Katie Holmes to Debut New Collection at Fashion Week

Newly single Katie Holmes has taken another big step with her fashion line, Holmes & Yang.

The 31-year-old actress is scheduled to show her latest collection for the fashion label at Lincoln Center during New York Fashion Week next month.

Known across the world, the biggest event in fashion will catapult Homes into the spotlight as well as mark her first time at Fashion Week.

Tom Cruise's ex-wife founded the line in 2009 with her stylist, Jeanne Yang, who will also be present to debut the collection. The line has seen a rise in sales following Holmes' split from Cruise last month.

"This is a big deal for Katie to show in tents, under the full attention of the fashion editors and the glare of the media scrutiny," a source close to Holmes told The New York Post. "They could have done a small show elsewhere, so this proves she and Jeanne are very serious about their business."

Holmes & Yang will display their clothes alongside top designers including Victoria Beckham, who is a friend of Holmes'. Both will debut their spring and summer 2013 collections on Sept. 9.

"Every editor will be at the spring 2013 Holmes & Yang showing this September," noted Emmy Award-winning stylist David Zyla to Daily Markets. "Katie's divorce and the masterful manner in which she handled it is a shining light onto anything that she does at this moment."

While this is the first New York fashion week for the line, Holmes & Yang is sold at Barney's New York.

Alternately, Beckham's two lines, Victoria Beckham and Victoria Victoria Beckham, have already established themselves in the fashion industry with critical acclaim. The singer-turned-designer has also earned praise from fashion moguls including Anna Wintour and Karl Lagerfeld, and took home the prestigious British Fashion Award.