It looks like Justin Timberlake doesn't need much as long as he's got his "suit and tie." 

According to New York Magazine, the singer is on the outs with his clothing line called William Rast, which he started with his close friend Trace Ayala back in 2005.  The label had a successful New York Fashion Week debut, but has since been seen a serious dip in sales and is being sold at less glamorous retailers like JC Penney. 

JT's reps aren't exactly denying that the star may be parting ways with his label, vaguely telling the magazine that Justin is "eternally" connected to the brand as it's named after his grandfather.  

But the star has upped his game with his most recent comeback.  His re-invention was actually spearheaded by American designer of the stars Tom Ford, whose clothing and accessories were featured prominently in the "Suit & Tie" video.