Model Cindy Crawford poses on the red carpet as she arrives for the screening of the film 'The Great Gatsby' and for the opening ceremony of the 66th Cannes Film Festival in Cannes
Model Cindy Crawford poses on the red carpet as she arrives for the screening of the film 'The Great Gatsby' and for the opening ceremony of the 66th Cannes Film Festival in Cannes

This year's Cannes Film Festival has been hit by a second jewellery theft, after a £1.7m necklace was stolen from a celebrity party.

The latest incident took place in an exclusive chateau called the Hotel du Cap-Eden-Roc in Cap d'Antibes, where Hollywood diva Sharon Stone and socialite Paris Hilton were among the guests.

The stolen piece was a creation by Swiss jeweller De Grisogono, which hosted the party from which it was stolen.

"What happened is not clear yet. The police are trying to do an investigation. We had 80 security people hired directly from De Grisogono and we have no idea, clear idea, so far of what happened," said Fawaz Gruosi, the founder of the De Grisogono jewellery house.

Just last week £660,000 worth of jewels were stolen from the hotel room housing an employee of another jewellery firm, Chopard. According to local reports, the safe used to store the jewels was ripped from the wall of the Novotel hotel room, in what appeared a well-planned robbery.

Chopard loans jewellery to celebrities, with the likes of Nicole Kidman and Cindy Crawford sporting their creations at Cannes this year. The company also manufactures the gold Palme d'Or trophy, awarded each year to the festival's best film.