Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Mar 18, 2021

Adidas, Peloton Form Partnership to Tap Pandemic Fitness Demand

Adidas AG and Peloton Interactive Inc. are teaming up to create a co-branded apparel collection, seeking to tap demand for athletic gear as people look to stay active at home during the pandemic.

The German sportswear maker and the New York-based at-home fitness platform said the “Adidas x Peloton SS21 collection” marks the start of a collaboration between the brands. Items will be available starting March 25 on the companies' websites and in select stores and showrooms, with prices ranging from $30 to $85, they said in a statement Thursday.

Peloton has become synonymous with the pandemic era, attracting a legion of fans with its technology-infused stationary bikes and treadmills. Peloton fitness instructors Robin Arzón, Ally Love and Cody Rigsby were involved in the design process for the 11-piece collection, which will feature neon hues, text graphics and “nods to a ‘90s attitude,” according to the statement.

Read more: Peloton Basks in Celebrity Love While at Bottom of Nasdaq 100

Adidas said earlier this month that it's targeting sales growth of as much as 10% annually through 2025 as it focuses more on e-commerce and sustainable materials.

©2021 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search