Peloton Shifts to Third-Party Manufacturing in Effort to Simplify Supply Chain
Retail TouchPoints
JULY 12, 2022
The New York-headquartered connected fitness company is also suspending operations at exercise gear company Tonic Fitness Technology, which it acquired in October 2019. Taiwan-based manufacturer Rexon Industrial Corp. Premarket trading for Peloton shares rose more than 6% on the news.
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