I'm not sure what makes me more upset, the fact that this hoodie costs $80, or the fact that this very kind of story is eaten up by desperate wannabe 20-somethings that are brainwashed into thinking that they deserve the "very best."
I think everyone deserves the very best. Why don't you think so? And how did 20-somethings come up?
Personally, I'd rather pay $80 for a hoodie that lasts 10 years than $8 for 1 hoodie a year. Less waste, less exploitative labor, shorter shipping distances (not riding a cargo ship from a Chinese/Taiwanese/etc factory), and a better looking and feeling garment.
I guess you don't have the concept of value and just look at dollar amount alone for everything in your life. I guess Coke should still cost 5 cents huh...