I think I could do a fairly minimalist wardrobe under that amount. But, it would require getting a few key pieces on deep sale.
In related news, pretty much my entire family except for me dresses in Uniqlo these days.
I wound up with a Brooks Brothers Black Fleece Oxford cloth button down shirt in white, size BB3 (16) that doesn't fit me. It's brand new in the package. I've only tried it on briefly.
$90 shipped in the US. International is extra. Paypal only