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Katie Holmes Issues Statement after Closing 'Holmes & Yang' Fashion Line (Exclusive)

Katie Holmes has broken her silence about her and longtime stylist Jeanne Yang‘s fashion line Holmes & Yang.

The pair shared in a joint statement given exclusively to JustJared.com on Monday: “After five years, both Katie Holmes and Jeanne Yang have decided to close their clothing line, Holmes & Yang.”

The statement continued, “Katie and Jeanne remain close friends.”

Katie and Jeanne dressed many top celebrities together in Holmes & Yang including Rihanna, Amy Adams, Jennifer Lawrence, and Olivia Wilde.

Busier then ever, Katie will soon be promoting her dystopian flick The Giver, out August 15, with Meryl Streep, Jeff Bridges, Alexander Skarsgard, Taylor Swift, Cameron Monaghan, Brenton Thwaites, and Odeya Rush.

Although Jeanne, one of Hollywood’s top male stylists for the past decade, is notorious for never confirming her client roster, sources tell us that she dressed top talent for last night’s Academy Awards including Oscar winners Christian Bale and Alfonso Cuarón, who just took home Best Director for Gravity.

Katie Holmes Shops at Saks with Jeanne Yang

Katie Holmes is caught in a gust of wind while leaving Saks Fifth Avenue on Monday afternoon (November 26) in New York City.

The 33-year-old actress was joined for the shopping trip by her business partner and stylist Jeanne Yang.

PHOTOS: Check out the latest pics of Katie Holmes

Later that day, Katie was spotted leaving a building with her daughter Suri.

The official opening night of Katie‘s new Broadway play Dead Accounts is on Thursday (November 29).

FYI: Katie is wearing Loeffler Randall flats.

20+ pictures inside of Katie Holmes at Saks Fifth Avenue… More Here! »

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Photos of 'Jeanne Yang'

Katie Holmes: 'Dead Accounts' Arrival with Stylist Jeanne Yang!

Katie Holmes is all smiles as she arrives at the Music Box Theater for her performance in Dead Accounts on Broadway on Sunday (November 25) in New York City.

The 33-year-old actress was accompanied by her stylist Jeanne Yang! The two also have their own fashion line together, Holmes & Yang.

PHOTOS: Check out the latest pics of Katie Holmes

The day before, Katie headed into the theater before the curtain. Be sure to check out Dead Accounts – the official opening is this coming Thursday (November 29)! More Here! »

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Katie Holmes: Holmes & Yang Presentation at NYFW!

Katie Holmes and stylist Jeanne Yang prep for the Holmes & Yang presentation at The Box at Lincoln Center on Tuesday (September 12) in New York City.

The fashion duo presented the line for the first time at Mercedes-Benz Fashion Week!

“This year, we’re excited because we’ve incorporated a lot of new trims. It’s basically pieces that have evolved from basics, but not too far. They’re just nice, well-made luxury items that highlight the woman wearing them.” Katie told WWD about this season’s line.

“She has incredible taste, and I look to her for a lot of guidance,” Katie added about Jeanne.

Also pictured inside: Katie arriving at her fashion show earlier in the day.
More Here! »

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Katie Holmes & Zoe Saldana: 'THR' Stylists Luncheon!

Katie Holmes and Zoe Saldana attend The Hollywood Reporter and Jimmy Choo‘s 25 Most Powerful Stylists Luncheon held at Soho House on Wednesday (March 14) in West Hollywood, Calif.

The two actresses came out to support their stylists – Jeanne Yang and Petra Flannery, respectively – who were honored in THR‘s Style issue.

Zoe’s a fashion girl – we’ll look at something amazing and think, ‘You might be the only person who can pull that off,’” Petra told the mag.

Jeanne doesn’t scrimp on the little things,” Katie shared. “It’s those details, like a leather collar on a delicate dress, that make the look work.”

FYI: Katie paired her Holmes & Yang top with a Lanvin skirt and Rodarte shoes.

Zoe donned an Alexis Mabille dress with Jimmy Choo heels, and jewelry by Lizzy Couture, Melinda Maria, and dalla nonna.
More Here! »

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Katie Holmes: Holmes & Yang Hits Beverly Hills!

Katie Holmes and design partner Jeanne Yang are all smiles at the preview event for their Holmes & Yang Fall 2011 collection at Barneys New York on Saturday (March 19) in Beverly Hills, Calif.

Her step-son Connor rocked a Lacoste top, danced at the DJ booth, and spun a few of his own beats. Victoria Beckham‘s oldest son Brooklyn stopped by to show support for Katie. Jeanne‘s husband Scott and their twin girls also came out to support!

Earlier in the evening, Katie also recently revealed her tips for making a home on the road.

“Bring lots of crayons, glue, good paper and you can turn any room into a very warm, familial place,” she told WWD. “My mom grew up making curtains and pillows and everything, and it made our home very warm, so I like to do things like that with my daughter. My husband got me a sewing machine for my birthday.”

Also pictured: Bag Snob founder Tina Craig, Bag Snob writer Liza Powel O’Brien, and Heather McQuarrie.

More Here! »

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Katie Holmes: Serendipity with Suri!

Katie Holmes heads to Serendipity with her adorable daughter Suri on Tuesday (March 15) in New York City.

The 32-year-old actress paired a Nina Ricci top with a The Row tank and a Lanvin skirt for her night out on the town.

Earlier in the day, Katie and her design partner Jeanne Yang attended a preview event for their Holmes & Yang line at Barneys New York.

Pre-sales for the line’s Fall 2011 collection went really well!

Katie, wearing her favorite Max Mara trench coat and Holmes & Yang pants, grabbed lunch at Serafina and also made a stop at Teuscher Chocolates.

The night before, Katie rocked a pair of leather pants while leaving the Bowery Hotel.

10+ pictures inside of Katie Holmes out and about in NYC…
More Here! »

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