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Peloton ditches owned-manufacturing, outsources equipment to Taiwanese Rexon Corp

Exercise equipment company Peloton announced it will no longer be manufacturing its own products, instead opting to partner with Taiwanese corporation Rexon.

Jill woodworthBarry mccarthyExchange commissionTonic fitness technology incRexon industrial corpTonic fitness technologyRexon industrialConnected fitnessChief financial officer jill woodworth

Peloton outsources production of its bikes and treadmills amid struggles – TechCrunch

In spite of its struggles, Peloton recently teased plans to introduce a rowing machine, which joins the also recently announced Guide.

Barry mccarthyAndy rendichRexon industrial corpRexon industrialSupply chain officer andy rendich

Peloton Shifts to Third-Party Manufacturing in Effort to Simplify Supply Chain

Peloton is taking steps to curtail its costs and create a more efficient supply chain by ending all of its owned manufacturing operations.

Barry mccarthyAndy rendichPeloton clubRexon industrial corpTonic fitness technologyRexon industrialPeloton bikeNew york headquarteredChief supply chainNone peloton

Shares of Peloton Gain Today as It Tries to Optimize Its Cost Structure

In an abrupt about-face, the company is outsourcing its manufacturing.

Barry mccarthyKaren booneTonic fitness technologyPeloton interactiveRexon industrial

Peloton Will Shut Down Tonic Fitness as It Exits Manufacturing

The company acquired Tonic in October 2019.

Officerandy rendichCeobarry mccarthyRexon industrial corpTonic fitness technologyPeloton interactiveRexon industrialPeloton chief supply chain officerandy

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