MAKING MONEY
1. Move manufacturing overseas.
2. Start "premium" company using same tooling/manufacturing equipment
3. Profit... BIG profit (or at least big price)
Off the top of my head, here are some of the biggest apparel companies producing in the USA and the off-the-top-of-my-head prices:
American Apparel: Plain t-shirts $17/ea
Lucky Jeans: $90-$150 pair (jeans)
Vanson Leathers: $600 msrp. for most leather motorcycle jackets, available new online for about $450
At least within the clothing industry, it seems like the only way for domestic production to survive stateside is to mark it as a premium brand. This is probably not-so-good for overall production quantities, but at the same time, it probably opens up more international demand.