Retail News

Peloton hopes supply chain investments will bring big returns

CNBC 10/25/2021

Peloton has invested nearly $1 billion to improve its production and supply chain capabilities this year and the at-home exercise startup believes steps such as the building its first U.S.-based factory in Ohio will help it meet demand going forward. “We have a big investment in Taiwan and our partners and in our facilities, and we have great relationships with carriers,” said Peloton co-founder and chief product officer Tom Cortese. “And through both our investment in the state of Ohio and our new partners … we’ve been building out our North America production and supply chain capabilities.”

Source: CNBC


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