The Piaget Possession collection is famed for its marriage of gold with diamonds but the maison has chosen to break the 25 year-old trend by unveiling a colourful new line-up for this season. Infusing five ornamental stones – turquoise, malachite, lapis lazuli, onyx, carnelian – the new collection is a treasure chest of vivid colours, from intense black and vibrant red to bright green and deep blue. One of the key pieces is a long-chained necklace with a pendant that's created from a diamond-studded Possession ring wrapped around a coloured gem. It's a must-see.

Discover the new Piaget Possession collection now...

Along with the new collection, Piaget has also shared a sneak peek into its new campaign starring Olivia Palermo (pictured above), the second collaboration between the pair. The full campaign, which will be released on April 3, will feature six short films that will reflect the individual identities of the gamut of colours in the collection. "Colour is very much something I enjoy in life. I love that it was incorporated in the new collection," said Palermo.  "I think within the collection you see the different ways women can wear the Possession pieces and how it gives them confidence."

Also, read about Piaget's new partnership with Net-a-Porter.