Theft risks to Paris luxury bags
France experienced a wave of disturbances that led to the looting of luxury fashion stores in Paris and other cities, where masked groups stormed outlets such as Louis Vuitton, Hermès, Dior, and Celine, resulting in the destruction of storefronts and the theft of products valued at approximately 4.25 million euros. Following these events, stolen handbags and cosmetics were offered for sale at heavily discounted prices of up to 90% on second-hand platforms like Vestiaire, amidst a haze of uncertainty regarding the origins of these items. In Milan, protests led to confrontations, damage, and the vandalism of shops, prompting tighter security measures, a decline in confidence toward luxury shopping, and disruptions to business activities.
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