Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Original Birkin bag unveiled in Japan after record $10 million purchase
    Headlines

    Original Birkin bag unveiled in Japan after record $10 million purchase

    Published by Global Banking & Finance Review®

    Posted on November 12, 2025

    2 min read

    Last updated: January 21, 2026

    The image depicts the logo of Norway's Sovereign Fund, which plans to divest from Israeli companies due to the ongoing humanitarian crisis in Gaza. This decision reflects ethical investment practices and highlights the fund's significant influence in global finance.
    Norway's sovereign fund logo reflecting divestment from Israeli stocks amid Gaza conflict - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:auctioncharitable projectsinvestment

    Quick Summary

    The original Birkin bag, bought for $10 million, was unveiled in Tokyo. Valuence Japan plans to display it in museums, emphasizing its historical significance.

    Table of Contents

    • The Iconic Birkin Bag's Journey
    • Inception of the Birkin Bag
    • Valuence Japan's Acquisition
    • Future Plans for the Bag
    • Charitable History of the Bag

    Historic Birkin Bag Debuts in Japan Following $10 Million Sale

    The Iconic Birkin Bag's Journey

    By Joseph Campbell

    Inception of the Birkin Bag

    TOKYO (Reuters) -The original bag custom-made for late actress Jane Birkin which became a design icon was revealed to media in Tokyo on Wednesday by the Japanese company that purchased it for a record 8.6 million euros ($10 million) at Sotheby’s in Paris earlier this year.

    Valuence Japan's Acquisition

    According to fashion lore, the first Birkin bag was conceived when the Franco-British actress and singer sat next to Hermes executive Jean-Louis Dumas on a flight in 1984 and told him she needed a stylish-yet-functional bag as a young mother.

    Future Plans for the Bag

    Dumas immediately sketched out the rectangular handbag, with a dedicated space for baby bottles.

    Charitable History of the Bag

    After Birkin got her custom-made bag, the company went on to manufacture smaller versions for the mass-market, turning it into an instant hit and helping fuel the fashion brand's expansion.

    Shinsuke Sakimoto, co-founder and CEO of second-hand luxury goods reseller Valuence Japan, which purchased the Birkin, said the story of the handbag's inception represented the company's philosophy.

    "We believe that products should not be spoken about in terms of price, but rather through the stories that include the brand’s philosophy and values; in other words, they should be spoken about in terms of their significance.”

    Valuence plans to display its prized purchase in museums and similar venues rather than resell it, he said.

    Birkin herself auctioned the bag in 1994 to support Sidaction, a French charity that raises funds to fight AIDS. 

    ($1 = 0.8575 euros)

    (Reporting by Joseph Campbell, Editing by Chang-Ran Kim, Alexandra Hudson)

    Key Takeaways

    • •The original Birkin bag was unveiled in Tokyo after a $10 million purchase.
    • •The bag was custom-made for actress Jane Birkin in 1984.
    • •Valuence Japan acquired the bag at a Sotheby's auction.
    • •The Birkin bag's story aligns with Valuence's brand philosophy.
    • •The bag will be displayed in museums rather than resold.

    Frequently Asked Questions about Original Birkin bag unveiled in Japan after record $10 million purchase

    1What is a Birkin bag?

    A Birkin bag is a luxury handbag designed by the French fashion house Hermès, known for its high quality and exclusivity. It was named after actress Jane Birkin.

    2What is an auction?

    An auction is a public sale in which goods or property are sold to the highest bidder. Auctions can be conducted in person or online.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Image for Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Image for Thousands protest in Berlin in solidarity with Iranian uprisings
    Thousands protest in Berlin in solidarity with Iranian uprisings
    Image for Farmers report 'catastrophic' damage to crops as Storm Marta hits Spain and Portugal
    Farmers report 'catastrophic' damage to crops as Storm Marta hits Spain and Portugal
    Image for France opens probe against ex-culture minister lang after Epstein file dump
    France opens probe against ex-culture minister lang after Epstein file dump
    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Suspected saboteurs hit Italian rail network near Bologna, police say
    Suspected saboteurs hit Italian rail network near Bologna, police say
    Image for Olympics-Protesters in Milan denounce impact of Games on environment
    Olympics-Protesters in Milan denounce impact of Games on environment
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    Image for Russia to interrogate two suspects over attempted killing of general, report says
    Russia to interrogate two suspects over attempted killing of general, report says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    View All Headlines Posts
    Previous Headlines PostItaly's A2A lifts investment plan to $27 billion on data centre demand
    Next Headlines PostUK to publish less official data in drive to restore quality