Peloton Backpedal in the Right Direction

Peloton Interactive Build your business to delight your customers. Now it must do the same for its shareholders.

peloton said on Tuesday that it would stop making your own hardwareexiting all proprietary manufacturing operations and expanding our relationship with our Taiwanese manufacturer, Rexon Industrial Corp. The move comes as Peloton’s new chief executive Barry McCarthy Works to improve the financial position of the companyUnwinding big, and hindsight naive, Bates Co-Founder John Foley did during his tenure.