American Eagle

American Eagle will release an exclusive apparel collection by Lamine Yamal globally on Sept. 3, following a back-to-school campaign starting Aug. 26. The line, inspired by Yamal’s off-duty streetwear, includes baggy denim, oversized silhouettes, cargo pants and hooded jackets aimed at Gen Z consumers. The move elevates the partnership from brand ambassadorship to a signature collection and highlights Yamal’s rapid rise as a high-value commercial figure after Spain’s World Cup win. » More on forbes.com

American Eagle Outfitters’ stock fell about 5.3% after the announcement that Mike Mathias will step down as CFO effective August 3, 2026, and will serve as a full-time, non-executive strategic advisor to the Executive Chairman through July 30, 2027. Ravi Thanawala will succeed Mathias on the same date and brings experience from Papa John’s and prior finance roles at Nike. The company left its financial guidance for the second quarter and full year 2026 unchanged. Thanawala said a smooth transition and maintaining the company’s momentum are his priorities. » More on de.investing.com

American Eagle Outfitters' stock lost about 5.5% in midday trading after CFO Mike Mathias, who had served for 25 years, announced his resignation; successor will be Ravi Thanawala effective August 3, 2026. Management confirmed financial guidance for Q2 and fiscal 2026, but leadership uncertainty, analysts' concerns about weak revenue growth and an expanded stock option program weighed on sentiment. Additionally, disappointing US jobs data (only 57,000 new jobs in June) depressed demand expectations for non-essential consumer goods and intensified the share decline. » More on de.investing.com