Is denim officially canceled because Katie Holmes just wore a satin skirt that costs more than our rent?

Our favorite low-key style queen stepped out in NYC looking like she floated straight off a Pinterest board labeled “rich mom energy.” The Dawson’s Creek alum, 45, rocked a head-to-toe black moment that screamed “I have a black card and I’m not afraid to use it.” But let’s talk about the real MVP: that liquid-smooth satin midi skirt from Khaite. Retail price? A casual $298. The way it caught the paparazzi flash? Priceless.

She paired the slip skirt with a fitted black turtleneck, sheer tights, and pointed-toe flats — because heels are for people who don’t walk ten blocks to Pilates. A structured leather tote and oversized sunglasses finished the “don’t talk to me, I’m manifesting” vibe. Editors at every major fashion mag are currently foaming at the mouth trying to replicate the look for under $100. Good luck with that, besties.

Instagram is already having a meltdown. “She makes $298 look like $2,980,” wrote one fan. Another commented: “Katie Holmes wearing satin in February is the only reason I haven’t burned my wardrobe.” A third added: “Tom who? This woman is THRIVING.” The monochromatic moment proves once again that Holmes doesn’t chase trends — she casually invents them while grabbing an iced coffee.

What do you think? A) Satin skirts are the new jeans and I’m here for it B) Hard pass, I’ll stick to my Levi’s until they pry them from my cold dead hands

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