The total retail turnover of AS Grenardi Group in Q3 2025 amounted to EUR 8.38 million (including VAT) and was by 20% higher than in the same period of 2025 (GOLDLIGHT chain turnover for 2024 Q3 not included).
The retail turnover distribution in Q3 2025 was as follows: Latvia – 73%, Estonia – 15% and Lithuania – 12%. Retail turnover in stores accounted for 93% from total Grenardi Group retail turnover, while e-commerce contributed the remaining 7%.
During Q3 2025 Grenardi Group opened a new GIVEN store at Outlet Park in Vilnius and relocated two existing GIVEN stores in Latvia to new premises — in the SĀGA shopping mall in Riga and the Dauga shopping mall in Ogre.
About Grenardi Group AS
AS Grenardi Group is the parent company of GIVEN and GRENARDI in the Baltics, as well as GOLDLIGHT in Latvia. As of September 30, 2025, AS Grenardi Group operates a total of 86 stores – of which 70 GIVEN chain stores, 6 GRENARDI chain stores and 10 GOLDLIGHT chain stores. Additionally, the Group has six online stores: www.given.lv, www.given.ee, www.given.lt, www.grenardi.lv, www.grenardi.ee 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 20 years. GRENARDI offers an extensive assortment of world-renowned luxury jewellery brands and sophisticated private collections.
GOLDLIGHT is a well-known jewellery retailer in Riga, 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.