FAIR VALUE MEASUREMENTS (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | | |
Aug. 02, 2020 | May 03, 2020 | Aug. 04, 2019 | Aug. 02, 2020 | Aug. 04, 2019 | Feb. 02, 2020 | Feb. 03, 2019 |
Reported Value Measurement [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Cash and cash equivalents | | $ 1,394.3 | | $ 433.5 | $ 1,394.3 | $ 433.5 | $ 503.4 | |
Short-term borrowings | | 70.6 | | 183.2 | 70.6 | 183.2 | 49.6 | |
Long-term debt (including portion classified as current), carrying amount | | 3,513.1 | | 2,784.2 | 3,513.1 | 2,784.2 | 2,707.7 | |
Noncash impairment charges | [1] | | | | 961.8 | | | |
Cash and cash equivalents | | 1,394.3 | | 433.5 | 1,394.3 | 433.5 | 503.4 | $ 452 |
Short-term borrowings | | 70.6 | | 183.2 | 70.6 | 183.2 | 49.6 | |
Long-term debt (including portion classified as current), carrying amount | | 3,513.1 | | 2,784.2 | 3,513.1 | 2,784.2 | 2,707.7 | |
Goodwill and other intangible asset impairments | | 0 | | 0 | 933.5 | 0 | | |
Goodwill, Impairment Loss | | | | | 879 | | | |
Impairment of Long-Lived Assets Held-for-use | | | | | 23.2 | 87.8 | | |
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 | | | | 93.8 | | 93.8 | | |
Noncash impairment charges | | | | | | 77 | | |
Property, Plant and Equipment [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Impairment of Long-Lived Assets Held-for-use | | | | | 16 | | | |
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 | | 10.8 | 17.1 | 10.8 | | |
Noncash impairment charges | | | | | | 10.8 | | |
Total Assets, Fair Value | | 1.1 | | 0 | 1.1 | 0 | | |
Impairment of Long-Lived Assets Held-for-use | | | | | 23.2 | | | |
Property, Plant and Equipment [Member] | Fair Value, Nonrecurring [Member] | Heritage Retail Exit [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Long-lived Assets, Carrying Amount | | 7.2 | | | 7.2 | | | |
Total Assets, Fair Value | | 0 | | | 0 | | | |
Long-lived Assets, Other [Member] | Fair Value, Nonrecurring [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Noncash impairment charges | | | | | 969 | 87.8 | | |
Long-lived Assets, Other [Member] | Fair Value, Nonrecurring [Member] | Goodwill and Other Intangible Assets Impairments [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Goodwill and other intangible asset impairments | | | | | 933.5 | | | |
Long-lived Assets, Other [Member] | Fair Value, Nonrecurring [Member] | Selling, General and Administrative Expenses [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Impairment of Long-Lived Assets Held-for-use | | | | | 23.2 | | | |
Trademarks | Fair Value, Nonrecurring [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Long-lived Assets, Carrying Amount | | 95.9 | | | 95.9 | | | |
Total Assets, Fair Value | | 48.7 | | | 48.7 | | | |
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | | | $ 47.2 | | 47.2 | | | |
Other Intangible Assets | Fair Value, Nonrecurring [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Long-lived Assets, Carrying Amount | | 7.3 | | | 7.3 | | | |
Impairment of Intangible Assets, Finite-lived | | | | | 7.3 | | | |
Equity Method Investments | Fair Value, Nonrecurring [Member] | Karl Lagerfeld [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Equity Method Investment, Other than Temporary Impairment | | | | | 12.3 | | | |
Goodwill [Member] | Fair Value, Nonrecurring [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Long-lived Assets, Carrying Amount | | 1,531.6 | | | 1,531.6 | | | |
Total Assets, Fair Value | | 652.6 | | | 652.6 | | | |
Goodwill, Impairment Loss | | | 879 | | | | | |
Estimate of Fair Value Measurement | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Cash and cash equivalents, fair value | | 1,394.3 | | 433.5 | 1,394.3 | 433.5 | 503.4 | |
Short-term borrowings, fair value | | 70.6 | | 183.2 | 70.6 | 183.2 | 49.6 | |
Long-term debt (including portion classified as current), fair value | | 3,552.3 | | 2,949.6 | 3,552.3 | 2,949.6 | 2,869.7 | |
Estimate of Fair Value Measurement | Fair Value, Recurring [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Foreign currency forward exchange contracts, assets | | 5.8 | | 40.5 | 5.8 | 40.5 | 23.3 | |
Interest rate swap agreements, assets | | 0 | | 0.3 | 0 | 0.3 | 0.1 | |
Total Assets, Fair Value | | 5.8 | | 40.8 | 5.8 | 40.8 | 23.4 | |
Foreign currency forward exchange contracts, liabilities | | 30 | | 3.9 | 30 | 3.9 | 2.2 | |
Interest rate swap agreements, liabilities | | 11.2 | | 7 | 11.2 | 7 | 5.9 | |
Total Liabilities | | 41.2 | | 10.9 | 41.2 | 10.9 | 8.1 | |
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 | | 5.8 | | 40.5 | 5.8 | 40.5 | 23.3 | |
Interest rate swap agreements, assets | | 0 | | 0.3 | 0 | 0.3 | 0.1 | |
Total Assets, Fair Value | | 5.8 | | 40.8 | 5.8 | 40.8 | 23.4 | |
Foreign currency forward exchange contracts, liabilities | | 30 | | 3.9 | 30 | 3.9 | 2.2 | |
Interest rate swap agreements, liabilities | | 11.2 | | 7 | 11.2 | 7 | 5.9 | |
Total Liabilities | | 41.2 | | 10.9 | 41.2 | 10.9 | $ 8.1 | |
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 | | | | 16.8 | | 16.8 | | |
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 | | 1.1 | | $ 0 | 1.1 | 0 | | |
Fair Value, Inputs, Level 3 [Member] | Trademarks | Fair Value, Nonrecurring [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Total Assets, Fair Value | | 48.7 | | | 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 [Member] | Fair Value, Nonrecurring [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Total Assets, Fair Value | | 652.6 | | | 652.6 | | | |
Calvin Klein North America [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Goodwill and other intangible asset impairments | | | | | 289.9 | | | |
Goodwill, Impairment Loss | | | | | 287.3 | | | |
Calvin Klein North America [Member] | Property, Plant and Equipment [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Noncash impairment charges | | | | | 3.2 | | | |
Calvin Klein North America [Member] | Long-lived Assets, Other [Member] | Fair Value, Nonrecurring [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Noncash impairment charges | | | | | 293.1 | 32.6 | | |
Calvin Klein North America [Member] | Goodwill [Member] | Fair Value, Nonrecurring [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Goodwill, Impairment Loss | | | 287.3 | | | | | |
Tommy Hilfiger North America [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Goodwill, Impairment Loss | | | | | 0 | | | |
Tommy Hilfiger North America [Member] | Property, Plant and Equipment [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Noncash impairment charges | | | | | 4.1 | | | |
Tommy Hilfiger North America [Member] | Long-lived Assets, Other [Member] | Fair Value, Nonrecurring [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Noncash impairment charges | | | | | 4.1 | 49.6 | | |
Tommy Hilfiger International [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Goodwill, Impairment Loss | | | | | 0 | | | |
Tommy Hilfiger International [Member] | Property, Plant and Equipment [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Noncash impairment charges | | | | | 3.1 | | | |
Tommy Hilfiger International [Member] | Long-lived Assets, Other [Member] | Fair Value, Nonrecurring [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Noncash impairment charges | | | | | 3.1 | | | |
Calvin Klein International [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Goodwill and other intangible asset impairments | | | | | 394 | | | |
Goodwill, Impairment Loss | | | | | 394 | | | |
Calvin Klein International [Member] | Property, Plant and Equipment [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Noncash impairment charges | | | | | 1.8 | | | |
Calvin Klein International [Member] | Long-lived Assets, Other [Member] | Fair Value, Nonrecurring [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Noncash impairment charges | | | | | 395.8 | $ 5.6 | | |
Calvin Klein International [Member] | Goodwill [Member] | Fair Value, Nonrecurring [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Goodwill, Impairment Loss | | | 394 | | | | | |
Heritage Brands Retail [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Goodwill, Impairment Loss | | | | | 0 | | | |
Heritage Brands Retail [Member] | Property, Plant and Equipment [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Noncash impairment charges | | | | | 3.8 | | | |
Heritage Brands Retail [Member] | Long-lived Assets, Other [Member] | Fair Value, Nonrecurring [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Noncash impairment charges | | | | | 11 | | | |
Heritage Brands Wholesale [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Goodwill and other intangible asset impairments | | $ 249.6 | | | | | | |
Goodwill, Impairment Loss | | | | | 197.7 | | | |
Heritage Brands Wholesale [Member] | Long-lived Assets, Other [Member] | Fair Value, Nonrecurring [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Noncash impairment charges | | | | | 249.6 | | | |
Heritage Brands Wholesale [Member] | Goodwill [Member] | Fair Value, Nonrecurring [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Goodwill, Impairment Loss | | | $ 197.7 | | | | | |
Corporate Segment [Member] | Long-lived Assets, Other [Member] | Fair Value, Nonrecurring [Member] | | | | | | | | |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | | | | | | | | |
Noncash impairment charges | | | | | $ 12.3 | | | |
| |
[1] | (Loss) Income before interest and taxes was significantly negatively impacted by the COVID-19 pandemic, including as a result of the unprecedented decline in revenue noted above. As well, (loss) income before interest and taxes for the twenty-six weeks ended August 2, 2020 was significantly adversely impacted by $961.8 million of noncash impairment charges related to goodwill, tradenames, other intangible assets, store assets and an equity method investment resulting from the significant adverse impacts of the COVID-19 on the Company’s business. | |