Turnover of Grenardi Group in Q1 2026

The total retail turnover of AS Grenardi Group in Q1 2026 amounted to EUR 7.38 million (including VAT) and was 11.7% higher than in the same period of 2025.

The retail turnover distribution in Q1 2026 was as follows: Latvia - 68.3%, Estonia - 17.3%, Lithuania - 13.2% and Czech Republic - 1.1%. Retail turnover in stores accounted for 93.0% of total Grenardi Group retail turnover, while e-commerce contributed the remaining 7.0%.

In the first quarter of 2026, Grenardi Group opened three new GIVEN stores in Lithuania - Vilnius Outlet Molas, Panevėžys and PC Pikas, while closing two stores - the Grenardi store in Latvia at the Sky&More shopping centre and one GOLDLIGHT store at the Galerija Centrs shopping centre.

Par Grenardi Group

AS Grenardi Group is the parent company of jewellery retail chains GIVEN, GRENARDI and GOLDLIGHT, as well as GOLDWORK, a provider of jewellery repair services. As of March 31, 2026, AS Grenardi Group operates a total of 90 stores - of which 74 are GIVEN chain stores, 7 GRENARDI chain stores and 9 GOLDLIGHT chain stores. Additionally, the Group has seven online stores: www.given.lv, www.given.ee, www.given.lt, www.grenardi.lv, www.grenardi.ee, www.grenardi.cz and www.goldlight.lv.

GIVEN is a jewellery brand that stands for joy, beauty, love, creativity, and sustainability by expressing this in its jewellery - through design, unique collections of brands, and carefully considered details, making the valuable accessible.

GRENARDI has been the leading luxury jewellery retail chain in Latvia and Estonia for more than 25 years, and in 2025 entered the Czech market by opening two jewellery salons on Prague's main shopping street. GRENARDI offers an extensive assortment of world-renowned luxury jewellery brands and sophisticated private collections.

GOLDLIGHT is a well-known jewellery retail chain in Latvia offering its customers a wide assortment of gold, silver and diamond jewellery, as well as brands such as Nomination, Ti Sento, Mirco Visconti and others.