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The socks launched at a price point of $10, and were initially sold on the company’s website. In the first year, Happy Socks' turnover was €1,000,000 (US$1,136,750). In 2016, the brand generated retail sales of $106.4 million.
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Hospital socks, also known as psych ward socks or grippy socks, are socks given to patients at hospitals, psychiatric facilities, and nursing homes. The socks have non-skid features to prevent patients from slipping and falling. [ 1 ]
Young people are talking about needing "grippy socks vacations" — a phrase that references the no-skid socks worn during inpatient mental health stays.
The name comes from the French "mi" for half or mid-way and "gros", which means wholesale. Thus the word connotes prices that are halfway between retail and wholesale. The logo of the company is a large orange M. Migros is often referred to as "the orange giant" (German: oranger Riese , French: géant orange , Italian: gigante arancio ).
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