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Chief
I don’t think it’s just VV. I think it’s clothing in general. Brands are trying to sell polyester blouses for $400 and pass it off as “silk blend”.
Capitalism, baby! Gotta post quarterly growth without increasing sales (which have largely plateaued thanks to increased competition in the space) or raising prices (which will drive away their market share).
Many companies are now selling everything "Faux"ie fur, leather, silk, etc- which is plastic: polyester, modacrylic and acrylic fibres, polyvinyl chloride (PVC), or polyurethane. And they charge a lot for it in the form of shoes, jackets, dresses...a full wardrobe without natural fibers.
Chief
Private equity investors, quality always goes down when they get involved…they only care about profits
Private equity for the win.