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Louis Vuitton Ipanema Store Robbed of $140,000 in Handbags Days After Rio Cruise 2017 Show

Thieves stole over $140,000 in Louis Vuitton handbags from the Ipanema store just two days after the brand's Cruise 2017 show in Rio de Janeiro.

Louis Vuitton Ipanema Store Robbed of $140,000 in Handbags Days After Rio Cruise 2017 Show cover image

A Daring Heist in Rio’s Luxury Shopping District

Reference image illustrating Louis Vuitton Ipanema Store Robbed of $140,000 in Handbags Days After Rio Cruise 2017 Show

Just days after Louis Vuitton unveiled its expansive Cruise 2017 collection in Rio de Janeiro, the French fashion house faced an unexpected setback. Just days after Louis Vuitton unveiled its Cruise 2017 collection in Rio de Janeiro, the brand faced an unexpected setback in one of the city’s most upscale shopping areas.

Reference image illustrating Louis Vuitton Ipanema Store Robbed of $140,000 in Handbags Days After Rio Cruise 2017 Show

What Was Taken from the Louis Vuitton Boutique?

Reference image illustrating Louis Vuitton Ipanema Store Robbed of $140,000 in Handbags Days After Rio Cruise 2017 Show

According to reports, the stolen merchandise consisted exclusively of handbags valued at over $140,000. In the early hours of a Tuesday morning, thieves targeted the Ipanema boutique and escaped with a significant number of handbags. To put that figure in perspective, it equates to roughly 36 of the brand’s popular City Steamer bags, which retail for $3,850 in the medium smooth leather size.

Reference image illustrating Louis Vuitton Ipanema Store Robbed of $140,000 in Handbags Days After Rio Cruise 2017 Show

The Timing of the Robbery

No other product categories were mentioned in connection with the incident. Brazilian authorities did not specify exactly which bags were taken, but the brand had released several Cruise 2017 styles for immediate purchase following the Saturday show. The figure underscores how quickly a focused theft can translate into a major loss for a luxury retailer.

A Warning for Bargain Hunters

Fashion journalist Vanessa Friedman of the New York Times speculated that the timing of the robbery was no coincidence. The burglary took place only two days after Louis Vuitton’s Cruise 2017 show in Rio. If you come across Louis Vuitton handbags listed by Brazilian sellers at prices that seem too good to be true, exercise extreme caution.

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