Lori Loughlin and Mossimo Giannulli have separated after 27 years of marriage. The Full House actor, 61, and the fashion designer, 62, "are living apart and taking a break from their marriage," according to Loughlin's representative Elizabeth Much."There are no legal proceedings at this time," Much confirmed to People.Loughlin and Giannulli married in 1997 and share daughters Bella Rose Giannulli, 27, and Olivia Jade Giannulli, 26.