NEW YORK — After growing his day and evening dress line into a $20 million business, David Meister is launching a signature sportswear collection for fall.

It will be geared toward department stores that carry the dresses — such as Lord & Taylor, Neiman Marcus and Saks Fifth Avenue — as well as specialty stores across the country, and is expected to reach $4 million to $5 million in sales in its first season.

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