Bailey's most directional, stylish and sophisticated hats sit in Breed. This hat is made with famous LiteFelt® finish, a revolutionary treatment process that takes a natural unstiffened premium wool felt hat and makes it water repellent and shape retentive. LiteFelt® adds a tough and indestructible element, combining style and function and is our best selling finish. Matte black staple logo, nailhead detail on Japanese grosgrain.