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Peloton stock jumps 12% after announcing Lululemon partnership on apparel and fitness content
Under the partnership, Lululemon will discontinue its Studio Mirror, and Peloton will sell co-brand…
Aruni Soni
Peloton's high-tech fitness bike and treadmill will soon cost you as much as $350 more as it hikes prices to cope with higher costs
Delivery and setup were previously free with the purchase of Peloton hardware, but customers will h…
Grace Dean
I'm one of 2,800 people Peloton just laid off. It felt sudden, cold, and scripted and I'm still in shock.
"Laid-off employees were also given a one-year Peloton membership," a Peloton worker told Insider. …
Fortesa Latifi
Peloton is scrapping plans to build its own factory
The canceled factory is feeding into Peloton's plans to cut costs by around $800 million a year, in…
Grace Dean
Peloton will pay a $19 million penalty for failing to act fast enough over treadmill incidents that included the death of a 6-year-old child
The Consumer Product Safety Commission said Peloton failed to immediately report incidents where pe…
Jyoti Mann
Tonal is aiming to take market share after Lululemon discontinues Mirror, a competing connected fitness product
Tonal is offering Mirror customers a trade-in program, after Lululemon announced it would stop sell…
Jennifer Ortakales Dawkins
Peloton cuts 2022 sales forecast at its apparel unit by a quarter to $150 million, a report says
Connected-fitness company Peloton slashed its sales forecast from $200 million to $150 million, per…
Grace Dean
Peloton's disastrous month doesn't mean the future of at-home fitness is dead, analysts say
Home fitness equipment sales, excluding Peloton bikes and treadmills, amounted to $3.3 billion betw…
Allana Akhtar
Mary Meisenzahl
Peloton is raising subscription prices for the first time to $44 a month, but cutting prices on bikes and treadmills
Peloton has cut the price of its bikes and increased its subscription costs, attempting to bring mo…
Gabrielle Bienasz
Peloton's founder is severing his last remaining ties with the embattled company as he resigns immediately as chairman
Peloton's co-founder and former CEO, John Foley, announced he is resigning as the company's executi…
Samantha Delouya
Peloton is expanding its rental program nationwide a day after two of its cofounders stepped down
The program represents Peloton's effort to revitalize its struggling business by attracting new cus…
Sarah Jackson
Peloton Row, the company's much-hyped rowing machine, has finally hit the market for the handsome sum of $3,195
Presales are now available for Peloton's much-awaited rower, with orders expected to ship in early …
Grace Dean
Peloton is slashing 500 more jobs but denies report that its CEO said it had 6 months to turn itself around
Peloton is slashing hundreds more jobs in a desperate measure to cut costs, The Wall Street Journal…
Grace Dean
Lululemon is counter-suing Peloton as the brands battle over athleisure design patents
The suit alleges that Peloton produced "knock-offs" of Lululemon's design patents with several prod…
Avery Hartmans
Peloton and Lululemon are in a legal tussle over who owns athleisure
Peloton launched its own private-label clothing line in September, and Lululemon claims that some o…
Avery Hartmans
Outgoing Peloton CEO John Foley takes the blame for Peloton's crash: 'We own this. I own this.'
"We've made missteps along the way," Foley said in his final investor call as Peloton CEO on Tuesda…
Ben Gilbert
Peloton is still investigating how many of its bikes are rusting from the inside
A Financial Times investigation revealed that Peloton received a series of bikes from its supplier …
Mary Hanbury
New Peloton CEO Barry McCarthy denies reports that angry laid-off staffers crashed and cut short an all-hands meeting where he was introduced
In an interview with The New York Times, McCarthy refuted reports that an internal meeting announci…
Sarah Jackson
Peloton's new CEO explains the difference between his management style and that of his predecessor, John Foley: 'You'll never hear me say we're a family'
"I love John's strengths, but I'm running the company," new Peloton CEO Barry McCarthy told NYT's D…