The Covid-19 pandemic continues to hammer South America, sending Brazil’s largest sporting goods retailer into the red in Q3, with a loss of BRL 33,251,000 ($6.2 mm) against a profit of BRL 38,413,000 on 7% lower revenues of BRL 724,281,000 ($134.1 mm) down from BRL 777,335,000. Brick-and-mortar sales plunged 30% to BRL 453.3 million including a -25.6% comp, but e-commerce was a bright spot, more than doubling to BRL 271.0 million. Centauro’s mobile app accounted for 52% of digital platform sales, double its penetration ... Log in to view full article.