Digital connected fitness is showing serious signs of weakness, with Peloton earlier this month lowering its expectations for subscription growth and revenue for the 2022 fiscal year. And while gym memberships are simultaneously on the rise, the question remains whether fitness can have as strong...
In early 2020, almost overnight, people’s houses were transformed from just being a home to also serving as the office, the happy hour locale and the gym — a boon for Peloton and other companies that were ready to step in and help provide consumers...
Peloton is lowering its projections for the next nine months after the first quarter of its fiscal year saw slowing growth and supply chain issues that are piling on more challenges for the embattled company. Get the Full Story Complete the form to unlock this...
Peloton has created a B2B platform to let hospitality customers buy connected fitness equipment and Precor products online, CNBC reported. The effort sees the exercise company moving beyond the home. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
You’re unfit. That’s right. We went there. But it’s for your own good. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Sports performance analytics company Catapult on Wednesday (Aug. 18) announced the debut of its Catapult One fitness tracker, which provides athletes and coaches at varying levels the solution to monitor, evaluate and enhance athletic performance. Get the Full Story Complete the form to unlock this...
With gyms closed and COVID-19 keeping most people indoors in 2020, many people turned to connected fitness companies, including Peloton, Mirror and Tonal, to get their exercise and attend fitness classes. But Peloton’s 30- and 45-minute classes don’t work for everyone’s schedule — and even...
Little late to be thinking about fitness apps for swimsuit season, you say? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
