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Peloton internal docs show it slashed 2022 sales goals for apparel unit after segment revenue more than doubled last year

January 31, 2022

Peloton has slashed 2022 sales projections for its apparel business, according to internal documents obtained by CNBC. Momentum in the unit, which is run by Chief Executive John Foley’s wife, seems to be fading heading into the next year, after apparel revenue more than doubled to over $100 million from 2020 to 2021. CNBC