Katie Holmes stepped out in a hot black and white tuxedo to premiere The Decision, the short she made for John Frieda, in NYC last night. The piece is about a woman who "cheats" on her hair colorist, and Katie's own locks looked fantastic as she took the red carpet with the support of fellow stars including Allison Brie and Julie Benz. Bella has Katie's whole tongue-in-cheek film, which also heavily features the actress's favorite accessory, her Valextra. Katie is frequently seen toting the luxury line and her Holmes & Yang just made its first foray into bags by teaming up with Valextra. Katie arrived back on the East Coast in time to spend the day with a friend in the city and of course, she was sporting a big smile and one of her own creations.