Users of select Peloton products can now read their Kindle books on the screens of those products while exercising. This new feature is available to Peloton members in the United States, the United Kingdom, Canada, Australia, Austria and Germany on their Bike, Bike+, Tread or...
Peloton made headlines on Thursday (May 2) as it announced the launch of restructuring efforts, including laying off approximately 400 employees — about 15% of its global workforce — and reducing its retail showroom footprint to mitigate costs. This announcement, coinciding with its Q3 fiscal year earnings report,...
Apple is adding new offerings to its Fitness+ service as wellness subscriptions look to capture the post-New-Year’s-resolutions surge in engagement. The tech giant on Thursday (Jan. 4) announced the addition of new meditations and workouts to the subscriptions service, including some with high-profile celebrity partners such as...
Peloton Interactive is reportedly grappling with a decline in revenue and growth forecasts. UBS analysts, led by Arpine Kocharyan, have revised the fitness equipment and digital media company’s price target from $8 to $4 due to mounting uncertainty surrounding Peloton’s subscription growth, Seeking Alpha reported Monday (Sept. 25). Data...
August 22, 2024
Despite a solid financial footing and promising strategic innovations, Peloton’s fourth-quarter results reported Thursday (Aug. 22) expose a troubling reality: a dramatic plunge in subscription numbers. The company’s ambitious upgrades to its product and content have failed to counteract a steep decline in both Connected Fitness and app subscriptions, casting a shadow over its otherwise stable […]
May 26, 2021
The gym as we know it is not built for customer success – something that most consumers will readily attest to, given how few times they went to the gym...
July 01, 2020
In a move that caught much of the world off guard, athleisure giant Lululemon announced plans this week to buy home-exercise technology startup Mirror for an impressive $500 million. The...
August 29, 2019
Peloton is coming to market with its IPO. A look at the S-1 filing reveals an embrace of the razor/razor blade model that melds (pricey) exercise hardware with content (classes...
August 20, 2024
Users of select Peloton products can now read their Kindle books on the screens of those products while exercising. This new feature is available to Peloton members in the United States, the United Kingdom, Canada, Australia, Austria and Germany on their Bike, Bike+, Tread or Tread+, Amazon said in a Tuesday (Aug. 20) press release. […]
September 25, 2023
Peloton Interactive is reportedly grappling with a decline in revenue and growth forecasts. UBS analysts, led by Arpine Kocharyan, have revised the fitness equipment and digital media company’s price target from $8 to...
August 22, 2023
Peloton announced on Tuesday (Aug. 22) a partnership with the University of Michigan to support the fitness of students, athletes and alumni. The partnership, facilitated by LEARFIELD, a media and...
September 28, 2022
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...
