News Katie Holmes Just Stepped Out in the Perfect Fall Staple Jacket And looked like the epitome of '70s cool. By Kimberly Truong Kimberly Truong Kim Truong is a writer focusing on news, entertainment, and culture. She is a graduate of Fordham University. Her work has appeared on The Cut, Self, Refinery29, and BBC America. InStyle's editorial guidelines Updated on November 14, 2019 @ 01:00PM Pin Share Tweet Email Katie Holmes is to fall fashion what cheese is to life — essential, and beloved. On Wednesday, she flew into Sydney, Australia, wearing a fringed suede cowboy Khaite jacket that screamed retro '70s cool — pairing the statement piece with a matching brown leather bag, tortoiseshell sunglasses, black flats, and a simple white T-shirt and pair of jeans. Splash News Holmes is in Australia as an ambassador for McHappy Day on Saturday, which is an annual fundraiser run by McDonald’s for the Ronald McDonald House Charities, which helps provide housing for families when their children are getting treatment at nearby hospitals. The fringed jacket is a flashier spin on the brown suede jackets that have been in Holmes's wardrobe for years — here she is in 2017 in a long brown suede coat. MMV / BACKGRID Katie Holmes’s Affordable Sneakers Are the Star of Her Latest Street-Style Look As ever, a master of fall style.