Police Investigating Multimillion-Dollar Heist at Piaget Paris
Two men and a woman made off with an estimated $11 million to $16.5 million worth of jewels, said authorities.
On the afternoon of Aug. 1, two men in suits and a woman in a dress entered the store on Rue de la Paix next to the Place Vendôme, according to a translated version of an article from French news site Le Parisien.
The thieves had a handgun with a silencer, a police source told the newspaper, and threatened the staff, forcing everyone onto the ground at the back of the store.
One employee was forced at gunpoint to open the locked jewelry display cases and the safe, according to reports.
After grabbing the jewels, the trio fled on foot and have not yet been apprehended. There were no reported injuries.
The stolen jewels have an estimated worth of between €10 million and €15 million ($11 million to $16.5 million), police said.
An official investigation was underway to find the suspects who carried out an armed robbery at a Piaget store in central Paris https://t.co/zhWYPFn0f0 pic.twitter.com/TgOXURNkhp
— Reuters (@Reuters) August 2, 2023
The Richemont-owned jewelry brand, founded in 1874, is notable for its high-end watches and jewelry.
Richemont did not respond to a request for comment on the incident.
The Paris prosecutor’s office has opened an investigation into the crime, which will be handled by the Brigade de Répression du Banditisme (the banditry repression brigade), which specializes in jewelry store robberies.
In May, the nearby Bulgari store on Place Vendôme was also the target of an afternoon robbery at the hands of three armed robbers.
The Latest
PGI partnered with four new and seven returning designers for its annual platinum capsule collection.
Nicolosi, president and CEO of The Kingswood Company, previously sat on WJA’s board from 2011 to 2018.
Karina Brez’s race-ready piece is a sophisticated nod to the horse-rider relationship.
Meet Ben Claus—grand prize winner of For the Love of Jewelers 2023 Fall Design Challenge.
“Horizon” invites individuals to explore the limitless possibilities that lie ahead, said the brand.
The jeweler credits its recent “Be Love” campaign and ongoing brand revamp for its 17 percent jump in sales.
The co-founder of Lewis Jewelers was also the longtime mayor of the city of Moore.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
Elvis Presley gifted this circa 1967 gold and diamond watch to Dodie Marshall, his co-star in “Easy Come, Easy Go.”
Concerns about rising prices, politics, and global conflicts continue to dampen consumer outlook.
May’s birthstone is beloved for its rich green hue and its versatility.
Jacqui Larsson joins Opsydia with nearly two decades of experience in the industry.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The “Tiffany Céleste” collection reimagines designer Jean Schlumberger’s interpretations of the universe.
The brand also created a 100-carat lab-grown diamond necklace in honor of its centennial.
Tim Schlick has been promoted from his previous position as COO.
It’s the second year for the event, slated to take place in October in Toronto.
Supplier Spotlight Sponsored by GIA
Sales will be paused while the relocation takes place over the next few months.
“SIS x MISA Denim and Diamonds” is a collaboration between the designer and celebrity stylist Misa Hylton.
The retailer is moving to a newly designed space in the same shopping center.
Gifts that are unique and thoughtful are top of mind this year, according to the annual survey.
The necklace is featured in the brand’s “Rebel Heart” campaign starring Adam Levine and Behati Prinsloo.
The two organizations will host a joint event, “Converge,” in September 2025.
Big changes appear to be on the horizon for the diamond miner and its parent company, Anglo American.
Padis succeeds Lisa Bridge, marking the first time the organization has had two women board presidents in a row.