Robbers Steal €10 Million Worth of Jewels From Bulgari Place Vendome Store

The Bulgari retailer in Place Vendome in Paris. Shutterstock.

Armed robbers struck a Bulgari retailer on the opulent Place Vendome in Paris and snatched jewelry value 10 million euros ($11.84 million) on Tuesday, police within the French capital mentioned.

Three people, sporting sharp fits and armed with weapons, robbed the not too long ago revamped boutique on the sq. in central Paris, the place the Ritz resort is positioned, shortly earlier than noon.

The three fled in a automotive whereas 4 accomplices took flight on scooters. Compelled to desert their car, the trio fled on foot earlier than two had been arrested by the chasing police.

A consultant of Bulgari, which is owned by Bernard Arnault’s LVMH, couldn’t remark instantly.

Jewelry shops in Paris have suffered a spate of armed robberies in latest months. Crime and safety are more likely to characteristic closely amongst voters’ important considerations within the 2022 presidential election.

“It’s not the primary time Place Vendome is focused,” an officer on the scene who recognized herself as Noura B. informed reporters. “(However) these weren’t (simply) pistols they had been armed with. Utilizing giant weapons, taking that type of threat … is one thing that occurs hardly ever.”

In July, a Chaumet jewelry retailer close to the Champs-Elysees was hit with virtually 2 million euros ($2.4 million) value of products stolen, though the loot was later recovered and the suspects arrested.

That very same month, robbers additionally struck a Dinh Van jewelry retailer in central Paris.

The thieves who focused the Bulgari outlet deserted a few of their loot as they made their getaway.

One of many detained suspects was shot within the leg earlier than being apprehended. The second was hunted down in a carpark a brief distance away.

The Bulgari retailer not too long ago underwent in depth renovations, during which it was expanded to have a gap on Place Vendome, and outfitted with marble columns evoking its Rome origins.

The historic Place Vendome is thought to be the guts of French luxurious. Labels together with Chanel, Kering-owned Boucheron and Richemont’s Van Cleef & Arpels have invested significantly of their prestigious flagships lining the sq..

By Sudip Kar-Gupta, Tangi Salaun, Mimosa Spencer and Manuel Ausloos; Writing by Richard Lough; Modifying by Mark Heinrich.

Be taught extra:

Luxury Retail’s War with Organised Crime

The variety of smash-and-grab thefts within the style and luxurious trade is rising. How can retailers shield themselves? | Robbers Steal €10 Million Price of Jewels From Bulgari Place Vendome Retailer


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