My company has done 6 layoffs in the past 18 months, all because of a bad bet the previous CEO made. It’s amazing how one person can tank a company, cost 100s of people their livelihoods, and walk away with a golden parachute and a new job of equal level at another larger company.
Regular clothing I could probably last decades, I still have clothes from 20 years ago that are perfectly fine. Shoes are my big issue, they wear out fast for me, even higher priced brands that are supposed to last.