Katie Holmes' clothing line with Jeanne Yang aptly named "Holmes & Yang" has closed down its operations because of practical feasibility reasons - Jeanne Yang who is a celebrity stylish and "The Giver" actress live on separate coasts. This recent development could perhaps give Tom Cruise's ex more time to spend with daughte Suri.

Katie Holmes' clothing line also had to go as both she and Jeanne Yang have been busy with other projects on hand.

Katie Holmes is now busy shooting for a movie about a school teacher "Miss Meadows," which will premiere next month at the 13th annual Tribeca Film Festival. "The Giver" actress also plans to return to television with an untitled ABC pilot project featuring a high-society drama about a New York City socialite.

On ending the five-year old fashion partnership, Katie Holmes got candid with Elle UK in a recent interview and said that it's difficult to juggle with the pressures of a burgeoning career and devote enough time to motherhood.

On concluding Katie Holmes' clothing line with Jeanne Yang on a high-note, the actress said, "I loved every minute of my time working on Holmes & Yang. I remain passionate about the design aesthetic we created, and I am so happy with what Jeanne and I accomplished."

"I'm really thrilled that the final showcase for Holmes & Yang is in ELLE - I had a blast at my shoot for the magazine. It is fantastic to feel like it's ending on a high," Katie Holmes added.

When quizzed about the reason to close down the fashion label, the brunette beauty said, "I am now concentrating on acting and motherhood, which did not leave the label the time and attention it deserved."

The April issue of Elle will feature Katie Holmes getting candid on motherhood and life after Joey and Pacey.

While "The Giver" actress may have dimmed the lights on her fashion career with the closinng of Katie Holmes' clothing lline, the mother to daughter Suri, 7, is definitely still in the limelight.