This must be regional/cultural because for my family and friends socks is the kiss-off gift of a person who doesn't give a damn about you but needs to buy you a gift.
Definitely regional/cultural because in my region, socks would be something given within family or close friends. I've never seen an acquaintance or a company give socks here. (Not that I would mind to receive some, good socks are a great gift, it's just that it's not done here).