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Ashley Olsen and David Schulte break up

Ashley Olsen arrives on the red carpet at the Costume Institute Benefit for the "PUNK: Chaos to Couture" exhibition at the Metropolitan Museum of Art in New York City on May 6, 2013. UPI/John Angelillo
Ashley Olsen arrives on the red carpet at the Costume Institute Benefit for the "PUNK: Chaos to Couture" exhibition at the Metropolitan Museum of Art in New York City on May 6, 2013. UPI/John Angelillo | License Photo

LOS ANGELES, Jan. 15 (UPI) -- U.S. actress and fashion designer Ashley Olsen has broken up with businessman David Schulte, her boyfriend of less than a year, UsMagazine.com reported.

"He was a great guy and cute, but it didn't work out," a source told the magazine Wednesday.

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No reason for the split was reported.

Olsen is best known for her work as a child actress on the sitcom "Full House."

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