BCBG Max Azria’s Credit Rating Takes Another Hit

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Max Azria (with Karolina Kurkova).
Max Azria (with Karolina Kurkova).

Despite their restructuring efforts, BCBG Max Azria Group’s credit rating went from a B- to a CCC+ on Friday as a result of “meaningful revenue decline,” according to ratings agency Standard & Poor’s.

BCBG Max Azria’s Credit Rating Takes Another Hit