Earlier this year, the company suspended production of its home fitness equipment because of waning consumer demand, according to a report.
internal company documents, said the company was suspending production of its home fitness equipment because of waning consumer demand.
But as the pandemic ushered in a widespread popularity for Peloton, the company struggled to keep up with the unprecedented demand for its products, leading to months-long delivery estimates and missing shipping deadlines from its factories in Taiwan. And in 2021, Peloton Interactive recalled both its Tread+ and Tread treadmills following more than 70 incidents,
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