> and the manufacturers are barely surviving

I feel for them because I wouldn't mind paying 2/3 times the price for something of measurably higher quality and durability, but it takes effort and dedication to accomplish that as a customer. Effectively the market is saturated with premium-branded items that are marginally better or sometimes worse (a lot of what you see as "technical clothing" comes across that way at least), you feel gaslit by marketing, fake reviews and astroturfing campaigns, and there are only so many deceptions, defeats and financial losses you can sustain before going back to the devil you know: the default everyone else is buying.