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Despite contrary reports, Katie Holmes' spokesperson has confirmed to Vogue UK that rumors about Suri Cruise's clothing line are "100 per cent" false.

The Sun reported that Tom Cruise and Holmes' daughter had signed a $2.5 million deal to launch her very own fashion brand.

Aptly named Suri, the collection for young girls supposedly included dresses, tops, jeans, shoes, and accessories. The report said that the line would be sold in a New York City department store beginning this fall. If everything went well, the line was supposed to be carried in various locations across North America by next year and could ultimately grow to include a collection for boys.

Suri was allegedly initially in talks to start her own fashion blog, but decided to pursue a clothing line instead because she had a clear vision for "specific designs." Holmes and her former stylist Jeanne Yang, who launched their own clothing line last year, were supposed to lend a hand.

"This is a nice hobby for her, it's certainly not going to take over her life," a source told The Sun. "Most girls dream of being able to make their own clothes, this just means her drawings will now become a reality. It'll be interesting to see how it pans out, there's nothing around quite like it."