Peloton halts production of fitness bikes, cites 'significant' loss of demand

AppleInsider
Jan 20, 2022, 1:10 pm434 pts
Fitness firm Peloton is reported to be temporarily halting production of its bikes and treadmills, citing continued decline in sales since after demand from people working at home peaked. Peloton Bike Peloton benefited from the coronavirus with booming sales for its home fitness equipment, but recently blamed…

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