A necklace worth a staggering 1.9M euros has been stolen from an exclusive French Riviera hotel, in the second such jewellery heist during this year's Cannes Film Festival.
The expensive piece was stolen after a celebrity party at the Hotel du Cap-Eden-Roc in the resort town of Cap d'Antibes on Tuesday night, the BBC reported.
Swiss jeweller De Grisogono said in a statement that the theft occurred despite "large security measures", which included 80 security guards.
"It is actually the first time it has happened in our 20-year history," the company said in a statement.
The high-profile event, which celebrated the jeweller house's 20th anniversary, was attended by international movie stars like Sharon Stone and Ornella Muti.
Last Friday, thieves stole jewels by Swiss jewellers Chopard from the Novotel hotel.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app