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Barneys Extends Their Contract With Holmes & Yang

| Filed under: Fashion SmashionTom CruiseKatie HolmesBusiness BlitzCollection's Bureau

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Barneys New York has agreed to sell Katie Holmes and stylist Jeanne Yang's line Holmes & Yang for another 8 months because its been selling so well.

Yeah, because Tom's probably paying all the Scientologists to buy that expensive shiz.

The new contract will reportedly make Katie $5 million.

Ridiculous.

[Image via WENN.]

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