Katie Holmes' Latest Unexpected Style Statement Is a Deconstructed Trench

Katie Holmes is chic in deconstructed trench coat dress as she joins Alec Baldwin and wife Hilaria at Melissa DeRosa's book launch in NYC

Katie Holmes shines in rainbow knit and wide-legged trousers on Sunday stroll in New York City

Katie Holmes sports $100 Adidas sneakers and laughs on her phone during NYC stroll