yeah, I think the common misconception (or marketing brain-washing) in the Western World is that "if the item is cheap, it couldn't *possibly* use high quality materials or have high quality labor."
I'm not trying to knock anyone here, but as Avi and I already said, most of the stuff that we wear from the "name brands" are made in China, India, some SE Asian country, or Lesotho anyways. Also, for those who argue the fabrics are better if they come from Italy, well, these days even some of those fabrics are made in these SE Asian/African countries. It's business. It's all about lowering cost and maximizing profit.
Case in point, I bought a nice cashmere sweater from a nice store for a nice sum of money. In the end, it's made in China. After searching Wikipedia, I find out that Cashmere yarn/wool (from the Kashmir goats) can only be found in the Gobi Desert in Mongolia and China anyways. So that nice store probably made a hefty profit from my purchase.
Another example, the Alpaca stuff I found in Peru were a million times better in quality than those found at Nordstrom or other expensive stores and expensive brands (you can feel and see the quality difference). They cost 1/2 or 1/3 of those in the US (and are better quality). The irony is, those expensive brands were probably made in Peru anyways (or Chile/Bolivia).
So yes, there may still be some fabrics that are hand made in some part of Europe/Americas that have excellent quality, but the truth of the matter is, most things these days are made at places that have cheap labor, and for this moment, SE Asia/China/India = cheap labor.
I plan on going to Hong Kong next spring (if I get into any schools) and custom tailoring 3-4 nice suits for myself for $200 each, it's worth the plane ticket there and back (of course I'm also traveling in Asia then).
I'll be taking orders...