Armed robbers escape with up to €15m in jewellery from Piaget store in Paris

Investigation under way after theft at Swiss luxury watch shop on Rue de la Paix in high-end Place Vendome area

Armed robbers have raided a store of the luxury Swiss watch brand Piaget in central Paris, escaping with between 10m to 15m ( 8.5m to 12.8m) worth of jewellery, the Paris prosecutors office said.

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