According to a CNBC report, exercise machine maker Peloton is temporarily halting production of its bikes and treadmills as demand wanes. CNBC has obtained internal documents that state the above move. On January 10th, the company said in a confidential presentation dated Jan. 10 that demand for its connected fitness equipment has faced a “significant … Continue reading “Peloton Will Stop Production of its Bikes for This Reason”
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Company News
Peloton is Getting a Boost in Sales Due to Coronavirus
Exercise machine maker Peloton has cited that a recent spike in Covid-19 cases and lockdowns…
November 7, 2020
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Peloton Recalls Thousands of Bikes Over This Issue
First reported by Business Insider, fitness equipment maker Peloton has recalled pedals on thousands of…
October 20, 2020