Newsdeck

LUXURY GOODS RAID

Armed robbers escape with millions worth of jewellery from Piaget store in Paris

The Piaget company sign in New York, US, 19 November 2013. (Photo: EPA / JASON SZENES)

Armed robbers raided a store of the luxury Swiss watch brand Piaget in central Paris on Tuesday, escaping with between €10-million and €15-million worth of jewellery, the Paris prosecutors office said.

The robbery took place around lunchtime at the store on the Rue de la Paix in the upscale Place Vendôme area, home to several jewellers, watchmakers and luxury brands. The area has seen a spate of armed robberies in recent years.

An investigation is now underway and a source close to the matter said police were looking for three suspects.

In May last year, armed thieves robbed a Chanel watch and jewellery store in the area and then sped off on motorbikes. Bulgari and Chaumet stores have also been robbed in recent years.

Piaget is part of Swiss luxury goods group Richemont.

(Reporting by Augustin Turpin; Editing by GV De Clercq and Angus MacSwan.)

Gallery

Comments - Please in order to comment.

Please peer review 3 community comments before your comment can be posted

We would like our readers to start paying for Daily Maverick...

…but we are not going to force you to. Over 10 million users come to us each month for the news. We have not put it behind a paywall because the truth should not be a luxury.

Instead we ask our readers who can afford to contribute, even a small amount each month, to do so.

If you appreciate it and want to see us keep going then please consider contributing whatever you can.

Support Daily Maverick→
Payment options

Daily Maverick Elections Toolbox

Feeling powerless in politics?

Equip yourself with the tools you need for an informed decision this election. Get the Elections Toolbox with shareable party manifesto guide.