LONDON — The Gucci flagship store on Sloane Street in London was open for trading on Thursday after it was the victim of a ram-raid shortly before 10 p.m. GMT on Wednesday night.

According to the Metropolitan Police, the thieves used a stolen black Mercedes to reverse into the store, smashing the doors. It is believed that three assailants stole a number of handbags before making off in a waiting blue Audi.

Police said that no arrests have been made and that they were still waiting on confirmation from the brand on the exact number and value of goods stolen. However, it is known that the thieves entered through the handbag department and, given the area’s wealthy clientele, the shop is thought to have stocked several one-off handbags, made from exotic skins like crocodile or ostrich, that would have retailed for about 20,000 pounds (about $30,200).

Gucci has not released a formal statement but a representative said that they collaborating with local authorities to identify the perpetrators.

Crime gangs have targeted high-end designer stores on the prestigious street a number of times in recent years. Most recently, the Roger Vivier shop on Sloane Street was attacked in June 2012, while the Fendi boutique was raided in 2008. There have also been incidents of ram-raiding on Bond Street, at the Anya Hindmarch, Chanel and Dolce & Gabbana boutiques.