That is the whole point. Lower costs to manufacture, and to heck with quality shoe construction. Trade on your name and charge big prices to increase profit. Target dumb customers, and talk about dressing down in style during covid, and comfort (easy to suck people in with those dumb arguments). Numerous big names are doing it now, they are following each other and realise selling to dummies is profitable.
Companies realise there are heaps of dumb guys around, that is why it is becoming so popular.
Yes, all the major players with few exceptions are riding this wave.