The deal with Liverpool comes as Peloton reports strong subscriber growth in the U.K. amid its push into international markets.
The layoffs impacted roughly 100 employees in the Lululemon Studio unit, underscoring the albatross of the brand's connected fitness Mirror.
Now, when an athlete picks up a PowerBlock dumbbell, asensei's advanced computer vision can track the weight in real-time.
Leveraging AI and data like sleep quality and heart rate, Tempo now creates workout plans that adapt to each individual user.
Lululemon acquired Mirror for $500 million in June 2020 amid the at-home fitness boom, but the deal has proved to be a flop.
Peloton is continuing to add members in the U.K., which bodes well for the connected fitness company's international expansion plans.
Peloton CEO Barry McCarthy got candid about the connected fitness company's rebrand, product recalls and more at a J.P. Morgan conference.
As president, Stellato will continue to oversee finances for Hydrow but will play a more significant part in shaping the company’s future.
Strava members will get access to challenges and curated exclusive content from Nike coaches and athletes via a Nike-branded club.
The treadmill repair comes after Peloton recalled 125,000 Tread+ machines in May 2021 following the death of a six-year-old.
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