Peloton slashes sales goals for apparel unit: report

Peloton slashes sales goals for apparel unit: report

Peloton has cut its 2022 sales projections for its apparel unit in yet another sign of plummet demand that has socked the company’s bottom line. Internal documents cited by CNBC show that the company expects apparel revenue from its apparel division to approach $150 million — a sharp revision downward from initial projections of more … Read more