Earlier quoted context omitted.
LL Bean used to have a "lifetime" guarantee but like others (e.g. REI) have backed off considerably. I'm not sure how much of that is because quality has in fact decreased as so many of these brands have shifted manufacturing to the Far East--and how much is because people in general are probably more willing to abuse things like return policies. I suspect it's a bit of each.
They used to have lifetime returns ! Regardless of condition, no questions asked! This American Life did an interesting piece on it, I was surprised the degree to which people abused—or, I guess, took advantage of—the policy. https://www.thisamericanlife.org/591/get-your-moneys-worth/a...
But people are used to buying things sight unseen now; maybe the ironclad return policy doesn't have the value -- to the company -- that it once did.