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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
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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. Get the Full Story Complete the form to unlock this article...
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Peloton is set to introduce a new pricing system Friday (March 11) that allows customers to pay one monthly fee for their workout equipment and to take part in the home fitness brand’s on-demand exercise classes. Get the Full Story Complete the form to unlock...
Planet Fitness saw a membership boom at its fitness centers during the pandemic, helped along by teens and pre-teens signing up for their first gym memberships. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
