Wonderful interview. If only he didn't have to charge $995 for each cashmere sweater to be able to provide these things for his workers, and for himself.
Either way, I'm glad he does.
Also consider the psychological pricing -- maybe he could cut his sweaters to $599, or $299 (but not much lower than that) -- but likely still be way out of the "I dont pay more than $49.99 for a sweater" crowd. So then he'd be leaving a ton of money on the table for fractional growth.