estate footprint, including reductions in office space, and the financial performance in certain of the Company’s retail stores. Please see Note 17, “Exit Activity Costs,” for further discussion of the 2021 reductions in workforce and real estate footprint activities. Fair value of the Company’s operating lease right-of-use assets was determined based on the discounted cash flows of estimated sublease income using market participant assumptions, which considered the short length of the remaining lease term for certain of these assets, and current real estate trends and market conditions. Fair value of the Company’s property, plant and equipment was determined based on the estimated discounted future cash flows associated with the assets using sales trends and market participant assumptions.

The $47.0 million of impairment charges during 2021 were included in SG&A expenses in the Company’s Consolidated Statement of Operations and recorded to the Company’s segments as follows: $7.2 million in the Tommy Hilfiger International segment, $2.8 million in the Calvin Klein International segment, $1.5 million in the Heritage Brands Wholesale segment, $1.4 million in the Tommy Hilfiger North America segment, $0.4 million in the Calvin Klein North America segment and $33.7 million in corporate expenses not allocated to any reportable segments.

Property, plant and equipment with a carrying amount of $17.1 million was written down to a fair value of $1.1 million during the first quarter of 2020, primarily due to the adverse impacts of the COVID-19 pandemic on the Company’s retail stores with lease terms that were due to expire by the end of fiscal 2021 with no intention of renewal, including temporary store closures and reduced traffic, occupancy and consumer spending trends. Fair value of the Company’s property, plant and equipment was determined based on the estimated discounted future cash flows associated with the assets using sales trends and market participant assumptions.

Operating lease right-of-use assets with a carrying amount of $138.7 million and property, plant and equipment with a carrying amount of $32.1 million were written down to their fair values of $110.5 million and $1.6 million, respectively, during the fourth quarter of 2020. These impairments were primarily due to the adverse impacts of the pandemic on the financial performance of certain of the Company’s retail stores and the shift in consumer buying trends from brick and mortar retail stores to digital channels. Fair value of the Company’s operating lease right-of-use assets was determined based on the discounted cash flows of the estimated market rents. Fair value of the Company’s property, plant and equipment was determined based on the estimated discounted future cash flows associated with the assets using sales trends and market participant assumptions.

Property, plant and equipment with a carrying amount of $7.2 million was written down to a fair value of zero during 2020 in connection with the exit from the Heritage Brands Retail business. Please see Note 17, “Exit Activity Costs,” for further discussion of the Heritage Brands Retail exit costs. Fair value of the Company’s Heritage Brands Retail business property, plant and equipment was determined based on the estimated discounted future cash flows associated with the assets using sales trends and market participant assumptions.

Goodwill with a carrying amount of $1,531.6 million was written down to a fair value of $652.6 million during 2020. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion.

Tradenames with a carrying amount of $95.9 million were written down to a fair value of $48.7 million during 2020. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion.

Other intangible assets with a carrying amount of $7.3 million were written down to a fair value of zero during 2020. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion.

The Company’s then-owned equity method investment in Karl Lagerfeld with a carrying amount of $12.3 million was written down to a fair value of zero during 2020. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion.

The $1,027.7 million of impairment charges during 2020 were recorded in the Company’s Consolidated Statement of Operations, of which $933.5 million was included in goodwill and other intangible asset impairments, $81.9 million was included in SG&A expenses, and $12.3 million was included in equity in net income (loss) of unconsolidated affiliates. The $1,027.7 million of impairment charges were recorded to the Company’s segments as follows: $414.7 million in the Calvin Klein International segment, $304.1 million in the Calvin Klein North America segment, $249.6 million in the Heritage Brands Wholesale segment, $30.0 million in the Tommy Hilfiger International segment, $11.0 million in the Heritage Brands Retail segment, $6.0 million in the Tommy Hilfiger North America segment and $12.3 million was recorded in corporate expenses not allocated to any reportable segments.

The carrying amounts and the fair values of the Company’s cash and cash equivalents, short-term borrowings and long-term debt were as follows:


	2022				2021
(In millions)	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Cash and cash equivalents	$	550.7	$	550.7	$	1,242.5	$	1,242.5
Short-term borrowings	46.2		46.2		10.8		10.8
Long-term debt (including portion classified as current)	2,288.9		2,262.3		2,352.4		2,522.4

The fair values of cash and cash equivalents and short-term borrowings approximate their carrying amounts due to the short-term nature of these instruments. The Company estimates the fair value of its long-term debt using quoted market prices as of the last business day of the applicable year. The Company classifies the measurement of its long-term debt as a Level 1 measurement. The carrying amounts of long-term debt reflect the unamortized portions of debt issuance costs and the original issue discounts.

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

RETIREMENT AND BENEFIT PLANS

RETIREMENT AND BENEFIT PLANS

12 Months Ended

Jan. 29, 2023

Retirement Benefits [Abstract]

The Company, as of January 29, 2023, has two noncontributory qualified defined benefit pension plans covering substantially all employees resident in the United States hired prior to January 1, 2022, who meet certain age and service requirements. The plans provide monthly benefits upon retirement generally based on career average compensation and years of credited service. The plans also provide participants with the option to receive their benefits in the form of lump sum payments. Vesting in plan benefits generally occurs after five years of service. The Company refers to these two plans as its “Pension Plans.”

The Company also has three noncontributory unfunded non-qualified supplemental defined benefit pension plans, including:

–A plan for certain former members of Tommy Hilfiger’s domestic senior management. The plan is frozen and, as a result, participants do not accrue additional benefits.

–A capital accumulation program for certain former senior executives. Under the individual participants’ agreements, the participants in the program will receive a predetermined amount during the ten years following the attainment of age 65.

–A plan for certain employees resident in the United States hired prior to January 1, 2022, who meet certain age and service requirements that provides benefits for compensation in excess of Internal Revenue Service earnings limits and requires payments to vested employees upon, or shortly after, employment termination or retirement.

The Company refers to these three plans as its “SERP Plans.”

The Company also provides certain postretirement health care and life insurance benefits to certain retirees resident in the United States under two plans. Retirees contribute to the cost of the applicable plan, which are unfunded and frozen. The Company refers to these plans as its “Postretirement Plans.”

Reconciliations of the changes in the projected benefit obligation (Pension Plans and SERP Plans) and the accumulated benefit obligation (Postretirement Plans) were as follows:


	Pension Plans				SERP Plans				Postretirement Plans
(In millions)	2022		2021		2022		2021		2022		2021
Balance at beginning of year	$	785.2	$	840.5	$	93.3	$	121.7	$	5.6	$	6.3
Service cost, net of plan expenses	29.3		38.1		2.5		4.7		—		—
Interest cost	25.3		24.8		2.8		3.3		0.1		0.1
Benefit payments	(72.4)		(48.7)		(35.6)		(24.5)		—		—
Benefit payments, net of retiree contributions	—		—		—		—		(0.6)		(0.7)
Special termination benefits	—		0.5		—		1.8		—		—
Heritage Brands transaction gain	—		(1.5)		—		(0.3)		—		—

Actuarial gain	(194.2)		(68.5)		(6.7)		(13.4)		(1.1)		(0.1)
Balance at end of year	$	573.2	$	785.2	$	56.3	$	93.3	$	4.0	$	5.6

Service cost on the Pension Plans decreased in 2022 compared to 2021 primarily due to revised plan assumptions, mostly related to termination rates, based upon recent trends and management’s future expectations.

The increase in benefit payments in 2022 for both the Pension Plans and the SERP Plans was due to lump sum payments of accrued benefits to certain vested senior executives who retired or terminated their employment in 2021 and early 2022.

The actuarial gains included in the projected benefit obligation (Pension Plans and SERP Plans) in 2022 were due principally to an increase in the discount rate. The actuarial gains included in the projected benefit obligation (Pension Plans and SERP Plans) in 2021 were due principally to an increase in the discount rate and an update to plan assumptions, mostly related to termination rates, based on recent trends and management’s future expectations.

The Company completed the Heritage Brands transaction on the first day of the third quarter of 2021. In connection with the sale, the employment of certain employees based in the United States engaged in the Heritage Brands business was terminated during the third quarter of 2021. However, the Company retained the liability for any deferred vested benefits earned by these employees under its retirement plans. No further benefits were to be accrued under the plans for these employees and as a result, the Company recognized a gain of $1.8 million during the third quarter of 2021, with a corresponding decrease to its pension benefit obligation. For certain eligible employees affected by the transaction, the Company provided an enhanced retirement benefit and as a result recognized $1.4 million of special termination benefit costs during the third quarter of 2021 with a corresponding increase to its pension benefit obligation. These amounts were included in other (gain) loss, net in the Company’s Consolidated Statement of Operations. Please see Note 3, “Acquisitions and Divestitures,” for further discussion of the Heritage Brands transaction.

The Company provided enhanced retirement benefits to terminated employees in 2021 and as a result recognized $0.9 million of special termination benefit costs with a corresponding increase to its pension benefit obligation.

Reconciliations of the fair value of the assets held by the Pension Plans and the funded status were as follows:


(In millions)	2022		2021
Fair value of plan assets at beginning of year	$	726.3	$	765.8
Actual return, net of plan expenses	(83.9)		9.2
Benefit payments	(72.4)		(48.7)

Company contributions	0.2		—
Fair value of plan assets at end of year	$	570.2	$	726.3
Funded status at end of year	$	(3.0)	$	(58.9)

Amounts recognized in the Company’s Consolidated Balance Sheets were as follows:


	Pension Plans				SERP Plans				Postretirement Plans
(In millions)	2022		2021		2022		2021		2022		2021

Current liabilities	$	—	$	—	$	(7.3)	$	(35.6)	$	(0.6)	$	(0.7)
Non-current liabilities	(3.0)		(58.9)		(49.0)		(57.7)		(3.4)		(4.9)
Net amount recognized	$	(3.0)	$	(58.9)	$	(56.3)	$	(93.3)	$	(4.0)	$	(5.6)

In 2021, SERP Plans current liabilities include the expected benefit payments to certain vested senior executives who retired or terminated their employment in 2021 or who in 2021 announced their retirement or termination of their employment in 2022.

The components of net benefit cost recognized were as follows:




	Pension Plans						SERP Plans						Postretirement Plans
(In millions)	2022		2021		2020		2022		2021		2020		2022		2021		2020
Service cost	$	31.3	$	40.1	$	45.0	$	2.5	$	4.7	$	5.7	$	—	$	—	$	—
Interest cost	25.3		24.8		25.5		2.8		3.3		3.5		0.1		0.1		0.2
Actuarial gain	(70.6)		(35.2)		(60.0)		(6.7)		(13.4)		(3.7)		(1.1)		(0.1)		(0.8)
Expected return on plan assets	(41.7)		(44.5)		(43.6)		—		—		—		—		—		—

Special termination benefits	—		0.5		1.1		—		1.8		1.9		—		—		—
Heritage Brands transaction gain	—		(1.5)		—		—		(0.3)		—		—		—		—
Speedo deconsolidation gain	—		—		(2.2)		—		—		(0.6)		—		—		—
Total	$	(55.7)	$	(15.8)	$	(34.2)	$	(1.4)	$	(3.9)	$	6.8	$	(1.0)	$	—	$	(0.6)

The actuarial gains in net benefit cost in 2022 were due principally to an increase in the discount rate partially offset by the difference between the actual and expected returns on plan assets for the Pension Plans. The actuarial gains in net benefit cost in 2021 were due principally to (i) an increase in the discount rate and (ii) updated plan assumptions, mostly related to termination rates, based on recent trends and management’s future expectations, partially offset by (iii) the difference between the actual and expected returns on plan assets for the Pension Plans. The actuarial gains included in net benefit cost in 2020 were due principally to the (i) difference between the actual and expected returns on plan assets for the Pension Plans, (ii) the reduction in plan participants due to the North America workforce reduction, and (iii) updated mortality assumptions, which more than offset the impact of a decline in the discount rate.

The Company announced in July 2020 plans to streamline its North American operations to better align its business with the evolving retail landscape. The Company’s actions included a reduction in its North America office workforce by approximately 450 positions, or 12%, across all three brand businesses and corporate functions. For certain eligible employees affected by the workforce reduction, the Company provided an enhanced retirement benefit and as a result recognized $3.0 million of special termination benefit costs during 2020, with a corresponding increase to its pension benefit obligation. Please see Note 17, “Exit Activity Costs,” for further discussion of these actions.

Upon the closing of the Speedo transaction, employees based in the United States who were engaged primarily in the Speedo North America business terminated their employment with the Company. However, the Company retained the liability for any deferred vested benefits earned by these employees under its retirement plans. No further benefits were to be accrued under the plans and as a result, the Company recognized a gain of $2.8 million in the first quarter of 2020 with a corresponding decrease to its pension benefit obligation. The gain was included in other (gain) loss, net in the Company’s Consolidated Statement of Operations. Please see Note 3, “Acquisitions and Divestitures,” for further discussion of the sale of the Speedo North America business.

The components of net benefit cost are recorded in the Company’s Consolidated Statements of Operations as follows: (i) the service cost component is recorded in SG&A expenses, (ii) the Heritage Brands transaction gain and the related special termination benefit costs, as well as the Speedo deconsolidation gain components, are recorded in other (gain) loss, net and (iii) the other components are recorded in non-service related pension and postretirement income.

Amortization of prior service cost recognized in other comprehensive (loss) income for Pension Plans was immaterial during 2022, 2021 and 2020.

Pre-tax amounts in AOCL that had not yet been recognized as components of net benefit cost in the Pension Plans were immaterial as of January 29, 2023 and January 30, 2022.

The accumulated benefit obligations (Pension Plans and SERP Plans) were as follows:


	Pension Plans				SERP Plans
(In millions)	2022		2021		2022		2021
Accumulated benefit obligation	$	547.0	$	746.4	$	52.7	$	85.3

As of January 29, 2023, both of the Company’s Pension Plans had projected benefit obligations in excess of plan assets and one of the Company’s Pension Plans had accumulated benefit obligations in excess of plan assets. As of January 30, 2022, both of the Company’s Pension Plans had projected benefit obligations and accumulated benefit obligations in excess of plan assets. The balances were as follows:


(In millions, except plan count)	2022		2021
Number of plans with projected benefit obligations in excess of plan assets	2		2
Aggregate projected benefit obligation	$	573.2	$	785.2
Aggregate fair value of related plan assets	$	570.2	$	726.3

Number of plans with accumulated benefit obligations in excess of plan assets	1		2
Aggregate accumulated benefit obligation	$	2.6	$	746.4
Aggregate fair value of related plan assets	$	2.5	$	726.3

As of January 29, 2023 and January 30, 2022, all of the Company’s SERP Plans had projected benefit obligations and accumulated benefit obligations in excess of plan assets as the plans are unfunded.

Significant weighted average rate assumptions used in determining the projected and accumulated benefit obligations at the end of each year and benefit cost in the following year were as follows:


	2022		2021		2020
Discount rate (applies to Pension Plans and SERP Plans)	5.19	%	3.31	%	3.04	%
Discount rate (applies to Postretirement Plans)	4.98	%	2.89	%	2.29	%
Rate of increase in compensation levels (applies to Pension Plans)	4.00	%	4.00	%	4.25	%
Expected long-term rate of return on assets (applies to Pension Plans)	6.25	%	6.00	%	6.00	%

To develop the expected long-term rate of return on assets assumption, the Company considered the historical level of the risk premium associated with the asset classes in which the portfolio is invested and the expectations for future returns of each asset class. The expected return for each asset class was then weighted based on the target asset allocation.

The assets of the Pension Plans are invested with the objective of being able to meet current and future benefit payment needs, while managing future contributions. The investment policy aims to earn a reasonable rate of return while minimizing the risk of large losses. Assets are diversified by asset class in order to reduce volatility of overall results from year to year and to take advantage of various investment opportunities. The assets of the Pension Plans are diversified among United States equities, international equities, fixed income investments and cash. The strategic target allocation for the Pension Plans as of January 29, 2023 was approximately 40% United States equities, 20% international equities and 40% fixed income investments and cash. Equity securities primarily include investments in large-, mid- and small-cap companies located in the United States and abroad. Fixed income securities include corporate bonds of companies from diversified industries, municipal bonds, collective funds and United States Treasury bonds. Actual investment allocations may vary from the Company’s target investment allocations due to prevailing market conditions.

In accordance with the fair value hierarchy described in Note 11, “Fair Value Measurements,” the following tables show the fair value of the total assets of the Pension Plans for each major category as of January 29, 2023 and January 30, 2022:


(In millions)			Fair Value Measurements as of January 29, 2023(1)
Asset Category	Total		Quoted Prices In Active Markets for Identical Assets (Level 1)		Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
Equity securities:
United States equities(2)	$	150.5	$	150.5	$	—	$	—
International equities(2)	12.8		12.8		—		—
United States equity fund(3)	63.4		—		63.4		—
International equity funds(4)	119.4		65.3		54.1		—
Fixed income securities:
Government securities(5)	62.0		—		62.0		—
Corporate securities(5)	147.4		—		147.4		—
Short-term investment funds(6)	15.5		—		15.5		—

Subtotal	$	571.0	$	228.6	$	342.4	$	—
Other assets and liabilities(7)	(0.8)
Total	$	570.2


(In millions)			Fair Value Measurements as of January 30, 2022(1)
Asset Category	Total		Quoted Prices In Active Markets for Identical Assets (Level 1)		Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
Equity securities:
United States equities(2)	$	186.8	$	186.8	$	—	$	—
International equities(2)	19.8		19.8		—		—
United States equity fund(3)	73.3		—		73.3		—
International equity funds(4)	155.1		73.6		81.5		—
Fixed income securities:
Government securities(5)	62.5		—		62.5		—
Corporate securities(5)	192.2		—		192.2		—
Short-term investment funds(6)	35.0		—		35.0		—

Subtotal	$	724.7	$	280.2	$	444.5	$	—
Other assets and liabilities(7)	1.6
Total	$	726.3

(1)The Company uses third party pricing services to determine the fair values of the financial instruments held by the pension plans. The Company obtains an understanding of the pricing services valuation methodologies and related inputs and validates a sample of prices by reviewing prices from other sources. The Company has not adjusted any prices received from the third party pricing services.

(2)Valued at the closing price or unadjusted quoted price in the active market in which the individual securities are traded.

(3)Valued at the net asset value of the fund, as determined by a pricing vendor or the fund family. The Company has the ability to redeem this investment at net asset value within the near term and therefore classifies this investment

within Level 2. This commingled fund invests in United States large cap equities of companies that track the Russell 1000 Index.

(4)Valued at the net asset value of the fund, either as determined by the closing price in the active market in which the individual fund is traded and classified within Level 1, or as determined by a pricing vendor or the fund family and classified within Level 2. This category includes funds that invest in equities of companies outside of the United States.

(5)Valued with bid evaluation pricing where the inputs are based on actual trades in active markets, when available, as well as observable market inputs that include actual and comparable trade data, market benchmarks, broker quotes, trading spreads and/or other applicable data.

(6)Valued at the net asset value of the funds, as determined by a pricing vendor or the fund family. The Company has the ability to redeem these investments at net asset value within the near term and therefore classifies these investments within Level 2. These funds invest in high-grade, short-term, money market instruments.

(7)This category includes other pension assets and liabilities such as pending trades and accrued income.

The Company believes that there are no significant concentrations of risk within the plan assets as of January 29, 2023.

Currently, the Company does not expect to make material contributions to the Pension Plans in 2023. The Company’s actual contributions may differ from planned contributions due to many factors, including changes in tax and other laws, as well as significant differences between expected and actual pension asset performance or interest rates. The expected benefit payments associated with the Pension Plans and SERP Plans, and expected benefit payments, net of retiree contributions, associated with the Postretirement Plans are as follows:


(In millions)
Fiscal Year	Pension Plans		SERP Plans		Postretirement Plans
2023	$	43.0	$	7.3	$	0.6
2024	45.1		6.0		0.5
2025	45.5		6.7		0.5
2026	44.8		5.8		0.4
2027	45.1		5.9		0.4
2028-2032	225.8		25.4		1.5

The Company has savings and retirement plans and a supplemental savings plan for the benefit of its eligible employees in the United States who elect to participate. The Company matches a portion of employee contributions to the plans. Beginning January 1, 2022, the Company makes an additional contribution to these plans for employees in the United States hired on or after that date in lieu of their participation in the Pension Plans. The Company also has defined contribution plans for certain employees in certain international locations, whereby the Company pays a percentage of the contribution for the employee. The Company’s contributions to these plans were $37.7 million, $36.5 million and $34.2 million in 2022, 2021 and 2020, respectively.

Beginning January 1, 2022, the Company has modified its supplemental savings plan such that participants can choose from a broader variety of investment options than were previously available for any contributions made subsequent to that date. Further, the Company has established a rabbi trust whereby the trust will hold investments that generally mirror the participants’ investment elections in the supplemental savings plan after January 1, 2022. The rabbi trust is considered a variable interest entity and it is consolidated in the Company’s financial statements because the Company is considered the primary beneficiary of the rabbi trust. As of January 29, 2023, the rabbi trust assets were $7.2 million. See Note 11, “Fair Value Measurements” for further discussion.

The entire disclosure for retirement benefits.

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Share-Based Payment Arrangement [Abstract]

STOCK-BASED COMPENSATION

12 Months Ended

Jan. 29, 2023

STOCK-BASED COMPENSATION

The Company grants stock-based awards under its Stock Incentive Plan (the “Plan”). Shares issued as a result of stock-based compensation transactions generally have been funded with the issuance of new shares of the Company’s common stock.

The Company may grant the following types of incentive awards under the Plan: (i) non-qualified stock options; (ii) incentive stock options; (iii) stock appreciation rights; (iv) restricted stock; (v) restricted stock units (“RSUs”); (vi) performance

shares; (vii) performance share units (“PSUs”); and (viii) other stock-based awards. Each award granted under the Plan is subject to an award agreement that incorporates, as applicable, the exercise price, the term of the award, the periods of restriction, the number of shares to which the award pertains, performance periods and performance measures, and such other terms and conditions as the plan committee determines. Awards granted under the Plan are classified as equity awards, which are recorded in stockholders’ equity in the Company’s Consolidated Balance Sheets. When estimating the grant date fair value of stock-based awards, the Company considers whether an adjustment is required to the closing price or the expected volatility of its common stock on the date of grant when the Company is in possession of material non-public information. No such adjustments were made to the grant date fair value of awards granted during the fiscal year ended January 29, 2023.

Through January 29, 2023, the Company has granted under the Plan (i) service-based non-qualified stock options, referred to as “stock options” below, RSUs and restricted stock; and (ii) contingently issuable PSUs and RSUs. There were no shares of restricted stock or contingently issuable RSUs outstanding as of January 29, 2023.

According to the terms of the Plan, for purposes of determining the number of shares available for grant, each share underlying a stock option award reduces the number available by one share and each share underlying an RSU or PSU award reduces the number available by two shares. Total shares available for grant at January 29, 2023 amounted to 3.2 million shares.

Net income (loss) for 2022, 2021 and 2020 included $46.6 million, $46.8 million and $50.5 million, respectively, of pre-tax expense related to stock-based compensation, with related recognized income tax benefits of $5.9 million, $6.2 million and $5.9 million, respectively.

The Company receives a tax deduction for certain transactions associated with its stock-based awards. The actual income tax benefits realized from these transactions in 2022, 2021 and 2020 were $3.7 million, $7.6 million and $3.0 million, respectively. The tax benefits realized included discrete net excess tax deficiencies of $2.0 million and $5.4 million recognized in the Company’s provision for income taxes during 2022 and 2020, respectively. Discrete net excess tax benefits recognized in the Company’s provision for income taxes during 2021 were immaterial.

Stock Options

Stock options granted to employees are generally exercisable in four equal annual installments commencing one year after the date of grant. The underlying stock option award agreements generally provide for accelerated vesting upon the award recipient’s retirement (as defined in the Plan). Such stock options are granted with a 10-year term and the per share exercise price cannot be less than the closing price of the common stock on the date of grant.

The Company estimates the fair value of stock options at the date of grant using the Black-Scholes-Merton model. The estimated fair value of the stock options granted is expensed over the stock options’ requisite service periods.

The following summarizes the assumptions used to estimate the fair value of stock options granted during 2022, 2021 and 2020 and the resulting weighted average grant date fair value per stock option:


	2022			2021			2020
Weighted average risk-free interest rate	2.50		%	1.24		%	0.48		%
Weighted average expected stock option term (in years)	6.25			6.25			6.25
Weighted average Company volatility	47.34		%	47.58		%	45.08		%
Expected annual dividends per share	$	0.15		$	0.15		$	0.15
Weighted average grant date fair value per stock option	$	34.27		$	48.28		$	23.05

The risk-free interest rate is based on United States Treasury yields in effect at the date of grant for periods corresponding to the expected stock option term. The expected stock option term represents the weighted average period of time that stock options granted are expected to be outstanding, based on vesting schedules and the contractual term of the stock options. Company volatility is based on the historical volatility of the Company’s common stock over a period of time corresponding to the expected stock option term. Expected dividends are based on the anticipated common stock cash dividend rate for the Company at the time of grant; the dividend assumption for the stock options granted during 2021 and 2020, was not affected by the Company’s suspension of its cash dividend beginning with the second quarter of 2020 in response to the impacts of the COVID-19 pandemic on its business and as a condition of the June 2020 Amendment that was in effect through June 10, 2021, as such suspension was viewed as temporary. Please see Note 14, “Stockholders’ Equity,” for further discussion of dividends on the Company’s common stock.

The Company has continued to utilize the simplified method to estimate the expected term for its “plain vanilla” stock options granted due to a lack of relevant historical data resulting, in part, from changes in the pool of employees receiving stock option grants. The Company will continue to evaluate the appropriateness of utilizing such method.

Stock option activity for the year was as follows:


(In thousands, except years and per stock option data)	Stock Options	Weighted Average Exercise Price Per Stock Option		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
Outstanding at January 30, 2022	688	$	103.40	5.0	$	4,576
Granted	134	71.51
Exercised	—	—
Forfeited / Expired	128	98.80
Outstanding at January 29, 2023	694	$	98.08	4.9	$	5,027
Exercisable at January 29, 2023	480	$	108.42	3.4	$	1,569

The aggregate grant date fair value of stock options granted during 2022, 2021 and 2020 was $4.6 million, $4.6 million and $5.8 million, respectively.

The aggregate grant date fair value of stock options that vested during 2022, 2021 and 2020 was $1.7 million, $7.2 million and $5.0 million, respectively.

The aggregate intrinsic value of stock options exercised during 2021 and 2020 was $9.7 million and $0.7 million, respectively. There were no exercises in 2022.

At January 29, 2023, there was $5.4 million of unrecognized pre-tax compensation expense related to non-vested stock options, which is expected to be recognized over a weighted average period of 1.8 years.

RSUs

RSUs granted to employees generally vest in four equal annual installments commencing one year after the date of grant, although the Company does make from time to time, and currently has outstanding, RSUs with different vesting schedules. Service-based RSUs granted to non-employee directors vest in full the earlier of one year after the date of grant or the date of the Annual Meeting of Stockholders following the year of grant. The underlying RSU award agreements for employees generally provide for accelerated vesting upon the award recipient’s retirement (as defined in the Plan). The fair value of RSUs is equal to the closing price of the Company’s common stock on the date of grant and is expensed over the RSUs’ requisite service periods.

RSU activity for the year was as follows:


(In thousands, except per RSU data)	RSUs	Weighted Average Grant Date Fair Value Per RSU
Non-vested at January 30, 2022	1,176	$	88.09
Granted	756	70.93
Vested	427	92.11
Forfeited	180	85.60
Non-vested at January 29, 2023	1,325	$	77.33

The aggregate grant date fair value of RSUs granted during 2022, 2021 and 2020 was $53.6 million, $61.2 million and $59.2 million, respectively. The aggregate grant date fair value of RSUs vested during 2022, 2021 and 2020 was $39.3 million, $50.2 million and $41.2 million, respectively.

At January 29, 2023, there was $69.3 million of unrecognized pre-tax compensation expense related to non-vested RSUs, which is expected to be recognized over a weighted average period of 1.7 years.

PSUs

Contingently issuable PSUs granted to employees generally vest three years after the date of grant, subject to the satisfaction of performance conditions. The Company granted contingently issuable PSUs to certain of the Company’s senior executives during the second quarters of 2022 and 2021. The final number of shares to be earned, if any, is contingent upon the Company’s achievement of goals for the applicable performance period, of which (i) 50% is based upon the cumulative amount of the Company’s consolidated earnings before interest and taxes (“EBIT”) and (ii) 50% is based on the Company’s total shareholder return during a three-year performance period from the grant date relative to a pre-established group of industry peers (which is substantially identical for grants in both years). For the 2021 award, EBIT is based on a one-year performance period (fiscal 2021) and for the 2022 award, EBIT is based on a three-year performance period (fiscal 2022 – 2024). For these awards, the Company records expense ratably over the three-year service period, with expense determined as follows: (i) EBIT-based portion of the awards – based on the grant date fair value per share and the Company’s current expectations of the probable number of shares that will ultimately be issued and (ii) TSR-based portion of the awards – based on the grant date fair value regardless of whether the market condition is satisfied because the awards are subject to market conditions. The grant date fair value of the awards granted was established as follows: (i) EBIT-based portion of the awards – based on the closing price of the Company’s common stock reduced for the present value of any dividends expected to be paid on the Company’s common stock during the three-year service period, as these contingently issuable PSUs do not accrue dividends and (ii) TSR-based portion of the awards – using the Monte Carlo simulation model. For the EBIT-based portion of the awards granted in the second quarter of 2021, the applicable performance period ended in the fourth quarter of 2021 and the maximum level of performance was achieved. These shares will vest and be paid out subject to and following the completion of the three-year service period.

The Company also granted contingently issuable PSUs to certain of the Company’s senior executives during 2019 and 2020, subject to a three-year performance period from the applicable grant date. For these awards, the final number of shares to be earned, if any, is contingent upon the Company’s achievement of goals for the applicable performance period, of which (i) 50% is based upon the Company’s absolute stock price growth during the applicable performance period and (ii) 50% is based upon the Company’s TSR during the applicable performance period relative to other companies included in the S&P 500 as of the date of grant. For these awards, the Company records expense ratably over the three-year service period based on the grant date fair value of the awards regardless of whether the market condition is satisfied because the awards are subject to market conditions. The grant date fair value of the awards granted was established for each grant using the Monte Carlo simulation model. For awards granted in 2019, the three-year performance period ended during either the first or second quarter of 2022 and holders of the awards did not earn any shares since the market conditions were not satisfied.

The following summarizes the assumptions used to estimate the fair value of PSUs subject to market conditions that were granted during 2022, 2021 and 2020 and the resulting weighted average grant date fair value:


	2022			2021			2020
Weighted average risk-free interest rate	2.91		%	0.33		%	0.19		%
Weighted average Company volatility	64.02		%	60.69		%	51.86		%
Expected annual dividends per share	$	0.15		$	0.15		$	0.15
Weighted average grant date fair value per PSU	$	103.36		$	159.29		$	64.89

The risk-free interest rate is based on United States Treasury yields in effect at the date of grant for the term corresponding to the three-year performance period. Company volatility is based on the historical volatility of the Company’s common stock over a period of time corresponding to the three-year performance period. Expected dividends are based on the anticipated common stock cash dividend rate for the Company at the time of grant; the dividend assumption for the PSUs granted during 2021 and 2020, was not affected by the Company’s suspension of its cash dividend beginning with the second quarter of 2020 in response to the impacts of the COVID-19 pandemic on its business and as a condition of the June 2020 Amendment that was in effect through June 10, 2021, as such suspension was viewed as temporary. Please see Note 14, “Stockholders’ Equity,” for further discussion of dividends on the Company’s common stock.

For certain of the awards granted, the after-tax portion of the award is subject to a holding period of one year after the vesting date. For these awards, the grant date fair value was discounted 6.90% in 2022 and 8.40% in 2021 for the restriction of liquidity, which was calculated using the Finnerty model, and 15.94% in 2020 for the restriction of liquidity, which was

calculated using the Chaffe model. The Company uses the model that is deemed more appropriate after an evaluation of current market conditions.

Total PSU activity for the year was as follows:


(In thousands, except per PSU data)	PSUs	Weighted Average Grant Date Fair Value Per PSU
Non-vested at January 30, 2022	248	$	93.15
Granted	72	87.16
Reduction due to market conditions not satisfied	67	118.28
Vested	—	—
Forfeited	9	96.80
Non-vested at January 29, 2023	244	$	84.40

The aggregate grant date fair value of PSUs granted during 2022, 2021 and 2020 was $6.3 million, $5.8 million and $8.6 million, respectively. No PSUs vested in 2022, 2021 and 2020. PSUs in the above table that remain subject to market conditions are reflected at the target level, which is consistent with how expense will be recorded, regardless of the numbers of shares that will actually be earned.

At January 29, 2023, there was $5.6 million of unrecognized pre-tax compensation expense related to non-vested PSUs, which is expected to be recognized over a weighted average period of 1.7 years.

STOCKHOLDERS' EQUITY	12 Months Ended
STOCKHOLDERS' EQUITY	Jan. 29, 2023
Stockholders' Equity Attributable to Parent [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS’ EQUITY Acquisition of Treasury Shares The Company’s Board of Directors has authorized over time since 2015 an aggregate $3.0 billion stock repurchase program through June 3, 2026, which includes a $1.0 billion increase in the authorization and a three year extension of the program approved by the Board of Directors on April 11, 2022. Repurchases under the program may be made from time to time over the period through open market purchases, accelerated share repurchase programs, privately negotiated transactions or other methods, as the Company deems appropriate. Purchases are made based on a variety of factors, such as price, corporate requirements and overall market conditions, applicable legal requirements and limitations, trading restrictions under the Company’s insider trading policy and other relevant factors. The program may be modified by the Board of Directors, including to increase or decrease the repurchase limitation or extend, suspend or terminate the program at any time, without prior notice. The Company suspended share repurchases under the stock repurchase program beginning in March 2020, following the purchase of 1.4 million shares in open market transactions for $110.7 million completed earlier in the first quarter of 2020, in response to the impacts of the COVID-19 pandemic on its business. In addition, under the terms of the June 2020 Amendment, the Company was not permitted to make share repurchases during the relief period. However, effective June 10, 2021, the relief period under the June 2020 Amendment was terminated and the Company was permitted to resume share repurchases at management’s discretion, which it did starting in the third quarter of 2021. Please see Note 8, “Debt,” for further discussion of the terms of the June 2020 Amendment and the relief period. During 2022, 2021 and 2020, the Company purchased 6.2 million shares, 3.3 million shares and 1.4 million shares, respectively, of its common stock under the program in open market transactions for $399.4 million, $349.7 million and $110.7 million, respectively. As of January 29, 2023, the repurchased shares were held as treasury stock and $823.5 million of the authorization remained available for future share repurchases. Treasury stock activity also includes shares that were withheld in conjunction with the settlement of RSUs to satisfy tax withholding requirements. Common Stock Dividends The Company declared a $0.0375 per share dividend payable to its common stockholders of record on March 4, 2020, in respect of which the Company made dividend payments totaling $2.7 million on March 31, 2020. The Company suspended its dividends following the payment of the dividend on March 31, 2020 in response to the impacts of the COVID-19 pandemic on its business. In addition, under the terms of the June 2020 Amendment, the Company was not permitted to declare or pay dividends during the relief period. However, effective June 10, 2021, the relief period under the June 2020 Amendment was terminated and the Company was permitted to declare and pay dividends on its common stock at the discretion of the Board of Directors. Please see Note 8, “Debt,” for further discussion of the terms of the June 2020 Amendment and the relief period. Following termination of the relief period, the Company declared a $0.0375 per share dividend payable to its common stockholders of record on November 24, 2021, in respect of which the Company made dividend payments totaling $2.7 million on December 17, 2021. The Company declared and paid four $0.0375 per share dividends payable to its common stockholders in 2022 totaling $10.1 million.

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

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Accumulated Other Comprehensive Income [Abstract]

ACCUMULATED OTHER COMPREHENSIVE LOSS

12 Months Ended

Jan. 29, 2023

Accumulated Other Comprehensive Loss

ACCUMULATED OTHER COMPREHENSIVE LOSS

The following table presents the changes in AOCL, net of related taxes, by component:


(In millions)	Foreign currency translation adjustments			Net unrealized and realized gain (loss) on effective cash flow hedges		Total
Balance at February 2, 2020	$	(665.7)		$	25.6	$	(640.1)
Other comprehensive income (loss) before reclassifications	184.1		(1)(2)	(60.4)		123.7
Less: Amounts reclassified from AOCL	—			2.7		2.7
Other comprehensive income (loss)	184.1			(63.1)		121.0

Balance at January 31, 2021	$	(481.6)		$	(37.5)	$	(519.1)
Other comprehensive (loss) income before reclassifications	(184.3)		(1)(3)	88.1		(96.2)
Less: Amounts reclassified from AOCL	—			(2.6)		(2.6)
Other comprehensive (loss) income	(184.3)			90.7		(93.6)

Balance at January 30, 2022	$	(665.9)		$	53.2	$	(612.7)

Other comprehensive loss before reclassifications	(47.6)		(1)(3)	(36.0)		(83.6)
Less: Amounts reclassified from AOCL	(3.4)		(4)	20.2		16.8
Other comprehensive loss	(44.2)			(56.2)		(100.4)
Balance at January 29, 2023	$	(710.1)		$	(3.0)	$	(713.1)

(1)Foreign currency translation adjustments included a net gain (loss) on net investment hedges of $24.1 million, $83.8 million and $(94.4) million in 2022, 2021 and 2020, respectively.

(2)Favorable foreign currency translation adjustments were principally driven by a weakening of the United States dollar against the euro.

(3)Unfavorable foreign currency translation adjustments were principally driven by a strengthening of the United States dollar against the euro.

(4)Foreign currency translation adjustment losses were reclassified from AOCL during the second quarter of 2022 in connection with the Karl Lagerfeld transaction. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion.

The following table presents reclassifications from AOCL to earnings:


	Amount Reclassified from AOCL							Affected Line Item in the Company’s Consolidated Statements of Operations
(In millions)	2022			2021		2020
Realized gain (loss) on effective cash flow hedges:
Foreign currency forward exchange contracts (inventory purchases)	$	27.6		$	(1.8)	$	12.5	Cost of goods sold
Interest rate swap agreements	—			(1.5)		—		SG&A expenses (1)
Interest rate swap agreements	—			(3.0)		(11.0)		Interest expense
Less: Tax effect	7.4			(3.7)		(1.2)		Income tax expense (benefit)
Total, net of tax	$	20.2		$	(2.6)	$	2.7

Foreign currency translation adjustments:
Karl Lagerfeld transaction	$	(3.4)	(2)	$	—	$	—	Equity in net income (loss) of unconsolidated affiliates
Less: Tax effect	—			—		—		Income tax expense (benefit)
Total, net of tax	$	(3.4)		$	—	$	—

(1) The Company dedesignated certain cash flow hedges related to its interest rate swap agreements during 2021. Please see Note 10, “Derivative Financial Instruments,” for further discussion.

(2) Foreign currency translation adjustment losses were reclassified from AOCL during the second quarter of 2022 in connection with the Karl Lagerfeld transaction. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion.

LEASES

12 Months Ended

Jan. 29, 2023

Leases [Abstract]

LEASES

The components of the net lease cost were as follows:



(In millions)	Line Item in the Company’s Consolidated Statements of Operations	2022		2021		2020
Finance lease cost:
Amortization of right-of-use-assets	SG&A expenses (depreciation and amortization)	$	4.2	$	4.9	$	5.2
Interest on lease liabilities	Interest expense	0.2		0.3		0.4
Total finance lease cost		4.4		5.2		5.6
Operating lease cost	SG&A expenses	401.4		451.8		477.8
Short-term lease cost	SG&A expenses	35.9		32.1		28.9
Variable lease cost	SG&A expenses	116.2		100.5		71.7
Less: sublease income	SG&A expenses	(4.7)		(1.5)		(1.3)
Total net lease cost		$	553.2	$	588.1	$	582.7

The Company has sought concessions from landlords for certain of its stores affected by temporary closures as a result of the COVID-19 pandemic in the form of rent deferrals or rent abatements. Consistent with updated guidance issued by the FASB in April 2020, the Company elected to treat COVID-19 related rent concessions as though enforceable rights and obligations for those concessions existed in the original contract. As such, rent abatements negotiated with landlords are recorded as a reduction to variable lease expense included in SG&A expenses in the Company’s Consolidated Statements of Operations. The Company recorded $4.8 million, $26.9 million and $50.3 million of rent abatements during 2022, 2021 and 2020, respectively. Rent deferrals have no impact to lease expense and amounts deferred and payable in future periods are included in the current portion of operating lease liabilities in the Company’s Consolidated Balance Sheets.

Supplemental balance sheet information related to leases was as follows:


(In millions)	Line Item in the Company’s Consolidated Balance Sheets	2022		2021
Right-of-use assets:
Operating lease	Operating lease right-of-use assets	$	1,295.7	$	1,349.0
Finance lease	Property, plant and equipment, net	10.9		8.1
		$	1,306.6	$	1,357.1
Current lease liabilities:
Operating lease	Current portion of operating lease liabilities	$	353.7	$	375.4
Finance lease	Accrued expenses	4.5		4.0
		$	358.2	$	379.4
Other lease liabilities:
Operating lease	Long-term portion of operating lease liabilities	$	1,140.0	$	1,214.4
Finance lease	Other liabilities	7.3		5.2
		$	1,147.3	$	1,219.6

Operating lease right-of-use assets with a carrying amount of $30.4 million were written down to a fair value of $3.0 million during 2022 primarily in connection with the Company’s decision in the second quarter of 2022 to exit from its Russia business, and the financial performance in certain of the Company’s retail stores. The $27.4 million of impairment charges were included in SG&A expenses in the Company’s Consolidated Statement of Operations. Please see Note 11, “Fair Value Measurements,” for further discussion of the noncash impairment charges related to the Company’s operating lease right-of-use assets.

Operating lease right-of-use assets with a carrying amount of $35.5 million were written down to a fair value of $14.3 million during 2021 primarily as a result of actions taken by the Company to reduce its real estate footprint, including reductions in office space, and the financial performance in certain of the Company’s retail stores. The $21.2 million of impairment charges were included in SG&A expenses in the Company’s Consolidated Statement of Operations. Please see Note 11, “Fair Value Measurements,” for further discussion of the noncash impairment charges related to the Company’s operating lease right-of-use assets.

Supplemental cash flow information related to leases was as follows:



(In millions)	2022		2021		2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	450.8	$	484.0	$	396.1
Operating cash flows from finance leases	0.2		0.3		0.4
Financing cash flows from finance leases	4.7		5.2		5.5
Noncash transactions:
Right-of-use assets obtained in exchange for new operating lease liabilities	338.6		267.3		247.3
Right-of-use assets obtained in exchange for new finance lease liabilities	8.2		2.6		4.0

The following summarizes the weighted average remaining lease terms and weighted average discount rates related to the Company’s right-of-use assets and lease liabilities recorded on the balance sheet:



	2022		2021
Weighted average remaining lease term (years):
Operating leases	6.13		6.25
Finance leases	3.19		2.51
Weighted average discount rate:
Operating leases	4.10	%	3.81	%
Finance leases	2.09	%	1.48	%

At January 29, 2023, the maturities of the Company’s lease liabilities were as follows:


(In millions)	Finance Leases		Operating Leases		Total
2023	$	4.7	$	405.3	$	410.0
2024	3.7		319.0		322.7
2025	2.6		243.9		246.5
2026	1.1		194.4		195.5
2027	—		161.1		161.1
Thereafter	—		382.4		382.4
Total lease payments	$	12.1	$	1,706.1	$	1,718.2
Less: Interest	(0.3)		(212.4)		(212.7)
Total lease liabilities	$	11.8	$	1,493.7	$	1,505.5

The Company’s lease liabilities exclude $45.0 million of future lease payment obligations related to leases for various retail store leases that were entered into but did not commence as of January 29, 2023. These leases commenced or will commence in 2023.

EXIT ACTIVITY COSTS

12 Months Ended

Jan. 29, 2023

EXIT ACTIVITY COSTS [Abstract]

EXIT ACTIVITY COSTS

2022 Cost Savings Initiative

The Company announced in August 2022 it would be taking steps to streamline its organization and simplify its ways of working. The Company plans to reduce people costs in its global offices by approximately 10% by the end of 2023 to drive efficiencies and enable continued strategic investments to fuel growth, including in digital, supply chain and consumer engagement. The Company expects these reductions will generate annual cost savings of over $100 million, net of continued strategic people investments. In connection with this initiative, the Company recorded pre-tax costs during 2022 related to initial actions taken under the plan, as shown in the following table. The Company expects to incur additional costs in connection with this initiative, however the additional costs are not known at this time.


(In millions)	Costs Incurred During 2022
Severance, termination benefits and other employee costs	$	20.2

Of the charges incurred during 2022, $4.7 million relate to SG&A expenses of the Tommy Hilfiger North America segment, $2.5 million relate to SG&A expenses of the Tommy Hilfiger International segment, $4.6 million relate to SG&A expenses of the Calvin Klein North America segment, $3.5 million relate to SG&A expenses of the Calvin Klein International segment, $2.6 million relate to SG&A expenses of the Heritage Brands Wholesale segment and $2.3 million relate to corporate SG&A expenses not allocated to any reportable segment. Please see Note 20, “Segment Data,” for further discussion of the Company’s reportable segments.

The liabilities at January 29, 2023 related to these costs were principally recorded in accrued expenses in the Company’s Consolidated Balance Sheet and were as follows:


(In millions)	Liability at 1/30/22		Costs Incurred During 2022		Costs Paid During 2022		Liability at 1/29/23
Severance, termination benefits and other employee costs	$	—	$	20.2	$	7.0	$	13.2

Russia Business Exit Costs

As a result of the war in Ukraine, the Company made the decision in the second quarter of 2022 to exit from its Russia business, including the closure of its retail stores in Russia and the cessation of its wholesale operations in Russia and Belarus. In connection with this exit, the Company recorded pre-tax costs during 2022 as shown in the following table. All expected costs related to the exit from the Russia business were incurred during 2022.


(In millions)	Costs Incurred During 2022
Severance, termination benefits and other employee costs	$	2.1
Long-lived asset impairments	43.6
Gain on lease terminations, net of contract termination and other costs (1)	(2.7)
Total	$	43.0

(1) Gain on lease terminations, net of contract termination and other costs includes a $7.5 million gain related to the early termination of certain store lease agreements in Russia recorded during the fourth quarter of 2022 and $4.8 million of contract termination and other costs recorded during the second quarter of 2022.

Of the charges incurred during 2022, $31.6 million relate to SG&A expenses of the Tommy Hilfiger International segment and $11.4 million relate to SG&A expenses of the Calvin Klein International segment. Please see Note 20, “Segment Data,” for further discussion of the Company’s reportable segments.

Please see Note 11, “Fair Value Measurements,” for further discussion of the long-lived asset impairments recorded during 2022.

The liabilities at January 29, 2023 related to these costs were principally recorded in accrued expenses in the Company’s Consolidated Balance Sheet and were as follows:


(In millions)	Liability at 1/30/22		Costs Incurred During 2022		Costs Paid During 2022		Liability at 1/29/23
Severance, termination benefits and other employee costs	$	—	$	2.1	$	1.7	$	0.4
Contract termination and other costs	—		4.8		4.3		0.5
Total	$	—	$	6.9	$	6.0	$	0.9

2021 Reductions in Workforce and Real Estate Footprint

The Company announced in March 2021 plans to streamline its organization through reductions in its workforce, primarily in certain international markets, and to reduce its real estate footprint, including reductions in office space and select store closures, which resulted in annual cost savings of approximately $60 million. In connection with these activities, the Company recorded pre-tax costs during 2021 as shown in the following table. All expected costs related to the 2021 reductions in workforce and real estate footprint were incurred by the end of 2021.


(In millions)	Costs Incurred During 2021
Severance, termination benefits and other employee costs	$	15.7
Long-lived asset impairments	28.1
Contract termination and other costs	3.8
Total	$	47.6

Of the charges incurred during 2021, $1.7 million relate to SG&A expenses of the Tommy Hilfiger North America segment, $8.9 million relate to SG&A expenses of the Tommy Hilfiger International segment, $2.1 million relate to SG&A expenses of the Calvin Klein North America segment, $6.4 million relate to SG&A expenses of the Calvin Klein International segment and $28.5 million relate to corporate SG&A expenses not allocated to any reportable segment. Please see Note 20, “Segment Data,” for further discussion of the Company’s reportable segments.

Please see Note 11, “Fair Value Measurements,” for further discussion of the long-lived asset impairments recorded during 2021.

The liabilities at January 29, 2023 related to these costs were principally recorded in accrued expenses in the Company’s Consolidated Balance Sheet and were as follows:


(In millions)	Liability at 1/30/22		Costs Incurred During 2022		Costs Paid During 2022		Liability at 1/29/23
Severance, termination benefits and other employee costs	$	6.2	$	—	$	3.4	$	2.8

Heritage Brands Retail Exit Costs

The Company announced in July 2020 plans to streamline its North American operations to better align its business with the evolving retail landscape, including the exit from its Heritage Brands Retail business, which consisted of 162 directly operated stores in North America and was substantially completed in the second quarter of 2021. In connection with the exit

from the Heritage Brands Retail business, the Company recorded pre-tax costs during 2020 and 2021 as shown in the following table. All expected costs related to the exit from the Heritage Brands Retail business were incurred by the end of 2021.


(In millions)	Costs Incurred During 2020		Costs Incurred During 2021		Cumulative Costs Incurred
Severance, termination benefits and other employee costs	$	14.6	$	10.8	$	25.4
Long-lived asset impairments	7.2		—		7.2
Accelerated amortization of lease assets	7.2		5.9		13.1
Contract termination and other costs	—		4.4		4.4
Total	$	29.0	$	21.1	$	50.1

The costs incurred during 2020 and 2021 relate to SG&A expenses of the Heritage Brands Retail segment. Please see Note 20, “Segment Data,” for further discussion of the Company’s reportable segments.

Please see Note 11, “Fair Value Measurements,” for further discussion of the long-lived asset impairments recorded during 2020.

The liabilities related to these costs were principally recorded in accrued expenses in the Company’s Consolidated Balance Sheet and were as follows:


(In millions)	Liability at 1/30/22		Costs Incurred During 2022		Costs Paid During 2022		Liability at 1/29/23
Severance, termination benefits and other employee costs	$	3.5	$	—	$	3.5	$	—
Contract termination and other costs	2.4		—		2.4		—
Total	$	5.9	$	—	$	5.9	$	—

North America Office Workforce Reduction

The Company also announced in July 2020 a reduction in its office workforce by approximately 450 positions, or 12%, across all three brand businesses and corporate functions (the “North America workforce reduction”). In connection with the North America workforce reduction, the Company recorded pre-tax costs of $39.7 million during 2020, which consisted of severance, termination benefits and other employee costs. All expected costs related to the North America workforce reduction were incurred by the end of 2020.

Of the costs incurred during 2020, $3.0 million relates to special termination benefits included in non-service related pension and postretirement income and $36.7 million relates to SG&A expenses. Please see Note 12, “Retirement and Benefit Plans,” for further discussion of the special termination benefits. Of the above charges incurred during 2020, $12.5 million relate to the Heritage Brands Wholesale segment, $10.9 million relate to the Tommy Hilfiger North America segment, $10.5 million relate to the Calvin Klein North America segment and $5.8 million relate to corporate expenses not allocated to any reportable segment. Please see Note 20, “Segment Data,” for further discussion of the Company’s reportable segments.

The liabilities related to these costs were substantially paid as of January 30, 2022.

NET INCOME (LOSS) PER COMMON SHARE

12 Months Ended

Jan. 29, 2023

Earnings Per Share [Abstract]

NET INCOME (LOSS) PER COMMON SHARE

The Company computed its basic and diluted net income (loss) per common share as follows:


(In millions, except per share data)	2022		2021		2020
Net income (loss) attributable to PVH Corp.	$	200.4	$	952.3	$	(1,136.1)

Weighted average common shares outstanding for basic net income (loss) per common share	65.7		70.8		71.2
Weighted average impact of dilutive securities	0.5		1.1		—
Total shares for diluted net income (loss) per common share	66.2		71.9		71.2

Basic net income (loss) per common share attributable to PVH Corp.	$	3.05	$	13.45	$	(15.96)

Diluted net income (loss) per common share attributable to PVH Corp.	$	3.03	$	13.25	$	(15.96)

Potentially dilutive securities excluded from the calculation of diluted net income (loss) per common share as the effect would be anti-dilutive were as follows:


(In millions)	2022	2021	2020
Weighted average potentially dilutive securities	1.4	0.7	2.4

Diluted net loss per common share attributable to PVH Corp. for the year ended January 31, 2021 excluded all potentially dilutive securities because there was a net loss attributable to PVH Corp. for the period and, as such, the inclusion of these securities would have been anti-dilutive.

Shares underlying contingently issuable awards that have not met the necessary conditions as of the end of a reporting period are not included in the calculation of diluted net income (loss) per common share for that period. The Company had contingently issuable PSU awards outstanding that did not meet the performance conditions as of January 29, 2023, January 30, 2022 and January 31, 2021 and, therefore, were excluded from the calculation of diluted net income (loss) per common share for each applicable year. The maximum number of potentially dilutive shares that could be issued upon vesting for such awards was 0.2 million as of January 29, 2023, January 30, 2022 and January 31, 2021. These amounts were also excluded from the computation of weighted average potentially dilutive securities in the table above.

SUPPLEMENTAL CASH FLOW INFORMATION	12 Months Ended
SUPPLEMENTAL CASH FLOW INFORMATION	Jan. 29, 2023
Notes to Financial Statements [Abstract]
Cash Flow, Supplemental Disclosures	SUPPLEMENTAL CASH FLOW INFORMATION Omitted from the Company’s Consolidated Statement of Cash Flows for 2022 were capital expenditures related to property, plant and equipment of $39.4 million, which will not be paid until 2023. The Company paid $45.9 million in cash during 2022 related to property, plant and equipment that was acquired in 2021. This amount was omitted from the Company’s Consolidated Statement of Cash Flows for 2021. The Company paid $32.1 million in cash during 2021 related to property, plant and equipment that was acquired in 2020. This amount was omitted from the Company’s Consolidated Statement of Cash Flows for 2020. Omitted from acquisition of treasury shares in the Company’s Consolidated Statement of Cash Flows for 2021 was $6.0 million of shares repurchased under the stock repurchase program for which the trades occurred but remained unsettled as of the end of the period. The Company recorded a loss of $1.3 million during 2022 to write-off previously capitalized debt issuance costs in connection with the refinancing of its senior credit facilities.

SEGMENT DATA

12 Months Ended

Jan. 29, 2023

Segment Reporting [Abstract]

SEGMENT DATA

SEGMENT DATAThe Company manages its operations through its operating divisions, which are presented as its reportable segments: (i) Tommy Hilfiger North America; (ii) Tommy Hilfiger International; (iii) Calvin Klein North America; (iv) Calvin Klein International; (v) Heritage Brands Wholesale; and, (vi) through the second quarter of 2021, Heritage Brands Retail. The Company’s Heritage Brands Retail segment has ceased operations.

Tommy Hilfiger North America Segment - This segment consists of the Company’s Tommy Hilfiger North America division. This segment derives revenue principally from (i) marketing TOMMY HILFIGER branded apparel and related products at wholesale in the United States and Canada, primarily to department stores and off-price and independent retailers, as well as digital commerce sites operated by department store customers and pure play digital commerce retailers; (ii) operating retail stores, which are primarily located in premium outlet centers in the United States and Canada, and a digital commerce site in the United States, which sells TOMMY HILFIGER branded apparel, accessories and related products; and (iii) licensing and similar arrangements relating to the use by third parties of the TOMMY HILFIGER brand names for a broad range of product categories in North America. This segment also includes the Company’s proportionate share of the net income or loss of its investments in its unconsolidated affiliate in Mexico and its unconsolidated PVH Legwear affiliate relating to each affiliate’s Tommy Hilfiger business.

Tommy Hilfiger International Segment - This segment consists of the Company’s Tommy Hilfiger International division. This segment derives revenue principally from (i) marketing TOMMY HILFIGER branded apparel and related products at wholesale principally in Europe, Asia and Australia, primarily to department and specialty stores, and digital commerce sites operated by department store customers and pure play digital commerce retailers, as well as through distributors and franchisees; (ii) operating retail stores, concession locations and digital commerce sites in Europe, Asia and Australia, which sell TOMMY HILFIGER branded apparel, accessories and related products; and (iii) licensing and similar arrangements relating to the use by third parties of the TOMMY HILFIGER brand names for a broad range of product categories outside of North America. This segment also includes the Company’s proportionate share of the net income or loss of its investments in its unconsolidated affiliate in Brazil and its unconsolidated affiliate in India relating to each affiliate’s Tommy Hilfiger business.

Calvin Klein North America Segment - This segment consists of the Company’s Calvin Klein North America division. This segment derives revenue principally from (i) marketing Calvin Klein branded apparel and related products at wholesale in the United States and Canada, primarily to warehouse clubs, department and specialty stores, and off-price and independent retailers, as well as digital commerce sites operated by department store customers and pure play digital commerce retailers; (ii) operating retail stores, which are primarily located in premium outlet centers in the United States and Canada, and a digital commerce site in the United States, which sells Calvin Klein branded apparel, accessories and related products; and (iii) licensing and similar arrangements relating to the use by third parties of the Calvin Klein brand names for a broad range of product categories in North America. This segment also includes the Company’s proportionate share of the net income or loss of its investments in its unconsolidated affiliate in Mexico and its unconsolidated PVH Legwear affiliate relating to each affiliate’s Calvin Klein business.

Calvin Klein International Segment - This segment consists of the Company’s Calvin Klein International division. This segment derives revenue principally from (i) marketing Calvin Klein branded apparel and related products at wholesale principally in Europe, Asia, Brazil and Australia, primarily to department and specialty stores, and digital commerce sites operated by department store customers and pure play digital commerce retailers, as well as through distributors and franchisees; (ii) operating retail stores, concession locations and digital commerce sites in Europe, Asia, Brazil and Australia, which sell Calvin Klein branded apparel, accessories and related products; and (iii) licensing and similar arrangements relating to the use by third parties of the Calvin Klein brand names for a broad range of product categories outside of North America. This segment also includes the Company’s proportionate share of the net income or loss of its investment in its unconsolidated affiliate in India relating to the affiliate’s Calvin Klein business.

Heritage Brands Wholesale Segment - This segment consists of the Company’s Heritage Brands Wholesale division. This segment derives revenue primarily from the marketing to department, chain and specialty stores, warehouse clubs, mass market, and off-price retailers (in stores and online), as well as pure play digital commerce retailers primarily in North America of (i) women’s intimate apparel under the Warner’s, Olga and True&Co. brands; (ii) men’s underwear under the Nike brand, which is licensed, (iii) men’s dress shirts and neckwear under the Van Heusen brand, as well as under various licensed brand names; (iv) men’s sportswear, bottoms and outerwear principally under the Van Heusen, IZOD and ARROW trademarks until August 2, 2021, when the Company completed the Heritage Brands transaction, and (v) swimwear and swim-related products and accessories under the Speedo trademark until April 6, 2020, when the Company completed the sale of its Speedo North America business to Pentland. Please see Note 3, “Acquisitions and Divestitures,” for further discussion of the Speedo and Heritage Brands transactions. This segment also derived revenue from Company operated digital commerce sites in the United States for Van Heusen and IZOD, which ceased operations during the third quarter of 2021 in connection with the Heritage Brands transaction, and until April 6, 2020 for Speedo. This segment also includes the Company’s proportionate share of the net income or loss of its investments in its unconsolidated affiliate in Mexico and its unconsolidated PVH Legwear affiliate relating to each affiliate’s business under various owned and licensed brand names.

Heritage Brands Retail Segment - This segment consisted of the Company’s Heritage Brands Retail division. This segment derived revenue principally from operating retail stores, primarily located in outlet centers throughout the United States and Canada through which the Company marketed a selection of Van Heusen, IZOD and Warner’s apparel, accessories and related products directly to consumers. The Company announced in July 2020 a plan to exit its Heritage Brands Retail business, which was substantially completed in the second quarter of 2021. As a result, the Company’s Heritage Brands Retail segment has ceased operations. Please see Note 17, “Exit Activity Costs,” for further discussion.

The Company’s revenue by segment was as follows:


(In millions)	2022		(1)(2)	2021		(1)(2)	2020		(1)(2)
Revenue – Tommy Hilfiger North America
Net sales	$	1,185.0		$	1,086.0		$	901.2
Royalty revenue	86.0			79.0			53.7
Advertising and other revenue	21.7			19.8			13.9
Total	1,292.7			1,184.8			968.8

Revenue – Tommy Hilfiger International
Net sales	3,282.1			3,446.6			2,615.6
Royalty revenue	61.9			56.8			40.1
Advertising and other revenue	20.7			15.5			11.9
Total	3,364.7			3,518.9			2,667.6

Revenue – Calvin Klein North America
Net sales	1,205.6			1,129.5			826.8
Royalty revenue	170.1			145.6			99.8
Advertising and other revenue	54.7			46.6			29.0
Total	1,430.4			1,321.7			955.6

Revenue – Calvin Klein International
Net sales	2,290.3			2,283.1			1,614.6
Royalty revenue	53.1			48.3			52.2
Advertising and other revenue	9.6			7.2			15.9
Total	2,353.0			2,338.6			1,682.7

Revenue – Heritage Brands Wholesale
Net sales	581.9			702.9			703.1
Royalty revenue	0.9			10.4			12.3
Advertising and other revenue	0.6			1.8			2.5
Total	583.4			715.1			717.9

Revenue – Heritage Brands Retail
Net sales	—			75.6			137.4
Royalty revenue	—			—			2.3
Advertising and other revenue	—			—			0.3
Total	—			75.6			140.0

Total Revenue
Net sales	8,544.9			8,723.7			6,798.7
Royalty revenue	372.0			340.1			260.4
Advertising and other revenue	107.3			90.9			73.5
Total(3)	$	9,024.2		$	9,154.7		$	7,132.6

(1) Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.

(2) Revenue in 2020 was significantly negatively impacted by the COVID-19 pandemic, including as a result of reduced traffic and consumer spending trends, and temporary store closures for varying periods of time throughout the year. The Company’s wholesale customers and licensing partners also experienced significant business disruptions as a result of the pandemic, resulting in a decrease in the Company’s revenue from these channels. Revenue in 2021 and 2022 continued to be negatively impacted by the pandemic and related supply chain and logistics disruptions, although to a much lesser extent than in 2020.

(3) No single customer accounted for more than 10% of the Company’s revenue in 2022, 2021 or 2020.

The Company’s revenue by distribution channel was as follows:


(In millions)	2022		(1)(2)	2021		(1)(2)	2020		(1)(2)
Wholesale net sales	$	4,704.0		$	4,860.9		$	3,534.8

Owned and operated retail stores	3,118.2			3,087.1			2,586.5
Owned and operated digital commerce sites	722.7			775.7			677.4
Retail net sales	3,840.9			3,862.8			3,263.9
Net sales	8,544.9			8,723.7			6,798.7

Royalty revenue	372.0			340.1			260.4
Advertising and other revenue	107.3			90.9			73.5
Total	$	9,024.2		$	9,154.7		$	7,132.6

(1) Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.

The Company has not disclosed net sales by product category as it is impracticable to do so.

The Company’s income (loss) before interest and taxes by segment was as follows:


(In millions)	2022		(1)	2021		(1)	2020		(1)(2)
(Loss) income before interest and taxes – Tommy Hilfiger North America	$	(175.4)	(4)(5)	$	21.2	(8)	$	(130.5)	(11)(12)

Income before interest and taxes – Tommy Hilfiger International	514.8		(5)(6)	654.2		(8)	259.5		(12)

(Loss) income before interest and taxes – Calvin Klein North America	(81.9)		(4)(5)	78.0		(8)	(384.5)		(11)(12)(13)

Income (loss) before interest and taxes – Calvin Klein International	252.6		(4)(5)(6)	377.6		(8)	(280.0)		(12)(13)

Income (loss) before interest and taxes – Heritage Brands Wholesale	47.4		(5)	160.9		(9)	(312.5)		(11)(13)

Loss before interest and taxes – Heritage Brands Retail	—			(33.9)		(10)	(93.4)		(10)(12)

Loss before interest and taxes – Corporate(3)	(86.8)		(5)(7)	(181.1)		(8)	(130.3)		(11)(14)

Income (loss) before interest and taxes	$	470.7		$	1,076.9		$	(1,071.7)

(1)Income (loss) before interest and taxes was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.

(2)Loss before interest and taxes in 2020 was significantly adversely impacted by the COVID-19 pandemic, including as a result of the unprecedented material decline in revenue noted above. As well, loss before interest and taxes in 2020 was significantly adversely impacted by $1.0 billion of noncash impairment charges related to goodwill, tradenames, and other intangible assets, store assets and an equity method investment resulting from the significant adverse impacts of the COVID-19 pandemic on the Company’s business. Please see notes (12), (13) and (14) below for further discussion.

(3)Includes corporate expenses not allocated to any reportable segments, the results of PVH Ethiopia (through the closure of the Ethiopia factory in the fourth quarter of 2021) and the Company’s proportionate share of the net income or loss of its investment in Karl Lagerfeld prior to the closing of the Karl Lagerfeld transaction in the second quarter of 2022. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion of the Company’s investment in Karl Lagerfeld and Note 6, “Redeemable Non-Controlling Interest,” for further discussion of PVH Ethiopia. Corporate expenses represent overhead operating expenses and include expenses for senior corporate management, corporate finance, information technology related to corporate infrastructure, certain digital investments, certain corporate responsibility initiatives, certain global strategic initiatives and actuarial gains and losses on the Company’s Pension Plans, SERP Plans and Postretirement Plans. Actuarial gains on the Company’s Pension Plans, SERP Plans and Postretirement Plans totaled $78.4 million, $48.7 million and $64.5 million in 2022, 2021 and 2020, respectively.

(4)(Loss) income before interest and taxes for 2022 included a noncash goodwill impairment charge of $417.1 million. The $417.1 million goodwill impairment charge was included in the Company’s segments as follows: $177.2 million in Tommy Hilfiger North America, $162.6 million in Calvin Klein North America and $77.3 million in Calvin Klein International. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion.

(5)(Loss) income before interest and taxes for 2022 included costs of $20.2 million incurred related to the cost savings initiative described in Note 17, “Exit Activity Costs,” consisting of severance. Such costs were included in the Company’s segments as follows: $4.7 million in Tommy Hilfiger North America, $2.5 million in Tommy Hilfiger International, $4.6 million in Calvin Klein North America, $3.5 million in Calvin Klein International, $2.6 million in Heritage Brands Wholesale and $2.3 in corporate expenses not allocated to any reportable segments. Please see Note 17, “Exit Activity Costs,” for further discussion.

(6)Income before interest and taxes for 2022 included net costs of $43.0 million incurred in connection with the Company’s decision to exit from its Russia business, principally consisting of noncash asset impairments. Such costs were included in the Company’s segments as follows: $31.6 million in Tommy Hilfiger International and $11.4 million in Calvin Klein International. Please see Note 17, “Exit Activity Costs,” for further discussion.

(7)Loss before interest and taxes for 2022 included a gain of $16.1 million in connection with the Karl Lagerfeld transaction. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion.

(8)Income (loss) before interest and taxes for 2021 included costs of $47.6 million incurred in connection with actions to streamline the Company’s organization through reductions in its workforce, primarily in certain international markets, and to reduce its real estate footprint, including reductions in office space and select store closures, consisting of noncash asset impairments, severance, and contract termination and other costs. Such costs were included in the Company’s segments as follows: $1.7 million in Tommy Hilfiger North America, $8.9 million in Tommy Hilfiger International, $2.1 million in Calvin Klein North America, $6.4 million in Calvin Klein International and $28.5 million in corporate expenses not allocated to any reportable segments. Please see Note 17, “Exit Activity Costs,” for further discussion.

(9)Income before interest and taxes for 2021 included an aggregate net gain of $113.4 million in connection with the Heritage Brands transaction, consisting of (i) a $118.9 million gain, including a gain on the sale, less costs to sell, and a net gain on the Company’s retirement plans associated with the transaction, partially offset by (ii) $5.5 million of severance costs. Please see Note 3, “Acquisitions and Divestitures,” for further discussion.

(10)Loss before interest and taxes for 2021 and 2020 included costs and operating losses, as well as noncash asset impairments in 2020, associated with the wind down of the Heritage Brands Retail business that was completed in 2021. Please see Note 17, “Exit Activity Costs,” for further discussion.

(11)Loss before interest and taxes for 2020 included costs of $39.7 million incurred in connection with the North America workforce reduction, primarily consisting of severance. Such costs were included in the Company’s segments as follows: $10.9 million in Tommy Hilfiger North America, $10.5 million in Calvin Klein North America, $12.5 million in Heritage Brands Wholesale, and $5.8 million in corporate expenses not allocated to any reportable segments. Please see Note 17, “Exit Activity Costs,” for further discussion.

(12)(Loss) income before interest and taxes for 2020 included noncash impairment charges of $74.7 million related to the Company’s store assets. The $74.7 million of impairment charges were included in the Company’s segments as follows: $6.0 million in Tommy Hilfiger North America, $30.0 million in Tommy Hilfiger International, $14.2 million in Calvin Klein North America, $20.7 million in Calvin Klein International and $3.8 million in Heritage Brands Retail. Please see Note 11, “Fair Value Measurements,” for further discussion.

(13)Loss before interest and taxes for 2020 included noncash impairment charges of $933.5 million, primarily related to goodwill, tradenames and other intangible assets. The $933.5 million of impairment charges were included in the

Company’s segments as follows: $289.9 million in Calvin Klein North America, $394.0 million in Calvin Klein International and $249.6 million in Heritage Brands Wholesale. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion.

(14)Loss before interest and taxes for 2020 included a noncash impairment charge of $12.3 million related to the Company’s equity method investment in Karl Lagerfeld. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion.

Intersegment transactions, which primarily consist of transfers of inventory, are not material.

The Company’s identifiable assets, depreciation and amortization, and identifiable capital expenditures by segment were as follows:


(In millions)	2022		2021		2020
Identifiable Assets(1)(2)
Tommy Hilfiger North America	$	1,296.3	$	1,409.8	$	1,447.9
Tommy Hilfiger International	4,875.4		4,913.2		5,295.3
Calvin Klein North America	1,527.2		1,609.8		1,522.6
Calvin Klein International	3,099.7		3,164.0		3,016.8
Heritage Brands Wholesale(3)	410.4		420.0		547.9
Heritage Brands Retail(4)	—		—		74.2
Corporate(5)	559.3		880.0		1,388.8
Total	$	11,768.3	$	12,396.8	$	13,293.5
Depreciation and Amortization
Tommy Hilfiger North America	$	30.5	$	32.5	$	38.1
Tommy Hilfiger International	125.0		130.2		131.8
Calvin Klein North America	29.6		31.6		30.8
Calvin Klein International	94.3		94.9		97.0
Heritage Brands Wholesale	10.7		11.2		11.5
Heritage Brands Retail	—		0.3		3.5
Corporate	11.4		12.6		13.1
Total	$	301.5	$	313.3	$	325.8
Identifiable Capital Expenditures(6)
Tommy Hilfiger North America	$	14.5	$	19.2	$	21.7
Tommy Hilfiger International	140.9		138.4		100.6
Calvin Klein North America	14.4		22.6		18.7
Calvin Klein International	103.7		85.7		54.2
Heritage Brands Wholesale	6.6		10.9		14.9
Heritage Brands Retail	—		—		0.7
Corporate	3.5		4.9		8.4
Total	$	283.6	$	281.7	$	219.2

(1)Identifiable assets included the impact of changes in foreign currency exchange rates.

(2)Identifiable assets in 2022 included a reduction of $417.1 million related to the noncash goodwill impairment. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion.

(3)Identifiable assets in 2021 included a reduction of $99.4 million related to the Heritage Brands transaction. Please see Note 3, “Acquisitions and Divestitures,” for further discussion.

(4)As a result of the exit from the Heritage Brands Retail business in 2021, the Company’s Heritage Brands Retail segment has ceased operations.

(5)The changes in Corporate identifiable assets in 2022 and 2021 were primarily due to changes in cash and cash equivalents.

(6)Capital expenditures in 2022 included $39.4 million of accruals that will not be paid until 2023. Capital expenditures in 2021 included $45.9 million of accruals that were not paid until 2022. Capital expenditures in 2020 included $32.1 million of accruals that were not paid until 2021.

Property, plant and equipment, net based on the location where such assets are held, was as follows:


(In millions)	2022 (1)		2021 (1)		2020 (1)
Domestic	$	384.3	$	429.0	$	466.3
Canada	10.4		13.8		19.3
Europe	406.4		378.7		374.7
Asia-Pacific	101.1		82.8		73.8
Other foreign	1.8		1.8		8.6
Total	$	904.0	$	906.1	$	942.7

(1)Property, plant and equipment, net included the impact of changes in foreign currency exchange rates.

Revenue, based on location of origin, was as follows:


(In millions)	2022 (1)(2)		2021 (1)(2)		2020 (1)(2)
Domestic(3)	$	2,854.9	$	2,894.7	$	2,460.0
Canada(3)	347.6		313.3		262.2
Europe	4,204.0		4,392.3		3,154.3
Asia-Pacific	1,492.3		1,454.4		1,189.6
Other foreign	125.4		100.0		66.5
Total	$	9,024.2	$	9,154.7	$	7,132.6

(1)Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.

(2)Revenue in 2020 was significantly negatively impacted by the COVID-19 pandemic, including as a result of reduced traffic and consumer spending trends, and temporary store closures for varying periods of time throughout the year. The Company’s wholesale customers and licensing partners also experienced significant business disruptions as a result of the pandemic, resulting in a decrease in the Company’s revenue from these channels. Revenue in 2021 and 2022 continued to be negatively impacted by the pandemic and related supply chain and logistics disruptions, although to a much lesser extent than in 2020.

(3)Revenue in 2021 and 2022 was negatively impacted by the Heritage Brands transaction and the exit from the Heritage Brands Retail business.

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

GUARANTEES	12 Months Ended
GUARANTEES	Jan. 29, 2023
Guarantees [Abstract]
GUARANTEES	GUARANTEES The Company has guaranteed a portion of the debt of its joint venture in India. The maximum amount guaranteed as of January 29, 2023 was approximately $9.1 million based on exchange rates in effect on that date. The guarantee is in effect for the entire term of the debt. The liability for this guarantee obligation was immaterial as of January 29, 2023 and January 30, 2022. The Company has guaranteed to a financial institution the repayment of store security deposits in Japan paid to landlords on behalf of the Company. The amount guaranteed as of January 29, 2023 was approximately $4.9 million based on exchange rates in effect on that date. The Company has the right to seek recourse from the landlords for the full amount. The guarantees expire between 2023 and 2028. The liability for these guarantee obligations was immaterial as of January 29, 2023 and January 30, 2022. The Company has guaranteed the payment of amounts on behalf of certain other parties, none of which are material individually or in the aggregate.

OTHER COMMENTS

12 Months Ended

Jan. 29, 2023

Other Comments [Abstract]

OTHER COMMENTS

Asset Retirement Liabilities

The Company’s asset retirement liabilities are included in accrued expenses and other liabilities in the Company’s Consolidated Balance Sheets and relate to the Company’s obligation to dismantle or remove leasehold improvements from leased office, retail store or warehouse locations at the end of a lease term in order to restore a facility to a condition specified in the lease agreement. The Company records the fair value of the liability for asset retirement obligations in the period in which it is legally or contractually incurred. Upon initial recognition of the asset retirement liability, an asset retirement cost is capitalized by increasing the carrying amount of the asset by the same amount as the liability. In periods subsequent to initial measurement, the asset retirement cost is recognized as expense through depreciation over the asset’s useful life. Changes in the liability for the asset retirement obligations are recognized for the passage of time and revisions to either the timing or the amount of estimated cash flows. Accretion expense is recognized in SG&A expenses for the impacts of increasing the discounted fair value to its estimated settlement value.

The following table presents the activity related to the Company’s asset retirement liabilities, included in accrued expenses and other liabilities in the Company’s Consolidated Balance Sheets, for each of the last two years:


(In millions)	2022		2021
Balance at beginning of year	$	45.6	$	45.4

Liabilities incurred	4.1		4.0
Liabilities settled (payments)	(5.6)		(3.2)
Accretion expense	0.6		0.4
Revisions in estimated cash flows	1.8		1.2
Currency translation adjustment	(1.8)		(2.2)
Balance at end of year	$	44.7	$	45.6

Litigation

The Company is a party to certain litigation which, in management’s judgment, based in part on the opinions of legal counsel, will not have a material adverse effect on the Company’s financial position.

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Jan. 29, 2023

VALUATION AND QUALIFYING ACCOUNTS

(In millions)


Column A	Column B		Column C				Column D			Column E
			Additions Charged to Costs and Expenses		Additions Charged to Other Accounts
	Balance at Beginning of Period									Balance at End of Period

Description							Deductions
Year Ended January 29, 2023
Allowance for credit losses	$	61.9	$	2.9	$	—	$	22.2	(1)	$	42.6
Allowance/accrual for operational chargebacks and customer markdowns	133.7		243.3		—		256.1			120.9
Valuation allowance for deferred income tax assets	69.3		19.5		—		15.9			72.9
Year Ended January 30, 2022
Allowance for credit losses	$	69.6	$	—	$	—	$	7.7	(2)	$	61.9
Allowance/accrual for operational chargebacks and customer markdowns	165.1		266.9		—		298.3			133.7
Valuation allowance for deferred income tax assets	62.2		17.1		—		10.0			69.3
Year Ended January 31, 2021
Allowance for credit losses	$	21.1	$	58.0	$	—	$	9.5	(1)	$	69.6
Allowance/accrual for operational chargebacks and customer markdowns	220.2		264.9		—		320.0			165.1
Valuation allowance for deferred income tax assets	69.8		12.7		—		20.3			62.2

(1)Principally accounts written off as uncollectible, net of recoveries.

(2)Principally includes changes due to foreign currency translation.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Jan. 29, 2023
Accounting Policies [Abstract]
Lessee, Leases [Policy Text Block]	Leases — The Company leases approximately 1,500 Company-operated free-standing retail store locations across more than 35 countries, generally with initial lease terms of three to ten years. The Company also leases warehouses, distribution centers, showrooms and office space, generally with initial lease terms of ten to 20 years, as well as certain equipment and other assets, generally with initial lease terms of one to five years. The Company recognizes right-of-use assets and lease liabilities at the lease commencement date based on the present value of fixed lease payments over the expected lease term. The Company uses its incremental borrowing rates to determine the present value of fixed lease payments based on the information available at the lease commencement date, as the rate implicit in the lease is not readily determinable for the Company’s leases. The Company’s incremental borrowing rates are based on the term of the lease, the economic environment of the lease, and the effect of collateralization. Certain leases include one or more renewal options, generally for the same period as the initial term of the lease. The exercise of lease renewal options is generally at the Company’s sole discretion and, as such, the Company typically determines that exercise of these renewal options is not reasonably certain until executed. As a result, the Company does not include the renewal option period in the expected lease term and the associated lease payments are not included in the measurement of the right-of-use asset and lease liability. Certain leases also contain termination options with an associated penalty. Generally, the Company is reasonably certain not to exercise these options and as such, they are not included in the determination of the expected lease term. Operating leases are included in operating lease right-of-use assets, current portion of operating lease liabilities and long-term portion of operating lease liabilities in the Company’s Consolidated Balance Sheets. The Company recognizes operating lease expense on a straight-line basis over the lease term. Finance leases are included in property, plant and equipment, net, accrued expenses and other liabilities in the Company’s Consolidated Balance Sheets. Leases with an initial lease term of 12 months or less are not recorded on the balance sheet. The Company recognizes lease expense for these leases on a straight-line basis over the lease term. Leases generally provide for payments of nonlease components, such as common area maintenance, real estate taxes and other costs associated with the leased property. For lease agreements entered into or modified after February 3, 2019, the Company accounts for lease components and nonlease components together as a single lease component and, as such, includes fixed payments of nonlease components in the measurement of the right-of-use assets and lease liabilities. Variable lease payments, such as percentage rentals based on location sales, periodic adjustments for inflation, reimbursement of real estate taxes, any variable common area maintenance and any other variable costs associated with the leased property are expensed as incurred as variable lease costs and are not recorded on the Company’s Consolidated Balance Sheets. The Company’s lease agreements do not contain any material residual value guarantees or material restrictions or covenants. Please see Note 16, “Leases,” for further discussion.
Consolidation, Policy [Policy Text Block]	Principles of Consolidation — The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) and include the accounts of the Company. Intercompany accounts and transactions have been eliminated in consolidation. Investments in entities that the Company does not control but has the ability to exercise significant influence over are accounted for using the equity method of accounting. The Company’s Consolidated Statements of Operations include its proportionate share of the net income or loss of these entities. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion. The Company and Arvind Limited (“Arvind”) formed a joint venture in Ethiopia (“PVH Ethiopia”), in which the Company held an initial economic interest of 75%, with Arvind’s 25% interest accounted for as a redeemable non-controlling interest (“RNCI”). The Company consolidated the results of PVH Ethiopia in its consolidated financial statements. The Company closed in the fourth quarter of 2021 the manufacturing facility that was PVH Ethiopia’s sole operation. The closure did not have a material impact on the Company’s consolidated financial statements. Please see Note 6, “Redeemable Non-Controlling Interest,” for further discussion.
Fiscal Period [Policy Text Block]	Fiscal Year — The Company uses a 52-53 week fiscal year ending on the Sunday closest to February 1. References to a year are to the Company’s fiscal year, unless the context requires otherwise. Results for 2022, 2021 and 2020 represent the 52 weeks ended January 29, 2023, January 30, 2022 and January 31, 2021, respectively.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates — The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ materially from the estimates due to risks and uncertainties, including the impacts of inflationary pressures globally and the war in Ukraine and its broader macroeconomic implications, on the Company’s business.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents — The Company considers all highly liquid investments with original maturities of three months or less when purchased to be cash equivalents. Cash equivalents also includes amounts due from third party credit card processors for the settlement of customer debit and credit card transactions that are collectible in one week or less. The Company’s cash and cash equivalents at January 29, 2023 consisted principally of bank deposits and investments in money market funds.
Accounts Receivable [Policy Text Block]	Accounts Receivable — Trade receivables, as presented in the Company’s Consolidated Balance Sheets, are net of allowances. Costs associated with allowable customer markdowns and operational chargebacks, net of the expected recoveries, are part of the provision for allowances included in accounts receivable. These provisions result from seasonal negotiations, historical experience, and an evaluation of current market conditions.The Company records an allowance for credit losses as a reduction to its trade receivables for amounts that the Company does not expect to recover. An allowance for credit losses is determined through an analysis of the aging of accounts receivable and assessments of collectability based on historical trends, the financial condition of the Company’s customers and licensees, including any known or anticipated bankruptcies, and an evaluation of current economic conditions as well as the Company’s expectations of conditions in the future. The Company writes off uncollectible trade receivables once collection efforts have been exhausted and third parties confirm the balance is not recoverable. As of January 29, 2023 and January 30, 2022, the allowance for credit losses on trade receivables was $42.6 million and $61.9 million, respectively.
Goodwill and Intangible Assets, Policy [Policy Text Block]	Goodwill and Other Intangible Assets — The Company assesses the recoverability of goodwill annually, at the beginning of the third quarter of each fiscal year, and between annual tests if an event occurs or circumstances change that would indicate that it is more likely than not that the carrying amount may be impaired. Impairment testing for goodwill is done at the reporting unit level. A reporting unit is defined as an operating segment or one level below the operating segment, called a component. However, two or more components of an operating segment will be aggregated and deemed a single reporting unit if the components have similar economic characteristics. The Company assesses qualitative factors to determine whether it is necessary to perform a more detailed quantitative goodwill impairment test. The Company may elect to bypass the qualitative assessment and proceed directly to the quantitative test for any reporting unit. When performing the quantitative test, an impairment loss is recognized if the carrying amount of the reporting unit, including goodwill, exceeds its fair value (the fair value of a reporting unit is estimated using a discounted cash flow model). The impairment loss recognized is equal to the amount by which the carrying amount exceeds the fair value, but is limited to the total amount of goodwill allocated to that reporting unit. The Company recorded pre-tax noncash goodwill impairment charges of $417.1 million in the third quarter of 2022 as a result of its annual goodwill impairment test. The impairment charge was included in goodwill and other intangible asset impairments in the Company’s Consolidated Statement of Operations. The impairment was non-operational and driven by a significant increase in discount rates, as a result of the then-current economic conditions. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion. The Company determined in the first quarter of 2020 that the significant adverse impact of the COVID-19 pandemic on the Company’s business, including an unprecedented material decline in revenue and earnings and an extended decline in the Company’s stock price and associated market capitalization, was a triggering event that required the Company to perform a quantitative interim goodwill impairment test. The Company recorded $879.0 million of noncash goodwill impairment charges in 2020, which was included in goodwill and other intangible asset impairments in the Company’s Consolidated Statement of Operations. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion. The Company did not record any goodwill impairments in 2021. Indefinite-lived intangible assets not subject to amortization are tested for impairment annually, at the beginning of the third quarter of each fiscal year, and between annual tests if an event occurs or circumstances change that would indicate that it is more likely than not that the carrying amount may be impaired. Indefinite-lived intangible assets and intangible assets with finite lives are tested for impairment prior to assessing the recoverability of goodwill. The Company assesses qualitative factors to determine whether it is necessary to perform a more detailed quantitative impairment test for its indefinite-lived intangible assets. The Company may elect to bypass the qualitative assessment and proceed directly to the quantitative impairment test. When performing the quantitative test, an impairment loss is recognized if the carrying amount of the asset exceeds the fair value of the asset, which is generally determined using the estimated discounted cash flows associated with the asset’s use. Intangible assets with finite lives are amortized over their estimated useful lives and are tested for impairment along with other long-lived assets when events and circumstances indicate that the assets might be impaired. The Company also determined in the first quarter of 2020 that the impact of the COVID-19 pandemic on its business was a triggering event that prompted the need to perform interim impairment testing of its intangible assets. The Company recorded $47.2 million of noncash impairment charges related to indefinite-lived intangible assets and $7.3 million of noncash impairment charges related to finite-lived intangible assets in 2020, which were included in goodwill and other intangible asset impairments in the Company’s Consolidated Statement of Operations. The Company did not record any intangible asset impairments in 2022 or 2021. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion.
Impairment or Disposal of Long-Lived Intangible Assets, Impairment, Policy [Policy Text Block]	Asset Impairments — The Company reviews for impairment of long-lived assets (excluding goodwill and other indefinite-lived intangible assets) when events and circumstances indicate that the assets might be impaired. The Company records an impairment loss when the carrying amount of the asset is not recoverable and exceeds its fair value. Please see Note 11, “Fair Value Measurements,” for further discussion.
Inventory, Policy [Policy Text Block]	Inventories — Inventories are comprised principally of finished goods and are stated at the lower of cost or net realizable value, except for certain retail inventories in North America that are stated at the lower of cost or market using the retail inventory method. Cost for all wholesale inventories in North America and certain wholesale and retail inventories in Asia is determined using the first-in, first-out method. Cost for all other inventories is determined using the weighted average cost method. The Company reviews current business trends and forecasts, inventory aging and discontinued merchandise categories to determine adjustments that it estimates will be needed to liquidate existing clearance inventories and record inventories at either the lower of cost or net realizable value or the lower of cost or market using the retail inventory method, as applicable.
Property, Plant and Equipment, Policy [Policy Text Block]	Property, Plant and Equipment — Property, plant and equipment is stated at cost less accumulated depreciation. Depreciation is generally provided over the estimated useful lives of the related assets on a straight-line basis. The range of useful lives is principally as follows: Buildings and building improvements — 15 to 40 years; machinery, software and equipment — 2 to 10 years; furniture and fixtures — 2 to 10 years; and fixtures located in shop-in-shop/concession locations and their related costs — 3 to 4 years. Leasehold improvements are depreciated using the straight-line method over the lesser of the term of the related lease or the estimated useful life of the asset. Major additions and improvements that extend the useful life of the asset are capitalized, and repairs and maintenance are charged to operations in the period incurred. Depreciation expense totaled $255.4 million, $266.6 million and $280.8 million in 2022, 2021 and 2020, respectively.
Cloud Computing Arrangements, Policy [Policy Text Block]	Cloud Computing Arrangements — The Company incurs costs to implement cloud computing arrangements that are hosted by a third party vendor. Implementation costs incurred during the application development stage of a project are capitalized and amortized over the term of the hosting arrangement on a straight-line basis. The Company capitalized $30.1 million and $18.0 million of costs incurred in 2022 and 2021, respectively, to implement cloud computing arrangements, primarily related to digital and consumer data platforms. Amortization expense relating to cloud computing arrangements totaled $10.6 million, $6.2 million and $4.4 million in 2022, 2021 and 2020, respectively. Cloud computing costs of $51.5 million and $32.7 million were included in prepaid expenses and other assets in the Company’s Consolidated Balance Sheets as of January 29, 2023 and January 30, 2022, respectively.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition — Revenue is recognized upon the transfer of control of products or services to the Company’s customers in an amount that reflects the consideration to which it expects to be entitled in exchange for those products or services. Please see Note 2, “Revenue,” for further discussion.
Cost of Sales and Selling, General and Administrative Expenses, Policy [Policy Text Block]	Cost of Goods Sold and Selling, General and Administrative Expenses — Costs associated with the production and procurement of product are included in cost of goods sold, including inbound freight costs, purchasing and receiving costs, inspection costs and other product procurement related charges, as well as the amounts recognized on foreign currency forward exchange contracts as the underlying inventory hedged by such forward exchange contracts is sold. Generally, all other expenses, excluding non-service related pension and post retirement (income) costs, interest expense (income) and income taxes, are included in selling, general and administrative (“SG&A”) expenses, including warehousing and distribution expenses, as the predominant expenses associated therewith are general and administrative in nature, including rent, utilities, payroll and depreciation and amortization. Warehousing and distribution expenses, which are subject to exchange rate fluctuations, totaled $357.9 million, $332.4 million and $288.9 million in 2022, 2021 and 2020, respectively.
Shipping And Handling Cost	Shipping and Handling Fees — Shipping and handling fees that are billed to customers are included in net sales. Shipping and handling costs incurred by the Company are accounted for as fulfillment activities and are recorded in SG&A expenses.
Advertising Cost [Policy Text Block]	Advertising — Advertising costs are expensed as incurred and are included in SG&A expenses. Advertising expenses, which are subject to exchange rate fluctuations, totaled $492.1 million, $535.8 million and $379.0 million in 2022, 2021 and 2020, respectively. Prepaid advertising expenses recorded in prepaid expenses and other assets totaled $2.0 million and $5.2 million at January 29, 2023 and January 30, 2022, respectively. Costs associated with cooperative advertising programs, under which the Company shares the cost of a customer’s advertising expenditures, are treated as a reduction of revenue.
Revenue Recognition Accounting Policy, Excise and Sales Taxes [Policy Text Block]	Sales Taxes — The Company accounts for sales taxes and other related taxes on a net basis, excluding such taxes from revenue.
Income Tax, Policy [Policy Text Block]	Income Taxes — Deferred tax assets and liabilities are recognized for temporary differences between the tax bases of assets and liabilities and their reported amounts in the consolidated financial statements. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply in the periods in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the period that includes the enactment date. Valuation allowances are established when necessary to reduce deferred tax assets to the amounts more likely than not to be realized. Significant judgment is required in assessing the timing and amount of deductible and taxable items, evaluating tax positions and determining the income tax provision. The Company recognizes income tax benefits only when it is more likely than not that the tax position will be fully sustained upon review by taxing authorities, including resolution of related appeals or litigation processes, if any. If the recognition threshold is met, the Company measures the tax benefit at the largest amount with a greater than 50 percent likelihood of being realized upon ultimate settlement. For tax positions that are 50 percent or less likely of being sustained upon audit, the Company does not recognize any portion of that benefit in the financial statements. When the outcome of these tax matters changes, the change in estimate impacts the provision for income taxes in the period that such a determination is made. The Company recognizes interest and penalties related to unrecognized tax benefits in the Company’s income tax provision. The Company elected to recognize the tax on Global Intangible Low Taxed Income (“GILTI”) as a period expense in the year the tax is incurred.
Derivatives, Policy [Policy Text Block]	Financial Instruments — The Company has exposure to changes in foreign currency exchange rates related to anticipated cash flows associated with certain international inventory purchases. The Company uses foreign currency forward exchange contracts to hedge against a portion of this exposure. The Company also has exposure to interest rate volatility related to its senior unsecured term loan facility, and previously had exposure to interest rate volatility related to its prior senior unsecured term loan facilities, which borrowings bear interest at a rate equal to an applicable margin plus a variable rate. The Company had used interest rate swap agreements to hedge against a portion of its exposure related to the term loans previously outstanding under its prior senior unsecured credit facilities. The Company records the foreign currency forward exchange contracts and interest rate swap agreements at fair value in its Consolidated Balance Sheets and does not net the related assets and liabilities. The fair value of the foreign currency forward exchange contracts is measured as the total amount of currency to be purchased, multiplied by the difference between (i) the forward rate as of the period end and (ii) the settlement rate specified in each contract. The fair value of the interest rate swap agreements is based on observable interest rate yield curves and represents the expected discounted cash flows underlying the financial instruments. Changes in fair value of the foreign currency forward exchange contracts primarily associated with certain international inventory purchases and the interest rate swap agreements that are designated as effective hedging instruments (collectively referred to as “cash flow hedges”) are recorded in equity as a component of accumulated other comprehensive loss (“AOCL”). The Company also has exposure to changes in foreign currency exchange rates related to the value of its investments in foreign subsidiaries denominated in a currency other than the United States dollar. To hedge against a portion of this exposure, the Company designates certain foreign currency borrowings issued by PVH Corp., a U.S.-based entity, as net investment hedges of its investments in certain of its foreign subsidiaries that use a functional currency other than the United States dollar. Changes in fair value of the foreign currency borrowings designated as net investment hedges are recorded in equity as a component of AOCL. The Company evaluates the effectiveness of its net investment hedges at inception and at the beginning of each quarter thereafter. The Company records immediately in earnings changes in the fair value of hedges that are not designated as effective hedging instruments (“undesignated contracts”). Undesignated contracts primarily include foreign currency forward exchange contracts related to third party and intercompany transactions, and intercompany loans that are not of a long-term investment nature. Any gains and losses that are immediately recognized in earnings on such contracts are largely offset by the remeasurement of the underlying balances. As a result of the use of derivative instruments, the Company may be exposed to the risk that the counterparties to such contracts will fail to meet their contractual obligations. To mitigate this counterparty credit risk, the Company only enters into contracts with carefully selected financial institutions based upon an evaluation of their credit ratings and certain other financial factors. The Company does not use derivative or non-derivative financial instruments for trading or speculative purposes. Cash flows from the Company’s hedges are presented in the same category in the Company’s Consolidated Statements of Cash Flows as the items being hedged. Please see Note 10, “Derivative Financial Instruments,” for further discussion.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Currency Translation and Transactions — The consolidated financial statements of the Company are prepared in United States dollars. If the functional currency of a foreign subsidiary is not the United States dollar, assets and liabilities are translated to United States dollars at the closing exchange rate in effect at the applicable balance sheet date and revenue and expenses are translated to United States dollars at the average exchange rate for the applicable period. The resulting translation adjustments are included in the Company’s Consolidated Statements of Comprehensive Income (Loss) as a component of other comprehensive (loss) income and in the Consolidated Balance Sheets within AOCL. Gains and losses on the revaluation of intercompany loans made between foreign subsidiaries that are of a long-term investment nature are included in AOCL. Gains and losses arising from transactions denominated in a currency other than the functional currency of a particular entity, not including inventory purchases, are principally included in SG&A expenses and totaled a loss (gain) of $13.1 million, $20.4 million and $(5.6) million in 2022, 2021 and 2020, respectively. Since the first day of the second quarter of 2022, the Company has been accounting for its operations in Turkey as highly inflationary, as the cumulative inflation rate surpassed 100% for the three-year period that ended during the first quarter of 2022. Accordingly, the Company has changed the functional currency of its subsidiary in Turkey from the Turkish lira to the euro, which is the functional currency of its parent. The required remeasurement of monetary assets and liabilities denominated in Turkish lira into euro did not have a material impact on the Company’s results of operations during 2022. As of January 29, 2023, net monetary assets denominated in Turkish lira represented less than 1% of the Company’s total net assets.
Debt, Policy [Policy Text Block]	Balance Sheet Classification of Early Settlements of Long-Term Obligations — The Company classifies obligations settled after the balance sheet date but prior to the issuance of the consolidated financial statements based on the contractual payment terms of the underlying agreements.
Pension and Other Postretirement Plans, Policy [Policy Text Block]	Pension and Benefit Plans — Employee pension benefits earned during the year, as well as interest on the projected benefit obligations or accumulated benefit obligations, are accrued quarterly. The expected return on plan assets is recognized quarterly and determined at the beginning of the year by applying the expected long-term rate of return on assets to the actual fair value of plan assets adjusted for expected benefit payments, contributions and plan expenses. Actuarial gains and losses are recognized in the Company’s operating results in the year in which they occur. These gains and losses include the difference between the actual return on plan assets and the expected return that was recognized quarterly, as well as the change in the projected benefit obligation caused by actual experience and updated actuarial assumptions differing from those assumptions used to record service and interest cost throughout the year. Actuarial gains and losses are measured at least annually at the end of the Company’s fiscal year and, as such, are generally recorded during the fourth quarter of each year. The service cost component of net benefit cost is recorded in SG&A expenses and the other components of net benefit cost, which typically include interest cost, actuarial (gain) loss and expected return on plan assets, are recorded in non-service related pension and postretirement (income) cost in the Company’s Consolidated Statements of Operations. Please see Note 12, “Retirement and Benefit Plans,” for further discussion of the Company’s pension and benefit plans.
Share-based Payment Arrangement [Policy Text Block]	Stock-Based Compensation — The Company recognizes all share-based payments to employees and non-employee directors, net of actual forfeitures, as compensation expense in the consolidated financial statements based on their grant date fair values. Please see Note 13, “Stock-Based Compensation,” for further discussion.
Recently Adopted Accounting Guidance [Policy Text Block]	Recently Adopted Accounting Guidance — The Financial Accounting Standards Board (“FASB”) issued in November 2021 an update to accounting guidance requiring disclosures that increase the transparency of transactions with a government accounted for by applying a grant or contribution accounting model by analogy, including (i) the types of transactions, (ii) the accounting for those transactions, and (iii) the effect of those transactions on an entity’s financial statements. The Company adopted the update in the first quarter of 2022 using the prospective approach. The adoption of the update did not have any impact on the Company’s consolidated financial statements footnote disclosures as the amount of government assistance recorded in the Company’s consolidated financial statements as of and for the year ended January 29, 2023 was immaterial.
Accounting Guidance Issued Not Yet Adopted [Policy Text Block]	Accounting Guidance Issued But Not Adopted as of January 29, 2023 — The FASB issued in September 2022 an update to accounting guidance requiring disclosures that increase the transparency surrounding the use of supplier finance programs, including the key terms of the programs, and information about the obligations under these programs, including a rollforward of those obligations. The update does not affect the recognition, measurement, or financial statement presentation of obligations covered by supplier finance programs. The update will be effective for the Company in the first quarter of 2023 on a retrospective basis, except for the requirement to disclose rollforward information, which will be effective for the Company in the first quarter of 2024 on a prospective basis. Early adoption is permitted. The Company is currently evaluating the update to determine the impact the adoption will have on the Company’s consolidated financial statements footnote disclosures related to its supply chain finance program. The FASB issued in October 2021 an update to accounting guidance to improve the accounting for acquired revenue contracts with customers in a business combination by addressing diversity in practice and inconsistency related to their recognition and measurement. The update requires an acquirer to recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with the revenue recognition guidance. This generally will result in the acquirer recognizing contract assets and contract liabilities at the same amounts recorded by the acquiree immediately before the acquisition date. Historically, such amounts were recognized by the acquirer at fair value. The update will be effective for the Company in the first quarter of 2023. The Company will apply the update to applicable transactions occurring on or after the adoption date. The impact on the Company’s consolidated financial statements will depend on the facts and circumstances of any future transactions.

REVENUE (Tables)

12 Months Ended

Jan. 29, 2023

Revenue from Contract with Customer [Abstract]

Deferred Revenue Disclosure [Table Text Block]

Changes in deferred revenue, which primarily relate to customer loyalty programs, gift cards and license agreements for the years ended January 29, 2023 and January 30, 2022, were as follows:


(In millions)	2022		2021
Deferred revenue balance at beginning of period	$	44.9	$	55.8

Net additions to deferred revenue during the period	49.8		42.2
Reductions in deferred revenue for revenue recognized during the period (1)	(40.4)		(51.5)
Reduction in deferred revenue related to the Heritage Brands transaction	—		(1.6)		(2)
Deferred revenue balance at end of period	$	54.3	$	44.9

PROPERTY, PLANT AND EQUIPMENT (Tables)

12 Months Ended

Jan. 29, 2023

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

Property, plant and equipment, at cost, was as follows:


(In millions)	2022		2021
Land	$	1.0	$	1.0
Buildings and building improvements	30.7		30.6
Machinery, software and equipment	1,093.5		981.9
Furniture and fixtures	588.3		549.0
Shop-in-shops/concession locations	234.0		227.2
Leasehold improvements	768.2		765.1
Construction in progress	88.3		97.3
Property, plant and equipment, gross	2,804.0		2,652.1
Less: Accumulated depreciation	(1,900.0)		(1,746.0)
Property, plant and equipment, net	$	904.0	$	906.1

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Jan. 29, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill [Table Text Block]

The changes in the carrying amount of goodwill, by segment (please see Note 20, “Segment Data,” for further discussion of the Company’s reportable segments), were as follows:


(In millions)	Calvin Klein North America		Calvin Klein International		Tommy Hilfiger North America		Tommy Hilfiger International		Heritage Brands Wholesale		Heritage Brands Retail		Total
Balance as of January 31, 2021
Goodwill, gross	$	781.8	$	902.8	$	203.0	$	1,748.0	$	197.7	$	11.9	$	3,845.2
Accumulated impairment losses	(287.3)		(394.0)		—		—		(197.7)		(11.9)		(890.9)
Goodwill, net	494.5		508.8		203.0		1,748.0		—		—		2,954.3
Reduction of goodwill, gross related to the exit from the Heritage Brands Retail business	—		—		—		—		—		(11.9)		(11.9)
Reduction of accumulated impairment losses related to the exit from the Heritage Brands Retail business	—		—		—		—		—		11.9		11.9
Reduction of goodwill, gross related to the Heritage Brands transaction	—		—		—		—		(92.7)		—		(92.7)
Reduction of accumulated impairment losses related to the Heritage Brands transaction	—		—		—		—		92.7		—		92.7
Currency translation	—		(11.3)		—		(114.1)		—		—		(125.4)
Balance as of January 30, 2022
Goodwill, gross	781.8		891.5		203.0		1,633.9		105.0		—		3,615.2
Accumulated impairment losses	(287.3)		(394.0)		—		—		(105.0)		—		(786.3)
Goodwill, net	494.5		497.5		203.0		1,633.9		—		—		2,828.9
Impairment	(162.6)		(77.3)		(177.2)		—		—		—		(417.1)

Currency translation	—		(6.5)		—		(46.3)		—		—		(52.8)
Balance as of January 29, 2023
Goodwill, gross	781.8		885.0		203.0		1,587.6		105.0		—		3,562.4
Accumulated impairment losses	(449.9)		(471.3)		(177.2)		—		(105.0)		—		(1,203.4)
Goodwill, net	$	331.9	$	413.7	$	25.8	$	1,587.6	$	—	$	—	$	2,359.0

Schedule of Intangible Assets [Table Text Block]

The Company’s other intangible assets consisted of the following:


	2022						2021
(In millions)	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Intangible assets subject to amortization:
Customer relationships	$	281.0	$	(248.3)	$	32.7	$	286.0	$	(232.3)	$	53.7

Reacquired license rights	494.3		(199.3)		295.0		506.1		(193.1)		313.0
Total intangible assets subject to amortization	775.3		(447.6)		327.7		792.1		(425.4)		366.7

Indefinite-lived intangible assets:
Tradenames	2,701.1		—		2,701.1		2,722.9		—		2,722.9

Reacquired perpetual license rights	221.1		—		221.1		217.4		—		217.4
Total indefinite-lived intangible assets	2,922.2		—		2,922.2		2,940.3		—		2,940.3
Total other intangible assets	$	3,697.5	$	(447.6)	$	3,249.9	$	3,732.4	$	(425.4)	$	3,307.0

The gross carrying amount and accumulated amortization of certain intangible assets include the impact of changes in foreign currency exchange rates.

Schedule of Expected Amortization Expense [Table Text Block]


(In millions)
Fiscal Year	Amount
2023	$	23.6
2024	23.3
2025	17.5
2026	14.6
2027	14.3

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

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Schedule of Long-term Debt Instruments [Table Text Block]

DEBT (Tables)

12 Months Ended

Jan. 29, 2023

Debt Disclosure [Abstract]

Long-Term Debt

The carrying amounts of the Company’s long-term debt were as follows:


(In millions)	2022		2021

Senior unsecured Term Loan A facility due 2027 (1)(2)	$	476.6	$	—
Senior unsecured Term Loan A facility due 2024 (2)	—		513.5

7 3/4% debentures due 2023	99.9		99.8
3 5/8% senior unsecured euro notes due 2024 (2)	568.1		580.8
4 5/8% senior unsecured notes due 2025	497.0		495.7
3 1/8% senior unsecured euro notes due 2027 (2)	647.3		662.6
Total	2,288.9		2,352.4
Less: Current portion of long-term debt	111.9		34.8
Long-term debt	$	2,177.0	$	2,317.6

(1) The outstanding principal balance for the euro-denominated Term Loan A facility was €440.6 million as of January 29, 2023.

Schedule of Mandatory Long-Term Debt Repayments [Table Text Block]

The Company’s mandatory long-term debt repayments for the next five years were as follows as of January 29, 2023:


(In millions)
Fiscal Year	Amount (1)
2023	$	112.0
2024	582.4
2025	512.0
2026	12.0
2027	1,082.8

(1) A portion of the Company’s mandatory long-term debt repayments is denominated in euros and subject to changes in the exchange rate of the United States dollar against the euro.

Schedule of Interest Rate Swap Agreements [Table Text Block]


(In millions)
Designation Date	Commencement Date	Initial Notional Amount		Notional Amount Outstanding as of January 29, 2023			Fixed Rate	Expiration Date
March 2020	February 2021	$	50.0	$	—	(1)	0.562%	February 2023
February 2020	February 2021	50.0		—		(1)	1.1625%	February 2023
February 2020	February 2020	50.0		—		(1)	1.2575%	February 2023
August 2019	February 2020	50.0		—		(1)	1.1975%	February 2022
June 2019	February 2020	50.0		—		(1)	1.409%	February 2022
June 2019	June 2019	50.0		—			1.719%	July 2021
January 2019	February 2020	50.0		—			2.4187%	February 2021
November 2018	February 2019	139.2		—			2.8645%	February 2021
October 2018	February 2019	115.7		—			2.9975%	February 2021
June 2018	August 2018	50.0		—			2.6825%	February 2021

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

INCOME TAXES (Tables)

12 Months Ended

Jan. 29, 2023

Income Tax Disclosure [Abstract]

The domestic and foreign components of income (loss) before income taxes were as follows:


(In millions)	2022		2021		2020
Domestic	$	(404.9)	$	(120.3)	$	(1,248.7)
Foreign	793.1		1,093.0		55.7
Total	$	388.2	$	972.7	$	(1,193.0)

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The provision (benefit) for income taxes attributable to income (loss) consisted of the following:


(In millions)	2022		2021			2020
Federal:
Current	$	(6.9)	$	(87.7)		$	(22.2)
Deferred	(5.1)		(51.4)		(1)	(103.5)
State and local:
Current	(6.2)		19.6			3.1
Deferred	0.8		(21.7)			(19.0)
Foreign:
Current	191.1		153.7			108.3
Deferred	14.1		8.2		(2)	(22.2)		(3)
Total	$	187.8	$	20.7		$	(55.5)

(2) Includes a $32.3 million benefit related to the remeasurement of certain net deferred tax assets in connection with the expiration of the special tax rates at the end of 2021.

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]


	2022		2021		2020
Statutory federal income tax rate	21.0	%	21.0	%	21.0	%
State and local income taxes, net of federal income tax benefit	1.1	%	(0.1)	%	1.7	%
Effects of international jurisdictions, including foreign tax credits	1.6	%	(8.0)	%	(2.2)	%

Change in estimates for uncertain tax positions	(2.2)	%	(9.7)	%	2.1	%
Change in valuation allowance	1.2	%	0.7	%	0.9	%
Tax accounting method change	—	%	(10.9)	%	—	%

Tax on foreign earnings (GILTI and FDII)	1.2	%	7.6	%	(5.9)	%
Goodwill impairment	22.3	%	—	%	(13.3)	%
Excess tax expense (benefits) related to stock-based compensation	0.5	%	—	%	(0.4)	%
Other, net	1.7	%	1.5	%	0.8	%
Effective income tax rate	48.4	%	2.1	%	4.7	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The components of deferred income tax assets and liabilities were as follows:


(In millions)	2022		2021
Gross deferred tax assets
Tax loss and credit carryforwards	$	143.6	$	131.7
Operating lease liabilities	378.9		401.5
Employee compensation and benefits	59.9		111.8
Inventories	44.6		42.6
Accounts receivable	12.9		24.2
Accrued expenses	15.4		18.2
Property, plant and equipment	242.3		208.4
Other, net	17.2		—
Subtotal	914.8		938.4
Valuation allowances	(72.9)		(69.3)
Total gross deferred tax assets, net of valuation allowances	$	841.9	$	869.1
Gross deferred tax liabilities
Intangibles	$	(807.1)	$	(828.8)
Operating lease right-of-use assets	(340.0)		(352.8)
Derivative financial instruments	(18.5)		(11.1)
Other, net	—		(4.2)
Total gross deferred tax liabilities	$	(1,165.6)	$	(1,196.9)
Net deferred tax liability	$	(323.7)	$	(327.8)

Summary of Income Tax Contingencies [Table Text Block]

Uncertain tax positions activity for each of the last three years was as follows:


(In millions)	2022		2021		2020
Balance at beginning of year	$	127.8	$	210.7	$	219.9

Increases related to prior year tax positions	12.4		2.6		5.4
Decreases related to prior year tax positions	(12.3)		(0.2)		(2.9)
Increases related to current year tax positions	2.7		15.5		10.9

Lapses in statute of limitations	(12.0)		(93.3)		(30.7)
Effects of foreign currency translation	(3.9)		(7.5)		8.1
Balance at end of year	$	114.7	$	127.8	$	210.7

The entire amount of uncertain tax positions as of January 29, 2023, if recognized, would reduce the future effective tax rate under current accounting guidance.

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Jan. 29, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The following table summarizes the fair value and presentation of the Company’s derivative financial instruments in its Consolidated Balance Sheets:


	Assets								Liabilities
	2022				2021				2022				2021
(In millions)	Other Current Assets		Other Assets		Other Current Assets		Other Assets		Accrued Expenses		Other Liabilities		Accrued Expenses		Other Liabilities
Contracts designated as cash flow hedges:
Foreign currency forward exchange contracts (inventory purchases)	$	15.7	$	0.1	$	48.0	$	2.7	$	20.7	$	2.2	$	0.6	$	—


Undesignated contracts:
Foreign currency forward exchange contracts	—		—		5.6		—		12.5		—		1.1		—


Total	$	15.7	$	0.1	$	53.6	$	2.7	$	33.2	$	2.2	$	1.7	$	—

Schedule of Derivative Instruments, (Loss) Gain in Statement of Financial Performance [Table Text Block]

The following tables summarize the effect of the Company’s hedges designated as cash flow and net investment hedging instruments:


	(Loss) Gain Recognized in Other Comprehensive (Loss) Income




(In millions)	2022		2021		2020
Foreign currency forward exchange contracts (inventory purchases)	$	(48.3)	$	109.2	$	(57.3)

Interest rate swap agreements	—		0.2		(9.9)
Foreign currency borrowings (net investment hedges)	30.4		111.3		(125.0)
Total	$	(17.9)	$	220.7	$	(192.2)


	Amount of Gain (Loss) Reclassified from AOCL into Income (Expense), Consolidated Statements of Operations Location, and Total Amount of Consolidated Statements of Operations Line Item
	Amount Reclassified						Location	Total Statements of Operations Amount

(In millions)	2022		2021		2020			2022		2021		2020
Foreign currency forward exchange contracts (inventory purchases)	$	27.6	$	(1.8)	$	12.5	Cost of goods sold	$	3,901.3	$	3,830.6	$	3,355.8
Interest rate swap agreements	—		(1.5)		—		SG&A expenses (1)	4,377.4		4,453.9		3,983.2
Interest rate swap agreements	—		(3.0)		(11.0)		Interest expense	89.6		108.6		125.5
Total	$	27.6	$	(6.3)	$	1.5

(1) The Company dedesignated certain cash flow hedges related to its interest rate swap agreements during 2021 as discussed in the section entitled “Cash Flow Hedges” above.

Derivatives Not Designated as Hedging Instruments [Table Text Block]

The following table summarizes the effect of the Company’s undesignated contracts recognized in SG&A expenses in its Consolidated Statements of Operations:


	Gain (Loss) Recognized in SG&A Expenses
(In millions)	2022		2021		2020
Foreign currency forward exchange contracts	$	11.4	$	14.7	$	(11.8)

FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Jan. 29, 2023

Fair Value Measurements [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]


	2022							2021
(In millions)	Level 1		Level 2		Level 3	Total		Level 1	Level 2		Level 3	Total
Assets:
Foreign currency forward exchange contracts	N/A		$	15.8	N/A	$	15.8	N/A	$	56.3	N/A	$	56.3
Rabbi trust assets	1.5		5.7		N/A	7.2		—	0.3		N/A	0.3

Total Assets	$	1.5	$	21.5	N/A	$	23.0	N/A	$	56.6	N/A	$	56.6

Liabilities:
Foreign currency forward exchange contracts	N/A		$	35.4	N/A	$	35.4	N/A	$	1.7	N/A	$	1.7


Total Liabilities	N/A		$	35.4	N/A	$	35.4	N/A	$	1.7	N/A	$	1.7

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis and Recorded Impairment [Table Text Block]


(In millions)	Fair Value Measurement Using				Fair Value As Of Impairment Date		Total Impairments
2022	Level 1	Level 2	Level 3
Operating lease right-of-use assets	N/A	N/A	$	3.0	$	3.0	$	27.4
Property, plant and equipment, net	N/A	N/A	0.3		0.3		24.3
Goodwill	N/A	N/A	41.0		41.0		417.1




2021
Operating lease right-of-use assets	N/A	N/A	14.3		14.3		21.2
Property, plant and equipment, net	N/A	N/A	0.6		0.6		25.8





2020
Operating lease right-of-use assets	N/A	N/A	110.5		110.5		28.2
Property, plant and equipment, net	N/A	N/A	2.7		2.7		53.7
Goodwill	N/A	N/A	652.6		652.6		879.0
Tradenames	N/A	N/A	48.7		48.7		47.2
Other intangible assets, net	N/A	N/A	—		—		7.3
Investments in unconsolidated affiliates	N/A	N/A	—		—		12.3

Goodwill with a carrying amount of $458.1 million was written down to a fair value of $41.0 million during 2022. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion.

Fair Value, by Balance Sheet Grouping [Table Text Block]

The carrying amounts and the fair values of the Company’s cash and cash equivalents, short-term borrowings and long-term debt were as follows:


	2022				2021
(In millions)	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Cash and cash equivalents	$	550.7	$	550.7	$	1,242.5	$	1,242.5
Short-term borrowings	46.2		46.2		10.8		10.8
Long-term debt (including portion classified as current)	2,288.9		2,262.3		2,352.4		2,522.4

RETIREMENT AND BENEFIT PLANS (Tables)

12 Months Ended

Jan. 29, 2023

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Schedule of Changes in Accumulated and Projected Benefit Obligations [Table Text Block]

Reconciliations of the changes in the projected benefit obligation (Pension Plans and SERP Plans) and the accumulated benefit obligation (Postretirement Plans) were as follows:


	Pension Plans				SERP Plans				Postretirement Plans
(In millions)	2022		2021		2022		2021		2022		2021
Balance at beginning of year	$	785.2	$	840.5	$	93.3	$	121.7	$	5.6	$	6.3
Service cost, net of plan expenses	29.3		38.1		2.5		4.7		—		—
Interest cost	25.3		24.8		2.8		3.3		0.1		0.1
Benefit payments	(72.4)		(48.7)		(35.6)		(24.5)		—		—
Benefit payments, net of retiree contributions	—		—		—		—		(0.6)		(0.7)
Special termination benefits	—		0.5		—		1.8		—		—
Heritage Brands transaction gain	—		(1.5)		—		(0.3)		—		—

Actuarial gain	(194.2)		(68.5)		(6.7)		(13.4)		(1.1)		(0.1)
Balance at end of year	$	573.2	$	785.2	$	56.3	$	93.3	$	4.0	$	5.6

Schedule of Changes in Fair Value of Plan Assets [Table Text Block]

Reconciliations of the fair value of the assets held by the Pension Plans and the funded status were as follows:


(In millions)	2022		2021
Fair value of plan assets at beginning of year	$	726.3	$	765.8
Actual return, net of plan expenses	(83.9)		9.2
Benefit payments	(72.4)		(48.7)

Company contributions	0.2		—
Fair value of plan assets at end of year	$	570.2	$	726.3
Funded status at end of year	$	(3.0)	$	(58.9)

Schedule of Amounts Recognized in Balance Sheet [Table Text Block]

Amounts recognized in the Company’s Consolidated Balance Sheets were as follows:


	Pension Plans				SERP Plans				Postretirement Plans
(In millions)	2022		2021		2022		2021		2022		2021

Current liabilities	$	—	$	—	$	(7.3)	$	(35.6)	$	(0.6)	$	(0.7)
Non-current liabilities	(3.0)		(58.9)		(49.0)		(57.7)		(3.4)		(4.9)
Net amount recognized	$	(3.0)	$	(58.9)	$	(56.3)	$	(93.3)	$	(4.0)	$	(5.6)

Schedule of Net Benefit Costs [Table Text Block]

The components of net benefit cost recognized were as follows:




	Pension Plans						SERP Plans						Postretirement Plans
(In millions)	2022		2021		2020		2022		2021		2020		2022		2021		2020
Service cost	$	31.3	$	40.1	$	45.0	$	2.5	$	4.7	$	5.7	$	—	$	—	$	—
Interest cost	25.3		24.8		25.5		2.8		3.3		3.5		0.1		0.1		0.2
Actuarial gain	(70.6)		(35.2)		(60.0)		(6.7)		(13.4)		(3.7)		(1.1)		(0.1)		(0.8)
Expected return on plan assets	(41.7)		(44.5)		(43.6)		—		—		—		—		—		—

Special termination benefits	—		0.5		1.1		—		1.8		1.9		—		—		—
Heritage Brands transaction gain	—		(1.5)		—		—		(0.3)		—		—		—		—
Speedo deconsolidation gain	—		—		(2.2)		—		—		(0.6)		—		—		—
Total	$	(55.7)	$	(15.8)	$	(34.2)	$	(1.4)	$	(3.9)	$	6.8	$	(1.0)	$	—	$	(0.6)

Amortization of prior service cost recognized in other comprehensive (loss) income for Pension Plans was immaterial during 2022, 2021 and 2020.Pre-tax amounts in AOCL that had not yet been recognized as components of net benefit cost in the Pension Plans were immaterial as of January 29, 2023 and January 30, 2022.

Schedule of Accumulated Benefit Obligations [Table Text Block]

The accumulated benefit obligations (Pension Plans and SERP Plans) were as follows:


	Pension Plans				SERP Plans
(In millions)	2022		2021		2022		2021
Accumulated benefit obligation	$	547.0	$	746.4	$	52.7	$	85.3

Defined Benefit Plan, Plan with Projected Benefit Obligation in Excess of Plan Assets [Table Text Block]


(In millions, except plan count)	2022		2021
Number of plans with projected benefit obligations in excess of plan assets	2		2
Aggregate projected benefit obligation	$	573.2	$	785.2
Aggregate fair value of related plan assets	$	570.2	$	726.3

Number of plans with accumulated benefit obligations in excess of plan assets	1		2
Aggregate accumulated benefit obligation	$	2.6	$	746.4
Aggregate fair value of related plan assets	$	2.5	$	726.3

Defined Benefit Plan, Assumptions [Table Text Block]

Significant weighted average rate assumptions used in determining the projected and accumulated benefit obligations at the end of each year and benefit cost in the following year were as follows:


	2022		2021		2020
Discount rate (applies to Pension Plans and SERP Plans)	5.19	%	3.31	%	3.04	%
Discount rate (applies to Postretirement Plans)	4.98	%	2.89	%	2.29	%
Rate of increase in compensation levels (applies to Pension Plans)	4.00	%	4.00	%	4.25	%
Expected long-term rate of return on assets (applies to Pension Plans)	6.25	%	6.00	%	6.00	%

Schedule of Allocation of Plan Assets [Table Text Block]


(In millions)			Fair Value Measurements as of January 29, 2023(1)
Asset Category	Total		Quoted Prices In Active Markets for Identical Assets (Level 1)		Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
Equity securities:
United States equities(2)	$	150.5	$	150.5	$	—	$	—
International equities(2)	12.8		12.8		—		—
United States equity fund(3)	63.4		—		63.4		—
International equity funds(4)	119.4		65.3		54.1		—
Fixed income securities:
Government securities(5)	62.0		—		62.0		—
Corporate securities(5)	147.4		—		147.4		—
Short-term investment funds(6)	15.5		—		15.5		—

Subtotal	$	571.0	$	228.6	$	342.4	$	—
Other assets and liabilities(7)	(0.8)
Total	$	570.2


(In millions)			Fair Value Measurements as of January 30, 2022(1)
Asset Category	Total		Quoted Prices In Active Markets for Identical Assets (Level 1)		Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
Equity securities:
United States equities(2)	$	186.8	$	186.8	$	—	$	—
International equities(2)	19.8		19.8		—		—
United States equity fund(3)	73.3		—		73.3		—
International equity funds(4)	155.1		73.6		81.5		—
Fixed income securities:
Government securities(5)	62.5		—		62.5		—
Corporate securities(5)	192.2		—		192.2		—
Short-term investment funds(6)	35.0		—		35.0		—

Subtotal	$	724.7	$	280.2	$	444.5	$	—
Other assets and liabilities(7)	1.6
Total	$	726.3

(2)Valued at the closing price or unadjusted quoted price in the active market in which the individual securities are traded.

within Level 2. This commingled fund invests in United States large cap equities of companies that track the Russell 1000 Index.

(7)This category includes other pension assets and liabilities such as pending trades and accrued income.

Schedule of Expected Benefit Payments [Table Text Block]


(In millions)
Fiscal Year	Pension Plans		SERP Plans		Postretirement Plans
2023	$	43.0	$	7.3	$	0.6
2024	45.1		6.0		0.5
2025	45.5		6.7		0.5
2026	44.8		5.8		0.4
2027	45.1		5.9		0.4
2028-2032	225.8		25.4		1.5

STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Jan. 29, 2023

Share-Based Payment Arrangement [Abstract]

Table Of Weighted Average Black Scholes Fair Value Assumptions [Table Text Block]

The following summarizes the assumptions used to estimate the fair value of stock options granted during 2022, 2021 and 2020 and the resulting weighted average grant date fair value per stock option:


	2022			2021			2020
Weighted average risk-free interest rate	2.50		%	1.24		%	0.48		%
Weighted average expected stock option term (in years)	6.25			6.25			6.25
Weighted average Company volatility	47.34		%	47.58		%	45.08		%
Expected annual dividends per share	$	0.15		$	0.15		$	0.15
Weighted average grant date fair value per stock option	$	34.27		$	48.28		$	23.05

Share-based Payment Arrangement, Option, Activity [Table Text Block]

Stock option activity for the year was as follows:


(In thousands, except years and per stock option data)	Stock Options	Weighted Average Exercise Price Per Stock Option		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
Outstanding at January 30, 2022	688	$	103.40	5.0	$	4,576
Granted	134	71.51
Exercised	—	—
Forfeited / Expired	128	98.80
Outstanding at January 29, 2023	694	$	98.08	4.9	$	5,027
Exercisable at January 29, 2023	480	$	108.42	3.4	$	1,569

Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]

RSU activity for the year was as follows:


(In thousands, except per RSU data)	RSUs	Weighted Average Grant Date Fair Value Per RSU
Non-vested at January 30, 2022	1,176	$	88.09
Granted	756	70.93
Vested	427	92.11
Forfeited	180	85.60
Non-vested at January 29, 2023	1,325	$	77.33

Table of Weighted Average Monte Carlo Fair Value Assumptions Performance Awards [Table Text Block]


	2022			2021			2020
Weighted average risk-free interest rate	2.91		%	0.33		%	0.19		%
Weighted average Company volatility	64.02		%	60.69		%	51.86		%
Expected annual dividends per share	$	0.15		$	0.15		$	0.15
Weighted average grant date fair value per PSU	$	103.36		$	159.29		$	64.89

calculated using the Chaffe model. The Company uses the model that is deemed more appropriate after an evaluation of current market conditions.

Schedule of Nonvested Performance-based Units Activity [Table Text Block]

Total PSU activity for the year was as follows:


(In thousands, except per PSU data)	PSUs	Weighted Average Grant Date Fair Value Per PSU
Non-vested at January 30, 2022	248	$	93.15
Granted	72	87.16
Reduction due to market conditions not satisfied	67	118.28
Vested	—	—
Forfeited	9	96.80
Non-vested at January 29, 2023	244	$	84.40

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

12 Months Ended

Jan. 29, 2023

Accumulated Other Comprehensive Income [Abstract]

Schedule of Accumulated Other Comprehensive Loss [Table Text Block]

The following table presents the changes in AOCL, net of related taxes, by component:


(In millions)	Foreign currency translation adjustments			Net unrealized and realized gain (loss) on effective cash flow hedges		Total
Balance at February 2, 2020	$	(665.7)		$	25.6	$	(640.1)
Other comprehensive income (loss) before reclassifications	184.1		(1)(2)	(60.4)		123.7
Less: Amounts reclassified from AOCL	—			2.7		2.7
Other comprehensive income (loss)	184.1			(63.1)		121.0

Balance at January 31, 2021	$	(481.6)		$	(37.5)	$	(519.1)
Other comprehensive (loss) income before reclassifications	(184.3)		(1)(3)	88.1		(96.2)
Less: Amounts reclassified from AOCL	—			(2.6)		(2.6)
Other comprehensive (loss) income	(184.3)			90.7		(93.6)

Balance at January 30, 2022	$	(665.9)		$	53.2	$	(612.7)

Other comprehensive loss before reclassifications	(47.6)		(1)(3)	(36.0)		(83.6)
Less: Amounts reclassified from AOCL	(3.4)		(4)	20.2		16.8
Other comprehensive loss	(44.2)			(56.2)		(100.4)
Balance at January 29, 2023	$	(710.1)		$	(3.0)	$	(713.1)

(1)Foreign currency translation adjustments included a net gain (loss) on net investment hedges of $24.1 million, $83.8 million and $(94.4) million in 2022, 2021 and 2020, respectively.

(2)Favorable foreign currency translation adjustments were principally driven by a weakening of the United States dollar against the euro.

(3)Unfavorable foreign currency translation adjustments were principally driven by a strengthening of the United States dollar against the euro.

Schedule of Amounts Reclassified Out of Accumulated Other Comprehensive Loss [Table Text Block]

The following table presents reclassifications from AOCL to earnings:


	Amount Reclassified from AOCL							Affected Line Item in the Company’s Consolidated Statements of Operations
(In millions)	2022			2021		2020
Realized gain (loss) on effective cash flow hedges:
Foreign currency forward exchange contracts (inventory purchases)	$	27.6		$	(1.8)	$	12.5	Cost of goods sold
Interest rate swap agreements	—			(1.5)		—		SG&A expenses (1)
Interest rate swap agreements	—			(3.0)		(11.0)		Interest expense
Less: Tax effect	7.4			(3.7)		(1.2)		Income tax expense (benefit)
Total, net of tax	$	20.2		$	(2.6)	$	2.7

Foreign currency translation adjustments:
Karl Lagerfeld transaction	$	(3.4)	(2)	$	—	$	—	Equity in net income (loss) of unconsolidated affiliates
Less: Tax effect	—			—		—		Income tax expense (benefit)
Total, net of tax	$	(3.4)		$	—	$	—

(1) The Company dedesignated certain cash flow hedges related to its interest rate swap agreements during 2021. Please see Note 10, “Derivative Financial Instruments,” for further discussion.

LEASES (Tables)

12 Months Ended

Jan. 29, 2023

Leases [Abstract]

Lease, Cost [Table Text Block]

The components of the net lease cost were as follows:



(In millions)	Line Item in the Company’s Consolidated Statements of Operations	2022		2021		2020
Finance lease cost:
Amortization of right-of-use-assets	SG&A expenses (depreciation and amortization)	$	4.2	$	4.9	$	5.2
Interest on lease liabilities	Interest expense	0.2		0.3		0.4
Total finance lease cost		4.4		5.2		5.6
Operating lease cost	SG&A expenses	401.4		451.8		477.8
Short-term lease cost	SG&A expenses	35.9		32.1		28.9
Variable lease cost	SG&A expenses	116.2		100.5		71.7
Less: sublease income	SG&A expenses	(4.7)		(1.5)		(1.3)
Total net lease cost		$	553.2	$	588.1	$	582.7

Schedule of Supplemental Balance Sheet Information [Table Text Block]

Supplemental balance sheet information related to leases was as follows:


(In millions)	Line Item in the Company’s Consolidated Balance Sheets	2022		2021
Right-of-use assets:
Operating lease	Operating lease right-of-use assets	$	1,295.7	$	1,349.0
Finance lease	Property, plant and equipment, net	10.9		8.1
		$	1,306.6	$	1,357.1
Current lease liabilities:
Operating lease	Current portion of operating lease liabilities	$	353.7	$	375.4
Finance lease	Accrued expenses	4.5		4.0
		$	358.2	$	379.4
Other lease liabilities:
Operating lease	Long-term portion of operating lease liabilities	$	1,140.0	$	1,214.4
Finance lease	Other liabilities	7.3		5.2
		$	1,147.3	$	1,219.6

Schedule of Supplemental Cash Flow Information [Table Text Block]

Supplemental cash flow information related to leases was as follows:



(In millions)	2022		2021		2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	450.8	$	484.0	$	396.1
Operating cash flows from finance leases	0.2		0.3		0.4
Financing cash flows from finance leases	4.7		5.2		5.5
Noncash transactions:
Right-of-use assets obtained in exchange for new operating lease liabilities	338.6		267.3		247.3
Right-of-use assets obtained in exchange for new finance lease liabilities	8.2		2.6		4.0

Lessee, Operating and Finance Lease, Liability, Maturity [Table Text Block]

At January 29, 2023, the maturities of the Company’s lease liabilities were as follows:


(In millions)	Finance Leases		Operating Leases		Total
2023	$	4.7	$	405.3	$	410.0
2024	3.7		319.0		322.7
2025	2.6		243.9		246.5
2026	1.1		194.4		195.5
2027	—		161.1		161.1
Thereafter	—		382.4		382.4
Total lease payments	$	12.1	$	1,706.1	$	1,718.2
Less: Interest	(0.3)		(212.4)		(212.7)
Total lease liabilities	$	11.8	$	1,493.7	$	1,505.5

Schedule of Weight Average Remaining Lease Term and Weighted Average Discount Rate [Table Text Block]



	2022		2021
Weighted average remaining lease term (years):
Operating leases	6.13		6.25
Finance leases	3.19		2.51
Weighted average discount rate:
Operating leases	4.10	%	3.81	%
Finance leases	2.09	%	1.48	%

EXIT ACTIVITY COSTS (Tables)

12 Months Ended

Jan. 29, 2023

Heritage Retail Exit [Member]

Heritage Brands Retail Exit Costs


(In millions)	Costs Incurred During 2020		Costs Incurred During 2021		Cumulative Costs Incurred
Severance, termination benefits and other employee costs	$	14.6	$	10.8	$	25.4
Long-lived asset impairments	7.2		—		7.2
Accelerated amortization of lease assets	7.2		5.9		13.1
Contract termination and other costs	—		4.4		4.4
Total	$	29.0	$	21.1	$	50.1

Please see Note 11, “Fair Value Measurements,” for further discussion of the long-lived asset impairments recorded during 2020.

Reduction in Workforce and Real Estate Footprint

The liabilities related to these costs were principally recorded in accrued expenses in the Company’s Consolidated Balance Sheet and were as follows:


(In millions)	Liability at 1/30/22		Costs Incurred During 2022		Costs Paid During 2022		Liability at 1/29/23
Severance, termination benefits and other employee costs	$	3.5	$	—	$	3.5	$	—
Contract termination and other costs	2.4		—		2.4		—
Total	$	5.9	$	—	$	5.9	$	—

2021 Reductions in Workforce and Real Estate Footprint


(In millions)	Costs Incurred During 2021
Severance, termination benefits and other employee costs	$	15.7
Long-lived asset impairments	28.1
Contract termination and other costs	3.8
Total	$	47.6

2022 cost savings initiative

The liabilities at January 29, 2023 related to these costs were principally recorded in accrued expenses in the Company’s Consolidated Balance Sheet and were as follows:


(In millions)	Liability at 1/30/22		Costs Incurred During 2022		Costs Paid During 2022		Liability at 1/29/23
Severance, termination benefits and other employee costs	$	6.2	$	—	$	3.4	$	2.8

2022 Cost Savings Initiative


(In millions)	Costs Incurred During 2022
Severance, termination benefits and other employee costs	$	20.2

The liabilities at January 29, 2023 related to these costs were principally recorded in accrued expenses in the Company’s Consolidated Balance Sheet and were as follows:


(In millions)	Liability at 1/30/22		Costs Incurred During 2022		Costs Paid During 2022		Liability at 1/29/23
Severance, termination benefits and other employee costs	$	—	$	20.2	$	7.0	$	13.2

Russia Business Exit

Russia Business Exit Costs


(In millions)	Costs Incurred During 2022
Severance, termination benefits and other employee costs	$	2.1
Long-lived asset impairments	43.6
Gain on lease terminations, net of contract termination and other costs (1)	(2.7)
Total	$	43.0

Please see Note 11, “Fair Value Measurements,” for further discussion of the long-lived asset impairments recorded during 2022.

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The liabilities at January 29, 2023 related to these costs were principally recorded in accrued expenses in the Company’s Consolidated Balance Sheet and were as follows:


(In millions)	Liability at 1/30/22		Costs Incurred During 2022		Costs Paid During 2022		Liability at 1/29/23
Severance, termination benefits and other employee costs	$	—	$	2.1	$	1.7	$	0.4
Contract termination and other costs	—		4.8		4.3		0.5
Total	$	—	$	6.9	$	6.0	$	0.9

NET INCOME (LOSS) PER COMMON SHARE (Tables)

12 Months Ended

Jan. 29, 2023

Earnings Per Share [Abstract]

The Company computed its basic and diluted net income (loss) per common share as follows:


(In millions, except per share data)	2022		2021		2020
Net income (loss) attributable to PVH Corp.	$	200.4	$	952.3	$	(1,136.1)

Weighted average common shares outstanding for basic net income (loss) per common share	65.7		70.8		71.2
Weighted average impact of dilutive securities	0.5		1.1		—
Total shares for diluted net income (loss) per common share	66.2		71.9		71.2

Basic net income (loss) per common share attributable to PVH Corp.	$	3.05	$	13.45	$	(15.96)

Diluted net income (loss) per common share attributable to PVH Corp.	$	3.03	$	13.25	$	(15.96)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

Potentially dilutive securities excluded from the calculation of diluted net income (loss) per common share as the effect would be anti-dilutive were as follows:


(In millions)	2022	2021	2020
Weighted average potentially dilutive securities	1.4	0.7	2.4

SEGMENT DATA (Tables)

12 Months Ended

Jan. 29, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The Company’s revenue by segment was as follows:


(In millions)	2022		(1)(2)	2021		(1)(2)	2020		(1)(2)
Revenue – Tommy Hilfiger North America
Net sales	$	1,185.0		$	1,086.0		$	901.2
Royalty revenue	86.0			79.0			53.7
Advertising and other revenue	21.7			19.8			13.9
Total	1,292.7			1,184.8			968.8

Revenue – Tommy Hilfiger International
Net sales	3,282.1			3,446.6			2,615.6
Royalty revenue	61.9			56.8			40.1
Advertising and other revenue	20.7			15.5			11.9
Total	3,364.7			3,518.9			2,667.6

Revenue – Calvin Klein North America
Net sales	1,205.6			1,129.5			826.8
Royalty revenue	170.1			145.6			99.8
Advertising and other revenue	54.7			46.6			29.0
Total	1,430.4			1,321.7			955.6

Revenue – Calvin Klein International
Net sales	2,290.3			2,283.1			1,614.6
Royalty revenue	53.1			48.3			52.2
Advertising and other revenue	9.6			7.2			15.9
Total	2,353.0			2,338.6			1,682.7

Revenue – Heritage Brands Wholesale
Net sales	581.9			702.9			703.1
Royalty revenue	0.9			10.4			12.3
Advertising and other revenue	0.6			1.8			2.5
Total	583.4			715.1			717.9

Revenue – Heritage Brands Retail
Net sales	—			75.6			137.4
Royalty revenue	—			—			2.3
Advertising and other revenue	—			—			0.3
Total	—			75.6			140.0

Total Revenue
Net sales	8,544.9			8,723.7			6,798.7
Royalty revenue	372.0			340.1			260.4
Advertising and other revenue	107.3			90.9			73.5
Total(3)	$	9,024.2		$	9,154.7		$	7,132.6

(1) Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.

(3) No single customer accounted for more than 10% of the Company’s revenue in 2022, 2021 or 2020.

The Company’s revenue by distribution channel was as follows:


(In millions)	2022		(1)(2)	2021		(1)(2)	2020		(1)(2)
Wholesale net sales	$	4,704.0		$	4,860.9		$	3,534.8

Owned and operated retail stores	3,118.2			3,087.1			2,586.5
Owned and operated digital commerce sites	722.7			775.7			677.4
Retail net sales	3,840.9			3,862.8			3,263.9
Net sales	8,544.9			8,723.7			6,798.7

Royalty revenue	372.0			340.1			260.4
Advertising and other revenue	107.3			90.9			73.5
Total	$	9,024.2		$	9,154.7		$	7,132.6

(1) Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.

The Company has not disclosed net sales by product category as it is impracticable to do so.

The Company’s income (loss) before interest and taxes by segment was as follows:


(In millions)	2022		(1)	2021		(1)	2020		(1)(2)
(Loss) income before interest and taxes – Tommy Hilfiger North America	$	(175.4)	(4)(5)	$	21.2	(8)	$	(130.5)	(11)(12)

Income before interest and taxes – Tommy Hilfiger International	514.8		(5)(6)	654.2		(8)	259.5		(12)

(Loss) income before interest and taxes – Calvin Klein North America	(81.9)		(4)(5)	78.0		(8)	(384.5)		(11)(12)(13)

Income (loss) before interest and taxes – Calvin Klein International	252.6		(4)(5)(6)	377.6		(8)	(280.0)		(12)(13)

Income (loss) before interest and taxes – Heritage Brands Wholesale	47.4		(5)	160.9		(9)	(312.5)		(11)(13)

Loss before interest and taxes – Heritage Brands Retail	—			(33.9)		(10)	(93.4)		(10)(12)

Loss before interest and taxes – Corporate(3)	(86.8)		(5)(7)	(181.1)		(8)	(130.3)		(11)(14)

Income (loss) before interest and taxes	$	470.7		$	1,076.9		$	(1,071.7)

(1)Income (loss) before interest and taxes was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.

Intersegment transactions, which primarily consist of transfers of inventory, are not material.

The Company’s identifiable assets, depreciation and amortization, and identifiable capital expenditures by segment were as follows:


(In millions)	2022		2021		2020
Identifiable Assets(1)(2)
Tommy Hilfiger North America	$	1,296.3	$	1,409.8	$	1,447.9
Tommy Hilfiger International	4,875.4		4,913.2		5,295.3
Calvin Klein North America	1,527.2		1,609.8		1,522.6
Calvin Klein International	3,099.7		3,164.0		3,016.8
Heritage Brands Wholesale(3)	410.4		420.0		547.9
Heritage Brands Retail(4)	—		—		74.2
Corporate(5)	559.3		880.0		1,388.8
Total	$	11,768.3	$	12,396.8	$	13,293.5
Depreciation and Amortization
Tommy Hilfiger North America	$	30.5	$	32.5	$	38.1
Tommy Hilfiger International	125.0		130.2		131.8
Calvin Klein North America	29.6		31.6		30.8
Calvin Klein International	94.3		94.9		97.0
Heritage Brands Wholesale	10.7		11.2		11.5
Heritage Brands Retail	—		0.3		3.5
Corporate	11.4		12.6		13.1
Total	$	301.5	$	313.3	$	325.8
Identifiable Capital Expenditures(6)
Tommy Hilfiger North America	$	14.5	$	19.2	$	21.7
Tommy Hilfiger International	140.9		138.4		100.6
Calvin Klein North America	14.4		22.6		18.7
Calvin Klein International	103.7		85.7		54.2
Heritage Brands Wholesale	6.6		10.9		14.9
Heritage Brands Retail	—		—		0.7
Corporate	3.5		4.9		8.4
Total	$	283.6	$	281.7	$	219.2

(1)Identifiable assets included the impact of changes in foreign currency exchange rates.

(3)Identifiable assets in 2021 included a reduction of $99.4 million related to the Heritage Brands transaction. Please see Note 3, “Acquisitions and Divestitures,” for further discussion.

(4)As a result of the exit from the Heritage Brands Retail business in 2021, the Company’s Heritage Brands Retail segment has ceased operations.

(5)The changes in Corporate identifiable assets in 2022 and 2021 were primarily due to changes in cash and cash equivalents.

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]

Property, plant and equipment, net based on the location where such assets are held, was as follows:


(In millions)	2022 (1)		2021 (1)		2020 (1)
Domestic	$	384.3	$	429.0	$	466.3
Canada	10.4		13.8		19.3
Europe	406.4		378.7		374.7
Asia-Pacific	101.1		82.8		73.8
Other foreign	1.8		1.8		8.6
Total	$	904.0	$	906.1	$	942.7

(1)Property, plant and equipment, net included the impact of changes in foreign currency exchange rates.

Revenue, based on location of origin, was as follows:


(In millions)	2022 (1)(2)		2021 (1)(2)		2020 (1)(2)
Domestic(3)	$	2,854.9	$	2,894.7	$	2,460.0
Canada(3)	347.6		313.3		262.2
Europe	4,204.0		4,392.3		3,154.3
Asia-Pacific	1,492.3		1,454.4		1,189.6
Other foreign	125.4		100.0		66.5
Total	$	9,024.2	$	9,154.7	$	7,132.6

(1)Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.

(2)Revenue in 2020 was significantly negatively impacted by the COVID-19 pandemic, including as a result of reduced traffic and consumer spending trends, and temporary store closures for varying periods of time throughout the year. The Company’s wholesale customers and licensing partners also experienced significant business disruptions as a result of the pandemic, resulting in a decrease in the Company’s revenue from these channels. Revenue in 2021 and 2022 continued to be negatively impacted by the pandemic and related supply chain and logistics disruptions, although to a much lesser extent than in 2020.

(3)Revenue in 2021 and 2022 was negatively impacted by the Heritage Brands transaction and the exit from the Heritage Brands Retail business.

OTHER COMMENTS (Tables)

12 Months Ended

Jan. 29, 2023

Other Comments [Abstract]

Schedule of Change in Asset Retirement Obligation [Table Text Block]


(In millions)	2022		2021
Balance at beginning of year	$	45.6	$	45.4

Liabilities incurred	4.1		4.0
Liabilities settled (payments)	(5.6)		(3.2)
Accretion expense	0.6		0.4
Revisions in estimated cash flows	1.8		1.2
Currency translation adjustment	(1.8)		(2.2)
Balance at end of year	$	44.7	$	45.6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) $ in Millions		3 Months Ended	12 Months Ended
	Jul. 14, 2020 numberOfPositions	May 03, 2020 USD ($)	Jan. 29, 2023 USD ($) countries	Jan. 30, 2022 USD ($)	Jan. 31, 2021 USD ($)	May 31, 2021	Apr. 28, 2021 USD ($)	Apr. 08, 2020 USD ($)
Significant Accounting Policies
Hosting Arrangement, Service Contract, Implementation Cost, Capitalized, before Accumulated Amortization			$ 30.1	$ 18.0
Hosting Arrangement, Service Contract, Implementation Cost, Expense, Amortization			10.6	6.2	$ 4.4
Hosting Arrangement, Service Contract, Implementation Cost, Capitalized, after Accumulated Amortization			51.5	32.7
Warehousing and distribution expenses			357.9	332.4	288.9
Advertising expense			492.1	535.8	379.0
Prepaid Advertising			$ 2.0	5.2
Percent likelihood that tax position will be fully sustained			50.00%
Foreign currency transaction (gain) loss			$ 13.1	20.4	(5.6)
Noncash Impairment Charges					1,000.0
Impairment of Intangible Assets (Excluding Goodwill)					54.5
Goodwill, Impairment Loss					879.0
Impairment of Long-Lived Assets Held-for-use			51.7	47.0	$ 81.9
Allowance for credit losses on trade receivables			42.6	61.9
Retained earnings			$ 4,753.1	$ 4,562.8
Cash equivalents, maturity, maximum months			3 months
Cash and cash equivalents also include Receivables, Credit Card, Third Party Intermediaries collectible in			one week or less
Fiscal year, minimum number of weeks			P1Y
Fiscal year, maximum number of weeks			P1Y7D
Impairment, Intangible Asset, Indefinite-Lived (Excluding Goodwill), Statement of Income or Comprehensive Income [Extensible Enumeration]					Goodwill and other intangible asset impairments
Russia, Belarus, and Ukraine
Significant Accounting Policies
Approximate Percentage of Total Revenue				2.00%
Company-operated free-standing retail store locations [Member]
Significant Accounting Policies
Number of Stores			1,500
Number of Countries in which Entity Operates \| countries			35
Company-operated free-standing retail store locations [Member] \| Maximum [Member]
Significant Accounting Policies
Lessee, Operating Lease, Term of Contract			10 years
Company-operated free-standing retail store locations [Member] \| Minimum [Member]
Significant Accounting Policies
Lessee, Operating Lease, Term of Contract			3 years
Equipment [Member] \| Maximum [Member]
Significant Accounting Policies
Lessee, Operating Lease, Term of Contract			5 years
Equipment [Member] \| Minimum [Member]
Significant Accounting Policies
Lessee, Operating Lease, Term of Contract			1 year
Warehouses, distribution centers, showrooms, and office space [Member] \| Maximum [Member]
Significant Accounting Policies
Lessee, Operating Lease, Term of Contract			20 years
Warehouses, distribution centers, showrooms, and office space [Member] \| Minimum [Member]
Significant Accounting Policies
Lessee, Operating Lease, Term of Contract			10 years
2020 Facility [Member] \| United States of America, Dollars
Significant Accounting Policies
Line of credit facility, maximum borrowing capacity								$ 275.0
2021 Facility \| United States of America, Dollars
Significant Accounting Policies
Line of credit facility, maximum borrowing capacity							$ 275.0
North America Workforce Reduction [Member]
Significant Accounting Policies
Restructuring and Related Cost, Number of Positions Eliminated \| numberOfPositions	450
Restructuring and Related Cost, Number of Positions Eliminated, Period Percent	12.00%
Exit activity costs incurred					$ 39.7
Reduction in Workforce and Real Estate Footprint
Significant Accounting Policies
Restructuring Projected Annual Cost Savings				$ 60.0
Exit activity costs incurred				47.6
Reduction in Workforce and Real Estate Footprint \| Long-lived asset impairments [Member]
Significant Accounting Policies
Exit activity costs incurred				28.1
Russia Business Exit
Significant Accounting Policies
Exit activity costs incurred			$ 43.0
Russia Business Exit \| Long-lived asset impairments [Member]
Significant Accounting Policies
Exit activity costs incurred			43.6
Ethiopia Joint Venture [Member] \| 25
Significant Accounting Policies
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners						25.00%
Ethiopia Joint Venture [Member] \| 75% [Member]
Significant Accounting Policies
Non-Controlling Interest, Ownership Percentage by Parent						75.00%
Karl Lagerfeld [Member]
Significant Accounting Policies
Equity Method Investment, Other than Temporary Impairment					12.3
Fair Value, Nonrecurring [Member] \| Customer Relationships [Member]
Significant Accounting Policies
Impairment of Intangible Assets, Finite-lived		$ 7.3
Fair Value, Nonrecurring [Member] \| Other Intangible Assets
Significant Accounting Policies
Impairment of Intangible Assets, Finite-lived					7.3
Property, Plant and Equipment [Member] \| Fair Value, Nonrecurring [Member]
Significant Accounting Policies
Impairment of Long-Lived Assets Held-for-use			24.3	25.8	53.7
Tradenames
Significant Accounting Policies
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)					47.2
Tradenames \| Fair Value, Nonrecurring [Member]
Significant Accounting Policies
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)		47.2			47.2
Long-Lived Assets
Significant Accounting Policies
Noncash Impairment Charges					74.7
Long-lived Assets, Other [Member]
Significant Accounting Policies
Noncash Impairment Charges					1,021.0
Long-lived Assets, Other [Member] \| Fair Value, Nonrecurring [Member]
Significant Accounting Policies
Noncash Impairment Charges			468.8	$ 47.0	1,027.7
Long-lived Assets, Other [Member] \| Fair Value, Nonrecurring [Member] \| Selling, General and Administrative Expenses [Member]
Significant Accounting Policies
Noncash Impairment Charges			51.7		81.9
Goodwill \| Fair Value, Nonrecurring [Member]
Significant Accounting Policies
Goodwill, Impairment Loss		$ 879.0	$ 417.1		$ 879.0

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Property, Plant and Equipment (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Property, Plant and Equipment [Line Items]
Depreciation expense	$ 255.4	$ 266.6	$ 280.8
Buildings and building improvements [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life in years	15 years
Buildings and building improvements [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life in years	40 years
Machinery, software and equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life in years	2 years
Machinery, software and equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life in years	10 years
Furniture and fixtures [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life in years	2 years
Furniture and fixtures [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life in years	10 years
Shop-in-shops [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life in years	3 years
Shop-in-shops [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life in years	4 years

REVENUE Deferred Revenue (Details) - USD ($)
$ in Millions

12 Months Ended

Jan. 29, 2023

Jan. 30, 2022

Deferred Revenue [Line Items]

Payment terms, due from customer

Payment typically is due within 30 to 90 days.

Long-term deferred revenue liabilities (included in Other Liabilities)

$ 12.1

$ 15.0

Movement in Deferred Revenue [Roll Forward]

Deferred revenue, beginning balance

44.9

55.8

Net additions to deferred revenue during the period

49.8

42.2

Reductions in deferred revenue for revenue recognized during the period

^[1]

(40.4)

(51.5)

Reduction in deferred revenue related to the Heritage Brands transaction

0.0

(1.6)

^[2]

Deferred revenue, ending balance

$ 54.3

$ 44.9

[1]	Represents the amount of revenue recognized during the period that was included in the deferred revenue balance at the beginning of the period and does not contemplate revenue recognized from amounts deferred during the period.
[2]	The Company recorded a $1.6 million reduction in deferred revenue in connection with the Heritage Brands transaction. Please see Note 3, “Acquisitions and Divestitures,” for further discussion.

REVENUE Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction (Details) $ in Millions	Jan. 29, 2023 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-29
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 998.5
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-30
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 301.4
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-02-05
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 258.6
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-02-03
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 438.5
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period

ACQUISITIONS (Details) - USD ($) $ in Millions		12 Months Ended
ACQUISITIONS (Details) - USD ($) $ in Millions	May 31, 2019	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Business Acquisition [Line Items]
Payments for Repurchase of Redeemable Noncontrolling Interest		$ 0.0	$ 15.2	$ 12.7
Australia Acquisition [Member]
Business Acquisition [Line Items]
Business Ownership Percentage	100.00%
Mandatorily Redeemable Non-Controlling Interest to be Purchased in Tranche 1	50.00%
Tranche 1 Effective Period	one year after the closing
Tranche 2 Effective Period	two years after the closing
Payments for Repurchase of Redeemable Noncontrolling Interest			24.4	17.3
Australia Acquisition [Member] \| Financing Cash Flow [Member]
Business Acquisition [Line Items]
Payments for Repurchase of Redeemable Noncontrolling Interest			15.2	12.7
Australia Acquisition [Member] \| Operating Cash Flow [Member]
Business Acquisition [Line Items]
Payments for Repurchase of Redeemable Noncontrolling Interest			$ 9.2	4.6
Australia Acquisition [Member] \| 6% [Member]
Business Acquisition [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	6.00%
Australia Acquisition [Member] \| Gazal Corporation Limited [Member]
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired	78.00%
Australia Acquisition [Member] \| Fair Value, Inputs, Level 3 [Member]
Business Acquisition [Line Items]
Redeemable Noncontrolling Interest, Equity, Common, Redemption Value	$ 26.2
Noncontrolling Interest, Change in Redemption Value				$ 4.9

ACQUISITIONS Fair Value of Acquisition Consideration (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021	May 31, 2019
Business Acquisition [Line Items]
Payments for Repurchase of Redeemable Noncontrolling Interest	$ 0.0	$ 15.2	$ 12.7
Impairment of long-lived assets			1,000.0
Australia Acquisition [Member]
Business Acquisition [Line Items]
Payments for Repurchase of Redeemable Noncontrolling Interest		$ 24.4	$ 17.3
Australia Acquisition [Member] \| 6% [Member]
Business Acquisition [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners				6.00%
Fair Value, Inputs, Level 3 [Member] \| Australia Acquisition [Member]
Business Acquisition [Line Items]
Redeemable Noncontrolling Interest, Equity, Common, Redemption Value				$ 26.2

DIVESTITURES (Details) - USD ($) $ in Millions			3 Months Ended	12 Months Ended
DIVESTITURES (Details) - USD ($) $ in Millions	Aug. 02, 2021	Apr. 06, 2020	Feb. 02, 2020	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Business Acquisition [Line Items]
Proceeds from sale of certain Heritage Brands trademarks and other assets	$ 222.9			$ 0.0	$ 222.9	$ 0.0
Proceeds from sale of the Speedo North America business		$ 169.1		$ 0.0	0.0	169.1
Noncash Impairment Charges						1,000.0
Heritage Brands Transaction
Business Acquisition [Line Items]
Net proceeds from sale of certain Heritage Brands trademarks and other assets	216.3
Heritage Brands transaction gain					1.8
Speedo Transaction [Member]
Business Acquisition [Line Items]
Proceeds from sale of the Speedo North America business		170.0
Impairment of Long-Lived Assets to be Disposed of			$ 142.0
Non-service related pension and postretirement income [Member]
Business Acquisition [Line Items]
Special termination benefits					0.9
Non-service related pension and postretirement income [Member] \| Heritage Brands Transaction
Business Acquisition [Line Items]
Special termination benefits					$ 1.4
Other (gain) loss, net \| Heritage Brands Transaction
Business Acquisition [Line Items]
Other (gain) loss, net	118.5
Other noncash loss, net [Member] \| Speedo Transaction [Member]
Business Acquisition [Line Items]
Other (gain) loss, net		2.8
Other Noncash Expense		$ 5.9
Tradenames \| Fair Value, Nonrecurring [Member]
Business Acquisition [Line Items]
Long-lived assets, carrying amount						95.9
Long-lived assets, fair value						$ 48.7
Tradenames \| Heritage Brands Transaction
Business Acquisition [Line Items]
Net carrying value	$ 97.8

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($)
$ in Millions

Jan. 29, 2023

Jan. 30, 2022

Jan. 31, 2021

Less: Accumulated depreciation

$ 2,804.0

$ 2,652.1

(1,900.0)

(1,746.0)

^[1]

904.0

906.1

$ 942.7

Land [Member]

Buildings and building improvements [Member]

1.0

Machinery, software and equipment [Member]

30.7

30.6

Furniture and fixtures [Member]

1,093.5

981.9

Shop-in-shops/concession locations [Member]

588.3

549.0

Leasehold improvements [Member]

234.0

227.2

Construction in progress [Member]

768.2

765.1

$ 88.3

$ 97.3

[1]	Property, plant and equipment, net included the impact of changes in foreign currency exchange rates.

INVESTMENTS IN UNCONSOLIDATED AFFILIATES (Details) - USD ($) $ in Millions		12 Months Ended
	May 31, 2022	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021	Aug. 14, 2020
Schedule of Equity Method Investments [Line Items]
Payments made to unconsolidated affiliates		$ 0.0	$ 0.0	$ 1.6
Investments in Unconsolidated Affiliates		190.2	165.3
Cash proceeds received from sale of equity method investments		$ 19.1	0.0	0.0
CK India Joint Venture [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage					50.00%
PVH India Joint Venture [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage		50.00%
PVH Legwear Joint Venture [Member]
Schedule of Equity Method Investments [Line Items]
Dividends received from unconsolidated affiliates		$ 6.4	2.0
Payments made to unconsolidated affiliates				1.6
Equity Method Investment, Ownership Percentage		49.00%
Tommy Hilfiger Brazil Joint Venture [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage		41.00%
PVH Mexico Joint Venture [Member]
Schedule of Equity Method Investments [Line Items]
Dividends received from unconsolidated affiliates		$ 9.8	$ 16.8
Equity Method Investment, Ownership Percentage		49.00%
Karl Lagerfeld [Member]
Schedule of Equity Method Investments [Line Items]
Investments in Unconsolidated Affiliates	$ 1.0
Equity Method Investment, Other than Temporary Impairment				$ 12.3
Equity Method Investment, Ownership Percentage	8.00%
Equity Method Investment, Realized Gain on Sale		$ 16.1
TH India Joint Venture
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage					50.00%
Karl Lagerfeld Transaction
Schedule of Equity Method Investments [Line Items]
Proceeds from Equity Method Investment	$ 20.5
Proceeds held in escrow from sale of equity method investment	1.4
Equity Method Investment, Realized Gain on Sale	16.1
Cash proceeds received from sale of equity method investments	19.1
Reclassification from AOCL, Foreign Currency Translation Adjustments, Current Period, Net of Tax	$ 3.4
Measurement Input, Discount Rate [Member] \| Fair Value, Inputs, Level 3 [Member] \| Karl Lagerfeld [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Fair Value Input				10.90%

REDEEMABLE NON-CONTROLLING INTEREST (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021	May 31, 2021
Non-controlling Interest [Line Items]
Less: Net loss attributable to redeemable non-controlling interest	$ 0.0	$ (0.3)	$ (1.4)
Ethiopia Joint Venture [Member]
Non-controlling Interest [Line Items]
Redeemable Non-Controlling Interest				$ (3.7)
Ethiopia Joint Venture [Member] \| 75% [Member]
Non-controlling Interest [Line Items]
Non-Controlling Interest, Ownership Percentage by Parent				75.00%
Ethiopia Joint Venture [Member] \| 25
Non-controlling Interest [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners				25.00%

GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	May 03, 2020	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021	Aug. 01, 2022
Goodwill [Line Items]
Goodwill, Impairment Loss				$ (879.0)
Goodwill [Roll Forward]
Goodwill, gross, beginning of period		$ 3,615.2	$ 3,845.2
Accumulated impairment losses, beginning of period		(786.3)	(890.9)
Goodwill, net, end of period		2,359.0	2,828.9	2,954.3
Currency translation		(52.8)	(125.4)
Goodwill, gross, end of period		3,562.4	3,615.2	3,845.2
Accumulated impairment losses, end of period		(1,203.4)	(786.3)	(890.9)
Reduction of goodwill, gross related to the Hertitage Brands business			(11.9)
Reduction of accumulated impairment losses related to the exit from the Heritage Brands Retail business			11.9
Reduction of goodwill, gross related to the Heritage Brands transaction			(92.7)
Reduction of accumulated impairment losses related to the Heritage Brands transaction			92.7
Risk premium					4.00%
10% \| Goodwill
Goodwill [Line Items]
Discount Rate for Estimated Future Operating Cash Flows	10.00%
10.5% \| Goodwill
Goodwill [Line Items]
Discount Rate for Estimated Future Operating Cash Flows	10.50%
11% \| Goodwill
Goodwill [Line Items]
Discount Rate for Estimated Future Operating Cash Flows	11.00%
16% \| Goodwill
Goodwill [Line Items]
Discount Rate for Estimated Future Operating Cash Flows					16.00%
16.5% \| Goodwill
Goodwill [Line Items]
Discount Rate for Estimated Future Operating Cash Flows					16.50%
Calvin Klein Wholesale North America
Goodwill [Roll Forward]
Goodwill, net, end of period	$ 162.3
Calvin Klein Licensing and Advertising International
Goodwill [Roll Forward]
Goodwill, net, end of period	143.4	41.0
Calvin Klein Licensing and Advertising International \| 100 bps change in annual revenue growth rate
Goodwill [Line Items]
Amount Change in Estimated Fair Value					$ 8.0
Calvin Klein Licensing and Advertising International \| 100 bps change in weighted average cost of capital
Goodwill [Line Items]
Amount Change in Estimated Fair Value					6.0
Calvin Klein International [Member]
Goodwill [Roll Forward]
Goodwill, net, end of period	346.9
Tommy Hilfiger International [Member]
Goodwill [Line Items]
Reporting Unit Carrying Value	$ 2,948.5
Percentage of goodwill fair value in excess of carrying amount	5.00%
Goodwill [Roll Forward]
Goodwill, net, end of period	$ 1,557.5
Calvin Klein Licensing and Advertising North America
Goodwill [Line Items]
Reporting Unit Carrying Value					$ 464.4
Percentage of goodwill fair value in excess of carrying amount					9.00%
Goodwill [Roll Forward]
Goodwill, net, end of period		330.4
Calvin Klein Licensing and Advertising North America \| 100 bps change in annual revenue growth rate
Goodwill [Line Items]
Amount Change in Estimated Fair Value					$ 43.0
Calvin Klein Licensing and Advertising North America \| 100 bps change in weighted average cost of capital
Goodwill [Line Items]
Amount Change in Estimated Fair Value					$ 34.0
Calvin Klein North America [Member]
Goodwill [Roll Forward]
Goodwill, gross, beginning of period		781.8	781.8
Accumulated impairment losses, beginning of period		(287.3)	287.3
Goodwill, net, end of period		331.9	494.5	494.5
Currency translation		0.0	0.0
Goodwill, gross, end of period		781.8	781.8	781.8
Accumulated impairment losses, end of period		(449.9)	(287.3)	287.3
Calvin Klein International [Member]
Goodwill [Roll Forward]
Goodwill, gross, beginning of period		891.5	902.8
Accumulated impairment losses, beginning of period		(394.0)	394.0
Goodwill, net, end of period		413.7	497.5	508.8
Currency translation		(6.5)	(11.3)
Goodwill, gross, end of period		885.0	891.5	902.8
Accumulated impairment losses, end of period		(471.3)	(394.0)	394.0
Tommy Hilfiger North America [Member]
Goodwill [Roll Forward]
Goodwill, gross, beginning of period		203.0	203.0
Accumulated impairment losses, beginning of period		0.0	0.0
Goodwill, net, end of period		25.8	203.0	203.0
Currency translation		0.0	0.0
Goodwill, gross, end of period		203.0	203.0	203.0
Accumulated impairment losses, end of period		177.2	0.0	0.0
Tommy Hilfiger International [Member]
Goodwill [Roll Forward]
Goodwill, gross, beginning of period		1,633.9	1,748.0
Accumulated impairment losses, beginning of period		0.0	0.0
Goodwill, net, end of period		1,587.6	1,633.9	1,748.0
Currency translation		(46.3)	(114.1)
Goodwill, gross, end of period		1,587.6	1,633.9	1,748.0
Accumulated impairment losses, end of period		0.0	0.0	0.0
Heritage Brands Wholesale [Member]
Goodwill [Roll Forward]
Goodwill, gross, beginning of period		105.0	197.7
Accumulated impairment losses, beginning of period		105.0	197.7
Goodwill, net, end of period		0.0	0.0	0.0
Currency translation		0.0	0.0
Goodwill, gross, end of period		105.0	105.0	197.7
Accumulated impairment losses, end of period		(105.0)	105.0	197.7
Reduction of goodwill, gross related to the Heritage Brands transaction			(92.7)
Reduction of accumulated impairment losses related to the Heritage Brands transaction			92.7
Heritage Brands Retail [Member]
Goodwill [Line Items]
Goodwill, Impairment Loss		0.0
Goodwill [Roll Forward]
Goodwill, gross, beginning of period		0.0	11.9
Accumulated impairment losses, beginning of period		0.0	(11.9)
Goodwill, net, end of period		0.0	0.0	0.0
Currency translation		0.0	0.0
Goodwill, gross, end of period		0.0	0.0	11.9
Accumulated impairment losses, end of period		0.0	0.0	(11.9)
Reduction of goodwill, gross related to the Hertitage Brands business			(11.9)
Reduction of accumulated impairment losses related to the exit from the Heritage Brands Retail business			$ 11.9
Goodwill
Goodwill [Line Items]
Long-Lived Assets		458.1
Goodwill \| Fair Value, Nonrecurring [Member]
Goodwill [Line Items]
Long-Lived Assets				1,531.6
Goodwill, Impairment Loss	(879.0)	(417.1)		$ (879.0)
Goodwill \| Fair Value, Nonrecurring [Member] \| Calvin Klein North America [Member]
Goodwill [Line Items]
Goodwill, Impairment Loss	(287.3)	(162.6)
Goodwill \| Fair Value, Nonrecurring [Member] \| Calvin Klein International [Member]
Goodwill [Line Items]
Goodwill, Impairment Loss	(394.0)	(77.3)
Goodwill \| Fair Value, Nonrecurring [Member] \| Tommy Hilfiger North America [Member]
Goodwill [Line Items]
Goodwill, Impairment Loss		$ (177.2)
Goodwill \| Fair Value, Nonrecurring [Member] \| Heritage Brands Wholesale [Member]
Goodwill [Line Items]
Goodwill, Impairment Loss	$ (197.7)

GOODWILL AND OTHER INTANGIBLE ASSETS Intangible Assets (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	May 03, 2020	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021	Aug. 01, 2022	Feb. 02, 2020
Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross		$ 775.3	$ 792.1
Finite-Lived Intangible Assets, Accumulated Amortization		(447.6)	(425.4)
Finite-Lived Intangible Assets, Net		327.7	366.7
Indefinite-lived Intangible Assets (Excluding Goodwill)		2,922.2	2,940.3
Noncash Impairment Charges				$ 1,000.0
Intangible Assets, Gross (Excluding Goodwill)		3,697.5	3,732.4
Intangible Assets, Accumulated Amortization		(447.6)	(425.4)
Intangible Assets, Net (Excluding Goodwill)		3,249.9	3,307.0
Amortization of Intangible Assets		32.1	34.2
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
2023		23.6
2024		23.3
2025		17.5
2026		14.6
2027		14.3
Tradenames		2,701.1	2,722.9
Impairment, Intangible Asset, Finite-Lived, Statement of Income or Comprehensive Income [Extensible Enumeration]				Goodwill and other intangible asset impairments
Other Intangible Assets
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Percentage of goodwill fair value in excess of carrying amount					183.00%	85.00%
Goodwill \| 10%
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Discount Rate for Estimated Future Operating Cash Flows	10.00%
Tradenames
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Discount Rate for Estimated Future Operating Cash Flows	10.00%
Tradenames [Member]
Intangible Assets [Line Items]
Indefinite-lived Intangible Assets (Excluding Goodwill)		2,701.1	2,722.9
Reacquired Perpetual License Rights [Member]
Intangible Assets [Line Items]
Indefinite-lived Intangible Assets (Excluding Goodwill)		221.1	217.4
Warner's tradename
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Percentage of goodwill fair value in excess of carrying amount					4.00%
Tradenames					$ 95.8
Warner's tradename \| 100 bps change in annual revenue growth rate
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Amount Change in Estimated Fair Value					7.0
Warner's tradename \| 100 bps change in weighted average cost of capital
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Amount Change in Estimated Fair Value					$ 7.0
Warner's tradename \| Tradenames
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Discount Rate for Estimated Future Operating Cash Flows					16.00%
Customer Relationships [Member]
Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross		281.0	286.0
Finite-Lived Intangible Assets, Accumulated Amortization		(248.3)	(232.3)
Finite-Lived Intangible Assets, Net		32.7	53.7
Reacquired License Rights [Member]
Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross		494.3	506.1
Finite-Lived Intangible Assets, Accumulated Amortization		(199.3)	(193.1)
Finite-Lived Intangible Assets, Net		295.0	313.0
Australia Acquisition [Member] \| Reacquired License Rights [Member]
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Discount Rate for Estimated Future Operating Cash Flows	10.00%
Australia Acquisition [Member] \| Perpetual License Rights [Member]
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Discount Rate for Estimated Future Operating Cash Flows					19.00%
Fair Value, Nonrecurring [Member] \| Customer Relationships [Member]
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Impairment of Intangible Assets, Finite-lived	$ 7.3
Fair Value, Nonrecurring [Member] \| Customer Relationships [Member] \| Fair Value, Inputs, Level 3 [Member]
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Total Assets, Fair Value	0.0
Tradenames
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)				$ 47.2
Tradenames \| Fair Value, Nonrecurring [Member]
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	47.2			47.2
Total Assets, Fair Value				$ 48.7
Impairment, Intangible Asset, Finite-Lived, Statement of Income or Comprehensive Income [Extensible Enumeration]				Goodwill and other intangible asset impairments
Tradenames \| Fair Value, Nonrecurring [Member] \| Fair Value, Inputs, Level 3 [Member]
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Total Assets, Fair Value				$ 48.7
Tradenames \| Fair Value, Nonrecurring [Member] \| ARROW tradename
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	35.6
Tradenames	78.9
Total Assets, Fair Value	43.3
Tradenames \| Fair Value, Nonrecurring [Member] \| Geoffrey Beene tradename
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	11.6
Tradenames	17.0
Total Assets, Fair Value	5.4
Other Intangible Assets \| Fair Value, Nonrecurring [Member]
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Impairment of Intangible Assets, Finite-lived				7.3
Other Intangible Assets \| Fair Value, Nonrecurring [Member] \| Fair Value, Inputs, Level 3 [Member]
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Total Assets, Fair Value				0.0
Long-lived Assets, Other [Member]
Intangible Assets [Line Items]
Noncash Impairment Charges				1,021.0
Long-lived Assets, Other [Member] \| Fair Value, Nonrecurring [Member]
Intangible Assets [Line Items]
Noncash Impairment Charges		468.8	47.0	1,027.7
Heritage Brands Wholesale [Member] \| Fair Value, Nonrecurring [Member] \| Customer Relationships [Member]
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Impairment of Intangible Assets, Finite-lived	4.7
Heritage Brands Wholesale [Member] \| Long-lived Assets, Other [Member] \| Fair Value, Nonrecurring [Member]
Intangible Assets [Line Items]
Noncash Impairment Charges			1.5	249.6
Calvin Klein North America [Member] \| Fair Value, Nonrecurring [Member] \| Customer Relationships [Member]
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
Impairment of Intangible Assets, Finite-lived	$ 2.6
Calvin Klein North America [Member] \| Long-lived Assets, Other [Member] \| Fair Value, Nonrecurring [Member]
Intangible Assets [Line Items]
Noncash Impairment Charges		163.8	0.4	304.1
Calvin Klein International [Member] \| Long-lived Assets, Other [Member] \| Fair Value, Nonrecurring [Member]
Intangible Assets [Line Items]
Noncash Impairment Charges		$ 89.5	$ 2.8	$ 414.7

DEBT Short-Term Lines of Credit, Overdraft Facilities, Senior Secured Credit Facilities and Short-Term Revolving Credit Facilities (Details)
€ in Millions, $ in Millions, $ in Millions, $ in Millions

12 Months Ended

14 Months Ended

56 Months Ended

Dec. 09, 2022

USD ($)

Apr. 28, 2021

USD ($)

Jul. 10, 2020

USD ($)

Apr. 08, 2020

USD ($)

Jan. 29, 2023

USD ($)

Jan. 30, 2022

USD ($)

Jan. 31, 2021

USD ($)

Aug. 01, 2021

Dec. 09, 2027

Dec. 09, 2022

EUR (€)

Dec. 09, 2022

AUD ($)

Dec. 09, 2022

CAD ($)

Apr. 29, 2019

USD ($)

Apr. 29, 2019

EUR (€)

Letters of Credit Outstanding, Amount

$ 74.2

487.8

$ 1,051.3

$ 14.4

Senior Notes Due 2025

$ 6.2

2019 Facilities [Member]

Line of Credit Foreign Facilities [Member]

0.0

Line of credit facility, aggregate maximum borrowing capacity

198.8

Short-term debt, weighted average interest rate

$ 46.2

$ 10.8

2.31%

0.17%

Maximum amount of borrowings outstanding during the period

$ 49.4

Commercial Paper [Member]

Maximum amount of borrowings outstanding during the period

0.0

$ 0.0

130.0

2020 Facility [Member]

$ 2.0

2021 Facility

0.0

$ 0.8

2022 Facilities

United States of America, Dollars | Commercial Paper [Member]

0.0

Line of credit facility, aggregate maximum borrowing capacity

1,150.0

$ 675.0

United States of America, Dollars | Commercial Paper and 2019 Facilities [Member]

Line of credit facility, aggregate maximum borrowing capacity

675.0

United States of America, Dollars | 2020 Facility [Member]

Line of credit facility, aggregate maximum borrowing capacity

$ 275.0

United States of America, Dollars | 2021 Facility

Line of credit facility, aggregate maximum borrowing capacity

$ 275.0

United States of America, Dollars | Commercial Paper and 2022 Facilities

Line of credit facility, aggregate maximum borrowing capacity

1,150.0

2019 Facilities [Member] | Base Rate [Member]

2019 Facilities [Member] | Euro, British Pound, Japanese Yen, Swiss Francs, Australian dollars and other foreign currencies [Member]

0.25%

Line of credit facility, aggregate maximum borrowing capacity | €

€ 200.0

2019 Facilities [Member] | United States Dollars and Hong Kong Dollars [Member]

Line of credit facility, aggregate maximum borrowing capacity

50.0

2019 Facilities Term Loan A [Member]

^[1]

0.0

513.5

Mandatory repayments of Unsecured Debt

487.8

1,051.3

$ 14.4

22.5

Voluntary repayments of Unsecured Debt

$ 465.3

2022 Facilities Euro Term Loan A

Unsecured Debt | €

€ 440.6

2022 Facilities

Maximum Amount of Commitment Increase

$ 1,500.0

Debt modification and extinguishment costs

8.9

1.4

Deferred Debt Issuance Costs

7.5

Write-off of deferred debt issuance costs

1.3

2022 Facilities | Multicurrency revolving facility | EURIBOR or other specified rates

2022 Facilities | Multicurrency revolving facility | Base rate, Canadian prime rate or daily simple ESTR rate

1.125%

2022 Facilities | United States of America, Dollars | Multicurrency revolving facility

0.125%

Line of credit facility, aggregate maximum borrowing capacity

1,150.0

2022 Facilities | Australia, Dollars | Multicurrency revolving facility

Line of credit facility, aggregate maximum borrowing capacity

$ 50.0

2022 Facilities | Canada, Dollars | Multicurrency revolving facility

Line of credit facility, aggregate maximum borrowing capacity

$ 70.0

2022 Facilities | United States Dollars and Hong Kong Dollars [Member] | Multicurrency revolving facility

Line of credit facility, aggregate maximum borrowing capacity

$ 50.0

2022 Facilities Term Loan A

Term Loan A Repayment Percentage Quarters Following Refinance

^[1],[2]

$ 476.6

0.0

2.50%

2022 Facilities Term Loan A | One Month Adjusted Eurocurrency Rate Loan [Member]

$ 0.0

2019 Facilities USD Term Loan A [Member]

1.25%

$ 1,093.2

$ 1,029.6

[1]	The carrying amount of the euro-denominated Term Loan A facilities and the senior unsecured euro notes includes the impact of changes in the exchange rate of the United States dollar against the euro.
[2]	The outstanding principal balance for the euro-denominated Term Loan A facility was €440.6 million as of January 29, 2023.

DEBT Schedule of Mandatory Long-Term Debt Repayments (Details)
$ in Millions

Jan. 29, 2023

USD ($)

^[1]

Mandatory long-term debt repayment, 2023

$ 112.0

Mandatory long-term debt repayment, 2024

582.4

Mandatory long-term debt repayment, 2025

512.0

Mandatory long-term debt repayment, 2026

12.0

Mandatory long-term debt repayment, 2027

$ 1,082.8

[1]	A portion of the Company’s mandatory long-term debt repayments is denominated in euros and subject to changes in the exchange rate of the United States dollar against the euro.

DEBT Schedule of Long Term Debt Instruments (Details)
€ in Millions, $ in Millions, $ in Millions

12 Months Ended

14 Months Ended

56 Months Ended

Jul. 10, 2020

USD ($)

Apr. 24, 2020

USD ($)

Apr. 24, 2020

EUR (€)

Apr. 08, 2020

USD ($)

Jan. 29, 2023

USD ($)

Jan. 30, 2022

USD ($)

Jan. 31, 2021

USD ($)

Aug. 01, 2021

Dec. 09, 2027

Jan. 29, 2023

EUR (€)

Dec. 09, 2022

EUR (€)

Jun. 03, 2020

USD ($)

Apr. 29, 2019

USD ($)

Apr. 29, 2019

EUR (€)

Apr. 29, 2019

CAD ($)

Long-term Debt, Current Maturities

Long-term debt

$ 2,288.9

$ 2,352.4

111.9

34.8

Long-term Debt, Excluding Current Maturities

$ 2,177.0

2,317.6

Percentage of long-term debt at fixed interest rates

80.00%

Letters of Credit Outstanding, Amount

$ 74.2

Interest Paid, Including Capitalized Interest, Operating and Investing Activities

487.8

1,051.3

$ 14.4

82.1

96.8

111.2

Senior Debenture Due 2023 [Member]

99.9

99.8

Long-term Debt, Gross

$ 100.0

Senior Notes Due 2024 [Member]

7.75%

^[1]

$ 568.1

580.8

$ 3.0

€ 2.8

3.625%

Senior Notes Due 2027 [Member]

€ 175.0

€ 525.0

^[1]

$ 647.3

662.6

3.125%

€ 600.0

Senior Notes Due 2025

$ 497.0

495.7

$ 6.2

Debt instrument, face amount

4.625%

$ 500.0

United States of America, Dollars | United States Federal Funds Rate [Member]

United States of America, Dollars | One Month Adjusted Eurocurrency Rate Loan [Member]

0.50%

1.00%

2019 Facilities [Member]

Line of Credit, Current

0.0

2020 Facility [Member]

2020 Facility [Member] | United States of America, Dollars

$ 2.0

Line of credit facility, maximum borrowing capacity

$ 275.0

2019 Facilities USD Term Loan A [Member]

$ 1,093.2

2019 Facilities Euro Term Loan A [Member]

1,029.6

Unsecured Debt | €

€ 500.0

2019 Facilities [Member]

Minimum Liquidity Covenant

$ 400.0

2019 Facilities [Member] | United States Dollars and Canadian Dollars [Member]

Line of credit facility, maximum borrowing capacity

$ 70.0

2019 Facilities [Member] | Euro, British Pound, Japanese Yen, Swiss Francs, Australian dollars and other foreign currencies [Member]

Line of credit facility, maximum borrowing capacity | €

€ 200.0

2019 Facilities [Member] | United States Dollars and Hong Kong Dollars [Member]

Line of credit facility, maximum borrowing capacity

$ 50.0

2019 Facilities [Member] | Base Rate [Member]

2019 Facilities Term Loan A [Member]

0.25%

^[1]

$ 0.0

513.5

2022 Facilities Term Loan A

487.8

1,051.3

$ 14.4

Term Loan A Repayment Percentage Quarters Following Refinance

^[1],[2]

476.6

$ 0.0

2.50%

2022 Facilities Term Loan A | One Month Adjusted Eurocurrency Rate Loan [Member]

$ 0.0

2022 Facilities Euro Term Loan A

1.25%

Long-term Debt, Gross | €

Unsecured Debt | €

€ 440.6

€ 440.6

[1]	The carrying amount of the euro-denominated Term Loan A facilities and the senior unsecured euro notes includes the impact of changes in the exchange rate of the United States dollar against the euro.
[2]	The outstanding principal balance for the euro-denominated Term Loan A facility was €440.6 million as of January 29, 2023.

DEBT Interest Rate Swap Agreements (Details) - USD ($)
$ in Millions

Jan. 29, 2023

Feb. 26, 2021

Feb. 28, 2020

Feb. 18, 2020

Jun. 28, 2019

Feb. 19, 2019

Aug. 06, 2018

2020 Interest Rate Swap - 2 Year Term - August 2019 Designation [Member]

Schedule of Interest Rate Swap Agreements [Line Items]

1.1975%

2020 Interest Rate Swap - 2 Year Term - June 2019 Designation [Member]

$ 0.0

^[1]

$ 50.0

Schedule of Interest Rate Swap Agreements [Line Items]

1.409%

2019 Interest Rate Swap - 2 Year Term - June 2019 Designation [Member]

$ 0.0

^[1]

50.0

Schedule of Interest Rate Swap Agreements [Line Items]

1.719%

2020 Interest Rate Swap - 1 Year Term [Member]

$ 0.0

$ 50.0

Schedule of Interest Rate Swap Agreements [Line Items]

2.4187%

2019 Interest Rate Swap - 2 Year Term - November 2018 Designation [Member]

$ 0.0

$ 50.0

Schedule of Interest Rate Swap Agreements [Line Items]

2.8645%

2019 Interest Rate Swap - 2 Year Term - October 2018 Designation [Member]

$ 0.0

$ 139.2

Schedule of Interest Rate Swap Agreements [Line Items]

2.9975%

2018 Interest Rate Swap - 30 Month Term [Member]

$ 0.0

$ 115.7

Schedule of Interest Rate Swap Agreements [Line Items]

2.6825%

2020 Interest Rate Swap - 3 Year Term - February 2020 Designation

$ 0.0

$ 50.0

Schedule of Interest Rate Swap Agreements [Line Items]

1.2575%

2020 Interest Rate Swap -2 Year Term - February 2020 Designation

$ 0.0

^[1]

$ 50.0

Schedule of Interest Rate Swap Agreements [Line Items]

1.1625%

2020 Interest Rate Swap -2 Year Term - March 2020 Designation

$ 0.0

^[1]

$ 50.0

Schedule of Interest Rate Swap Agreements [Line Items]

0.562%

Net Tax Expense Resulting from 2021 Dutch Tax Plan

$ 0.0

^[1]

$ 50.0

[1]	The Company terminated in 2021 the interest rate swap agreements due to expire in February 2022 and February 2023 in connection with the early repayment of the outstanding principal balance under its USD TLA facility.

INCOME TAXES Domestic and Foreign Components (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021	Aug. 16, 2022
Income Taxes [Line Items]
Domestic	$ (404.9)	$ (120.3)	$ (1,248.7)
Foreign	793.1	1,093.0	55.7
Income (loss) before taxes	388.2	972.7	(1,193.0)
Impairment of long-lived assets			1,000.0
Net Tax Expense Resulting from 2021 Dutch Tax Plan			33.1
Inflation Reduction Act Alternative Minimum Corporate Tax Rate				15.00%
Inflation Reduction Act Excise Tax on Share Repurchases				1.00%
Long-lived Assets, Other [Member]
Income Taxes [Line Items]
Impairment of long-lived assets			1,021.0
Long-lived Assets, Other [Member] \| Fair Value, Nonrecurring [Member]
Income Taxes [Line Items]
Impairment of long-lived assets	$ 468.8	$ 47.0	$ 1,027.7

INCOME TAXES Current and Deferred Income Taxes (Details) - USD ($)
$ in Millions

12 Months Ended

Jan. 29, 2023

Jan. 30, 2022

Jan. 31, 2021

Income Tax Disclosure [Abstract]

$ 33.1

$ 106.3

32.3

Income Taxes Paid, Net [Abstract]

Income taxes paid

$ 254.5

155.4

130.7

Federal:

Current

(6.9)

(87.7)

(22.2)

Deferred

(5.1)

(51.4)

^[1]

(103.5)

State and local:

Current

(6.2)

19.6

3.1

Deferred

0.8

(21.7)

(19.0)

Foreign:

Current

191.1

153.7

108.3

Deferred

14.1

8.2

^[2]

(22.2)

^[3]

Total

$ 187.8

$ 20.7

$ (55.5)

[1]	Includes a $106.3 million benefit related to a tax accounting method change made in conjunction with the Company’s 2020 U.S. federal income tax return that provides additional tax benefits to the foreign components of the federal income tax provision.
[2]	Includes a $32.3 million benefit related to the remeasurement of certain net deferred tax assets in connection with the expiration of the special tax rates at the end of 2021.
[3]	Includes a $33.1 million expense related to the remeasurement of certain net deferred tax liabilities in connection with the enactment of legislation in the Netherlands known as the “2021 Dutch Tax Plan,” which became effective on January 1, 2021.

INCOME TAXES Tax Rate Reconciliation (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Income Tax Disclosure [Abstract]
Statutory federal income tax rate	21.00%	21.00%	21.00%
State and local income taxes, net of federal income tax benefit	1.10%	(0.10%)	1.70%
Effects of international jurisdictions, including foreign tax credits	1.60%	(8.00%)	(2.20%)
Change in estimates for uncertain tax positions	(2.20%)	(9.70%)	2.10%
Change in valuation allowance	1.20%	0.70%	0.90%
Tax accounting method change	0.00%	(10.90%)	0.00%
Tax on foreign earnings (U.S. Tax Legislation - GILTI and FDII)	1.20%	7.60%	(5.90%)
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Impairment Losses, Percent	22.30%	0.00%	(13.30%)
Excess tax benefits related to stock-based compensation	0.50%	0.00%	(0.40%)
Other, net	1.70%	1.50%	0.80%
Effective income tax rate	48.40%	2.10%	4.70%
Goodwill, Impairment Loss			$ 879.0
International Tax Jurisdictions	40

INCOME TAXES Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Jan. 29, 2023	Jan. 30, 2022
Gross Deferred Tax Assets [Abstract]
Tax loss and credit carryforwards	$ 143.6	$ 131.7
Operating Lease Liabilities	378.9	401.5
Employee compensation and benefits	59.9	111.8
Inventories	44.6	42.6
Accounts receivable	12.9	24.2
Accrued expenses	15.4	18.2
Property, plant and equipment	242.3	208.4
Other, net	17.2	0.0
Subtotal	914.8	938.4
Valuation allowances	(72.9)	(69.3)
Total gross deferred tax assets, net of valuation allowances	841.9	869.1
Gross Deferred Tax Liabilities [Abstract]
Intangibles	(807.1)	(828.8)
Operating lease right-of-use assets	(340.0)	(352.8)
Derivative financial instruments	(18.5)	(11.1)
Deferred Tax Liabilities, Other	0.0	(4.2)
Deferred Tax Liabilities, Gross	1,165.6	1,196.9
Total gross deferred tax liabilities	(323.7)	$ (327.8)
Other Data:
Net operating loss carryforwards	$ 173.0

INCOME TAXES Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at beginning of year	$ 127.8	$ 210.7	$ 219.9
Increases related to prior year tax positions	12.4	2.6	5.4
Decreases related to prior year tax positions	(12.3)	(0.2)	(2.9)
Increases related to current year tax positions	2.7	15.5	10.9
Lapses in statute of limitations	(12.0)	(93.3)	(30.7)
Increases resulting from foreign currency translation			8.1
Decreases resulting from foreign currency translation	(3.9)	(7.5)
Balance at end of year	114.7	127.8	210.7
Other Uncertain Tax Position Data:
Interest and Penalties - (Benefit) Expense	(0.9)	7.4	$ (2.3)
Interest and penalties accrued in balance sheets	20.1	$ 19.9
Maximum [Member]
Other Uncertain Tax Position Data:
Reasonably possible reduction in uncertain tax positions within 12 months, range	$ 45.0

DERIVATIVE FINANCIAL INSTRUMENTS (Details)
€ in Millions, $ in Millions

12 Months Ended

Jan. 29, 2023

USD ($)

Jan. 30, 2022

USD ($)

Jan. 31, 2021

USD ($)

Jan. 29, 2023

EUR (€)

Apr. 24, 2020

EUR (€)

Selling, general and administrative expenses

Cost of Goods Sold

$ 3,901.3

$ 3,830.6

$ 3,355.8

4,377.4

4,453.9

3,983.2

Interest expense

$ 89.6

108.6

125.5

Percentage of long-term debt at fixed interest rates

80.00%

Other Current Assets [Member]

$ 15.7

53.6

Other Assets [Member]

Accrued Expenses [Member]

0.1

2.7

Other Liabilities [Member]

33.2

1.7

Foreign Currency Forward Exchange Contracts [Member]

2.2

0.0

Net Investment Hedging [Member]

1,492.6

Long-term debt, fair value

1,192.0

1,361.7

Long-term debt, carrying amount

1,215.4

1,243.4

Undesignated contracts [Member] | Foreign Currency Forward Exchange Contracts [Member] | Other Current Assets [Member]

Undesignated contracts [Member] | Foreign Currency Forward Exchange Contracts [Member] | Other Assets [Member]

0.0

5.6

Undesignated contracts [Member] | Foreign Currency Forward Exchange Contracts [Member] | Accrued Expenses [Member]

0.0

Undesignated contracts [Member] | Foreign Currency Forward Exchange Contracts [Member] | Other Liabilities [Member]

12.5

1.1

Cost of Sales [Member] | Foreign Exchange Forward Inventory Purchases [Member]

0.0

Derivative Instruments, Net Gain Reclassification from AOCL to Expense, Estimated Net Amount to be Transferred

$ 16.6

Derivative Instruments, Net Gain Reclassification from AOCL to Expense, Estimate of time to transfer

12 months

Selling, General and Administrative Expenses [Member] | Undesignated contracts [Member] | Foreign Currency Forward Exchange Contracts [Member]

Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss) Recognized in Income (Expense), Net

$ 11.4

14.7

(11.8)

Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member]

Other Comprehensive (Loss) Income Designated Hedges Before Reclassifications And Tax

(17.9)

220.7

(192.2)

Derivative Instruments, Gain (Loss) Reclassified from AOCL into Income (Expense), Effective Portion, Net

27.6

(6.3)

1.5

Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Foreign Exchange Forward Inventory Purchases [Member]

Other Comprehensive (Loss) Income, Cash Flow Hedge, (Loss) Gain, before Reclassification and Tax

(48.3)

109.2

(57.3)

Derivative Instruments, Gain (Loss) Reclassified from AOCL into Income (Expense), Effective Portion, Net

$ 27.6

$ (1.8)

$ 12.5

Derivative Instrument, Gain (Loss) Reclassified from AOCI into Income, Effective Portion, Statement of Income or Comprehensive Income [Extensible Enumeration]

Cost of Goods Sold

Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Foreign Exchange Forward Inventory Purchases [Member] | Other Current Assets [Member]

Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Foreign Exchange Forward Inventory Purchases [Member] | Other Assets [Member]

$ 15.7

$ 48.0

Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Foreign Exchange Forward Inventory Purchases [Member] | Accrued Expenses [Member]

0.1

2.7

Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Foreign Exchange Forward Inventory Purchases [Member] | Other Liabilities [Member]

20.7

0.6

Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Interest Rate Swap [Member]

2.2

0.0

Other Comprehensive (Loss) Income, Cash Flow Hedge, (Loss) Gain, before Reclassification and Tax

0.0

0.2

$ (9.9)

Derivative Instruments, Gain (Loss) Reclassified from AOCL into Income (Expense), Effective Portion, Net

$ 0.0

$ (3.0)

$ (11.0)

Derivative Instrument, Gain (Loss) Reclassified from AOCI into Income, Effective Portion, Statement of Income or Comprehensive Income [Extensible Enumeration]

Interest expense

Cash Flow Hedging [Member] | Contracts designated as cash flow hedges [Member] | Net Investment Hedging [Member]

Other comprehensive (loss) income, Net Investment Hedge, (Loss) Gain, before Reclassification and Tax

$ 30.4

$ 111.3

$ (125.0)

Cash Flow Hedging [Member] | Undesignated contracts [Member] | Interest Rate Swap [Member]

Derivative Instruments, Gain (Loss) Reclassified from AOCL into Income (Expense), Effective Portion, Net

$ 0.0

$ (1.5)

^[1]

$ 0.0

Derivative Instrument, Gain (Loss) Reclassified from AOCI into Income, Effective Portion, Statement of Income or Comprehensive Income [Extensible Enumeration]

Selling, general and administrative expenses

Senior Notes Due 2027 [Member]

Long-term debt, carrying amount

€ 600.0

^[2]

$ 647.3

$ 662.6

Senior Notes Due 2024 [Member]

3.125%

Long-term debt, carrying amount

€ 525.0

€ 175.0

^[2]

$ 568.1

$ 580.8

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

3.625%

[1]	The Company dedesignated certain cash flow hedges related to its interest rate swap agreements during 2021 as discussed in the section entitled “Cash Flow Hedges” above.
[2]	The carrying amount of the euro-denominated Term Loan A facilities and the senior unsecured euro notes includes the impact of changes in the exchange rate of the United States dollar against the euro.

FAIR VALUE MEASUREMENTS (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
FAIR VALUE MEASUREMENTS (Details) - USD ($) $ in Millions	May 03, 2020	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents		$ 550.7	$ 1,242.5
Short-term borrowings		46.2	10.8
Long-term Debt (including portion classified as current) carrying amount		2,288.9	2,352.4
Goodwill and other intangible asset impairments		417.1	0.0	$ 933.5
Goodwill, Impairment Loss				$ 879.0
Impairment, Intangible Asset, Finite-Lived, Statement of Income or Comprehensive Income [Extensible Enumeration]				Goodwill and other intangible asset impairments
Impairment of Long-Lived Assets Held-for-use		$ 51.7	47.0	$ 81.9
Impairment of long-lived assets				1,000.0
Impairment, Long-Lived Asset, Held-for-Use, Statement of Income or Comprehensive Income [Extensible Enumeration]		Selling, general and administrative expenses
Reported Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents		$ 550.7	1,242.5
Short-term borrowings		46.2	10.8
Long-term Debt (including portion classified as current) carrying amount		2,288.9	2,352.4
Estimate of Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents, fair value		550.7	1,242.5
Short-term borrowings, fair value		46.2	10.8
Long-term Debt (including portion classified as current) fair value		2,262.3	2,522.4
Estimate of Fair Value Measurement [Member] \| Fair Value, Recurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign currency forward exchange contracts, assets		15.8	56.3
Deferred Compensation Plan Assets		7.2	0.3
Total Assets, Fair Value		23.0	56.6
Foreign currency forward exchange contracts, liabilities		35.4	1.7
Total Liabilities		35.4	1.7
Other Current Assets [Member] \| Estimate of Fair Value Measurement [Member] \| Fair Value, Recurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Deferred Compensation Plan Assets		0.7
Other Assets [Member] \| Estimate of Fair Value Measurement [Member] \| Fair Value, Recurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Deferred Compensation Plan Assets		6.5	0.3
Karl Lagerfeld [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Equity Method Investment, Other than Temporary Impairment				12.3
Operating lease right-of-use assets [Member] \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-lived assets, carrying amount		30.4	35.5	138.7
Impairment of Long-Lived Assets Held-for-use		27.4	$ 21.2	28.2
Impairment, Long-Lived Asset, Held-for-Use, Statement of Income or Comprehensive Income [Extensible Enumeration]			Selling, general and administrative expenses
Property, Plant and Equipment [Member] \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-lived assets, carrying amount	$ 17.1	24.6	$ 26.4	32.1
Total Assets, Fair Value	1.1		0.6	1.6
Impairment of Long-Lived Assets Held-for-use		24.3	25.8	53.7
Property, Plant and Equipment [Member] \| Heritage Retail Exit [Member] \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-lived assets, carrying amount				7.2
Total Assets, Fair Value				0.0
Long-lived Assets, Other [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impairment of long-lived assets				1,021.0
Long-lived Assets, Other [Member] \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impairment of long-lived assets		468.8	47.0	1,027.7
Long-lived Assets, Other [Member] \| Goodwill and Other Intangible Assets Impairments [Member] \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Goodwill and other intangible asset impairments				933.5
Long-lived Assets, Other [Member] \| Selling, General and Administrative Expenses [Member] \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impairment of long-lived assets		51.7		81.9
Tradenames
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)				47.2
Tradenames \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-lived assets, carrying amount				95.9
Total Assets, Fair Value				48.7
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	47.2			$ 47.2
Impairment, Intangible Asset, Finite-Lived, Statement of Income or Comprehensive Income [Extensible Enumeration]				Goodwill and other intangible asset impairments
Other Intangible Assets \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-lived assets, carrying amount				$ 7.3
Impairment of Intangible Assets, Finite-lived				7.3
Equity Method Investments \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Equity Method Investment, Other than Temporary Impairment				12.3
Equity Method Investments \| Karl Lagerfeld [Member] \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-lived assets, carrying amount				12.3
Goodwill
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-lived assets, carrying amount		458.1
Goodwill \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-lived assets, carrying amount				1,531.6
Total Assets, Fair Value				652.6
Goodwill, Impairment Loss	879.0	417.1		879.0
Goodwill \| Goodwill and Other Intangible Assets Impairments [Member] \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Goodwill, Impairment Loss		417.1
Fair Value, Inputs, Level 1 [Member] \| Fair Value, Recurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Deferred Compensation Plan Assets		1.5	0.0
Total Assets, Fair Value		1.5
Fair Value, Inputs, Level 2 [Member] \| Fair Value, Recurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Foreign currency forward exchange contracts, assets		15.8	56.3
Deferred Compensation Plan Assets		5.7	0.3
Total Assets, Fair Value		21.5	56.6
Foreign currency forward exchange contracts, liabilities		35.4	1.7
Total Liabilities		35.4	1.7
Fair Value, Inputs, Level 3 [Member] \| Operating lease right-of-use assets [Member] \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total Assets, Fair Value		3.0	14.3	110.5
Fair Value, Inputs, Level 3 [Member] \| Property, Plant and Equipment [Member] \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total Assets, Fair Value		0.3	0.6	2.7
Fair Value, Inputs, Level 3 [Member] \| Tradenames \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total Assets, Fair Value				48.7
Fair Value, Inputs, Level 3 [Member] \| Other Intangible Assets \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total Assets, Fair Value				0.0
Fair Value, Inputs, Level 3 [Member] \| Equity Method Investments \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total Assets, Fair Value				0.0
Fair Value, Inputs, Level 3 [Member] \| Goodwill \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total Assets, Fair Value		41.0		652.6
Calvin Klein North America [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Goodwill and other intangible asset impairments		162.6		289.9
Calvin Klein North America [Member] \| Long-lived Assets, Other [Member] \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impairment of long-lived assets		163.8	0.4	304.1
Calvin Klein North America [Member] \| Goodwill \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Goodwill, Impairment Loss	287.3	162.6
Tommy Hilfiger North America [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Goodwill and other intangible asset impairments		177.2
Tommy Hilfiger North America [Member] \| Long-lived Assets, Other [Member] \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impairment of long-lived assets		177.8	1.4	6.0
Tommy Hilfiger North America [Member] \| Goodwill \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Goodwill, Impairment Loss		177.2
Tommy Hilfiger International [Member] \| Long-lived Assets, Other [Member] \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impairment of long-lived assets		35.7	7.2	30.0
Calvin Klein International [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Goodwill and other intangible asset impairments		77.3		394.0
Calvin Klein International [Member] \| Long-lived Assets, Other [Member] \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impairment of long-lived assets		89.5	2.8	414.7
Calvin Klein International [Member] \| Goodwill \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Goodwill, Impairment Loss	394.0	77.3
Heritage Brands Retail [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Goodwill, Impairment Loss		0.0
Heritage Brands Retail [Member] \| Long-lived Assets, Other [Member] \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impairment of long-lived assets				11.0
Heritage Brands Wholesale [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Goodwill and other intangible asset impairments				249.6
Heritage Brands Wholesale [Member] \| Long-lived Assets, Other [Member] \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impairment of long-lived assets			1.5	249.6
Heritage Brands Wholesale [Member] \| Goodwill \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Goodwill, Impairment Loss	$ 197.7
Corporate [Member] \| Long-lived Assets, Other [Member] \| Fair Value, Nonrecurring [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impairment of long-lived assets		$ 2.0	$ 33.7	$ 12.3

RETIREMENT AND BENEFIT PLANS (Details) $ in Millions		12 Months Ended
RETIREMENT AND BENEFIT PLANS (Details) $ in Millions	Jul. 14, 2020 numberOfPositions	Jan. 29, 2023 USD ($)	Jan. 30, 2022 USD ($)	Jan. 31, 2021 USD ($)
Estimate of Fair Value Measurement [Member] \| Fair Value, Recurring [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deferred Compensation Plan Assets		$ 7.2	$ 0.3
Company contributions to saving and retirement plans, supplemental savings plan and defined contribution plan		$ 37.7	36.5	$ 34.2
SERP Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Number of Noncontributory Defined Benefit Pension Plans		3
Plan benefit payment activation age		65
Plan Benefit Payment Period		ten years
Pension Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Number of Noncontributory Defined Benefit Pension Plans		2
Vesting Period Noncontributory Defined Benefit Pension Plans		five years
Speedo Transaction [Member] \| SERP Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deconsolidation gain		$ 0.0	0.0	(0.6)
Speedo Transaction [Member] \| Pension Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deconsolidation gain		0.0	0.0	(2.2)
Speedo Transaction [Member] \| Postretirement Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deconsolidation gain		0.0	0.0	0.0
Heritage Brands Transaction
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deconsolidation gain			1.8
Heritage Brands Transaction \| SERP Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deconsolidation gain		0.0	(0.3)	0.0
Heritage Brands Transaction \| Pension Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deconsolidation gain		0.0	(1.5)	0.0
Heritage Brands Transaction \| Postretirement Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deconsolidation gain		$ 0.0	0.0	0.0
Non-service related pension and postretirement income [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Special termination benefits			0.9
Non-service related pension and postretirement income [Member] \| Heritage Brands Transaction
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Special termination benefits			$ 1.4
North America Workforce Reduction [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated \| numberOfPositions	450
Restructuring and Related Cost, Number of Positions Eliminated, Period Percent	12.00%
Special termination benefits				39.7
North America Workforce Reduction [Member] \| Non-service related pension and postretirement income [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Special termination benefits				$ 3.0

RETIREMENT AND BENEFIT PLANS Benefit Obligations (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Actuarial gain	$ 78.4	$ 48.7	$ 64.5
Heritage Brands Transaction
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Deconsolidation gain		1.8
Non-service related pension and postretirement income [Member]
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Special termination benefits		0.9
Non-service related pension and postretirement income [Member] \| Heritage Brands Transaction
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Special termination benefits		1.4
Pension Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Accumulated benefit obligation	547.0	746.4
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Balance at beginning of year	785.2	840.5
Service cost, net of plan expenses	29.3	38.1
Interest cost	25.3	24.8	25.5
Benefit payments	(72.4)	(48.7)
Benefit payments, net of retiree contributions	0.0	0.0
Actuarial gain	(194.2)	(68.5)
Balance at end of year	573.2	785.2	840.5
Pension Plans [Member] \| Speedo Transaction [Member]
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Deconsolidation gain	0.0	0.0	(2.2)
Pension Plans [Member] \| Heritage Brands Transaction
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Deconsolidation gain	0.0	(1.5)	0.0
Pension Plans [Member] \| Special Termination Benefits
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Special termination benefits	0.0	0.5
SERP Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Accumulated benefit obligation	52.7	85.3
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Balance at beginning of year	93.3	121.7
Service cost, net of plan expenses	2.5	4.7
Interest cost	2.8	3.3	3.5
Benefit payments	(35.6)	(24.5)
Benefit payments, net of retiree contributions	0.0	0.0
Actuarial gain	(6.7)	(13.4)
Balance at end of year	56.3	93.3	121.7
SERP Plans [Member] \| Speedo Transaction [Member]
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Deconsolidation gain	0.0	0.0	(0.6)
SERP Plans [Member] \| Heritage Brands Transaction
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Deconsolidation gain	0.0	(0.3)	0.0
SERP Plans [Member] \| Special Termination Benefits
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Special termination benefits	0.0	1.8
Postretirement Plans [Member]
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Balance at beginning of year	5.6	6.3
Service cost, net of plan expenses	0.0	0.0
Interest cost	0.1	0.1	0.2
Benefit payments	0.0	0.0
Benefit payments, net of retiree contributions	(0.6)	(0.7)
Actuarial gain	(1.1)	(0.1)
Balance at end of year	4.0	5.6	6.3
Postretirement Plans [Member] \| Speedo Transaction [Member]
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Deconsolidation gain	0.0	0.0	0.0
Postretirement Plans [Member] \| Heritage Brands Transaction
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Deconsolidation gain	0.0	0.0	0.0
Postretirement Plans [Member] \| Special Termination Benefits
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Special termination benefits	$ 0.0	$ 0.0	$ 0.0

RETIREMENT AND BENEFIT PLANS Fair Value of Plan Assets (Details) - USD ($)
$ in Millions

12 Months Ended

Jan. 29, 2023

Jan. 30, 2022

Actual return, net of plan expenses

$ 726.3

^[1]

$ 765.8

(83.9)

9.2

Benefit payments

(72.4)

(48.7)

Funded status at end of year

^[1]

570.2

726.3

(3.0)

(58.9)

Company contributions

$ 0.2

0.0

United States Equities [Member]

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Target allocation percentage of assets, equity securities

40.00%

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[2]

$ 186.8

United States Equities [Member] | Fair Value, Inputs, Level 1 [Member]

^[1],[2]

150.5

186.8

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[2]

186.8

United States Equities [Member] | Fair Value, Inputs, Level 2 [Member]

^[1],[2]

150.5

186.8

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[2]

0.0

United States Equities [Member] | Fair Value, Inputs, Level 3 [Member]

^[1],[2]

0.0

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[2]

0.0

International Equities [Member]

^[1],[2]

$ 0.0

0.0

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Target allocation percentage of assets, equity securities

20.00%

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[2]

$ 19.8

International Equities [Member] | Fair Value, Inputs, Level 1 [Member]

^[1],[2]

12.8

19.8

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[2]

19.8

International Equities [Member] | Fair Value, Inputs, Level 2 [Member]

^[1],[2]

12.8

19.8

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[2]

0.0

International Equities [Member] | Fair Value, Inputs, Level 3 [Member]

^[1],[2]

0.0

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[2]

0.0

Fixed Income Securities [Member]

^[1],[2]

$ 0.0

0.0

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Target allocation percentage of assets, equity securities

40.00%

United States equity fund [Member]

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[3]

$ 73.3

United States equity fund [Member] | Fair Value, Inputs, Level 1 [Member]

^[1],[3]

63.4

73.3

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[3]

0.0

United States equity fund [Member] | Fair Value, Inputs, Level 2 [Member]

^[1],[3]

0.0

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[3]

73.3

United States equity fund [Member] | Fair Value, Inputs, Level 3 [Member]

^[1],[3]

63.4

73.3

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[3]

0.0

International Equity Fund [Member]

^[1],[3]

0.0

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[4]

155.1

International Equity Fund [Member] | Fair Value, Inputs, Level 1 [Member]

^[1],[4]

119.4

155.1

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[4]

73.6

International Equity Fund [Member] | Fair Value, Inputs, Level 2 [Member]

^[1],[4]

65.3

73.6

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[4]

81.5

International Equity Fund [Member] | Fair Value, Inputs, Level 3 [Member]

^[1],[4]

54.1

81.5

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[4]

0.0

Government Securities [Member]

^[1],[4]

0.0

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[5]

62.5

Government Securities [Member] | Fair Value, Inputs, Level 1 [Member]

^[1],[5]

62.0

62.5

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[5]

0.0

Government Securities [Member] | Fair Value, Inputs, Level 2 [Member]

^[1],[5]

0.0

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[5]

62.5

Government Securities [Member] | Fair Value, Inputs, Level 3 [Member]

^[1],[5]

62.0

62.5

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[5]

0.0

Corporate Securities [Member]

^[1],[5]

0.0

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[5]

192.2

Corporate Securities [Member] | Fair Value, Inputs, Level 1 [Member]

^[1],[5]

147.4

192.2

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[5]

0.0

Corporate Securities [Member] | Fair Value, Inputs, Level 2 [Member]

^[1],[5]

0.0

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[5]

192.2

Corporate Securities [Member] | Fair Value, Inputs, Level 3 [Member]

^[1],[5]

147.4

192.2

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[5]

0.0

Short-term Investment Funds [Member]

^[1],[5]

0.0

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[6]

35.0

Short-term Investment Funds [Member] | Fair Value, Inputs, Level 1 [Member]

15.5

35.0

^[1],[6]

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[6]

0.0

Short-term Investment Funds [Member] | Fair Value, Inputs, Level 2 [Member]

^[1],[6]

0.0

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[6]

35.0

Short-term Investment Funds [Member] | Fair Value, Inputs, Level 3 [Member]

15.5

35.0

^[1],[6]

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[6]

0.0

Plan Assets, Excluding Other Assets and Liabilities [Member]

^[1],[6]

0.0

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1]

724.7

Plan Assets, Excluding Other Assets and Liabilities [Member] | Fair Value, Inputs, Level 1 [Member]

^[1]

571.0

724.7

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1]

280.2

Plan Assets, Excluding Other Assets and Liabilities [Member] | Fair Value, Inputs, Level 2 [Member]

^[1]

228.6

280.2

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1]

444.5

Plan Assets, Excluding Other Assets and Liabilities [Member] | Fair Value, Inputs, Level 3 [Member]

^[1]

342.4

444.5

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1]

0.0

Defined Benefit Plan, Other Assets and Liabilities [Member]

^[1]

0.0

Defined Benefit Plans and Other Postretirement Benefit Plans, Change in Fair Value of Plan Assets [Roll Forward]

^[1],[7]

1.6

Net gain (loss) on net investment hedges, net of tax

^[1],[7]

$ (0.8)

$ 1.6

[1]	The Company uses third party pricing services to determine the fair values of the financial instruments held by the pension plans. The Company obtains an understanding of the pricing services valuation methodologies and related inputs and validates a sample of prices by reviewing prices from other sources. The Company has not adjusted any prices received from the third party pricing services.
[2]	Valued at the closing price or unadjusted quoted price in the active market in which the individual securities are traded.
[3]	Valued at the net asset value of the fund, as determined by a pricing vendor or the fund family. The Company has the ability to redeem this investment at net asset value within the near term and therefore classifies this investment within Level 2. This commingled fund invests in United States large cap equities of companies that track the Russell 1000 Index.
[4]	Valued at the net asset value of the fund, either as determined by the closing price in the active market in which the individual fund is traded and classified within Level 1, or as determined by a pricing vendor or the fund family and classified within Level 2. This category includes funds that invest in equities of companies outside of the United States.
[5]	Valued with bid evaluation pricing where the inputs are based on actual trades in active markets, when available, as well as observable market inputs that include actual and comparable trade data, market benchmarks, broker quotes, trading spreads and/or other applicable data.
[6]	Valued at the net asset value of the funds, as determined by a pricing vendor or the fund family. The Company has the ability to redeem these investments at net asset value within the near term and therefore classifies these investments within Level 2. These funds invest in high-grade, short-term, money market instruments.
[7]	This category includes other pension assets and liabilities such as pending trades and accrued income.

RETIREMENT AND BENEFIT PLANS Amounts Recognized in Balance Sheets (Details) - USD ($) $ in Millions	Jan. 29, 2023	Jan. 30, 2022
Pension Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Current liabilities	$ 0.0	$ 0.0
Non-current liabilities	(3.0)	(58.9)
Net amount recognized	(3.0)	(58.9)
SERP Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Current liabilities	(7.3)	(35.6)
Non-current liabilities	(49.0)	(57.7)
Net amount recognized	(56.3)	(93.3)
Postretirement Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Current liabilities	(0.6)	(0.7)
Non-current liabilities	(3.4)	(4.9)
Net amount recognized	$ (4.0)	$ (5.6)

RETIREMENT AND BENEFIT PLANS Net Benefit Costs (Details) - USD ($) $ in Millions		12 Months Ended
	Apr. 06, 2020	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
North America Workforce Reduction [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Special termination benefits				$ 39.7
Speedo Transaction [Member] \| Other noncash loss, net [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Other (gain) loss, net	$ 2.8
Heritage Brands Transaction
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deconsolidation gain			$ 1.8
Pension Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost, including plan expenses		$ 31.3	40.1	45.0
Interest cost		25.3	24.8	25.5
Actuarial gain		(70.6)	(35.2)	(60.0)
Expected return on plan assets		(41.7)	(44.5)	(43.6)
Total		(55.7)	(15.8)	(34.2)
Pension Plans [Member] \| Speedo Transaction [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deconsolidation gain		0.0	0.0	(2.2)
Pension Plans [Member] \| Heritage Brands Transaction
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deconsolidation gain		0.0	(1.5)	0.0
Pension Plans [Member] \| Special Termination Benefits
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Special termination benefits		0.0	0.5
Pension Plans [Member] \| Special Termination Benefits \| North America Workforce Reduction [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Special termination benefits				1.1
SERP Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost, including plan expenses		2.5	4.7	5.7
Interest cost		2.8	3.3	3.5
Actuarial gain		(6.7)	(13.4)	(3.7)
Expected return on plan assets		0.0	0.0	0.0
Total		(1.4)	(3.9)	6.8
SERP Plans [Member] \| Speedo Transaction [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deconsolidation gain		0.0	0.0	(0.6)
SERP Plans [Member] \| Heritage Brands Transaction
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deconsolidation gain		0.0	(0.3)	0.0
SERP Plans [Member] \| Special Termination Benefits
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Special termination benefits		0.0	1.8
SERP Plans [Member] \| Special Termination Benefits \| North America Workforce Reduction [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Special termination benefits				1.9
Postretirement Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost, including plan expenses		0.0	0.0	0.0
Interest cost		0.1	0.1	0.2
Actuarial gain		(1.1)	(0.1)	(0.8)
Expected return on plan assets		0.0	0.0	0.0
Total		(1.0)	0.0	(0.6)
Postretirement Plans [Member] \| Speedo Transaction [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deconsolidation gain		0.0	0.0	0.0
Postretirement Plans [Member] \| Heritage Brands Transaction
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Deconsolidation gain		0.0	0.0	0.0
Postretirement Plans [Member] \| Special Termination Benefits
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Special termination benefits		$ 0.0	$ 0.0	$ 0.0

RETIREMENT AND BENEFIT PLANS Accumulated and Projected Benefit Obligations in Excess of Plan Assets (Details) $ in Millions	Jan. 29, 2023 USD ($)	Jan. 30, 2022 USD ($)
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Number of plans with projected benefit obligations in excess of plan assets	2	2
Aggregate projected benefit obligation	$ 573.2	$ 785.2
Aggregate fair value of related plan assets	$ 570.2	$ 726.3
Number of plans with accumulated benefit obligations in excess of plan assets	1	2
Aggregate accumulated benefit obligation	$ 2.6	$ 746.4
Aggregate fair value of related plan assets	$ 2.5	$ 726.3

RETIREMENT AND BENEFIT PLANS Weighted Average Rate Assumptions (Details)	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Pension and SERP Plans [Member]
Defined Benefit Plan, Assumptions Used in Calculations [Abstract]
Discount rate	5.19%	3.31%	3.04%
Postretirement Plans [Member]
Defined Benefit Plan, Assumptions Used in Calculations [Abstract]
Discount rate	4.98%	2.89%	2.29%
Pension Plans [Member]
Defined Benefit Plan, Assumptions Used in Calculations [Abstract]
Rate of increase in compensation levels	4.00%	4.00%	4.25%
Expected long-term rate of return on assets	6.25%	6.00%	6.00%

RETIREMENT AND BENEFIT PLANS Expected Future Benefit Payments (Details) $ in Millions	Jan. 29, 2023 USD ($)
Pension Plans [Member]
Defined Benefit Plan, Estimated Future Benefit Payments [Abstract]
2023	$ 43.0
2024	45.1
2025	45.5
2026	44.8
2027	45.1
2028-2032	225.8
SERP Plans [Member]
Defined Benefit Plan, Estimated Future Benefit Payments [Abstract]
2023	7.3
2024	6.0
2025	6.7
2026	5.8
2027	5.9
2028-2032	25.4
Postretirement Plans [Member]
Defined Benefit Plan, Estimated Future Benefit Payments [Abstract]
2023	0.6
2024	0.5
2025	0.5
2026	0.4
2027	0.4
2028-2032	$ 1.5

STOCK-BASED COMPENSATION Stock Incentive Plan (Details) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Share-Based Payment Arrangement [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	3.2
Stock-based compensation expense	$ 46.6	$ 46.8	$ 50.5
Recognized income tax benefits associated with stock-based compensation expense	5.9	6.2	5.9
Tax benefits realized from certain transactions associated with stock plan	3.7	$ 7.6	3.0
Discrete Net Excess Tax Deficiencies from Share-Based Compensation recognized in Provision for Income Taxes	$ 2.0		$ 5.4

STOCK-BASED COMPENSATION Stock Option Activity (Details) - USD ($)	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Equity Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Reduction in Number of Shares Available for Grant by Each Option Award	1
Vesting period (in years)	4 years
Beginning vesting term	one year after the date of grant
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	10 years
Unrecognized pre-tax compensation expense	$ 5,400,000
Unrecognized pre-tax compensation expense, period for recognition (in years)	1 year 9 months 18 days
Service-based stock option activity [Roll Forward]
Service-based stock options, outstanding, beginning of period	688,000
Service-based stock options, granted	134,000
Service-based stock options, exercised	0
Service-based stock options, forfeited/expired	128,000
Service-based stock options, outstanding, end of period	694,000	688,000
Service-based stock options, exercisable	480,000
Service-based stock options, outstanding, weighted average price per option, beginning of period	$ 103.40
Service-based stock options, granted, weighted average price per option	71.51
Service-based stock options, exercised, weighted average price per option	0
Service-based stock options, forfeited/expired, weighted average price per option	98.80
Service-based stock options, outstanding, weighted average price per option, end of period	98.08	$ 103.40
Service-based stock options, exercisable, weighted average price per option	$ 108.42
Service-based stock options, outstanding, weighted average remaining contractual life (in years), end of period	4 years 10 months 24 days	5 years
Share-based compensation arrangement by share-based payment award, options, exercisable, weighted average remaining contractual term	3 years 4 months 24 days
Service-based stock options, outstanding, aggregate intrinsic value, beginning of period	$ 4,576,000
Service-based stock options, outstanding, aggregate intrinsic value, end of period	5,027,000	$ 4,576,000
Service-based stock options, exercisable, aggregate intrinsic value	1,569,000
Options, additional disclosures:
Service-based stock options, granted, aggregate grant date fair value	4,600,000	4,600,000	$ 5,800,000
Service-based stock options, vested, aggregate grant date fair value	$ 1,700,000	7,200,000	5,000,000.0
Service-based stock options, exercised, total intrinsic value of options		$ 9,700,000	$ 700,000
Black-Scholes-Merton Model [Member]
Assumptions used to estimate fair value of service-based stock options [Abstract]
Weighted average risk-free interest rate	2.50%	1.24%	0.48%
Weighted average expected stock option term (in years)	6 years 3 months	6 years 3 months	6 years 3 months
Weighted average Company volatility	47.34%	47.58%	45.08%
Expected annual dividends per share	$ 0.15	$ 0.15	$ 0.15
Weighted average grant date fair value per stock option	$ 34.27	$ 48.28	$ 23.05

STOCK-BASED COMPENSATION - RSU, Restricted Stock and Performance Share Activity (Details) - USD ($)	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Reduction in Number of Shares Available for Grant by Each RSU or PSU award	2
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)	4 years
Beginning vesting term	one year after the date of grant
First RSU Vesting Installments, Nonemployee Directors, Number of Yrs Following Grant Date	the earlier of one year after the date of grant or the date of the Annual Meeting of Stockholders following the year of grant
Other than options, granted, aggregate grant date fair value	$ 53,600,000	$ 61,200,000	$ 59,200,000
Other than options, vested, aggregate grant date fair value	39,300,000	$ 50,200,000	41,200,000
Unrecognized pre-tax compensation expense	$ 69,300,000
Unrecognized pre-tax compensation expense, period for recognition (in years)	1 year 8 months 12 days
Non-vested activity [Roll Forward]
Other than options, non-vested number, beginning of period	1,176,000
Other than options, granted number	756,000
Other than options, vested number	427,000
Other than options, forfeited number	180,000
Other than options, non-vested number, end of period	1,325,000	1,176,000
Other than options, non-vested, weighted average grant date fair value, beginning of period	$ 88.09
Other than options, granted, weighted average grant date fair value	70.93
Other than options, vested, weighted average grant date fair value	92.11
Other than options, forfeited, weighted average grant date fair value	85.60
Other than options, non-vested, weighted average grant date fair value, end of period	$ 77.33	$ 88.09
Performance Share Units (PSU) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Other than options, granted, aggregate grant date fair value	$ 6,300,000	$ 5,800,000	$ 8,600,000
Unrecognized pre-tax compensation expense	$ 5,600,000
Unrecognized pre-tax compensation expense, period for recognition (in years)	1 year 8 months 12 days
Non-vested activity [Roll Forward]
Other than options, non-vested number, beginning of period	248,000
Other than options, granted number	72,000
Other than options, reduction due to market conditions not satisfied	67,000
Other than options, vested number	0
Other than options, forfeited number	9,000
Other than options, non-vested number, end of period	244,000	248,000
Other than options, non-vested, weighted average grant date fair value, beginning of period	$ 93.15
Other than options, granted, weighted average grant date fair value	87.16
Other than options, reduction due to market conditions not satisfied, weighted average grant fair value	118.28
Other than options, vested, weighted average grant date fair value	0
Other than options, forfeited, weighted average grant date fair value	96.80
Other than options, non-vested, weighted average grant date fair value, end of period	$ 84.40	$ 93.15
Performance Share Units (PSU) [Member] \| Performance Share Units (PSUs) granted in 2021 and 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)	3 years
Percentage of Final Number of Shares Based Upon the Company's Total Shareholder Return	50.00%
Percentage of Final Number of Shares Based Upon the Company's Consolidated Earnings Before Interest and Taxes	50.00%
Performance Share Units (PSU) [Member] \| Performance Share Units (PSUs) granted 2019 through 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)	3 years
Percentage of Final Number of Shares Based Upon the Company's Absolute Stock Price Growth	50.00%
Percentage of Final Number of Shares Based Upon the Company's Total Shareholder Return	50.00%
Monte Carlo model [Member] \| Performance Share Units (PSU) [Member]
Assumptions used to estimate fair value of stock based awards [Abstract]
Weighted average risk-free interest rate	2.91%	0.33%	0.19%
Weighted average Company volatility	64.02%	60.69%	51.86%
Expected annual dividends per share	$ 0.15	$ 0.15	$ 0.15
Restriction of Liquidity Discount	6.90%	8.40%	15.94%
Non-vested activity [Roll Forward]
Other than options, granted, weighted average grant date fair value	$ 103.36	$ 159.29	$ 64.89

STOCKHOLDERS' EQUITY (Details) - USD ($) $ / shares in Units, $ in Millions			12 Months Ended
	Nov. 24, 2021	Mar. 04, 2020	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021	Apr. 11, 2022
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Number of Shares Repurchased			6,359,892	3,438,819	1,536,550
Common Stock, Dividends, Per Share, Declared	$ 0.0375	$ 0.0375	$ 0.15	$ 0.0375	$ 0.0375
Dividends			$ 10.1	$ 2.7	$ 2.7
Dividend payment frequency per period			4
Four dividends
Equity, Class of Treasury Stock [Line Items]
Common Stock, Dividends, Per Share, Declared			$ 0.0375
Stock Repurchase Program [Member]
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Authorized Amount			$ 3,000.0			$ 1,000.0
Stock Repurchase Program, Number of Shares Repurchased			6,200,000	3,300,000	1,400,000
Stock Repurchase Program, Amount Purchased During Period			$ 399.4	$ 349.7	$ 110.7
Stock Repurchase Program, Remaining Authorized Repurchase Amount			$ 823.5

ACCUMULATED OTHER COMPREHENSIVE LOSS Changes in Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Millions

12 Months Ended

Jan. 29, 2023

Jan. 30, 2022

Jan. 31, 2021

$ (24.1)

$ (83.8)

$ 94.4

(612.7)

(100.4)

(93.6)

121.0

Foreign currency translation adjustments

(713.1)

(612.7)

Net gain (loss) on net investment hedges, net of tax

24.1

83.8

(94.4)

Other comprehensive (loss) income before reclassifications, net of tax

(665.9)

(481.6)

(665.7)

^[1]

(47.6)

^[2]

(184.3)

^[2]

184.1

^[3]

Less: Amounts reclassified from AOCL, net of tax

(3.4)

^[4]

0.0

(44.2)

(184.3)

184.1

Net unrealized and realized gain (loss) on effective cash flow hedges

(710.1)

(665.9)

(481.6)

Other comprehensive (loss) income before reclassifications, net of tax

53.2

(37.5)

25.6

(36.0)

88.1

(60.4)

Less: Amounts reclassified from AOCL, net of tax

20.2

(2.6)

2.7

(56.2)

90.7

(63.1)

Net gain (loss) on net investment hedges, net of tax

(3.0)

53.2

(37.5)

Total

(24.1)

(83.8)

94.4

Other comprehensive (loss) income before reclassifications, net of tax

(612.7)

(519.1)

(640.1)

(83.6)

(96.2)

123.7

Less: Amounts reclassified from AOCL, net of tax

16.8

(2.6)

2.7

(100.4)

(93.6)

121.0

$ (713.1)

$ (612.7)

$ (519.1)

[1]	Foreign currency translation adjustments included a net gain (loss) on net investment hedges of $24.1 million, $83.8 million and $(94.4) million in 2022, 2021 and 2020, respectively.
[2]	Unfavorable foreign currency translation adjustments were principally driven by a strengthening of the United States dollar against the euro
[3]	Favorable foreign currency translation adjustments were principally driven by a weakening of the United States dollar against the euro.
[4]	Foreign currency translation adjustment losses were reclassified from AOCL during the second quarter of 2022 in connection with the Karl Lagerfeld transaction. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion.

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

Amount after tax and reclassification adjustments of other comprehensive income (loss).

Interest Rate Swap [Member] | Selling, General and Administrative Expenses [Member]

ACCUMULATED OTHER COMPREHENSIVE LOSS Reclassifications out of Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Millions

12 Months Ended

Jan. 29, 2023

Jan. 30, 2022

Jan. 31, 2021

Reclassification from AOCL, Current Period, before Tax

^[1]

$ 0.0

$ (1.5)

$ 0.0

Net unrealized and realized gain (loss) on effective cash flow hedges

Reclassification from AOCL, Current Period, Net of Tax

20.2

(2.6)

2.7

Net unrealized and realized gain (loss) on effective cash flow hedges | Income tax expense (benefit)

Reclassification from AOCL, Current Period, Tax

7.4

(3.7)

(1.2)

Net unrealized and realized gain (loss) on effective cash flow hedges | Foreign Exchange Forward Inventory Purchases [Member] | Cost of Sales [Member]

Reclassification from AOCL, Current Period, before Tax

27.6

(1.8)

12.5

Net unrealized and realized gain (loss) on effective cash flow hedges | Interest Rate Swap [Member] | Interest Expense [Member]

Reclassification from AOCL, Current Period, before Tax

0.0

(3.0)

(11.0)

Foreign currency translation adjustments

Reclassification from AOCL, Current Period, Net of Tax

(3.4)

^[2]

0.0

Foreign currency translation adjustments | Income tax expense (benefit)

Reclassification from AOCL, Current Period, Tax

0.0

Foreign currency translation adjustments | Equity in net income (loss) of unconsolidated affiliates | Karl Lagerfeld Transaction

Reclassification from AOCL, Current Period, before Tax

$ (3.4)

^[3]

$ 0.0

[1]	The Company dedesignated certain cash flow hedges related to its interest rate swap agreements during 2021. Please see Note 10, “Derivative Financial Instruments,” for further discussion.
[2]	Foreign currency translation adjustment losses were reclassified from AOCL during the second quarter of 2022 in connection with the Karl Lagerfeld transaction. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion.
[3]	Foreign currency translation adjustment losses were reclassified from AOCL during the second quarter of 2022 in connection with the Karl Lagerfeld transaction. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion

LEASES (Details) $ in Millions	Jan. 29, 2023 USD ($) countries	Jan. 30, 2022
Lessee, Lease, Description [Line Items]
Lessee Lease Agreeements Signed but Not Yet Commenced Payments Due	$ 45.0
Operating Lease, Weighted Average Remaining Lease Term	6 years 1 month 17 days	6 years 3 months
Operating and Finance Leases, Total Future Minimum Payments [Abstract]
2023	$ 410.0
Finance Lease, Weighted Average Remaining Lease Term	3 years 2 months 8 days	2 years 6 months 3 days
Operating Lease, Weighted Average Discount Rate, Percent	4.10%	3.81%
Finance Lease, Weighted Average Discount Rate, Percent	2.09%	1.48%
Company-operated free-standing retail store locations [Member]
Lessee, Lease, Description [Line Items]
Number of Stores	1,500
Number of Countries in which Entity Operates \| countries	35
Maximum [Member] \| Warehouses, distribution centers, showrooms, and office space [Member]
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract	20 years
Maximum [Member] \| Company-operated free-standing retail store locations [Member]
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract	10 years
Maximum [Member] \| Equipment [Member]
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract	5 years
Minimum [Member] \| Warehouses, distribution centers, showrooms, and office space [Member]
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract	10 years
Minimum [Member] \| Company-operated free-standing retail store locations [Member]
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract	3 years
Minimum [Member] \| Equipment [Member]
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract	1 year

LEASES Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Operating and Finance Leased Assets [Line Items]
Impairment of Long-Lived Assets Held-for-use	$ 51.7	$ 47.0	$ 81.9
Operating lease right-of-use assets [Member] \| Fair Value, Nonrecurring [Member]
Operating and Finance Leased Assets [Line Items]
Long-lived assets, carrying amount	30.4	35.5	138.7
Impairment of Long-Lived Assets Held-for-use	27.4	21.2	28.2
Operating lease right-of-use assets [Member] \| Fair Value, Nonrecurring [Member] \| Fair Value, Inputs, Level 3 [Member]
Operating and Finance Leased Assets [Line Items]
Total Assets, Fair Value	$ 3.0	$ 14.3	$ 110.5

LEASES Components of Net Lease Cost (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Leases [Abstract]
Amortization of right-of-use assets	$ 4.2	$ 4.9	$ 5.2
Interest on lease liabilities	0.2	0.3	0.4
Total finance lease cost	4.4	5.2	5.6
Operating Lease, Cost	401.4	451.8	477.8
Short-term Lease, Cost	35.9	32.1	28.9
Variable Lease, Cost	116.2	100.5	71.7
Less: sublease income	(4.7)	(1.5)	(1.3)
Total net lease cost	553.2	588.1	582.7
Rent abatement [Abstract]
Rent Abatement	$ 4.8	$ 26.9	$ 50.3

LEASES Supplemental Balance Sheet Information Related to Leases (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022
Schedule of Supplemental Balance Sheet Information [Line Items]
Operating Lease Right-of-Use Asset	$ 1,295.7	$ 1,349.0
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property, Plant and Equipment, net	Property, Plant and Equipment, net
Lease, Right-of-Use Asset	$ 1,306.6	$ 1,357.1
Current portion of operating lease liabilities	$ 353.7	$ 375.4
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Accrued expenses	Accrued expenses
Lease, Liability, Current	$ 358.2	$ 379.4
Long-Term Portion of Operating Lease Liabilities	$ 1,140.0	$ 1,214.4
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other Liabilities, including deferred taxes of $357.5 and $373.9	Other Liabilities, including deferred taxes of $357.5 and $373.9
Lease, Liability, Noncurrent	$ 1,147.3	$ 1,219.6
Impairment, Long-Lived Asset, Held-for-Use, Statement of Income or Comprehensive Income [Extensible Enumeration]	Selling, general and administrative expenses

LEASES Supplemental Cash Flow Information Related to Leases (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Leases [Abstract]
Operating cash flows from operating leases	$ 450.8	$ 484.0	$ 396.1
Operating cash floes from finance leases	0.2	0.3	0.4
Financing cash flows from finance leases	4.7	5.2	5.5
Right-of-use assets obtained in exchange for new operating lease liabilities	338.6	267.3	247.3
Right-of-use asset obtained in exchange for new finance lease liabilities	$ 8.2	$ 2.6	$ 4.0

LEASES Maturities of Lease Liabilities (Details) $ in Millions	Jan. 29, 2023 USD ($)
Leases [Abstract]
2023, Operating	$ 405.3
2024, Operating	319.0
2025, Operating	243.9
2026, Operating	194.4
2027, Operating	161.1
Thereafter, Operating	382.4
Total lease payments, Operating	1,706.1
Less: Interest, Operating	(212.4)
Operating Lease, Liability	1,493.7
2023, Finance	4.7
2024, Finance	3.7
2025, Finance	2.6
2026, Finance	1.1
2027, Finance	0.0
Thereafter, Finance	0.0
Total lease payments, Finance	12.1
Less: Interest, Finance	(0.3)
Total lease liabilities, Finance	11.8
2023, Total	410.0
2024, Total	322.7
2025, Total	246.5
2026, Total	195.5
2027, Total	161.1
Thereafter, Total	382.4
Total lease payments, Total	1,718.2
Less: Interest, Total	(212.7)
Total lease liabilities, Total	1,505.5
Lessee Lease Agreeements Signed but Not Yet Commenced Payments Due	$ 45.0

EXIT ACTIVITY COSTS (Details)
$ in Millions

3 Months Ended

12 Months Ended

Jul. 14, 2020

numberOfPositions

Jan. 29, 2023

USD ($)

Jul. 31, 2022

USD ($)

May 03, 2020

USD ($)

Jan. 29, 2023

USD ($)

Jan. 30, 2022

USD ($)

Jan. 31, 2021

USD ($)

Goodwill | Fair Value, Nonrecurring [Member]

$ 879.0

$ 879.0

$ 417.1

879.0

Calvin Klein North America [Member] | Goodwill | Fair Value, Nonrecurring [Member]

$ 0.9

Calvin Klein International [Member] | Goodwill | Fair Value, Nonrecurring [Member]

287.3

162.6

Heritage Brands Wholesale [Member] | Goodwill | Fair Value, Nonrecurring [Member]

394.0

77.3

Tommy Hilfiger North America [Member] | Goodwill | Fair Value, Nonrecurring [Member]

$ 197.7

Heritage Retail Exit [Member]

177.2

5.9

Restructuring and Related Costs, Incurred Costs Excluding Long-Lived Asset Impairments and Inventory Markdowns

21.1

29.0

0.0

5.9

Restructuring and Related Cost, Cost Incurred to Date

$ 0.0

0.0

5.9

50.1

Heritage Retail Exit [Member] | Severance, termination benefits and other employee costs [Member]

3.5

0.0

10.8

14.6

3.5

Restructuring and Related Cost, Cost Incurred to Date

0.0

3.5

25.4

Heritage Retail Exit [Member] | Long-lived asset impairments [Member]

Restructuring and Related Cost, Cost Incurred to Date

0.0

7.2

7.2

Heritage Retail Exit [Member] | Lease/contract termination and other costs [Member]

2.4

0.0

4.4

0.0

2.4

Restructuring and Related Cost, Cost Incurred to Date

0.0

2.4

4.4

Heritage Retail Exit [Member] | Accelerated amortization of lease assets

Restructuring and Related Cost, Cost Incurred to Date

5.9

7.2

13.1

North America Workforce Reduction [Member]

Restructuring and Related Cost, Number of Positions Eliminated | numberOfPositions

39.7

450

Restructuring and Related Cost, Number of Positions Eliminated, Period Percent

12.00%

North America Workforce Reduction [Member] | Exit activity costs excluding inventory markdowns

North America Workforce Reduction [Member] | Selling, General and Administrative Expenses [Member]

39.7

North America Workforce Reduction [Member] | Non-service related pension and postretirement income [Member]

36.7

North America Workforce Reduction [Member] | Calvin Klein North America [Member]

3.0

North America Workforce Reduction [Member] | Calvin Klein North America [Member] | Exit activity costs excluding inventory markdowns

10.5

North America Workforce Reduction [Member] | Heritage Brands Wholesale [Member]

10.5

North America Workforce Reduction [Member] | Heritage Brands Wholesale [Member] | Exit activity costs excluding inventory markdowns

12.5

North America Workforce Reduction [Member] | Tommy Hilfiger North America [Member]

12.5

North America Workforce Reduction [Member] | Tommy Hilfiger North America [Member] | Exit activity costs excluding inventory markdowns

10.9

North America Workforce Reduction [Member] | Corporate [Member]

10.9

North America Workforce Reduction [Member] | Corporate [Member] | Exit activity costs excluding inventory markdowns

5.8

Reduction in Workforce and Real Estate Footprint

$ 5.8

Restructuring Projected Annual Cost Savings

47.6

60.0

Reduction in Workforce and Real Estate Footprint | Severance, termination benefits and other employee costs [Member]

6.2

0.0

15.7

3.4

Reduction in Workforce and Real Estate Footprint | Long-lived asset impairments [Member]

2.8

$ 2.8

6.2

Reduction in Workforce and Real Estate Footprint | Lease/contract termination and other costs [Member]

28.1

Reduction in Workforce and Real Estate Footprint | Calvin Klein North America [Member]

3.8

Reduction in Workforce and Real Estate Footprint | Calvin Klein International [Member]

2.1

Reduction in Workforce and Real Estate Footprint | Tommy Hilfiger North America [Member]

6.4

Reduction in Workforce and Real Estate Footprint | Corporate [Member]

1.7

Reduction in Workforce and Real Estate Footprint | Tommy Hilfiger International [Member]

28.5

2022 cost savings initiative

8.9

Restructuring and Related Cost, Number of Positions Eliminated, Period Percent

10.00%

Restructuring Projected Annual Cost Savings

100.0

$ 100.0

2022 cost savings initiative | Severance, termination benefits and other employee costs [Member]

0.0

20.2

7.0

2022 cost savings initiative | Calvin Klein North America [Member]

13.2

0.0

2022 cost savings initiative | Calvin Klein International [Member]

4.6

2022 cost savings initiative | Heritage Brands Wholesale [Member]

3.5

2022 cost savings initiative | Tommy Hilfiger North America [Member]

2.6

2022 cost savings initiative | Corporate [Member]

4.7

2022 cost savings initiative | Tommy Hilfiger International [Member]

2.3

2.5

Russia Business Exit

0.0

Restructuring and Related Costs, Incurred Costs Excluding Long-Lived Asset Impairments and Inventory Markdowns

43.0

6.9

6.0

Russia Business Exit | Severance, termination benefits and other employee costs [Member]

0.9

0.0

0.0

2.1

1.7

Russia Business Exit | Long-lived asset impairments [Member]

0.4

0.0

Russia Business Exit | Lease/contract termination and other costs [Member]

43.6

0.0

7.5

$ 4.8

4.8

4.3

Russia Business Exit | Gain on lease termination

$ 0.5

0.5

$ 0.0

Russia Business Exit | Calvin Klein International [Member]

^[1]

(2.7)

Russia Business Exit | Tommy Hilfiger International [Member]

11.4

$ 31.6

[1]

Gain on lease terminations, net of contract termination and other costs includes a $7.5 million gain related to the early termination of certain store lease agreements in Russia recorded during the fourth quarter of 2022 and $4.8 million of contract termination and other costs recorded during the second quarter of 2022.

NET INCOME (LOSS) PER COMMON SHARE (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Net Income (Loss) Attributable to PVH Corp.	$ 200.4	$ 952.3	$ (1,136.1)
Weighted average common shares outstanding for basic net income (loss) per common share	65.7	70.8	71.2
Weighted average impact of dilutive securities	0.5	1.1	0.0
Total shares for diluted net income (loss) per common share	66.2	71.9	71.2
Basic net income (loss) per common share attributable to PVH Corp.	$ 3.05	$ 13.45	$ (15.96)
Diluted net income (loss) per common share attributable to PVH Corp.	$ 3.03	$ 13.25	$ (15.96)
Weighted average potentially dilutive securities	1.4	0.7	2.4

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

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The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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NET INCOME (LOSS) PER COMMON SHARE - DILUTED (Details) - shares shares in Millions	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Maximum number of potentially dilutive shares that could be issued upon vesting of contingently issuable PSU awards	0.2	0.2	0.2

SUPPLEMENTAL CASH FLOW INFORMATION (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022	Jan. 31, 2021	May 31, 2019
Nonmonetary Transaction [Line Items]
Capital Expenditures Incurred but Not yet Paid	$ 39.4	$ 45.9	$ 32.1
Treasury Stock, Shares Purchased Not Yet Settled		$ 6.0
Australia Acquisition [Member]
Nonmonetary Transaction [Line Items]
Business Ownership Percentage				100.00%
Australia Acquisition [Member] \| 6% [Member]
Nonmonetary Transaction [Line Items]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners				6.00%
2019 Facilities [Member]
Nonmonetary Transaction [Line Items]
Write-off of deferred debt issuance costs	$ 1.3
Fair Value, Inputs, Level 3 [Member] \| Australia Acquisition [Member]
Nonmonetary Transaction [Line Items]
Redeemable Noncontrolling Interest, Equity, Common, Redemption Value				$ 26.2

SEGMENT DATA (Details) - USD ($)
$ in Millions

12 Months Ended

Jan. 29, 2023

Jan. 30, 2022

Jan. 31, 2021

May 03, 2020

Revenue:

^[1],[2],[3]

$ 9,024.2

$ 9,154.7

$ 7,132.6

Actuarial gain on retirement and benefit plans

^[4]

470.7

1,076.9

(1,071.7)

^[5]

78.4

48.7

64.5

Business Combination, Acquisition related costs

879.0

32.1

34.2

0.0

118.9

(3.1)

Impairment of Long-Lived Assets Held-for-use

417.1

0.0

933.5

51.7

47.0

81.9

1,000.0

Restructuring, Incurred Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]

0.0

$ (118.9)

3.1

Selling, general and administrative expenses

Long-Lived Assets

Fair Value, Nonrecurring [Member] | Property, Plant and Equipment [Member]

74.7

Impairment of Long-Lived Assets Held-for-use

24.3

$ 25.8

53.7

Total Assets, Fair Value

0.6

1.6

$ 1.1

Long-lived assets, carrying amount

24.6

26.4

32.1

$ 17.1

Fair Value, Inputs, Level 3 [Member] | Fair Value, Nonrecurring [Member] | Property, Plant and Equipment [Member]

Tommy Hilfiger North America [Member]

Total Assets, Fair Value

0.3

0.6

2.7

Revenue:

^[6]

1,292.7

1,184.8

968.8

(175.4)

^[7],[8]

21.2

^[9]

(130.5)

^[10],[11]

Tommy Hilfiger North America [Member] | Long-Lived Assets

177.2

Tommy Hilfiger International [Member]

6.0

Revenue:

^[6]

3,364.7

3,518.9

2,667.6

Tommy Hilfiger International [Member] | Long-Lived Assets

514.8

^[8],[12]

654.2

^[9]

259.5

^[10]

Calvin Klein North America [Member]

30.0

Revenue:

^[6]

1,430.4

1,321.7

955.6

(81.9)

^[7],[8]

78.0

^[9]

(384.5)

^{[10],[11],[13]}

Calvin Klein North America [Member] | Long-Lived Assets

162.6

289.9

Calvin Klein International [Member]

14.2

Revenue:

^[6]

2,353.0

2,338.6

1,682.7

252.6

^[7],[8],[12]

377.6

^[9]

(280.0)

^[10],[13]

Calvin Klein International [Member] | Long-Lived Assets

77.3

394.0

Heritage Brands Wholesale [Member]

20.7

Revenue:

^[6]

583.4

715.1

717.9

47.4

^[8]

160.9

^[14]

(312.5)

^[11],[13]

Heritage Brands Retail [Member]

249.6

Revenue:

^[6]

0.0

75.6

140.0

0.0

(33.9)

^[15]

(93.4)

^[10],[15]

Heritage Brands Retail [Member] | Long-Lived Assets

0.0

3.8

Corporate [Member]

Actuarial gain on retirement and benefit plans

^[16]

(86.8)

^[8],[17]

(181.1)

^[9]

(130.3)

^[11],[18]

78.4

48.7

(64.5)

Karl Lagerfeld [Member]

Equity Method Investment, Realized Gain on Sale

16.1

Equity Method Investment, Other than Temporary Impairment

12.3

Russia Business Exit

Russia Business Exit | Severance, termination benefits and other employee costs [Member]

43.0

Russia Business Exit | Tommy Hilfiger International [Member]

2.1

Russia Business Exit | Calvin Klein International [Member]

31.6

Reduction in Workforce and Real Estate Footprint

11.4

Reduction in Workforce and Real Estate Footprint | Severance, termination benefits and other employee costs [Member]

47.6

Reduction in Workforce and Real Estate Footprint | Tommy Hilfiger North America [Member]

0.0

15.7

Reduction in Workforce and Real Estate Footprint | Tommy Hilfiger International [Member]

1.7

Reduction in Workforce and Real Estate Footprint | Calvin Klein North America [Member]

8.9

Reduction in Workforce and Real Estate Footprint | Calvin Klein International [Member]

2.1

Reduction in Workforce and Real Estate Footprint | Corporate [Member]

6.4

North America Workforce Reduction [Member]

28.5

North America Workforce Reduction [Member] | Tommy Hilfiger North America [Member]

39.7

North America Workforce Reduction [Member] | Calvin Klein North America [Member]

10.9

North America Workforce Reduction [Member] | Heritage Brands Wholesale [Member]

10.5

North America Workforce Reduction [Member] | Corporate [Member]

12.5

2022 cost savings initiative | Severance, termination benefits and other employee costs [Member]

5.8

2022 cost savings initiative | Tommy Hilfiger North America [Member]

20.2

2022 cost savings initiative | Tommy Hilfiger International [Member]

4.7

2022 cost savings initiative | Calvin Klein North America [Member]

2.5

2022 cost savings initiative | Calvin Klein International [Member]

4.6

2022 cost savings initiative | Heritage Brands Wholesale [Member]

3.5

2022 cost savings initiative | Corporate [Member]

2.6

2.3

Net sales

Revenue:

Net sales | Tommy Hilfiger North America [Member]

8,544.9

8,723.7

6,798.7

Revenue:

Net sales | Tommy Hilfiger International [Member]

1,185.0

1,086.0

901.2

Revenue:

Net sales | Calvin Klein North America [Member]

3,282.1

3,446.6

2,615.6

Revenue:

Net sales | Calvin Klein International [Member]

1,205.6

1,129.5

826.8

Revenue:

Net sales | Heritage Brands Wholesale [Member]

2,290.3

2,283.1

1,614.6

Revenue:

Net sales | Heritage Brands Retail [Member]

581.9

702.9

703.1

Revenue:

0.0

75.6

137.4

Royalty revenue

Revenue:

Royalty revenue | Tommy Hilfiger North America [Member]

372.0

340.1

260.4

Revenue:

Royalty revenue | Tommy Hilfiger International [Member]

86.0

79.0

53.7

Revenue:

Royalty revenue | Calvin Klein North America [Member]

61.9

56.8

40.1

Revenue:

Royalty revenue | Calvin Klein International [Member]

170.1

145.6

99.8

Revenue:

Royalty revenue | Heritage Brands Wholesale [Member]

53.1

48.3

52.2

Revenue:

Royalty revenue | Heritage Brands Retail [Member]

0.9

10.4

12.3

Revenue:

Advertising and other revenue

0.0

2.3

Revenue:

Advertising and other revenue | Tommy Hilfiger North America [Member]

107.3

90.9

73.5

Revenue:

Advertising and other revenue | Tommy Hilfiger International [Member]

21.7

19.8

13.9

Revenue:

Advertising and other revenue | Calvin Klein North America [Member]

20.7

15.5

11.9

Revenue:

Advertising and other revenue | Calvin Klein International [Member]

54.7

46.6

29.0

Revenue:

Advertising and other revenue | Heritage Brands Wholesale [Member]

9.6

7.2

15.9

Revenue:

Advertising and other revenue | Heritage Brands Retail [Member]

0.6

1.8

2.5

Revenue:

Heritage Brands Transaction | Heritage Brands Wholesale [Member]

$ 0.0

0.0

$ 0.3

Aggregate net gain in connection with the Heritage Brands transaction

5.5

113.4

$ 118.9

[1]	No single customer accounted for more than 10% of the Company’s revenue in 2022, 2021 or 2020.
[2]	Revenue in 2020 was significantly negatively impacted by the COVID-19 pandemic, including as a result of reduced traffic and consumer spending trends, and temporary store closures for varying periods of time throughout the year. The Company’s wholesale customers and licensing partners also experienced significant business disruptions as a result of the pandemic, resulting in a decrease in the Company’s revenue from these channels. Revenue in 2021 and 2022 continued to be negatively impacted by the pandemic and related supply chain and logistics disruptions, although to a much lesser extent than in 2020.
[3]	Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.
[4]	Income (loss) before interest and taxes was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.
[5]	Loss before interest and taxes in 2020 was significantly adversely impacted by the COVID-19 pandemic, including as a result of the unprecedented material decline in revenue noted above. As well, loss before interest and taxes in 2020 was significantly adversely impacted by $1.0 billion of noncash impairment charges related to goodwill, tradenames, and other intangible assets, store assets and an equity method investment resulting from the significant adverse impacts of the COVID-19 pandemic on the Company’s business. Please see notes (12), (13) and (14) below for further discussion.
[6]	Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.
[7]	(Loss) income before interest and taxes for 2022 included a noncash goodwill impairment charge of $417.1 million. The $417.1 million goodwill impairment charge was included in the Company’s segments as follows: $177.2 million in Tommy Hilfiger North America, $162.6 million in Calvin Klein North America and $77.3 million in Calvin Klein International. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion.
[8]	(Loss) income before interest and taxes for 2022 included costs of $20.2 million incurred related to the cost savings initiative described in Note 17, “Exit Activity Costs,” consisting of severance. Such costs were included in the Company’s segments as follows: $4.7 million in Tommy Hilfiger North America, $2.5 million in Tommy Hilfiger International, $4.6 million in Calvin Klein North America, $3.5 million in Calvin Klein International, $2.6 million in Heritage Brands Wholesale and $2.3 in corporate expenses not allocated to any reportable segments. Please see Note 17, “Exit Activity Costs,” for further discussion.
[9]	Income (loss) before interest and taxes for 2021 included costs of $47.6 million incurred in connection with actions to streamline the Company’s organization through reductions in its workforce, primarily in certain international markets, and to reduce its real estate footprint, including reductions in office space and select store closures, consisting of noncash asset impairments, severance, and contract termination and other costs. Such costs were included in the Company’s segments as follows: $1.7 million in Tommy Hilfiger North America, $8.9 million in Tommy Hilfiger International, $2.1 million in Calvin Klein North America, $6.4 million in Calvin Klein International and $28.5 million in corporate expenses not allocated to any reportable segments. Please see Note 17, “Exit Activity Costs,” for further discussion.
[10]	(Loss) income before interest and taxes for 2020 included noncash impairment charges of $74.7 million related to the Company’s store assets. The $74.7 million of impairment charges were included in the Company’s segments as follows: $6.0 million in Tommy Hilfiger North America, $30.0 million in Tommy Hilfiger International, $14.2 million in Calvin Klein North America, $20.7 million in Calvin Klein International and $3.8 million in Heritage Brands Retail. Please see Note 11, “Fair Value Measurements,” for further discussion.
[11]	Loss before interest and taxes for 2020 included costs of $39.7 million incurred in connection with the North America workforce reduction, primarily consisting of severance. Such costs were included in the Company’s segments as follows: $10.9 million in Tommy Hilfiger North America, $10.5 million in Calvin Klein North America, $12.5 million in Heritage Brands Wholesale, and $5.8 million in corporate expenses not allocated to any reportable segments. Please see Note 17, “Exit Activity Costs,” for further discussion.
[12]	Income before interest and taxes for 2022 included net costs of $43.0 million incurred in connection with the Company’s decision to exit from its Russia business, principally consisting of noncash asset impairments. Such costs were included in the Company’s segments as follows: $31.6 million in Tommy Hilfiger International and $11.4 million in Calvin Klein International. Please see Note 17, “Exit Activity Costs,” for further discussion.
[13]	Loss before interest and taxes for 2020 included noncash impairment charges of $933.5 million, primarily related to goodwill, tradenames and other intangible assets. The $933.5 million of impairment charges were included in the Company’s segments as follows: $289.9 million in Calvin Klein North America, $394.0 million in Calvin Klein International and $249.6 million in Heritage Brands Wholesale. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion.
[14]	Income before interest and taxes for 2021 included an aggregate net gain of $113.4 million in connection with the Heritage Brands transaction, consisting of (i) a $118.9 million gain, including a gain on the sale, less costs to sell, and a net gain on the Company’s retirement plans associated with the transaction, partially offset by (ii) $5.5 million of severance costs. Please see Note 3, “Acquisitions and Divestitures,” for further discussion.
[15]	Loss before interest and taxes for 2021 and 2020 included costs and operating losses, as well as noncash asset impairments in 2020, associated with the wind down of the Heritage Brands Retail business that was completed in 2021. Please see Note 17, “Exit Activity Costs,” for further discussion.
[16]	Includes corporate expenses not allocated to any reportable segments, the results of PVH Ethiopia (through the closure of the Ethiopia factory in the fourth quarter of 2021) and the Company’s proportionate share of the net income or loss of its investment in Karl Lagerfeld prior to the closing of the Karl Lagerfeld transaction in the second quarter of 2022. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion of the Company’s investment in Karl Lagerfeld and Note 6, “Redeemable Non-Controlling Interest,” for further discussion of PVH Ethiopia. Corporate expenses represent overhead operating expenses and include expenses for senior corporate management, corporate finance, information technology related to corporate infrastructure, certain digital investments, certain corporate responsibility initiatives, certain global strategic initiatives and actuarial gains and losses on the Company’s Pension Plans, SERP Plans and Postretirement Plans. Actuarial gains on the Company’s Pension Plans, SERP Plans and Postretirement Plans totaled $78.4 million, $48.7 million and $64.5 million in 2022, 2021 and 2020, respectively.
[17]	Loss before interest and taxes for 2022 included a gain of $16.1 million in connection with the Karl Lagerfeld transaction. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion.
[18]	Loss before interest and taxes for 2020 included a noncash impairment charge of $12.3 million related to the Company’s equity method investment in Karl Lagerfeld. Please see Note 5, “Investments in Unconsolidated Affiliates,” for further discussion.

SEGMENT DATA Revenue by Distribution Channel (Details) - USD ($)
$ in Millions

12 Months Ended

Jan. 29, 2023

Jan. 30, 2022

Jan. 31, 2021

^[1],[2],[3]

$ 9,024.2

$ 9,154.7

$ 7,132.6

Calvin Klein International [Member]

417.1

0.0

933.5

^[4]

2,353.0

$ 2,338.6

1,682.7

Revenue Benchmark | Customer Concentration Risk | Revenue Benchmark

$ 77.3

$ 394.0

Percentage of company's revenue by one single customer

10.00%

Net sales

Net sales | Calvin Klein International [Member]

$ 8,544.9

$ 8,723.7

$ 6,798.7

2,290.3

2,283.1

1,614.6

Net sales | Wholesale

4,704.0

4,860.9

3,534.8

Net sales | Retail

Net sales | Sales Channel, Sales to Owned and Operated Digital Retail Customers

3,840.9

3,862.8

3,263.9

Net sales | Sales Channel, Sales to Owned and Operated Retail Customers

722.7

775.7

677.4

3,118.2

3,087.1

2,586.5

Royalty revenue

Royalty revenue | Calvin Klein International [Member]

372.0

340.1

260.4

Advertising and other revenue

53.1

48.3

52.2

Advertising and other revenue | Calvin Klein International [Member]

107.3

90.9

73.5

$ 9.6

$ 7.2

$ 15.9

[1]	No single customer accounted for more than 10% of the Company’s revenue in 2022, 2021 or 2020.
[2]	Revenue in 2020 was significantly negatively impacted by the COVID-19 pandemic, including as a result of reduced traffic and consumer spending trends, and temporary store closures for varying periods of time throughout the year. The Company’s wholesale customers and licensing partners also experienced significant business disruptions as a result of the pandemic, resulting in a decrease in the Company’s revenue from these channels. Revenue in 2021 and 2022 continued to be negatively impacted by the pandemic and related supply chain and logistics disruptions, although to a much lesser extent than in 2020.
[3]	Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.
[4]	Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.

SEGMENT DATA Assets, Depreciation and Capital Expenditures (Details) - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

May 03, 2020

Jan. 29, 2023

Jan. 30, 2022

Jan. 31, 2021

^[2]

$ 11,768.3

^[1]

$ 12,396.8

$ 13,293.5

301.5

313.3

325.8

Capital expenditures incurred but not yet paid

^[3]

283.6

281.7

219.2

39.4

45.9

32.1

^[4]

904.0

906.1

942.7

^[5],[6],[7]

9,024.2

9,154.7

7,132.6

879.0

Goodwill

Long-lived assets, carrying amount

458.1

Disposal Group, Held-for-sale, Not Discontinued Operations [Member]

Fair Value, Nonrecurring [Member] | Goodwill

Net carrying value

99.4

Long-lived assets, carrying amount

1,531.6

Tommy Hilfiger North America [Member]

$ 879.0

417.1

879.0

1,296.3

1,409.8

1,447.9

30.5

32.5

38.1

14.5

19.2

21.7

Tommy Hilfiger North America [Member] | Fair Value, Nonrecurring [Member] | Goodwill

^[8]

1,292.7

1,184.8

968.8

Tommy Hilfiger International [Member]

177.2

4,875.4

4,913.2

5,295.3

125.0

130.2

131.8

140.9

138.4

100.6

Calvin Klein North America [Member]

^[8]

3,364.7

3,518.9

2,667.6

1,527.2

1,609.8

1,522.6

29.6

31.6

30.8

14.4

22.6

18.7

Calvin Klein North America [Member] | Fair Value, Nonrecurring [Member] | Goodwill

^[8]

1,430.4

1,321.7

955.6

Calvin Klein International [Member]

287.3

162.6

3,099.7

3,164.0

3,016.8

94.3

94.9

97.0

103.7

85.7

54.2

Calvin Klein International [Member] | Fair Value, Nonrecurring [Member] | Goodwill

^[8]

2,353.0

2,338.6

1,682.7

Heritage Brands Wholesale [Member]

394.0

77.3

410.4

^[9]

420.0

^[9]

547.9

10.7

11.2

11.5

6.6

10.9

14.9

Heritage Brands Wholesale [Member] | Fair Value, Nonrecurring [Member] | Goodwill

^[8]

583.4

715.1

717.9

Heritage Brands Retail [Member]

$ 197.7

0.0

^[10]

0.0

^[10]

74.2

0.0

0.3

3.5

0.0

0.7

^[8]

0.0

75.6

140.0

0.0

Corporate [Member]

559.3

^[11]

880.0

^[11]

1,388.8

11.4

12.6

13.1

3.5

4.9

8.4

Domestic [Member]

384.3

429.0

466.3

2,854.9

^[12]

2,894.7

^[12]

2,460.0

Canada [Member]

10.4

13.8

19.3

347.6

^[12]

313.3

^[12]

262.2

Europe [Member]

406.4

378.7

374.7

4,204.0

4,392.3

3,154.3

Asia [Member]

101.1

82.8

73.8

1,492.3

1,454.4

1,189.6

Other foreign [Member]

1.8

8.6

Cash and cash equivalents

$ 125.4

$ 100.0

$ 66.5

[1]	Identifiable assets in 2022 included a reduction of $417.1 million related to the noncash goodwill impairment. Please see Note 7, “Goodwill and Other Intangible Assets,” for further discussion.
[2]	Identifiable assets included the impact of changes in foreign currency exchange rates.
[3]	Capital expenditures in 2022 included $39.4 million of accruals that will not be paid until 2023. Capital expenditures in 2021 included $45.9 million of accruals that were not paid until 2022. Capital expenditures in 2020 included $32.1 million of accruals that were not paid until 2021.
[4]	Property, plant and equipment, net included the impact of changes in foreign currency exchange rates.
[5]	No single customer accounted for more than 10% of the Company’s revenue in 2022, 2021 or 2020.
[6]	Revenue in 2020 was significantly negatively impacted by the COVID-19 pandemic, including as a result of reduced traffic and consumer spending trends, and temporary store closures for varying periods of time throughout the year. The Company’s wholesale customers and licensing partners also experienced significant business disruptions as a result of the pandemic, resulting in a decrease in the Company’s revenue from these channels. Revenue in 2021 and 2022 continued to be negatively impacted by the pandemic and related supply chain and logistics disruptions, although to a much lesser extent than in 2020.
[7]	Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.
[8]	Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.
[9]	Identifiable assets in 2021 included a reduction of $99.4 million related to the Heritage Brands transaction. Please see Note 3, “Acquisitions and Divestitures,” for further discussion.
[10]	As a result of the exit from the Heritage Brands Retail business in 2021, the Company’s Heritage Brands Retail segment has ceased operations.
[11]	The changes in Corporate identifiable assets in 2022 and 2021 were primarily due to changes in cash and cash equivalents.
[12]	Revenue in 2021 and 2022 was negatively impacted by the Heritage Brands transaction and the exit from the Heritage Brands Retail business.

GUARANTEES (Details) $ in Millions	Jan. 29, 2023 USD ($)
PVH India Joint Venture [Member]
Guarantor Obligations [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 9.1
PVH Japan [Member]
Guarantor Obligations [Line Items]
Guarantor Obligations, Maximum Exposure, Undiscounted	$ 4.9

OTHER COMMENTS Asset Retirement Obligations (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 29, 2023	Jan. 30, 2022
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Balance at beginning of year	$ 45.6	$ 45.4
Liabilities incurred	4.1	4.0
Liabilities settled (payments)	(5.6)	(3.2)
Accretion expense	0.6	0.4
Revisions in estimated cash flows	1.8	1.2
Currency translation adjustment	(1.8)	(2.2)
Balance at end of year	$ 44.7	$ 45.6

SUBSEQUENT EVENTS (Details) - USD ($)
$ in Millions

12 Months Ended

Jan. 29, 2023

Jan. 30, 2022

Jan. 31, 2021

Subsequent Event [Line Items]

$ 550.7

$ 1,242.5

Russia, Belarus, and Ukraine

^[1],[2],[3]

$ 9,024.2

$ 9,154.7

$ 7,132.6

Subsequent Event [Line Items]

Approximate Percentage of Total Revenue

2.00%

[1]	No single customer accounted for more than 10% of the Company’s revenue in 2022, 2021 or 2020.
[2]	Revenue in 2020 was significantly negatively impacted by the COVID-19 pandemic, including as a result of reduced traffic and consumer spending trends, and temporary store closures for varying periods of time throughout the year. The Company’s wholesale customers and licensing partners also experienced significant business disruptions as a result of the pandemic, resulting in a decrease in the Company’s revenue from these channels. Revenue in 2021 and 2022 continued to be negatively impacted by the pandemic and related supply chain and logistics disruptions, although to a much lesser extent than in 2020.
[3]	Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.

Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).