(Reuters) – Fitness equipment maker Peloton Interactive will bring its workout content to short-form video platform TikTok in an exclusive partnership, the companies said on Thursday. The partnership comes as…
By Kannaki Deka (Reuters) -Exercise equipment maker Peloton Interactive Inc on Thursday forecast revenue below estimates for the all-important holiday quarter and posted a bigger-than-expected quarterly loss, as sticky inflation…
(Reuters) – Peloton Interactive and Lululemon Athletica said on Wednesday they had entered into a five-year global partnership, sending Peloton’s shares up 16.7% in aftermarket trading. Under the deal, Peloton…
NEW YORK (Reuters) – Shares of Peloton Interactive tumbled 6.0% in early trading and hit a more than six-month low on Thursday after the U.S. Consumer Product Safety Commission recalled…
(Reuters) – Peloton Interactive Inc named former Twitter Inc executive Leslie Berland as Chief Marketing Officer on Tuesday, as the once high-flying connected fitness equipment works to recharge sales amid…
(Reuters) – Peloton Interactive Inc is offering refurbished bikes across the continental U.S. and Canada at a discount of up to $500 over new bikes, the company said on Monday.…
(Reuters) – Peloton Interactive Inc will start selling its exercise bike and other fitness accessories on e-commerce giant Amazon.com Inc’s UK platform, it said on Wednesday, in an effort to…
By Kannaki Deka (Reuters) – Peloton Inc’s efforts to get its operations back in shape should help it slow cash burn and post a smaller loss on Thursday, but the…
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Thursday dismissed Peloton Interactive Inc’s lawsuit seeking a declaration it did not infringe Lululemon Athletica Inc’s patents in developing…
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Monday handed a victory to Peloton Interactive Inc, saying subscribers must arbitrate their claims that the maker of at-home…
By Svea Herbst-Bayliss BOSTON – Investment firms Sachem Head Capital Management and Soros Fund Management exited their positions in Peloton during the first quarter as the stock tumbled and the…
(Reuters) – Fitness equipment maker Peloton Interactive Inc is exploring the sale of a sizable minority stake in the company, the Wall Street Journal reported on Thursday, citing people familiar…
By Svea Herbst-Bayliss BOSTON – Technology industry executive Barry McCarthy is an avid user of a Peloton bike and now the stakes for his workouts are rising as he becomes…
Peloton co-founder and chief executive John Foley will step down as the company plans to cut thousands of jobs after slowing demand caused a significant decrease in the bike manufacturer’s…