📰 Peleton Interactive News
Peleton Interactive News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from Peleton Interactive. Real-time updates on events, politics, business and more.
May 2, 2024
Peleton is laying off another 400 workers, and CEO Barry McCarthy is stepping down Home exercise company Peleton Interactive (NASDAQ: ) is cutting 15% of its…
April 18, 2023
Yogawear giant spent US$500m to buy the home fitness workout technology in 2020
April 17, 2023
Yogawear giant spent US$500m to buy the home fitness workout technology in 2020
March 21, 2023
In 2006, and with sister Lisa Bhathal Merage, the pair led a private equity backed acquisition of the company, the largest of its kind in the history of the swimwear industry.
June 1, 2021
By Memorandum Opinion entered by the Honorable Richard G. Andrews in Peleton Interactive, Inc. v. ICON Health & Fitness, Inc., Civil Action No. 20-662-RGA (D.Del. May 28, 2021), the Court granted in part and denied in part Peleton’s Partial Motion to Dismiss ICON’s First Amended Counterclaims. In doing so, among other things, the Court concluded that Peleton’s statements describing itself in its advertisements as an “innovator” and “hardcore technology company” are non-actionab...