It's not every day that Katie Holmes turns a late-night sidewalk into a runway. Whether it's skinny jeans and a revealing bra or a punk-rock Miu Miu ballerina, she always makes a fashion statement in broad daylight. But now that New York Fashion Week has officially begun, she's switching up her routine and wardrobe. And she's assisting with a fall trend Taylor Swift and Meghan Markle approved: drop-waist dresses.

Katie Holmes was one of many A-listers who attended Barneys' limited-time pop-up opening on Tuesday, September 3. She joined a variety of stars at the Elizabeth Street Garden celebration, including Teyana Taylor, Emily Ratakowski, and Ella Emhoff.

There, the Dawson's Creek star wore a black drop-waist dress by London-based brand TOVE, pulled together by stylist Bree Welch.The $732 strapless silhouette featured pleats at the bust, contrasting smooth bodice panel, and a low maxi skirt. [...] [...] [...] [...] [...] [...] [...] [...] [...] [...]