Graff Burgled: $65 Million Stolen

We're just saying: If we, say, were the purveyors of a luxury boutique with a shop in London or Paris, here's what we're doing - closing up shop for awhile! What the heck is going on in those towns? Graff's New Bond Street location was raided on Thursday with $65 million worth of jewels seized in a heist that goes down in Britain's record books. The armed robbers made off with 43 items of jewelry including rings, bracelets, necklaces and watches before firing a shot on the street (no one was injured) and jumping into a getaway car.

This is only the latest in a series of jewelry heists across Europe, following in the wake of Cartier (July), Chopard (May) and Harry Winston (December), not to mention the slate of luxury robberies by the "Pink Panthers" a group of luxury burglers that have plagued London since 2003.

[WWD]