Emma Watson's Clothing Line Falters, Plus What Else She's Been Up To

Emma Watson may have a failing clothing line, but she has plenty of other stuff going in her favor.

Although Emma Watson's acting career is going well, she's having some setbacks regarding one of her projects. Her eco-friendly clothing label, People Tree, apparently hasn't been selling very well and she's had to cut down the prices on the inventory. A source says "Emma was so disappointed. But even at knockdown prices, the clothes were still sitting on the shelves. She's also stalled on plans to do more with Ferretti because she doesn't have time." Other than having problems with her clothing line, what else has she been been up to?

"The Bling Ring"

The pixie-haired beauty recently started filming her new movie "The Bling Ring" in which she sports long hair extensions. The movie, which is about a bunch of teens who rob the homes of celebs, also includes Gavin Rossdale, Kirsten Dunst, Leslie Mann and Taissa Farmiga. "The Bling Ring" is actually based on a true story that played out in Hollywood from October 2008 to August 2009 when a group of six teens robbed the homes of Lindsay Lohan, Megan Fox, Paris Hilton and other celebs. Sofia Coppola is directing the movie.

"Your Voice in My Head"

The 21-year-old is set to star in the movie "Your Voice in My Head" in which she'll play a suicidal writer who gets her hope restored by her termi! nally il l therapist. Stanley Tucci will reportedly play the therapist. The movie hasn't gotten the green light yet, but there are hopes that it can start filming this summer and have a chance during the 2013 award season.

"The Perks of Being a Wallflower"

Her most recent movie, "The Perks of Being a Wallflower," is set to be released in September 2012 and was initially rated R due to the teen drug and alcohol use (as well as sexual references) that are depicted in the movie. However, that rating has been overturned and was given a PG-13 rating. According to a statement from the Motion Picture Association of America (MPAA), "(The film has been rated PG-13) on appeal for mature thematic material, drug and alcohol use, sexual content including references, and a fight - all involving teens."

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