Peloton Output Park to Cost Approx. $400 Million
The Peloton Output Park, a million-square-foot facility, will add more than 2,000 jobs and start producing equipment in 2023.
Xponential Fitness Sues Insurance Firm for Not Reimbursing COVID-19 Losses
Xponential Fitness is suing the Arch Insurance Co. in a Missouri federal court, after the insurer denied COVID-19-related payouts.
Recalled Peloton Treadmills Get Software Update
Recalled Peloton treadmills now have a Tread Lock feature that requires a four-digit code to start the treadmills and also locks the machines
On AG, Brainy Swiss Running Shoemaker Backed by Roger Federer, Plans an IPO
As it reportedly readies an IPO, the ever-growing cult Swiss shoemaker, On AG may be worth $4 to $6 billion.
Ergatta, Gaming Row Machine Maker, Valued at $200M
With a valuation of $200 million, the interest of frequent investors and big plans, Ergatta hopes to do for rowing what Peloton did for cycli
Amazon Care Lands First Outside Client
Precor, the Peloton-owned manufacturer of exercise equipment, will offer 385 of its 800 employees Amazon Care service, previously accessible
Oura Ring: Investors Bet Another $100M
The basic Oura Ring is $299, although options and add-ons can increase the price to $999. (You can get an Aura with an actual diamond to seaml
Peloton Homecoming 2021: Digital Tweaks Announced
The upgrades, announced at Peloton Homecoming 2021, make up a trickle of positive news as the company is wrapped up in a scandal over safety
Peloton Delays the Relaunch of Its Less Expensive Treadmill As It Deals With Safety Concerns
In 2021, Peloton Hoped to Make Its Treadmills As Hot As Its Bicycles. Now It’s Recalling and Delaying Its Whole Treadmill Line
Peloton Treadmill Recall Announced with CEO’s Changed Tone
Following the announcement of the Peloton treadmill recall, owners can get a full return for either product through November of 2022 and
