(Bloomberg) -- Saks Global Enterprises said hundreds of brands, including Burberry and those owned by luxury powerhouses LVMH and Kering, have either resumed or continued shipping to the troubled retailer as it tries to emerge from bankruptcy.The company, which includes Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman stores, is set to receive around $1.2 billion in merchandise over the next few months, Chief Executive Officer Geoffroy van Raemdonck said in an interview with Bloomberg News. Those goods ...

Key Points A bankruptcy court approved Wolfspeed's plan, clearing a path to exit Chapter 11 within weeks and slashing its debt. Despite balance-sheet relief, execution challenges, and a pressured EV end market, the turnaround remains high-risk. 10 stocks we like better than Wolfspeed › Shares of Wolfspeed (NYSE: WOLF) skyrocketed this week, finishing up 86.4%. The rise comes as the S&P 500 and Nasdaq-100 gained 1.6% and 1.9%, respectively. The embattled chipmaker's stock jumped this week after the ...