Thieves Steal More Than €6 Million EUR Worth of Goods from Chanel's Avenue Montaigne Boutique

The ram raid, which involved four suspects, took place in the early morning hours on Monday.

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At approximately 5:15 a.m. in Paris on Monday morning, Chanel’s Avenue Montaigne boutique was robbed of luxury goods estimated to be worth between €6 million EUR and €10 million EUR, according to WWD.

Four individuals reportedly drove a car directly into the front of the store, smashing its windows to break entry. After acquiring the brand’s high-priced items, the suspects then lit the vehicle on fire and escaped in a second car. “The individuals used a first vehicle to enter the establishment by breaking the window before fleeing in a second vehicle, taking goods from the store,” per AFP’s police source.

“We confirm that a ram-raid occurred in the Chanel boutique, located at 42 Avenue Montaigne in Paris, during the night of June 9 to 10, 2024. Fortunately, no employees were injured,” a spokesperson for Chanel told WWD. “A police investigation has been opened and we are working closely with the police to assist them in their inquiries.”

Chanel has closed the store until further notice. “The amount of the loss is unknown at this stage. The shop will remain closed for a few days while the damage is repaired,” the company’s spokesperson added.

Investigations surrounding the theft are still ongoing. The robbery marks the second to occur on Avenue Montaigne, following a similar incident at Harry Winston’s store on May 19.

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