Katie Holmes was spotted out in New York City this afternoon after running errands ahead of tonight’s premiere of her latest movie, “The Decision.”

She was dressed casually wearing jeans, a khaki jacket and croc boots.

As you know Katie has been working with Jeanne Yang on their Holmes & Yang collection for a while now.

The collection recently expanded with the addition of bags following a collaboration with the luxury Italian house Valextra.

This collaboration was a natural choice for Holmes & Yang, considering Katie had a mild obsession with their bags back in 2009.

Katie opted to debut a dark grey version of the Valextra for Holmes & Yang bag with a croc-embossed leather flap detail today.

I’m sure people are going to make the comparison with Victoria Beckham’s bag collection, but I think the Valextra for Holmes & Yang bag seems more wearable for everyday use.

The Valextra for Holmes & Yang line consists of one bag in different colourways and 3 different sizes. The best feature of this bag is the iPad compartment.

Read more about the Valextra for Holmes & Yang collaboration over at BagSnob.com.

Credit: Valextra & INFDaily