Peloton’s UK subsidiary posts £81m loss despite booming lockdown sales
The UK subsidiary of at-home fitness brand Peloton has posted a £81 million operating loss for the year to 30 June 2021 despite seeing sales here nearly treble during the 12-month period as a result of lockdown.The news comes in a month in which the New York City-based brand’s CEO, brought on board earlier this … Read more