Connected fitness giant Peloton also confirmed that Dalana Brand is relocating from California to New York City.
The immediate focus of new CEO Dustin Grosz will be to return Precor to a position of positive free cash flow.
Last year, Peloton was reported as a potential buyer for Tonal but both the companies could not agree on a price.
The end of Yeezy will cost Adidas roughly $1.3 billion in revenue if the sportswear brand fails to repurpose the stock.
Justifying the price increase, Tonal compares its fitness offerings to the cost of a monthly gym membership & weekly personal training session
In the Peloton Q2 2023 earnings call, CEO McCarthy saluted trainers & community, declared layoffs are over, said global growth will be...
Peloton reported February 1st that it has generated more revenue from subscriptions than hardware sales, a trend that will likely continue.
Leslie Berland will begin her new position at Peloton effective January 18 and will be based in New York City.
Peloton will pay a $19 million fine because it failed to immediately report safety hazard with Tread+ & distributed recalled treadmills.
The refurbished Peloton Bike and Bike+ come with the same 12-month limited warranty as the new bikes, costing $300 & $500, respectively, l...
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