Tom and Katie are a Purple Pixie Pair

Katie Holmes (in Holmes Yang) and husband Tom Cruise arrive on the red carpet of the Los Angeles premiere of Tropic Thunder at the Mann’s Village Theater in Los Angeles on Monday. (Apparently Katie co-designed her dress with celebrity stylist Jeanne Yang.)

Tom, 46, sported a purple V-neck sweater while Katie, 29, continued to show off her short pixie ‘do.

WHAT DO YOU THINK of the power couple’s red-carpet fashion choices — Fab or Flop?!?

50+ pictures inside of Katie Holmes and Tom Cruise as the purple pixie pair…