Peloton
Precor to Close NC Plant, Laying Off 123 Employees
The closure of the Precor plant on Millstream Road, Whitsett, Guilford County, NC is part of a corporate restructuring by Peloton.
Streaming Technology Wars: Judge says Peloton & iFit Infringed on Dish Network Patents, Bans Imports of Fitness Devices
Sling TV & Dish Network filed a complaint in 2021 with the ITC, alleging Peloton & iFit infringed on four video-streaming tech patents.
Peloton Introduces @PelotonStudios for Existing Members, Offering Behind-the-Scenes Content
@PelotonStudios may either appease or tease Pelotoners experiencing FOMO for being unable to book classes in the in-person studios.
Peloton Appoints Dalana Brand, formerly from Twitter, as Chief People Officer
Connected fitness giant Peloton also confirmed that Dalana Brand is relocating from California to New York City.
It’s Official: Dustin Grosz Named Chief Executive Officer of Precor
The immediate focus of new CEO Dustin Grosz will be to return Precor to a position of positive free cash flow.
Tonal Seeks Additional Funding or Buyer, Contemplates Replacing CEO
Last year, Peloton was reported as a potential buyer for Tonal but both the companies could not agree on a price.
A Costly Breakup: The End of Yeezy Leaves Adidas in Financial Predicament
The end of Yeezy will cost Adidas roughly $1.3 billion in revenue if the sportswear brand fails to repurpose the stock.
Tonal Raises $500 for Trainer, Sets Date for Membership Cost Hike While Highlighting ‘Incredible Value’
Justifying the price increase, Tonal compares its fitness offerings to the cost of a monthly gym membership & weekly personal training session
Inside Peloton Q2 2023 Earnings Call: The Comeback Story is Underway
In the Peloton Q2 2023 earnings call, CEO McCarthy saluted trainers & community, declared layoffs are over, said global growth will be...
Peloton Spins into February with Love Letter to Investors – ‘Imagine what’s possible,’ Says CEO
Peloton reported February 1st that it has generated more revenue from subscriptions than hardware sales, a trend that will likely continue.
