Professional thieves targeted luxury brands Chanel and Bulgari just hours apart on Monday.
At approximately 5.15am, a gang staged an audacious raid on the Chanel boutique on Avenue Montaigne in Paris, driving an SUV through the front window. While Chanel has yet to disclose the extent of its losses, reports estimate losses range from €6 million to €10 million ($6.45 million to $10.75 million).
Before fleeing in a second vehicle, the four suspects set the first alight, although firefighters were able to bring the blaze under control. No one was hurt in the raid and the store is closed until further notice as police investigate.
On the same day in Rome a gang of thieves broke into the Bulgari store on Via Condotti, making off with jewellery and watches estimated to be worth €500,000.
The gang appear to have used the city's sewers to access a utility room underneath the store. As the Bulgari flagship, the Via Condotti outlet is known for its distinctive tiled floor, which the thieves smashed their way through.
According to the German Press Agency, despite triggering the alarm, the thieves fled the way they came before police arrived. The store is closed until further notice.
These are just the latest raids on big-name brands. On the same street as the Chanel burglary, jeweller Harry Winston was robbed on May 19 this year, when three suspects drove a motorbike into the store and brandished a firearm before making off with jewellery and watches thought to be worth several million euros.
It is not just stores that are targeted, either. In 2016, Kim Kardashian, who was pregnant at the time, was bound and left in the bath by armed raiders who forced the handcuffed concierge to open the door to her apartment. The gang of five made off with jewellery worth $10 million.
In September, meanwhile, French fashion house Balmain had its collection stolen ahead of Paris Fashion Week, forcing creative director Olivier Rousteing and his team to create an entirely new collection in just two weeks.
With leather bags, jewellery and watches selling for substantial sums – a large 2.55 Chanel flap bag, for example, has a ticket price of more than Dh46,000 – high-end brands are a prime target for those looking for a high-value haul. While brands continue to invest in greater security, such as double-door entry systems, reinforced walls and state-of-the-art camera surveillance, the value of goods means they remain vulnerable to attack.
However, continuing raids on jewellery houses and high-end boutiques are changing how cities look. A spate of car attacks on jewellery stores in Place Vendome in Paris, for example, resulted in bollards being positioned across the pavement to block vehicles getting close to the boutiques, while Bond Street in London has pedestrian-only stretches, with the narrow road further tightened to exclude large cars and vans in a bid to keep luxury stores safe.
RESULTS
6.30pm UAE 1000 Guineas Trial Conditions (TB) US$100,000 (Dirt) 1,400m
Winner Final Song, Christophe Soumillon (jockey), Saeed bin Suroor (trainer).
7.05pm Handicap (TB) $135,000 (Turf) 1,000m
Winner Almanaara, Dane O’Neill, Doug Watson.
7.40pm Handicap (TB) $175,000 (D) 1,900m
Winner Grand Argentier, Brett Doyle, Doug Watson.
8.15pm Meydan Challenge Listed Handicap (TB) $175,000 (T) 1,400m
Winner Major Partnership, Patrick Cosgrave, Saeed bin Suroor.
8.50pm Dubai Stakes Group 3 (TB) $200,000 (D) 1,200m
Winner Gladiator King, Mickael Barzalona, Satish Seemar.
9.25pm Dubai Racing Club Classic Listed Handicap (TB) $175,000 (T) 2,410m
Winner Universal Order, Richard Mullen, David Simcock.
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The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
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GOLF’S RAHMBO
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Closing the loophole on sugary drinks
As The National reported last year, non-fizzy sugared drinks were not covered when the original tax was introduced in 2017. Sports drinks sold in supermarkets were found to contain, on average, 20 grams of sugar per 500ml bottle.
The non-fizzy drink AriZona Iced Tea contains 65 grams of sugar – about 16 teaspoons – per 680ml can. The average can costs about Dh6, which would rise to Dh9.
Drinks such as Starbucks Bottled Mocha Frappuccino contain 31g of sugar in 270ml, while Nescafe Mocha in a can contains 15.6g of sugar in a 240ml can.
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- Golden circle - Dh995
- Floor Standing - Dh495
- Lower Bowl Platinum - Dh95
- Lower Bowl premium - Dh795
- Lower Bowl Plus - Dh695
- Lower Bowl Standard- Dh595
- Upper Bowl Premium - Dh395
- Upper Bowl standard - Dh295
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Analysis
Maros Sefcovic is juggling multiple international trade agreement files, but his message was clear when he spoke to The National on Wednesday.
The EU-UAE bilateral trade deal will be finalised soon, he said. It is in everyone’s interests to do so. Both sides want to move quickly and are in alignment. He said the UAE is a very important partner for the EU. It’s full speed ahead - and with some lofty ambitions - on the road to a free trade agreement.
We also talked about US-EU tariffs. He answered that both sides need to talk more and more often, but he is prepared to defend Europe's position and said diplomacy should be a guiding principle through the current moment.
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Picture of Joumblatt and Hariri breaking bread sets Twitter alight
Mr Joumblatt’s pessimism regarding the Lebanese political situation didn’t stop him from enjoying a cheerful dinner on Tuesday with several politicians including Mr Hariri.
Caretaker Culture Minister Ghattas Khoury tweeted a picture of the group sitting around a table at a discrete fish restaurant in Beirut’s upscale Sodeco area.
Mr Joumblatt told The National that the fish served at Kelly’s Fish lounge had been very good.
“They really enjoyed their time”, remembers the restaurant owner. “Mr Hariri was taking selfies with everybody”.
Mr Hariri and Mr Joumblatt often have dinner together to discuss recent political developments.
Mr Joumblatt was a close ally of Mr Hariri’s assassinated father, former prime minister Rafik Hariri. The pair were leading figures in the political grouping against the 15-year Syrian occupation of Lebanon that ended after mass protests in 2005 in the wake of Rafik Hariri’s murder. After the younger Hariri took over his father’s mantle in 2004, the relationship with Mr Joumblatt endured.
However, the pair have not always been so close. In the run-up to the election last year, Messrs Hariri and Joumblatt went months without speaking over an argument regarding the new proportional electoral law to be used for the first time. Mr Joumblatt worried that a proportional system, which Mr Hariri backed, would see the influence of his small sect diminished.
With so much of Lebanese politics agreed in late-night meetings behind closed doors, the media and pundits put significant weight on how regularly, where and with who senior politicians meet.
In the picture, alongside Messrs Khoury and Hariri were Mr Joumbatt and his wife Nora, PSP politician Wael Abou Faour and Egyptian ambassador to Lebanon Nazih el Nagari.
The picture of the dinner led to a flurry of excitement on Twitter that it signified an imminent government formation. “God willing, white smoke will rise soon and Walid Beik [a nickname for Walid Joumblatt] will accept to give up the minister of industry”, one user replied to the tweet. “Blessings to you…We would like you to form a cabinet”, wrote another.
The next few days will be crucial in determining whether these wishes come true.
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UAE squad: Rohan Mustafa (captain), Shaiman Anwar, Ghulam Shabber, Mohammed Qasim, Rameez Shahzad, Mohammed Usman, Adnan Mufti, Chirag Suri, Ahmed Raza, Imran Haider, Mohammed Naveed, Amjad Javed, Zahoor Khan, Qadeer Ahmed
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Monday, 1st 50-over match
Wednesday, 2nd 50-over match
Thursday, 3rd 50-over match
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