The cycling brand’s efforts to compete with a rival left it vulnerable when the pandemic hit.

Peloton has announced that it will allow those who use Flywheel indoor bikes to trade-in their bikes for a Peloton indoor bike after Flywheel will end servicing its in-home bikes in the coming months.

Flywheel Sports customers may be eligible to trade in their indoor bike for a refurbished Peloton bike, following a lawsuit that was initiated by Peloton over patent infringement. The trade-in is free ...