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