Peloton intends to enter into financial transactions including a $1 billion loan and issuing $275 million in convertible senior notes.
Connected fitness giant Peloton is exploring its financial options after the departure of CEO Barry McCarthy and significant layoffs.
While connected fitness options abound, the Aviron Strong Go Rower has done the seemingly impossible: make tough workouts fun.
Hydrow is rowing over to the booming strength training and longevity spaces, acquiring a majority stake in Speede Fitness.
The speculation of a private equity buyout offers some potential light at the end of the tunnel in what's been a rough few years for Peloton.
One year after a massive rebrand that hasn't yet gone according to plan, connected fitness giant Peloton is now on the hunt for a new leader.
iFIT will be launching AI Coach, an artificial intelligence-powered digital coach that interacts with users via text message to provide 24/7 support.
Peloton, the connected fitness giant, hasn't converted enough free subscribers into paid ones to make its free app tier a success.
A leading manufacturer of smart equipment and best-in-class workout content, Echelon is all in on the power of connected fitness for franchise brands.
At-home fitness companies have struggled after COVID, especially those selling equipment. BowFlex notably filed for bankruptcy last month.
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