Annual report [Section 13 and 15(d), not S-K Item 405]

INTANGIBLE ASSETS

v3.26.1
INTANGIBLE ASSETS
 12 Months Ended
Mar. 28, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
(In thousands) Weighted
Average
Amortization
Period		 Amortization
Method		 Cost Accumulated
Amortization		 Net
Carrying
Amount
March 2026
Amortizable intangible assets:
Customer relationships and other 20 years Accelerated $ 249,218  $ 203,394  $ 45,824 
Indefinite-lived intangible assets:
Trademarks and trade names 1,421,718 
Intangible assets, net $ 1,467,542 
(In thousands) Weighted
Average
Amortization
Period		 Amortization
Method		 Cost Accumulated
Amortization		 Net
Carrying
Amount
March 2025
Amortizable intangible assets:
Customer relationships and other 19 years Accelerated $ 262,882  $ 201,060  $ 61,822 
Indefinite-lived intangible assets:
Trademarks and trade names 1,648,885 
Intangible assets, net $ 1,710,707 
During the year ended March 2026, the Company completed the sale of Dickies, at which time intangible assets of $243.8 million were removed from the Consolidated Balance Sheet. Refer to Note 3 for additional information regarding the divestiture.
VF did not record any intangible asset impairment charges in the years ended March 2026 or March 2024. During the year ended March 2025, VF recorded an impairment charge of $51.0 million related to the Dickies indefinite-lived trademark intangible asset
as a result of a triggering event during the third quarter of Fiscal 2025. Refer to Note 24 for additional information on fair value measurements.
Amortization expense for the years ended March 2026, 2025 and 2024 was $11.4 million, $13.2 million and $13.8 million, respectively. Estimated amortization expense for the next five fiscal years is $10.6 million, $9.9 million, $9.0 million, $7.0 million and $5.4 million, respectively.