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2019 was China (boo!)
That's only a ~60% profit for the actual apparel company, not some bizarre 1300% number.
You're right that apparel companies give away tons of product because it's cost effective marketing, but you're getting it twisted when it comes to how the apparel industry writ-large works. Ask yourself how much profit is fair. You seem to be ragging on companies like 100% for what is essentially 60% profit. Should retailers not be allowed to charge 100% markups on their goods too?
I agree with your original point that more MiUSA is good for the industry, but look at Kitsbow or Chrome or Search and State. Following the same math, it costs $70 to make that shirt here in the states and that's why they charge $220 for it as @savagelake pointed out.
The first 100% airmatic shirt I got was a shit fit and bog standard fabric. I also had a football shirt from my son’s football team made from the same bottom of the range material, and it had my name and number on the back, and that cost me about $18. So as far as I’m concerned, the 100% riding shirts are worth about $15-30 depending on how much I like the colours.
If you compare one to an Adidas techfit top, for instance, it’s pretty amazing to me how they can sell them for so much. Techfit tops have several panels and different materials, vented parts, arm grippers and such. A lot more thought and effort has gone into making them and I’m sure the actual manufacture cost must be double... but they cost about the same at full retail price (Techfit tops are usually a bit less from memory).
I’m not bagging out 100% specifically. I’ve actually got four airmatic shirts and two pairs of shorts because I am a fan of the colours (much more than I am a fan of the quality or fit). I think it’s fair to say the majority of riding tops are overpriced considering they are apparently pretty basic garments.
Everyone wants to get paid, that’s the problem. Consumer direct would be the way to go if they would drop their prices by 40%.
Also, some of Kitsbow's prices are ridiculous as well, but not all their stuff. Voler produces stuff in California and doesn't charge Kitsbow pricing. Aerotech produces stuff in Pittsburgh and they aren't overpriced.
I'm don't want to criticize 100%, what I'd rather do is try to hype MiUSA brands more, because I feel like don't have as much spare dollars to market like some Chinese produced brands.
One thing that is really frustrating about so many MTB apparel companies is that lack of transparency.
I've never wanted my cycling clothing to be transparent...