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Miami Herald
3 days ago
- Business
- Miami Herald
Peloton launches ‘Repowered' platform to resell used fitness equipment
June 4 (UPI) -- Peloton is geared-up to help customers sell their bikes and treadmills online with Tuesday's launch of Repowered, a resale marketplace that could bring in top secondhand dollars for the connected fitness company. Repowered is currently operating in New York City, Boston and Washington, D.C., with plans to go nationwide within the year. The platform is available to sellers only and will become available to buyers, once there's enough inventory, Peloton said. "The official Peloton resale site where you can find great deals on gently used Peloton equipment or sell your pre-loved pieces for cash," the company announced on its website. According to Peloton, the platform will cut third party friction by coordinating pickups and deliveries. Sellers will receive 70% of the proceeds, with Peloton splitting the rest with platform provider Archive. Sellers can also receive up to a $600 discount on new equipment. Peloton says the resale market aligns with its sustainability goals to "help give used equipment a second life," while providing transparency on the product. "If you're buying or selling used Peloton equipment, you will have access to the Peloton History Summary that includes details like service history, warranty and more, directly from us," the company said. "This ensures transparency about the item's condition, giving both parties confidence in the transaction." The fitness company has seen a drop in the monthly subscriptions that go with their equipment, as treadmills and bikes collect dust and clothing once owners stop using them. Those subscriptions are a big part of Peloton's revenue, according to the company's financial records. Last year, Peloton cut 15% of its workforce as chief executive officer Barry McCarthy stepped down. At the same time, the company noticed a spike in the resale of its equipment on Facebook Marketplace and Trade My Stuff, which manages transactions and heavy lifting for buyers and sellers. The delivery team also sets up the equipment and teaches the buyer how to use it. After reporting a 13% decline in revenue during its third quarter, Peloton announced it would help facilitate the resale of its own equipment as part of its full-spectrum wellness offerings that include mindfulness and sleep. Copyright 2025 UPI News Corporation. All Rights Reserved.
UPI
3 days ago
- Business
- UPI
Peloton launches 'Repowered' platform to resell used fitness equipment
Pedestrians walk past a Peloton store in Bethesda, Maryland in August 2022. The fitness company announced Tuesday it was launching a resale platform for its fitness equipment, called Repowered. File Photo by Michael Reynolds/EPA-EFE June 4 (UPI) -- Peloton is geared-up to help customers sell their bikes and treadmills online with Tuesday's launch of Repowered, a resale marketplace that could bring in top secondhand dollars for the connected fitness company. Repowered is currently operating in New York City, Boston and Washington, D.C., with plans to go nationwide within the year. The platform is available to sellers only and will become available to buyers, once there's enough inventory, Peloton said. "The official Peloton resale site where you can find great deals on gently used Peloton equipment or sell your pre-loved pieces for cash," the company announced on its website. According to Peloton, the platform will cut third party friction by coordinating pickups and deliveries. Sellers will receive 70% of the proceeds, with Peloton splitting the rest with platform provider Archive. Sellers can also receive up to a $600 discount on new equipment. Peloton says the resale market aligns with its sustainability goals to "help give used equipment a second life," while providing transparency on the product. "If you're buying or selling used Peloton equipment, you will have access to the Peloton History Summary that includes details like service history, warranty and more, directly from us," the company said. "This ensures transparency about the item's condition, giving both parties confidence in the transaction." The fitness company has seen a drop in the monthly subscriptions that go with their equipment, as treadmills and bikes collect dust and clothing once owners stop using them. Those subscriptions are a big part of Peloton's revenue, according to the company's financial records. Last year, Peloton cut 15% of its workforce as chief executive officer Barry McCarthy stepped down. At the same time, the company noticed a spike in the resale of its equipment on Facebook Marketplace and Trade My Stuff, which manages transactions and heavy lifting for buyers and sellers. The delivery team also sets up the equipment and teaches the buyer how to use it. After reporting a 13% decline in revenue during its third quarter, Peloton announced it would help facilitate the resale of its own equipment as part of its full-spectrum wellness offerings that include mindfulness and sleep.
Irish Times
25-05-2025
- Sport
- Irish Times
West Indies beat Ireland by 197 runs to square up three-match series
West Indies (385-7) (Keacy Carty 170; Barry McCarthy 3-100) beat Ireland (165-8) (Cade Carmichael 48; Jayden Seales 3-26) by 197 runs (DLS method) On Friday the weather saved Ireland from the unenviable task of chasing down a mammoth West Indies total. They were not so lucky this time around. Replying to an even bigger score of 386, reduced to 363 in 46 overs by rain, Ireland's attempt was ugly. In just his second international innings, Cade Carmichael reached 48 before getting stuck looking for a maiden milestone, but that was as good as it got. West Indies wrapped up a dominant 197-run win to square the three-match series at one apiece, honours shared after Ireland's own dominant victory in game one before the rain scuppered things on Friday. The day started promisingly for Ireland, Barry McCarthy continuing his hex over Brandon King, dismissing the West Indies opener for the third time in as many matches. He added Evin Lewis for good measure, leaving the visitors two down inside five overs. READ MORE The fight back was something to behold. Shai Hope and Keacy Carty combined to put on 137 runs, the latter passing three figures in back-to-back matches. His effort of 170 anchored a late onslaught of hitting, Ireland's inability to take middle overs wickets biting them by opening up the Caribbean power game at the death. Justin Greaves added 50 runs off just 23 balls, Ireland struggling to contain the scoring rate at the small Clontarf venue. They were not helped by injuries. Debutant Jordan Neill bowled just five overs before suffering a nasty shoulder issue. Josh Little managed seven before tweaking something in his leg. Neither man emerged to bat later in the day, meaning West Indies needed to take just eight wickets for victory. Irish skipper Paul Stirling started the chase with the required aggression when needing nearly eight runs an over but he departed for 26. Jayden Seales accounted for him, Andy Balbirnie and Harry Tector cheaply, tearing the heart out of this Irish chase. Carmichael, Lorcan Tucker and George Dockrell all made contributions, but nothing close enough to the magic needed for a record victory. A pair of run outs only added to the ignominy, the West Indies wrapping things up with 16 overs still remaining. The Caribbean outfit now heads to England before returning to these shores in June for a three-match T20 encounter to be held in Bready Cricket Club.
BBC News
25-05-2025
- Sport
- BBC News
West Indies secure ODI series draw against Ireland
Third one-day international, ClontarfWest Indies 385-7 (50 overs): Carty 170, Hope 75; B McCarthy 3-100Ireland 165-8 (29.5 overs): Carmichael 48, Tucker 29; Seales 3-26West Indies win by 197 runs (DLS method); Series drawn 1-1Scorecard Keacy Carty scored a second consecutive century in a commanding West Indies victory over Ireland that earned a draw in the one-day international series at won the opening match of the series by 124 runs on Wednesday, but Friday's second meeting ended without a result after a two-hour rain Sunday's third game, Carty again led the way for the visitors with his unbeaten 170 part of an imposing total of 385, although Ireland's revised target was set at 363 due to a reduction of overs after rain. With bowlers Jordan Neill and Josh Little unable to bat after injuries sustained during the West Indies' innings, Ireland lost eight wickets for 165 and were beaten by 197 runs under the Duckworth-Lewis method. After Ireland won the toss, skipper Paul Stirling put West Indies in to bat despite their tally of 352 on Brandon King was caught leg before wicket by Barry McCarthy for just one, but that brought Carty to the crease who produced his second century of the series and bettered his previous best ODI tally of 128 set against England in bowling corps was depleted by injuries both before and during the series, and Carty feasted on a tiring 28-year-old survived a few scares on his way to the huge tally, most notably when on 150 he was bowled by Liam McCarthy only for the delivery to be deemed a was eventually out for 170 when, off the bowling of Liam McCarthy, he was caught by George Dockrell who had previously gathered one deep drive but carried across the rope for a Carty ably supported by captain Shai Hope, who scored 75 off 75 balls, and a maiden international half-century from Justin Greaves, West Indies' 385 was the largest ODI tally ever scored at Clontarf. While Stirling's 26 contained three fours and two sixes, when set such an imposing target, Ireland's response was never at the pace Carmichael, who made his international debut in the series, top-scored for the hosts with his 48 coming off 63 up for West Indies will be three one-day international and three T20s against England which begin on Thursday at Edgbaston to start Harry Brook's white-ball captaincy for the Indies will return to Ireland for three T20 internationals to be played at Bready next month.
Int'l Cricket Council
24-05-2025
- Sport
- Int'l Cricket Council
Forde equals AB de Villiers' feat in Dublin
It rained fours and sixes during Forde's magical knock as well, even as the batter smashed 58 runs during his 19 ball stay at the wicket. Arriving at 43.1 over mark, Forde slammed Barry McCarthy out of the park off his very second ball. In the following over, Josh Little bore the brunt of Forde's sensational hitting, who hit dispatched the pacer for four sixes. After going after Thomas Maye, Forde was on 42 off 13, within touching distance of beating De Villiers record. However, he missed a ramp against McCarthy off the first ball of the next over, though back-to-back sixes subsequently allowed Forde to equal the South African. West Indies posted a confident total of 352/8, however, rain had the final say as the second innings couldn't be played. Ireland lead the series 1-0 after a stellar win in the first ODI. The series decider will be played on 25th May.
