I like the idea of the Mole Man, as he was one of the first villains I ever saw as a kid, which was in my Fantastic Four : Power Records book. Even then, I thought his costume was a bit bland, and I’ve never seen anyone redo it, with any thought put into why he wears what he does. I mean an Elvis collar? Why?
Here’s my take on him, and I figured if he’s living under some remote island in the middle of now where, it could have easily been visited in the past by nomads; specifically Mongolians. So why wouldn’t the underground guys have adapted their clothing, and sense of design? Then, after finding Moley, the clothes they gave him would have reflected that.
Just my limited thinking. Oh, and a ponytail, dude needs a ponytail.