by Alexandra White | Dec 23, 2021
Jessica Katzen bought a Peloton bike after her favorite Hot Pilates studio closed during the pandemic. She has no plans to return to her gym, but she is not convinced by Peloton to expand her home gym by purchasing the Tread. “I hate running,” said Katzen. “There’s...
by Alexandra White | Nov 13, 2021
By: Alexandra White Peloton thought virtual workouts were the next big thing for fitness consumers, but a dismal first-quarter earnings report revealed that it may have miscalculated that assumption. Shares of Peloton fell 35% the day after it reported earnings for...
by Alexandra White | Oct 27, 2021
By Alexandra White Miranda Haymon, 26, made $37,000 a year as a theater director at the height of the pandemic. She was relieved when the U.S. The Department of Education automatically suspended federal student loan payments in March 2020. A few months later, Haymon...
by Alexandra White | Oct 23, 2021
By Alexandra White Squarespace is planning a blitz of mergers and acquisitions in the future, as it develops its e-commerce business. “We’ve had a really positive experience with M&A and with joining with these small teams,” said Anthony Casalena, CEO of...
by Alexandra White | Oct 9, 2021
Peloton announced to CNBC on September 20th that it launched a business-to-business platform for the hospitality industry to purchase both Precor and Peloton fitness equipment online. Peloton purchased Precor, a commercial fitness equipment company, for $420 million...