Yahoo has a nice feature in which users can ask questions and have them answered by other Yahoo users. Here are two answers given to the question above. You, gentle reader, can decide which is correct – or form your own opinion. An ABC News article on clothing quality vs. price is included after the two answers below.
1) There’s no definite reason why you should buy designer stuff over normal name brand labels. Some women just naturally need high-end labels while others acquire the taste for luxury over time. Most women prefer designer labels because it completely changes both their image and their self confidence. High end labels are a clear indication of success, wealth and status and, whether we admit to or not, most people are judged (at some point or another) by the way they look. So, they indulge in a wardrobe of haute-couture clothing because it will make them look and feel fabulous and the pay-off will definitely be worth the cost in the end.
2) I think that Abercrombie, Hollister and sometimes AE are overworn………they have some nice stuff but EVERYONE wears it….It’s like clones walking everwhere and if you get a shirt there, 4 ppl will probaly have it…People who only wear name brands think they’re better than evry1 else b/c of the brands they wear…..well, i can get something EXACTLY the same at Wet Seal or Forver 21, even like Target and it will cost 5 time less…..I mean really, who in there right mind will buy a $98.00 pair of Abercrombie jeans when you could buy a 15.00 pair of target jeans of DOTS jeans….its rediculous how teens are these days….they should be individuals….not WALKING BILLBOARDS/CLONES!!!
An ABC News article to address quality vs. price issues:

Are Expensive Clothes Worth it?
ABC pits High-Priced Items Against Low-Priced Apparel
Americans spend $200 billion a year on clothing and footwear.
But do we have to pay that much? As part of our “Good Morning America” series “Is It Worth It?” we put two of America’s signature styles — T-shirts and sneakers — to the test.
ABC News compared a $7 Hanes T-shirt with a $95 T-shirt from Neiman Marcus.
We also tested $16 Target running shoes, $160 Nikes, and $13 Wal-Mart sneakers and $89 Adidas.
With controlled laboratory testing, ABC News sped up the process of washing and wearing, walking and running.
Link to see the full ABC News article in a new window.
Best Bet: See the ABC video showing the products and testing.