Same here, ycandrea, and almost all of mine are greatly discounted off the rack retail and comparable in prices to what I have seen in the 3rd world.

The American Giant return policy doesn't promise decades of use. It was a solid guarantee but was changed a year ago (probably due to people taking advantage of it.)
Was: "If anything you purchase from American Giant doesn't live up to your highest standard, please return it to us for a full refund. Any item, any reason, any time."
Now: "Purchases from American Giant may be returned within 90 days. The item(s) must be unworn, unwashed, and undamaged."

I have lots of clothing that I wear frequently and they are most more than 10 years old. But I don't wear the same thing every day (and my clothes don't look like I just got them from Macys.) Hardly anyone in America wears the same thing every day, and those that do aren't going to pay $108 for a hoodie. In my case, the only things that I wear out sooner than a decade are socks, shoes, and underwear. All my clothing are purchased at large discounts to "normal" prices and by my experience the prices aren't a lot higher than what I see in the far east where most are made. The only ones that wear out sooner are things I bought in the street market in Thailand; they are sometimes of lower quality.

I have clothes that I wear fairly regularly, including concert t shirts that I have had since the 80's. I'm pretty sure that they weren't using the best quality they could find for those.

In 2 years, they will be begging the government to ban hoodies so they can sell $100 sweatshirts.

The concept of competitive advantage implies that players in a market each concentrate on what they are good at. I'm not sure that analysis is appropriate when dealing with a county of over 300 million people and the wide range of resources available. There is no reason that we should not be able to compete in manufacturing.

Actually, I think China is losing its competitive advantage in manufacturing, given that they are going to automation big time to cut costs. We could do the same right here in the USA and cut costs. We can start with getting rid of the low IQ cashiers at fast food places and replace them with kiosks instead of raising minimum wage to $15 and keeping people employed in jobs they arent good at.