Russell Simmons formerly of Phat Farm, is back to the fashion world. But this time around the mogul is catering to people on a budget. He will launch American Classics on walmart.com in the next few weeks. The men’s apparel includes mainstream clothing such as plaid shorts, button-down shirts, zip cargo pants and a cable sweater vest with retail prices ranging from a $9 T-shirt to a $29 hooded jacket. The new clothing line will amongst Wal-mart’s many lines pushed towards the urban market.