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

Set in a Tiffany & Co. necklace, it sold for $4.2 million, the highest price and price per carat paid for a Paraíba tourmaline at auction.

The jeweler’s “Deep Freeze” display showcases its iconic jewelry designs frozen in a vintage icebox.

Take luxury gifting to new heights this holiday season with the jeweler’s showstopping 12-carat sphene ring.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

This year's theme is “Unveiling the Depths of the Ocean.”


In its annual report, Pinterest noted an increase in searches for brooches, heirloom jewelry, and ‘80s luxury.

Starting Jan. 1, customers can request the service for opal, peridot, and demantoid garnet.

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

The 111-year-old retailer celebrated the opening of its new location in Salem, New Hampshire, which is its third store in the state.

The new catalog features its most popular chains as well as new styles.

The filmmaker’s personal F.P. Journe “FFC” prototype was the star of Phillips’ recent record-setting watch auction in New York.

The new location in the Design District pays homage to Miami’s Art Deco heritage and its connection to the ocean.

Inflations, tariffs, and politics—including the government shutdown—were among consumers’ top concerns last month.

“Longtime favorite” presenters, as well as first-time speakers, will lead talks and workshops at the annual event in Tucson next year.

Silas Smith of Meridian Metalworks won the challenge with his pendant that blends Australian and American landscapes.

The sale of the 31.68-carat, sunset-hued stone was part of Sotheby’s first series of events and auctions in Abu Dhabi.

Most customers who walk into your store this month have made up their minds. Your job is to validate their choice, Emmanuel Raheb writes.

The collection features characters and motifs from Ukrainian folklore, including an enchanted mirror and a magic egg.

MatrixGold 3.11, the newest version of the jewelry design program, offers more flexibility, precision, and creative control.

The pavilion will be part of the 2026 JA New York Spring show, scheduled for March 15 to 17.

Kadet, a 1994 National Jeweler Retailer Hall of Fame inductee, helped grow the family-owned retailer in the Chicago area and beyond.

Billed as the world’s smallest wearable, Lumia Health’s new smart earrings have a health tracker subtly embedded in the back.

Don’t let those with December birthdays feel blue. Help them celebrate their month with blue zircon, turquoise, and tanzanite.

The new pink sapphire version of the piece dances with its wearer in the brand’s “Icons After Dark” holiday campaign.

A choice that’s generated a lot of commentary, Pantone says “Cloud Dancer” marks a fresh start and encourages relaxation and creativity.

The manufacturer’s holiday campaign features a gift guide filled with trending designs and jewelry that can be personalized.

The Florida independent expanded its store from 8,000 to 14,000 square feet, fulfilling the vision of its late co-founder, Jim Dunn.






















