mo' money mo' problems

The Miley Cyrus & Max Azria Wal-Mart Line Is Probably Getting the Ax

By , the Cut’s financial-advice columnist.  In addition to “My Two Cents,” she writes about work and parenting for the site. Previously, she was the senior features editor at Harper's Bazaar and a senior editor at the Cut. She was also the editorial director for MM.LaFleur. Her work has also been published in Glamour, Art in America, Politico, and other places.
Photo: Christopher Polk/KCA2011/Getty Images

BCBG Max Azria group must make more cuts if they’re going to improve their abysmal credit ratings, WWD reports, and they’ll probably shut down their collaborative line with Miley Cyrus, which has reportedly languished on Wal-Mart shelves since its August 2009 launch. Max Azria closed his mass-market line Max Rave in January and recently underwent a $230 million refinancing, but the group is still considered a “high credit risk.” [WWD]

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The Miley Cyrus & Max Azria Wal-Mart Line Is Probably Getting the Ax