By  on February 20, 2014

The natural progression for any ambitious fashion brand is to receive an investment from a private equity firm and then expand into new categories.

Bailey44, a Los Angeles-based contemporary company founded in 2006, is proof. After joining Norwest Venture Partners’ portfolio of investments last year as its only fashion property, Bailey44 is readying to ship 15 styles of fashion knits for the fall season.

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