Pete Wentz to Team Up With DKNY

The “are they or aren’t they dating” couple of Ashlee Simpson and Pete Wentz, hold hands and share a laugh while having their morning coffee. Maybe they’re laughing about how ridiculously rich Pete Wentz is going to be from his new joint project with DKNY?

According to Women’s Wear Daily, Wentz — who started his own clothing line, Clandestine, last year — is teaming up with DKNY Jeans to launch a capsule collection, set to come out in August.

The junior sportswear line includes items that will range from $39 to $298, with graphics that were reportedly inspired by Wentz’s tattoos.

Mmm. Which leads me to wonder, what inspired his tattoos?