Luxury watch store robbed in French resort of Cannes

The BBC's Hugh Schofield: "There are red faces all around"

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Armed men have robbed a luxury watch store in Cannes, days after gems worth 103m euros ($136m; £89m) were stolen from a hotel in the French resort.

Two robbers threatened staff with a grenade and a gun before escaping with about 40 watches, AFP news agency reports.

The value of the items stolen on Wednesday is not yet known.

Sunday's robbery at the nearby Carlton hotel was one of the biggest gem thefts in recent European history.

The new robbery targeted a Kronometry store, opposite the town's Palais des Festivals et des Congres building, which hosts the annual film festival.

Second robbery

A man in a hat and sun glasses, who looked like a tourist, walked into the store with a grenade before bringing in his accomplice, who had a gun, the commercial broadcaster RTL reports.

No shots were fired during the robbery, which occurred when three members of staff were in the store.

A police photographer takes pictures of the store robbed in Cannes, 31 July The store was also robbed earlier this year

The same Kronometry store was robbed of watches worth 1m euros in February.

On Sunday, a lone robber broke through French doors at the Carlton hotel, wearing a mask and carrying a hand gun.

He helped himself to diamond-encrusted watches, necklaces and earrings from an exhibition being held on the ground floor of the hotel, before fleeing on foot.

The Carlton was previously robbed in August 1994, when gunmen burst into its jewellery store just as it was closing and made off with jewels then valued at 58m euros.

The French Riviera resort is a magnet for celebrities, and in May two jewellery thefts hit the film festival itself.

A necklace by Swiss jeweller De Grisogono, reportedly worth 1.9m euros, vanished after a celebrity party at a five-star hotel in the resort town of Cap d'Antibes.

A week before, more than 777,000 euros worth of jewels were taken from the hotel room of an employee of exclusive Swiss jewellers Chopard.

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