One of the big issues in clothing and related is mostly market dynamics. The market used to be full of relatively niche brands (and stores) that sold genuinely differentiated, often higher quality, and typically somewhat more expensive clothing etc.

Over time, a lot of those companies got bought out by conglomerates and started selling the same Asian-made stuff as everyone else (for the most part; there can still be differences. Premium brands often manufacture in Asia as well).

It’s harder to charge a big premium for random clothing and soft goods. To pick a random example Lands’ End is a case in point.