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    Home » CEO Who Spent $10M on a Birkin Bag Admits, “I Felt Sick to My Stomach”
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    CEO Who Spent $10M on a Birkin Bag Admits, “I Felt Sick to My Stomach”

    adminBy adminAugust 8, 2025No Comments5 Mins Read3 Views
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    Ceo Who Spent $10 Million On Original Birkin Bag Says ‘I Felt Sick To My Stomach’
    Ceo Who Spent $10 Million On Original Birkin Bag Says ‘I Felt Sick To My Stomach’
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    The original Hermès Birkin bag received a different response than the triumphant euphoria one might anticipate when Shinsuke Sakimoto approved a bid that skyrocketed to $10.1 million. Instead, the CEO from Tokyo acknowledged that he was “sick to [his] stomach” about the choice. Beneath the outward manifestation, however, was a highly successful strategic move that was positioned to change the discourse surrounding corporate art investments as well as his brand image.

    By obtaining the first Birkin ever made, a piece created especially for Jane Birkin in 1984, Sakimoto instantly brought his business, Valuence Holdings, to the attention of the world. The long-term business logic was very evident, despite the actual emotional upheaval. It wasn’t just prestige he was after. He was indicating that Valuence, which was already well-known for its high-end resale model, had emerged as a key figure with the power to change the way that fashion history is being promoted and preserved.

    Shinsuke Sakimoto – CEO Profile and $10M Birkin Acquisition

    CategoryInformation
    NameShinsuke Sakimoto
    PositionCEO, Valuence Holdings
    NationalityJapanese
    IndustryLuxury Resale, Circular Design
    BackgroundFormer professional soccer player
    Notable PurchaseOriginal Hermès Birkin bag for $10.1 million
    Auction HouseSotheby’s Paris
    Purchase DateJuly 2025
    Public Reaction“It made me sick to my stomach”
    Business JustificationStrategic branding investment, not a personal indulgence

    According to reports, the tension increased during the Paris auction when bids quickly exceeded €6 million. Sakimoto, who was participating from Tokyo by phone, gave his team instructions to strike back in a matter of seconds. He was able to neutralize rival bidders with great efficiency thanks to his competitive mentality, which stemmed from his previous athletic career. He wanted to significantly dominate, not just win.

    By presenting sustainability and resale as strong alternatives to disposable consumerism, Valuence has expanded over the last ten years. In a lasting way, acquiring an artifact that blends craftsmanship, legacy, and pop culture significance strengthened that vision. Sakimoto is creating more than just a business with clever branding techniques like these; he is crafting a story.

    It’s especially intriguing that this significant purchase wasn’t reported as a personal purchase. The fact that Valuence Holdings is listed as the buyer of record emphasizes that the acquisition was an investment rather than a personal luxury. This difference is important. This reflects a larger trend in which CEOs are using cultural artifacts as business assets and storytelling tools rather than as awards, particularly in industries that are closely related to fashion.

    Rich businesspeople looking for symbolic value have turned high-profile art and design auctions into playgrounds in recent years. The trend, which includes tech billionaires purchasing Banksy pieces and fashion moguls snatching up couture memorabilia, indicates a desire to match corporate identity with unique items that evoke strong feelings and garner media attention. That story fits Sakimoto’s move remarkably well.

    The bag he purchased is not your typical collector’s item, to put it in perspective. This prototype was made from vintage black leather and had Jane Birkin’s initials engraved on it. Throughout its history, Birkin used the bag virtually every day before selling it at auction in the 1990s to raise money for AIDS research. Her favorite dangling nail clippers are among the original accessories, wear, and authenticity that add irreplaceable character.

    Despite the fact that $10 million may seem extravagant to some, the numbers show otherwise. According to Sakimoto, over the course of the following ten years, the purchase might generate several billion yen in promotional value. That prediction is supported by calculated branding metrics and is not wishful thinking. Following the auction, Valuence has seen a sharp increase in customer interest, worldwide media coverage, and website traffic.

    Sakimoto’s use of media attention is turning a historic acquisition into a powerful marketing tool. Significantly, the Birkin will not be sold for a profit. Valuence intends to display the work in various cultural institutions instead, and it may even be the subject of educational projects. This method is especially creative since it transforms a private auction victory into a cultural asset that is accessible to the public.

    Sakimoto’s admiration for Jane Birkin herself, which came later, adds even more weight to this decision. After studying her life, he found a strong connection between her activism, imaginative vision, and approach to luxury that was approachable. Purposeful design, cultural narrative, and democratizing high fashion are values that he and Birkin share. Unexpected depth was added to the acquisition by that emotional connection.

    Valuence increased the emphasis on environmental responsibility in its messaging during the pandemic, when spending habits changed and sustainability gained more attention. The company says that by promoting resale instead of new production, it has avoided more than 5 million tons of CO2 emissions in the past year alone. The Birkin, which is more than 40 years old, intact, and iconic, provides a strikingly resilient representation of that philosophy when added to their portfolio.

    The move from transactional leadership to narrative-driven influence is reflected in Sakimoto’s choice in the context of contemporary brand-building. In addition to selling secondhand luxury goods, he is rethinking ownership. An important turning point is his wish to develop a “shared model of preservation,” which suggests that rare artifacts should be enjoyed by all rather than being kept in a safe place.

    Generally speaking, public opinion has been favorable since the initiative’s inception. Initially objecting to the cost, critics started to recognize the move’s wider implications. The elitism that is frequently connected to ultra-luxury collectibles was avoided by Sakimoto by purchasing the bag through a corporate perspective and making it available for public admiration.

    More CEOs might take this route in the upcoming years, substituting emotionally and strategically compelling legacy investments for fleeting attention-grabbers. Even though Sakimoto’s acquisition was initially contentious, it is now turning out to be especially useful as an example of how long-term branding, competitive instinct, and emotional storytelling can align.

    Ceo Who Spent $10 Million On Original Birkin Bag Says ‘I Felt Sick To My Stomach’ Winning bidder of $10M Birkin bag wanted to inflict
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