Luxury bags stolen in ram raid at Fendi store in Sydney CBD

Thieves have smashed their way into a luxury fashion store in Sydney’s CBD, making off with a swag of high-end items.

Thieves have smashed their way into a luxury fashion store in Sydney’s CBD in a ram raid.

An SUV was reported driving into the window of the Fendi store at the intersection of Elizabeth St and Market ST at about 3.45am on Wednesday.

Luxury handbags were stolen in the ram raid. Photo: NewsWire/ Gaye Gerard

Police say the thieves made off with luxury handbags, fleeing the scene in a white BMW wagon (NSW registration NCA59A) and a grey Audi S3 (registration DMR81V).

Significant damage has been done to the store’s shopfront, with shattered glass strewn across the area now cordoned off by police.

The luxury store was targeted at about 3.45am on Wednesday. Photo: NewsWire/ Gaye Gerard

Police are still working to determine what exactly was stolen. Photo: NewsWire/ Gaye Gerard

The SUV – which remains at the scene of the alleged raid – had been reported stolen from Waterloo early Tuesday.

“Checks have now confirmed the two vehicles driven from the scene were stolen during a break-in at a home in Kingsford overnight,” a police statement read.

Police have established a crime scene, and are working to determine how many people were involved and the number of bags stolen in the ram raid.

Anyone with information about the incident is urged to contact Crime Stoppers on 1800 333 000.

Originally published as Luxury bags stolen in ram raid at Fendi store in Sydney CBD