Bloomberg Amazon.com subsidiary Zappos laid off more than 300 employees — about 20% of its workforce — in January, the Wall Street Journal (WSJ) reported, citing people familiar and a company memo. The cuts, described as being part of broader layoffs at the company, included customer-service representatives at the online shoe and clothing retailer, which Amazon bought in 2009, …

Bloomberg Tapestry Inc shares jumped the most since November after the high-end retailer raised its full-year earnings outlook, citing more moderate currency headwinds and a sales pickup in China. The Coach owner now sees earnings per diluted share in the range of $3.70 to $3.75. That’s up from its previous range of $3.60 to $3.70 and above the average estimate …

  Bloomberg Inditex SA shares dropped after the owner of the Zara clothing chain agreed to raise the pay of its store workers in Spain by an average of 20%. The retailer agreed to pay all store workers in Spain a minimum of €1,500 ($1,610) per month, Spanish union UGT said in a statement. That’s a hike of up to …