The first-ever Birkin bag, designed by Hermes for celebrity Jane Birkin, sold for Ksh.1.2 billion ($10 million) at a Sotheby's auction in Paris, setting a new record for handbag sales.

• The bag was sold after a competitive bidding war, reaching a final price of €8.58 million including fees.
• The buyer is a private collector from Japan, with the bag previously owned by Catherine Benier.
• This sale marks the most expensive handbag ever auctioned, surpassing the previous record held by a diamond-encrusted Hermes Kelly 28 which sold for $513,000 in 2021.