Tag: Peloton
ShinyShiny snippets: Amazon and Nike ‘consider offer’ for Peloton
Exercise brand Peloton is attracting bid attention from the likes of Amazon and Nike, according to reports. They have been attracted by the soaring sales of Peloton’s exercise bikes and treadmills during the pandemic. Suitors have not been put off by the return to gyms post-lockdown, which has left the firm worth less than a fifth of…
Peloton recalls treadmills after injuries and death in the US
The recall applies to the Tread+ (left) and Tread (right) Peloton has recalled its Tread and Tread+ treadmills in the US and UK over a series of safety issues following investigations by a US watchdog. In the US, 125,000 Tread and Tread+ machines are being recalled after the death of a…
Spending on health and fitness apps rose 50% in 2020
Consumers turned to digital platforms for their fitness needs driving remarkable growth in the industry in 2020. According to the research data analyzed and published by Comprar Acciones, worldwide consumer spending on health and fitness apps grew by 49.7% in 2020. Moreover, based on a Washington Post report, 2.5 billion health and fitness apps were downloaded globally from January to November…
