Why clothing brands charge more for exact cloth that is cheaper somewhere else?

Question

Why clothing brands charge more for exact cloth that is cheaper somewhere else?

In: 3

Answer 1

I’ll add that at a certain point, an insanely high priced item can be sought after for either status or curiosity. Go to a Nordstrom store and look at the plain white T shirts with a single logo going for $500. It’s so crazy and stupid, but teenagers still buy them.