FAO's used to be a prestige NYC brand. Of course, they carried many other branded products but those were mostly top-shelf (and expensive) as well. A LOT of formerly pretty high quality brands have ended up getting sold off to brand management companies and the like. I just got a few pairs of shoes from AllBirds because while the name will live on I have no doubt the quality will become pretty generic now that it's no longer a Silicon Valley must-have thing.