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PELOTON - LATEST NEWS, VIEWS, UPDATES AND COMMENT

Britain's rental boom: How shoppers are turning to hiring high-end bikes, flash cars and designer dresses to enjoy a luxury lifestyle at a fraction of the cost

22/05/24 11:36

Britain's rental market is booming, as experts say hired and second-hand items are now seen as a 'badge of honour'. Renting goods has been revolutionised over the past decade, as you can now hire nearly anything, from high-end bikes and flash cars to designer dresses without breaking the bank. The latest to join the ranks of the renters is Peloton , who announced that customers can now hire their equipment for just £99 a month, a noticeably cheaper alternative to the hefty £1,995 price tag for a new one. As the New York based exercise company marked its fall from grace this week when its share price hit 97 per cent below its 2020 peak, when the indoor bikes were the Covid 'must have'....read

15/05/24 12:41

Tory MP Sir Iain Duncan Smith (pictured) is proposing amendments to the Criminal Justice Bill which would see cyclists obey the same rules of the roads as cars.

13/05/24 08:29

Royal Parks' decision comes after MailOnline exclusively revealed how more than 30 pedestrians have been killed by cyclists over the past decade.

12/05/24 15:18

Cyclists yesterday reached speeds of 33mph in a 20mph zone where a member of Muswell Hill Peloton club killed 81-year-old Hilda Griffiths in Regent's Park in June 2022.

12/05/24 15:17

Former Tory leader Sir Iain Duncan Smith has vowed to close a loophole which can see cyclists who kill or injure pedestrians escape prosecution as they cannot be held to account, pictured, Brian Fitzpatrick.

04/05/24 22:44

Brian Fitzgerald, a vice president at Credit Suisse, avoided prosecution after smashing into Hilda Griffiths while doing laps of Regent's Park, London because speed limit signs don't apply to cyclists.

03/05/24 09:09

It was the lockdown humblebrag of the hip and wealthy, popularised by trendy users like Rishi Sunak but with the news that Peloton is cutting 400 jobs, has the gimmick officially run out of road?

25/04/24 17:29

The Prime Minister welcomed to Downing Street the 27-year-old from Worthing, West Sussex, who recently ran the entire length of Africa .

25/04/24 17:18

Jessie Malone, a producer at Peloton Interactive, was riding home on an electric bike when her smartwatch flagged her for a rising heartbeat last May.

08/02/24 14:03

Felicia Yetke, from West Hartford, was mowed down by a car last week during her run. Her husband Kyle said that it was one of her favorite things to do.

24/01/24 11:40

A former Manchester City footballer who was left for dead after being stabbed by a complete stranger 32 times in a random attack is fighting to play soccer again.

06/10/23 12:27

The Prime Minister said they had gone to a Hallowe'en party together in the United States after meeting at Stanford University.

14/09/23 20:28

Star Peloton instructor Cody Rigsby has claimed he was hired because he has 'a cute face' - even though he had no previous experience teaching spin classes.

07/09/23 12:16

A mother is taking home-exercise giant Peloton to court in a lawsuit over her son's gruesome 2022 death.

14/08/23 14:34

Ed Sheeran's latest marketing tie-up saw him don a Lego-branded apron and T-shirt, signed products, handed out gifts and took photos with fans at the Mall of America in Minnesota on Saturday.

05/07/23 20:41

The CEO of beleaguered firm Peloton has been named one of America's wealthiest executives - despite overseeing job losses and a 22 percent fall in revenue.

13/05/23 07:14

Peloton went from being a 'lockdown darling item' to having to fight a number of PR battles, as a brand expert told MailOnline: 'I don't see how they can ride through this storm'.

12/05/23 12:01

Customers are fearing for their safety after Peloton recalled more than two million of its exercise bikes over a safety hazard which could cause falls and injuries.

11/05/23 15:52

According to the Consumer Product Safety Commission, there have been 35 reports of people falling off their bikes due to a faulty seat.

20/02/23 19:37

Things began to go south as the pandemic ended and people began to return to their old gyms. Share prices peaked at $167 in December 2020, two years later they had sunk to about $13.

19/12/22 23:41

Peloton is taking action after bikes were hit overnight by spam accounts that left pornography on the screens of users across the country.

03/11/22 16:49

The New York-based company's quarterly revenue was down 23 percent to $616.5million - lower than its forecast between $625 million and $650 million.

12/10/22 22:43

Daniel Patrick McKenna, 30, filed a wrongful termination suit against Peloton in the New York State Supreme Court on Wednesday alleging Chief Content Officer Jennifer Cotter humiliated him.

11/10/22 13:54

Peloton bikes are selling for $1,225 on Amazon, $220 off its usual price - but $1,000 cheaper than beleaguered at-home exercise company sold them for during the peak of its popularity.

06/10/22 13:13

Peloton on Thursday announced that they are cutting another 500 jobs from their workforce. This is the fourth round of layoffs this year as the company is facing six straight quarters of losses.

03/10/22 14:17

Peloton will now feature bikes in Hilton hotels, as the exercise equipment brand continues to expand its accessibility. Since December 2020, shares have fallen 95 percent.

29/09/22 17:57

Peloton Interactive is set to sell its bikes and other fitness equipment at Dick's Sporting Goods stores, as products are expected to be available in-store early into the holiday season.

24/08/22 14:24

Peloton announced the deal that will see its fitness equipment posted on the online retailer effective immediately on Wednesday, causing the company's share price to surge before the bell.

12/08/22 20:16

Peloton told employees Friday it's slashing 784 jobs, increasing equipment prices, closing several retail locations and requiring all non-remote employees to return to office.

12/07/22 11:55

The company has announced its bikes and treadmills will be made by Rexon in an attempt to simplify the business and reduce costs for the beleaguered firm.

18/05/22 22:01

Democratic Rep. Zoe Lofgren said she rejected a plan to give House staff Peloton app subscriptions, which House Republican Leader Kevin McCarthy blasted earlier Wednesday as 'out of touch.'

08/05/22 01:59

Bosses at BBC Studios - the Corporation's commercial wing - hope the unusual benefits will help to fill a series of vacancies at its offices in the United States.

10/03/22 15:40

New Peloton CEO Barry McCarthy will roll out the pilot program - charging $60 to $100 - in Texas, Florida, Minnesota and Denver. Upon cancellation, the company will take back the bike with no charge.

06/03/22 16:29

Sarah Healey, permanent secretary at the Department for Culture, Media and Sport, was among top mandarins who shared out £400,000.

23/02/22 12:39

Peloton allegedly began using a chemical solution that disguised corrosion on the bikes by 'reacting with the rust to form a black layer' after staff noticed that paint was flaking off some of the bikes.

09/02/22 23:36

Some of the laid off employees - who make up 20 percent of global corporate staff - learned they were fired when they found their access to the company's Slack channel switched off on Tuesday.

09/02/22 17:50

Peloton co-founder John Foley will maintain an active role in running the company after stepping down as CEO, the company's new chief executive has said in a leaked memo.

08/02/22 13:00

Foley will step down and take a new role as executive chair of the company while Barry McCarthy, the former chief financial officer of Spotify and Netflix, will become the new boss.

05/02/22 06:11

Peloton's shares soared over 30 percent after it was reported Amazon has been speaking to advisers about a potential deal, which the flailing fitness company was receptive to.

02/02/22 22:54

Sarah Healey (pictured) is being lined up as a potential candidate as Boris Johnson creates an Office of the Prime Minister, with a permanent secretary to lead No 10.

25/01/22 06:02

March 2021: Peloton warns parents to keep children away from its Tread+ treadmills after a six year old child is killed on being pulled underneath one of them

24/01/22 20:39

Activist investor Blackwells Capital is calling on Peloton to fire CEO John Foley, citing his 'repeated failures' as outlined in a scathing letter released on Monday.

24/01/22 03:22

SPOILER ALERT! Mike Wagner, played by David Costabile, is seen in the Season 6 premiere of Showtime's Billions having a heart attack after riding a Peloton bike, similar to Chris Noth's Mr. Big.

21/01/22 20:38

Share prices for Peloton rose to $28.06 on Friday after plummeting to $24.22 on Thursday after a leaked presentation revealed the company has seen a 'significant reduction' in demand.

21/01/22 10:01

Co-founder John Foley tried to quash the damaging 'rumors' after a leaked presentation revealed the company has seen a 'significant reduction' in demand for its products.

20/01/22 18:18

Peloton announced on Thursday that it would be temporarily halting production of its bikes and treadmills due to declining demand as brick-and-mortar gyms are getting customers back.

18/01/22 18:53

Peloton's financial decent could cause it to cut jobs and ask more of its remaining employees, according to a new report that claims executives have commissioned a firm to help sort its finances

15/12/21 19:46

John Foley held a swanky party at the Plaza Hotel, near Central Park, on December 8, with pictures of the glitzy bash being shared to social media by Peloton instructors.

14/12/21 18:45

The now-viral Peloton ad has been so successful that some fans couldn't help but wonder did the fitness start-up plan this? The fitness start-up insists that they were unaware of the And Just Like This plot.

13/12/21 00:09

Peloton trolled the new Sex and the City reboot on Sunday with a commercial featuring  Chris Noth as his character, Mr. Big, who was killed off in the premiere episode on Thursday.

07/12/21 16:22

Junior mandarin Raphael Marshall said soldiers had to be drafted in for desk work in the Foreign Office when colleagues insisted on putting their 'work life balance' first.

17/11/21 22:10

With vaccines widely available, shares of Peloton have plunged 65 percent this year, and Zoom is down 26 percent, while airlines, hotels and other sectors battered in the pandemic are thriving.

11/11/21 10:29

Peloton appears to have banned the use of the tag #LetsGoBrandon and sends an error message when the anti-Biden hashtag is used on their app.

05/11/21 20:10

Shares of Peloton were down 35 percent in afternoon trading on Friday, at $56.17, a day after the company slashed its annual revenue projection by as much as $1 billion.

09/10/21 23:34

Sarah Healey, permanent secretary at the Department for Digital, Culture, Media and Sport, was accused of undermining UK Ministers.

02/10/21 22:03

Sarah Healey, permanent secretary at the Department for Digital, Culture Media and Sport (DCMS), said she prefers working from home as it gives her time to spend on her exercise bike.

27/08/21 13:30

The company also said Friday that the Securities and Exchange Commission is 'investigating our public disclosures concerning these matters.'

27/08/21 00:46

Peloton lowered the price of its original Bike to $1,495 marking the second time it has reduced the Bike's price from $2,245 when it was released. It is predicting a revenue drop in 2022.

21/07/21 15:01

Sarah and Ygal Saadoun, of Brooklyn, New York, are suing Peloton after their son was severely injured last July when he became pinned under the $4,200 Tread+ treadmill.

01/07/21 22:07

GRAPHIC IMAGE WARNING: Sarah and Ygal Saadoun, of Brooklyn, are suing Peloton after their three-year-old son was left with horrific third-degree burns to his back and sides.

22/06/21 01:54

Mr Sunak's favourite exercise instructor is Cody Rigsby, 33, a professional dancer from New York who describes himself as an 'opinionated homosexual' to his 760,000 Instagram followers.

19/05/21 18:04

Customers are now able use a four digit code to unlock the $4,295 Tread+. The machines will also lock after 45 seconds not being used. A string of accidents had prompted a recall on the machines.

05/05/21 17:47

Among the data anyone on the internet could access: a Peloton user's age, birthdate, city, gender, weight and workout statistics, all of which can set to be private by a user but were still accessible.

17/04/21 03:08

Peloton is fighting a federal safety recall and has allegedly delayed an investigation into potential safety problems it was revealed that a child died on a treadmill last month.

22/12/20 17:09

Peloton shares hit an all-time high on Tuesday, hours after it announced it is cranking up its manufacturing capacity by acquiring fitness equipment provider Precor.  

15/12/20 15:36

Co-founder and CEO of Peloton John Foley, 49, revealed his unusual morning routine in a recent profile with the New York Times, stating he sips water from the sink until he feels like throwing up.

15/12/20 00:03

Mad Dogg Athletics, which brands itself as 'the creator of the Spinning and indoor cycling category', filed the lawsuit against Peloton in the US District Court for the Eastern District of Texas on Monday.

24/11/20 17:53

The company's most famous product is a stationary bike that has become popular amid the coronavirus pandemic, as gym closures have forced many Americans to start working out at home.

15/10/20 23:20

Peloton have recalled pedals from 27,000 bikes after 120 customers complained the parts were unexpectedly breaking off during use and 16 reported laceration injuries.

15/10/20 16:02

Icon Health & Fitness filed the lawsuit on Thursday in Delaware district court, accusing Peloton of patent infringement for two features Peloton added to its new exercise bike released in September.

06/04/20 19:30

In a letter to Peloton's more than one million subscribers, the company said it will halt live classes in New York and London after an employees contracted COVID-19

20/02/20 15:15

Flywheel said Wednesday in an email to At Home customers that it will stop virtual classes by March 27. They settled a lawsuit with Peloton this week which complained two patents were copied.

04/02/20 14:53

On Monday, Recode reported that two percent of Peloton customers spent money on the SoulCycle in December 2019, which was half the number from 2017.

17/12/19 11:08

California based actress Monica Ruiz is thought to have been paid $2,000 to appear on CBS show The Bold & the Beautiful. She became a well-known face after playing the wife in a Peloton holiday ad.

12/12/19 15:52

Peloton wife actress Monica Ruiz says the commercial sparked fury online because of her distressed expression in the holiday ad, in an interview on the Today show on Thursday.

09/12/19 16:15

California-based actress Monica Ruiz was seen walking her dog in Los Angeles on Sunday, left. She played the wife in the controversial Peloton holiday commercial, right.

08/12/19 18:37

'Peloton husband' actor Sean Hunter slammed the SNL spoof of the Peloton stationary bike holiday commercial saying 'I love SNL, but they should see the DM's I have, it's hurtful.'

08/12/19 01:37

Before gaining widespread attention as 'Peloton Wife' in the now infamous exercise bike commercial, Monica Ruiz was living the quiet life as a model and married mom-of-two based out of California.

07/12/19 14:22

Reynolds and Aviation American Gin posted the ad onto their Instagram accounts on Friday night. The ad stars the actress now dubbed the 'Peloton Wife' - named Monica Ruiz.

05/12/19 22:37

Sean Hunter, the Canadian actor and elementary school teacher, described the shock of being thrust in the center of a social media firestorm in reaction to the controversial Peloton ad.

   

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