Demand for Peloton bikes fizzles, while sales of treadmills skyrocket
The hype surrounding exercise bikes like Peloton, which gained popularity during the pandemic, seems to have diminished. Instead, treadmills are making a comeback in many households, with streaming services like Netflix and Prime Video replacing the enthusiastic trainers. Lou Lentine, CEO of Echelon Fit, a renowned exercise equipment company, predicts a significant 40% increase in …