Katie Holmes stuns in the chicest Prada suit for a night out with her mom

Chic power suits have soared in the closets of our favorite leading ladies.

From Lady Gaga's most recent Marc Jacobs number to Tracee Ellis Ross at the AMAs, females are ditching their pretty dresses and wearing the pants.

On Wednesday night, Katie Holmes attended the 2018 American Ballet Theatre Fall Gala for a chic mother-daughter-date. The 39-year-old actress had the perfect answer to a casual-cool night out with her grey Prada feather-cuffed suit. The blazer itself is now on sale for $1,572 (it was originally $2,620), but the pants are still full price retailing for $1,630. Hey, we never said looking like Katie Holmes came cheap!

Holmes kept her hair back, her face fresh and layered the plunging neckline with gold dainty jewelry - while Katie's mom, Kathleen, took a more colorful approach. She wore a striking cobalt blue off-the-shoulder-dress paired with white embellished ballet-flats, making for the perfect New York night.

Olivia Palermo was also in attendance at the American Ballet and clearly got the same feather memo. The stunning fashion entrepreneur took it to another level in an all-black look by Ralph Lauren that featured big feathered cuffs.

Take a look below to see how Hollywood is incorporating power suits on the red carpet!