Yes its true! Another celebrity gone fashion designer has emerged. Katie Holmes along with her stylist Jeanne Yang are in the works of releasing their new line Holmes & Yang. The line will launch exclusively at Maxfield's in Los Angeles. According to WWD the line will include womens and children's wear and it is said that the line is inspired by Katies daughter Suri and Jeanne's girls. Lets just hope she doesnt include her tired boyfriend jeans.