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What happened to the Mossimo clothing line?

What happened to the Mossimo clothing line?

Mossimo began to face a major decline in sales by the late ’90s, and it was eventually sold to the Iconix Brand Group. Under its new ownership, two lines of clothing are exclusively manufactured for sale at Target stores around the country.

Who created Mossimo?

Mossimo Giannulli

Newport Beach, California, U.S. U.S. Mossimo is a sportswear and accessories American company, founded in 1986 by designer Mossimo Giannulli and owned by Iconix Brand Group since 2006.

Is Target still selling Mossimo clothing?

“We haven’t had a working relationship with Mossimo Giannulli in over a decade and we no longer carry any Mossimo branded products at Target,” a Target spokesperson told Business Insider. The connection was completely severed in 2017, when Target dropped Mossimo in favor of a number of other labels.

Is Mossimo Giannulli the designer for Target?

Giannulli, whose Mossimo clothing had long been a Target brand until recently, had been in custody at a federal prison in Lompoc near Santa Barbara.

What kind of brand is Mossimo Apparel Co?

Mossimo Apparel Co. is a lifestyle brand for men and women, inspired by the Australian outdoors. Since establishment, our philosophy has remained un-changed; a definitive focus on a high level of functionality, quality and reliability.

Who is the founder of Mossimo beachwear?

The Mossimo label, created by Mossimo Giannulli, gained notoriety during the late 1980s, becoming a highly popular brand of beachwear. During the 1990s the company expanded into sportswear and registered great success.

What was the first product made by Mossimo?

The debut of Mossimo woven sweaters, knit shirts, and fleece sweatshirts marked a pivotal turning point in the company’s development, moving Mossimo, Inc. from the activewear niche of the apparel industry to the decidedly larger sportswear segment.

What was the stock price of Mossimo in 2000?

After shares tumbled from $50 to $4 when the founder tried and failed to take a shortcut from streetwear/beachwear to high fashion, he took the brand downscale, announcing on March 28, 2000, Mossimo, Inc. a major, multi-product licensing agreement with Target stores, for $27.8 million.