Depending on where you look, Main Street small and medium-sized businesses (SMBs) are either struggling with macro headwinds and fighting for survival — or they’re navigating the challenging environment with aplomb. And in the case of fitness-related firms in particular, they are increasingly finding themselves...
Lululemon has rolled out a new platform offering more content and products for members, called lululemon Studio, a press release said. It will use connections with in person, at home and on the go services, and will launch Oct. 5. The platform will build on...
Chairman John Foley and chief legal officer Hisao Kushi are stepping down from Peloton as the down-and-out maker of exercise equipment they both helped to found tries to reshape a business that expanded rapidly and rode the pandemic to heady heights, then crashed under the...
Google’s Fitbit has announced that its two new smartwatches available for pre-order are designed to feel at home on the wearer’s body, 24/7. Both the Versa 4 and the Sense 2 track several health-related metrics, are powered by the new Fitbit OS and include a...
Need help finding a fitness app? No sweat! PYMNTS’ Provider Ranking of Fitness apps brings the top contenders in this segment to the podium each month. There’s a lot to choose from as the podium normally includes the top 10 contenders but has now made...
Ready for bathing suit season? Not unless you’ve been keeping current with PYMNTS Provider Ranking of Fitness apps, where all the healthy (and aspiring healthy) people go. We’ve got some changes, and that’s expected, especially as millions of people picture themselves in a swimsuit —...
Peloton is looking at possibly selling a sizable minority stake in an effort to improve its business amid sinking fortunes, The Wall Street Journal reported Thursday (May 5), citing sources familiar with the matter. The company is reportedly targeting potential investors, including industry players and...
Peloton will cut the price of its three main connect fitness products while hiking the cost of its subscription in an attempt to generate more recurring revenue. As Bloomberg reported Thursday (April 14), the price of Peloton’s bike is set to drop $300, down to...
Activist investor Blackwells Capital has renewed its calls for Peloton to put itself up for sale, claiming the connected fitness brand continues to flounder under new CEO Barry McCarthy. As CNBC reported Wednesday (April 13), Blackwells — which owns less than 5% of Peloton —...
