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Event Brief

Uniqlo cancels planned price increase on socks

Uniqlo scrapped a planned price rise on socks priced at $2 in Japan after shoppers objected. Earlier this month, the apparel brand had announced broad price increases for its clothing products because of rising costs. The move highlights the pressure persistent inflation is putting on Japanese household budgets.
WHO: Uniqlo
WHAT: Uniqlo scrapped a planned price increase on its socks after shopper outcry.
WHEN: Reported Oct 28, 2026 at 11:32 PM ET
WHERE: Japan
WHY: Uniqlo reversed the planned increase after shoppers objected to it.

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