I'm bookmarking Katie Holmes' cozy fall outfit - her quilted jacket and canvas tote bag are an unbeatable combination

Katie Holmes always looks amazing on the red carpet, but what she does really well is the girl next door vibe - everyday basics that will make you feel a million dollars.

Her two autumn capsule wardrobe essentials - according to this practical yet chic outfit - are a khaki quilted jacket by Marfa Stance, and a canvas tote bag from Lands' End that costs just shy of $35. Add in a pair of Balenciaga high top sneakers and some wide leg jeans, and we're in love with this look. And the good news is it's an easy outfit formula to work into your own closet.

Can we take a moment to talk about the bag? The KH embroidery (for Katie Holmes, of course!) is such a nice touch, and thank goodness for roomy bags coming back. We always seem to have so much stuff to carry around!

Shop Katie's canvas tote

Shop quilted jackets

Quilted jackets like Katie's have been around for a little while now, and they're showing no signs of going anywhere. I particularly love the detachable collar on Katie's style, which adds a pop of hot pink, as well as the distinctive edge around the pockets. It's exactly the kind of practical piece that will see you though this time of year when the weather's so tricky to predict, whether you're doing the school run, the morning commute, or just going for a walk around the city.

woman&home's fashion writer Molly Smith tells us why this look had us all talking on the fashion team here this week: "this combination from Katie Holmes is not only undeniably stylish and cool, but super easy to recreate.

"A lightweight quilted jacket, wide leg jeans, and a tote bag are a winning combination for city strolling on cool fall days. What really makes this look though is the pop of vibrant pink on her collar - divine!"