Katie Holmes has closed a deal with Armani to launch her own fashion line - 'Katie Holmes for Armani,' the first time a leading fashion label has agreed to lend its name to a fashion designer aspirant.
The "collection will be comparable in price to the Armani ready-to-wear line," a source told OK! It will be sold in upscale outlets like Barneys New York and Neiman Marcus.
"Right now this is Katie's life," the source says. "She is extremely excited about it." Katie started to dabble with dress designing last year using her daughter Suri Cruise, who turns 2 next month, as her model and inspiration. She designed the polka dot dress that Suri wore in Paris in August last year.
She will launch her first collection, aimed at toddlers, in spring 2009 and follow it up with a collection for older children that fall.
By fall 2010 she will debut her handbag line and a women's collection.
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