Peloton’s lockdown boom grinds to a halt as UK sales slide

Peloton Interactive UK said turnover had fallen to £127.8m in the year to 30 June 2022, down from £147m during the 12 months before. Photograph: Jeff Chiu/AP

Sales at the UK arm of Peloton have fallen after the end of Covid restrictions put the brakes on the interactive exercise bike firm’s lockdown boom.

The US brand’s British business reported that sales had decreased by 13% in its last financial year and that losses had widened.