Paul&Nbsp; Frank Big Mouth Monkey 50 Million New Master
Although it's just a simple monkey head,
Paul Frank
The famous Julius is the most famous monkey.
The company now invites Guggenheim Partners (a diversified financial services institution, which provides services including investment management, wealth management, capital market and property investment) to find sellers. Now one of the main investors of Paul Frank, California fashion tycoon Mossimo Giannulli wants to sell the big mouth monkey at 50 million US dollars.
Julius
Patent.
From bicycle, furniture, plush toys to sunglasses and more than 160 million dollars in sales, Paul Frank can receive a royalty of $8 million per year.
It is reported that Paul Frank needs cash for more development.
The brand designed products have a wide range of retailers, from discount store Target to Losangeles super fashion boutique Fred Segal.
The company now has 30 Paul Frank stores.
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