United Kingdom, Oct. 3 -- Lori Loughlin and Mossimo Giannulli have split.

The Full House actress and the 62-year-old designer - who have daughters Isabella Rose, 27, and Olivia Jade, 26, together - have separated after 27 years of marriage but are not planning to begin the process to divorce just yet.

Lori's representative, Elizabeth Much, told People magazine: "They are living apart and taking a break from their marriage. There are no legal proceedings at this time."

The news comes months after Lori, 61, and Mossimo put their 11,800 sq ft California home up for sale for %16.5 million in February, less than five years after they bought it for $9.5 million.

In May 2020, the former couple pleaded guilty to wire and mail fraud after they...