What’s up with this new-all-of-a-sudden-craze of celebs wanting to launch their own clothing lines? Every week there’s somebody new announcing their new line. And even if they’re not creating it they’re promoting it. The newest celeb is Katie Holmes who wants to follow in her friend’s, Victoria Beckham, footsteps.

She’ll be joining Armani to create a collection called ‘Katie Holmes for Armani’ and will be using her daughter Suri as inspiration. The venture – which will be available in stores like Saks and Barneys New York - will kick off with a collection aimed at toddlers for spring 2009.

“Right now this is Katie’s life,” a source close to the Cruises tells OK!. “She is extremely excited about it.”

“The first clothes will all be things she could imagine Suri wearing,” confirms the source.

A collection for older children, a handbag line, and a women’s collection will follow.