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Armaguard’s cash deal with the banks | General Pants shuts 25% of stores | Peloton’s AI spin

Cash will remain alive in Australia after Australia’s biggest banks and retailers struck a deal to keep Armaguard delivering the goods.

General Pants has shut more than a dozen stores in the past year as it struggles to compete in the youth fashion market.

Peloton is pedalling hard into AI with a major product revamp, hoping to win back customers and shed its “just a bike” label.

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