Finance
Peloton CEO Addresses Team & Says Leaker Has Been Identified
Peloton CEO says that the leaker's information that the media has received is incomplete, without context, & doesn't reflect the company.
Peloton Temporarily Pulls Production Plug on its Bike & Tread
Peloton will pause its bike production for two months and won’t produce Tread for six weeks, according to the documents.
Peloton Job Cuts & Store Closings on Horizon?
Potential job cuts were mentioned in a recent call with Peloton’s management team, reports CNBC, who obtained a recording of the meeting.
Peloton Will Soon Increase Delivery and Setup Costs
The change in cost is indicated on a banner on Peloton’s website, stating that the offer to save on delivery and setup will end January 30th.
Planet Fitness Acquires Sunshine Fitness
Sunshine Fitness has been backed by TSG Consumer partners since 2017 and was the first franchisee in the Planet Fitness orbit.
Could a Rower Change the Game for Peloton?
While Peloton delighted fans by launching Boxing and Guide, rumors of a rower machine, like that of Hydrow, have yet to come to fruition.
Myzone Secures $17.2 Million from BGF & OBE
Myzone received a sizable investment from UK growth capital investor BGF and tech entrepreneur Vin Murria OBE.
Here’s What Google’s Crystal Ball Predicts for Peloton
Google’s data has been linked to Peloton’s hardware sales. The search trends data shows that demand for Peloton is continuing to...
As 2021 Comes to a Close, Gyms Push for Stimulus Aid
IHRSA is cautiously optimistic for the gym & fitness industry in 2022 & expects Congress to pass stimulus relief in the first quarter.
Metabolic Fitness Company Levels Reaches New Heights with Crowdfunding
The master plan, Levels says, is to build premium software, use funding to expand awareness & scientific understanding of metabolic fitness