Holmes & Yang has apparently disbanded due to a soured relationship between Holmes and co-designer Jeanne Yang.

These days it seems you're not a celebrity until you have a beauty and fashion empire.

This trend just keeps going, and going, and going and going, and going and going, and...

Holmes & Yang made no bones about trying to step it up in the fashion department--and their Spring 2013 promised to be an effort to move their label in a more fashion-forward direction. So, how'd they do? From the good, to the bad, to the ugly, take a look at what the critics had to say about Holmes' and Yang's latest collection, and click through the gallery to see it for yourself.

For her New York fashion week debut, Katie Holmes is going by the book and showing her line Holmes & Yang at Lincoln Center, the official home of Ne

Get ready for the celebrity designer claws to come out during NYFW! Or not! Grazia Daily is reporting that Victoria Beckham and Katie Holmes are both

Compared to, say, the 1950s, very little clothing (or anything for that matter) is manufactured in the United States. There are a few heritage brands

Not unlike her dedication to putting fashion first when it came to her height difference from Tom Cruise, Holmes kept her commitment to taping a guest judge spot on Project Runway: All Stars yesterday, despite having filed for divorce from her husband of six years on Friday. More than just a celebrity who dresses (herself and her daughter) well, Holmes is making a name for herself in the fashion biz with the label she designs with her stylist: Holmes & Yang, which sells at Barneys.

Jason Wu makes our best dressed this twice this week, dressing both Diane Kruger and January Jones (can't wait to see you tonight Betty!). Jennifer

This week was all about innate style--these ladies just know how to dress. Shala Monroque continued her red carpet streak in Jason Wu, while Katie Holmes wore her own design from Holmes & Yang's stunning spring collection. Rihanna looked sophisticated in a bone-colored Max Azria suit, and Lauren Santo Domingo stepped out to dinner at The Lion with Versace in one of the label's colorful offerings. Marc Jacobs-lover Rose Byrne wore a fancy black lace suit by the designer.

This may be geeky, but one of my dreams as a fashion writer has been to observe a designer walking a department store sales staff through his or her collection. The great ones all do this--Michael Kors is legendary for it--but because it happens before the store opens, it's not something that onlookers often witness. But yesterday my luck turned. I watched Katie Holmes and Jeanne Yang explain their collection to a small group of tenured Barneys New York staff. "If you have questions about the garments, email us," Yang told them. "We want feedback from the customers." This quick statement conveyed that Holmes & Yang is serious business--definitely not a silly side project from an actress and her stylist.