PELOTON BIKE NEWS

KEY POINTS Peloton told employees it is slashing roughly 780 jobs, closing a significant number of its stores and hiking prices on some equipment. The company didn’t specify how many of its 86 retail locations it plans to shutter. It said it will exit last-mile logistics, Read More

Peloton activist investors slams new CEO Barry McCarthy An activist investor firm slammed Peloton’s new boss Barry McCarthy in a scathing attack Wednesday, arguing the fitness firm is even “worse off now” than it was with its controversial founder as CEO and has cost shareholders Read More

“As an Amazon Influencer, I earn from qualifying purchases.”  The co-founder of Peloton is stepping down as chief executive after an extended streak of tumult at the exercise and treadmill company, which will also cut almost 3,000 jobs. John Foley first pitched the idea of an Read More

Peloton is hiking prices for its fitness bike and treadmill by $250 and $350 respectively. Delivery and setup were previously free with purchase, but customers will have to pay separately from January 31. A Peloton spokesperson told CNBC it was being hit by “global economic Read More

As we stated in the past.  Indoor Cycling Society would be considered crazy if 100% of our reviews were positive.  Our readers and fans want us to be professional and balanced and not act like mindless cheerleaders. Secondly. Most of you are aware that we are leaders for Indoor Read More

PELOTON SIGNS AGREEMENT TO ACQUIRE PRECOR Acquisition expected to establish Peloton’s U.S. manufacturing footprint, enhance R&D capabilities, and accelerate growth of commercial verticals It’s been a busy year for Peloton, the popular stationary bike and fitness Read More