After announcing a significant reduction in its store fleet, the fitness brand is pedaling forward with a new brick-and-mortar strategy
Exits come as fitness company continues restructuring
The bike maker plans a "significant and aggressive reduction" of its store fleet as part of a new retail model
She'll be tasked with helping lift the company out of recent financial turmoil
The per-share deficit was far from what Wall Street expected
Barry McCarthy will replace CEO John Foley
Peloton has not yet decided whether it will explore a sale
Patent lawsuit centers on Peloton’s new sportswear line
She founded the company in 2016, then sold it for $500 million just four years later
Their new collection will launch just in time for fall