March 16, 2011 10:00 PM

Neil Rasmus/BFAnyc/Sipa

When celebrities translate their fame into fashion, they usually go one of two ways: licensed goods (a la Jessica Simpson‘s $1 billion empire) or the high-end, aspirational, route. Katie Holmes and her partner in Holmes & Yang, stylist Jeanne Yang, have unabashedly gone the latter. “Sometimes when life gets really busy you don’t want to have to think about what it is you’re going to wear,” Holmes tells
New York
magazine of the style quandary that inspired the collection, now in its second season at Barneys New York. “You just want to have certain pieces that you know you can just depend on.” For Holmes and Yang, those wardrobe staples include $1,400 slouch blazers and $1,250 pencil skirts, whose hefty price tags they attribute to local production. “We can make some of the most beautiful luxury pieces here,” Yang says of the made-in-New-York collection. “Kate and I are always talking about how we’re Americans, and we want people to realize this, and so our price points — you know we don’t have the best margins but it doesn’t matter for us.” And for her part, Holmes has similar priorities: “It’s more important that it’s made in the U.S.A.” Justine Harman


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