US regulators warned customers to stop using Peloton's $4,295 treadmill, deeming it unsafe, but could not enforce a recall.
Peloton has seen sales surge in recent months as more people that are confined to their homes during the lockdown invest in at-home workout products. In the quarter that ended March 31, Peloton had a total of 866,100 connected fitness subscribers – customers that have bought either the bike or […]
Peloton’s CEO said that the company is considering offering a cheaper version of its $US2,000 high-tech fitness bike. CEO John Foley said that in doing so it hoped to reach more customers. “That’s a big focus for us in the coming years,” he said. Peloton is one of the few […]
Peloton reported a 66% increase in sales in the most recent quarter as consumers stuck in lockdown flocked to by its high tech at-home workout equipment. It ended the quarter with over 866,100 connected fitness subscribers in total – those that have either purchased bike or the treadmill – a […]
Mirror, the New York-based startup that makes an interactive workout mirror, announced Wednesday that it had raised $US34 million in a new round of funding led by the hedge fund Point72. Lululemon and Karlie Kloss also invested in this round. Mirror also announced that it would be partnering with Lululemon […]
Mirror is a New York-based startup that created a $US1,500 interactive mirror that streams live and on-demand workout classes into your home. As of Tuesday, customers will also be able to use their interactive mirror to take training classes with a personal trainer. Founder and CEO Brynn Putnam says this […]
Home-exercise company Peloton is known for its luxury exercise bikes, cult-like following, and heavily hyped journey to the public markets. In addition to the bike or treadmill, consumers can exercise with Peloton through its app, which requires a $US19.49 monthly subscription. I signed up for a free trial of Peloton’s […]