I like this idea! Howies in the UK have a line of jackets and bags that are designed and made to last, and the line's called "Hand-me-downs" : )

http://hmd.howies.co.uk/

They've gone the extra mile in every bit of the product and guarantee it'll last a minimum of 10 years...a nice little investment as long as you don't tire of your jacket and bags easily and you use them til the end?? Jackets start at £400 and bags at £125! Woo..