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With best friends like Giorgio Armani and Victoria Beckham and big plans to have her own haute couture label in the future, it isn’t surprising that Katie Holmes is always among the most fashion-forward women in Hollywood.

But when the slender star showed up wearing loose-fitting dresses at both the Costume Designers Guild Awards and the Essence Black Women in Hollywood Awards that seemed to reveal the hint of a bump to spectators, the question on everyone’s lips was: Could Katie have a baby on board?

"She has that special glow that only pregnant women have," an eyewitness tells OK!. "I would say there is a strong possibility that she’s pregnant."

If the Mad Money star is expecting, the timing couldn’t be better, with little daughter Suri turning 2 in April. "Katie’s a big believer in big families and lots of siblings. It’s how she was brought up," a Holmes family friend tells OK!. The 29-year-old actress has three older sisters and a brother eight years her senior. "She was always jealous of being so far apart in age from her siblings, so she doesn’t want to space it out too far."

And with Katie’s next slated project, The Other Side, currently stalled, it has left her with time for another child. "To be honest, she’s giving up the pipe dream of wanting an Oscar for now," the pal says. "She wants to focus on being married and happy, and giving Suri a little brother or sister."

For the complete story, pick up the new issue of OK! — on newsstands everywhere Thursday.

Download this week's issue of OK! Magazine for only $1.99
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