Ashley Olsen graces the April cover of Elle UK. The one-time actress, along with her sister Mary-Kate, have a very successful fashion empire. And that’s just the way they like it.

“We worked non-stop until we were 18. Then we decided to take a break and go to school — and that was when we decided to question whether we would carry on in entertainment,” the 25-year-old says in an interview with April’s ELLE U.K.

It was time to step behind the process. I wanted to work on other things. It doesn’t mean I’m not interested in Hollywood, I like the way it operates and the people who are involved and the sense of possibility. But if I ever do get back in, it’s not going to be as an actress.”

Both Ashley and Mary-Kate rose to fame at just nine months old on the hit TV show Full House. The twins continued their acting career straight up until their 2004 film New York Minute.

“It just felt right to move away,” Ashley added.

Meanwhile, the sisters’ younger sibling, Elizabeth Olsen, 23, is on track to be one of 2012′s breakout actresses. After starring as the lead role in Martha Marcy May Marlene, her second movie, Silent House, just hit theaters.

What a beautiful cover!

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Photos: Fame

US Weekly is reporting that Justin Timberlake and Ashley Olsen, both newly single, have become inseparable around NYC lately.

The pair, both former child stars and fashion label owners, have been spotted together at the Greenwich Hotel, an SNL afterparty, two Broadway shows and a polo match! The magazine’s source says “They are hooking up.”

Adds another source of the unexpected twosome, who both ended high-profile relationships in March (he with Jessica Biel after 4 years together, she with actor Justin Bartha after two years): “They’re really trying to keep it on the down-low.”

(A rep for Timberlake denies anything non-platonic, telling Us: “They are friends. They are not romantically involved.”)

Still, an Olsen source says that the former sitcom kid turned fashion mogul is “aware of Justin’s reputation with women, but…They’re in the same head space.”

What do you think about them hooking up? Love it or hate it? Ashley always has seemed like such a quiet thing – I honestly can’t remember ever hearing her talk as an adult. I know I have…it just doesn’t come to mind. I love Justin, but I’m not sure how I feel about this hookup.

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Ashley Olsen stepped out last night in a black gown with white sleeves, while Mary-Kate opted for a vintage, red dress. I’m pretty sure I hate both these looks.

What do you think?

Photos: Fame

Ashley Olsen stepped out today looking quite dressed down!

Ashley stepped out last week with her twin sister Mary-Kate at the premiere of ‘The Union’ at the Tribeca Film Festival. The twins are currently working on a new line of eye wear, which you will be able to get on their new fashion site, stylemint.com.

Photos: Fame

Photos; Fame

Ashley Olsen (left) and Mary-Kate Olsen (right) attend the Metropolitan Opera’s gala premiere of Rossini’s Le Comte on Thursday (March 24) in New York City.

In case you didn’t know, these 24-year-old ladies sit pretty on top of the world with their billion-dollar empire, Dualstar Entertainment Group, LLC. And they are some of the world’s top fashion icons (and I will admit, sometimes I don’t know why). The twins frequently show up to elite VIP events in some of the most ridiculous outfits (i.e. long sleeve tees beneath long gowns, sweaters that look like potato sacks, etc.).

I sort of understand Ashley’s outfit here… a touch of green fur to top off her black gown.

But Mary-Kate reminds me of a monk.

Am I wrong?

Although, I do like their coordinating clutches.

Images via Fame