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channelnews : Tech Bike Peddler Peloton Sinks As OZ Operation Wound Down & Losses Mount

Summary by channelnews.com.au
Their flash NSW Martin Place store is now ‘Permanently’ closed and their David Jones retail experiment flopped now the US Peloton group is slashing marketing and advertising costs as demand for their high tech peddle machines struggles to attract consumers. The former CEO of Spotify in Australia Karen Lawson who launched Peloton in Australia has...
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channelnews.com.au broke the news in on Thursday, May 15, 2025.
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