Peloton CEO John Foley talks cheaper bikes and making the most of staying home
May 28, 2020
In this interview, Foley discusses his contrarian view of physical retail stores (he plans to use the pressure on malls and retailers to add more premium locations to Peloton’s nearly 100 retail stores world wide). He also discussed plans to make the company’s bike, which retails for $2,245, or $58 a month for 39 months on an interest-free payment plan, more affordable. Read more on Time.
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