Peloton Starts selling fitness equipment and apparel on Amazon

Peloton has partnered with Amazon to sell exercise equipment, accessories, and clothes on the retailer’s U.S. website.

This is Peloton’s first attempt to sell things outside its e-commerce site and showrooms. Amazon sells the $1,445 Peloton Bike and the $295 Peloton Guide. Peloton’s more expensive Bike+ machine and Tread treadmill are not available on Amazon.

Also Read
Peloton cofounders John Foley and Hisao Kushi Leaving Company

[Just Updated] Peloton Black Friday Deals and Discounts for the 2022

Peloton said the partnership expands its distribution.

Peloton, a triumph in the early months of the pandemic when people were stuck at home, has failed since Covid-19 restrictions lifted.

Peloton wants to hike some prices and cut 784 jobs by closing stores and warehouses. Barry McCarthy, the company’s new CEO and former Spotify and Netflix CFO, replaced John Foley in February.

Peloton lay off 20% of its employees that month. Peloton will outsource its production in July.

Peloton’s first-quarter sales plummeted 24% year-over-year, to $964 million. Thursday is earnings day.

Diana

Diana is an active cyclist and also a freelance writer with years of experience. She loves fun, adventure and single track climbing with her MTB :); bought peloton bike in 2017 and already completed 137 rides.

Recent Posts