LOS ANGELES — O’Neill Clothing, a label founded a half-century ago and known for its Neoprene wetsuit, is finally diving into women’s swimwear.

The Irvine, Calif.-based surf brand announced Friday a multiyear licensing agreement with Raj Manufacturing Inc., which will codesign, make and distribute the juniors swimwear line set to bow at the cruise 2004 Swimwear Association of Florida show July 19-23 in Miami.

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