EconomyUniqlo Drops Planned Price Hike on ¥290 Socks After Japanese Shopper Backlash

Uniqlo abandoned plans to raise the price of its popular ¥290 ($1.84) socks, highlighting the difficulties Japanese retailers face as persistent inflation strains household budgets.

UniqloJapan retailinflationhousehold budgets

BBloomberg News★★☆☆☆2026-10-29 05:30Original