Katie Holmes is Fendi Fantastic

Katie Holmes stays sharp (and dry!) in a long black rain coat as she arrives for rehearsals for her in New York City on Saturday morning. (She’ll be making her Broadway debut in the play All My Sons next month.)

The 29-year-old actress toted around the Fendi “Secret Code” Handbag in brown watersnake ($3840). Not yet available for us normal folks!

In October, Katie will play a nonprofit attorney on the small screen when ABC’s Eli Stone returns. (The show’s creator and executive producer Greg Berlanti, who worked with Katie on Dawson’s Creek, invited her.)