Peloton extends its agreement with Amazon to sell in the UK and Germany

Peloton will sell in the UK and Germany through Amazon. American company that markets its products in Galleries In these markets, to deal with E-Commerce to sell his bike, strength training equipment and other accessories on the e-commerce giant. This option will not be available in Northern Ireland.

Customers will be able to choose between contracting the collection bonus at home or assuming they start the system themselves. In any case, both delivery and assembly will be offered at no additional cost. This announcement follows the launch of Peloton on Amazon in the US in August 2022. and its inclusion in the Prime pre-sale in that country.

The UK and Germany are two strategic markets for Peloton, where we have built large member and participating communities. Expanding our distribution channels through Amazon is our latest move to make it easier to get to Peloton and meet our members wherever they are. Peloton International CEO Manu Seigner said Peloton’s collaboration with Amazon increases access to Peloton-related fitness products and an extensive library of thousands of instructor-led fitness and wellness classes.

The American online training company finished the first quarter of its fiscal year (which runs from July to June) with some 403.6 million dollars (408.6 million euros). It’s up 8% over the same quarter a year earlier, but it’s A third of the red numbers he scored between April and June 2022the previous quarter.

The company reduced its expenses, especially those related to the production of equipment, which fell 41% year-over-year. Of course, sales also fell to $616.5 million (€624 million), down 23.4%. the reason? Invoices from the sale of machines have been reduced by more than half: 60% lessup to a maximum of $204.2 million (€206.7 million).

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