The Hermès Birkin bag has sold for a record-breaking price of 8.58 million euros at a Sotheby's auction in Paris, breaking previous records for a handbag and surpassing the sale of ruby red slippers worn by Judy Garland in 1939. The bag was first auctioned in 1994 and later acquired by Catherine B 25 years ago, before being sold to a private collector from Japan who outbid seven rivals.