I'm starting to think I am! I tend to overlook the cheapest stuff on, say ASOS, assuming it will be poor quality and therefore a false economy. As a result I have very little in my wardrobe. I don't care about designer labels but I do tend to look at the premium brands. The best scenario for me is this sort of stuff at sale prices.
That said, this really only applies when I'm after something for a special occasion or a rare night out! I can't bear to splash out on work clothes. Should I set my sights a little lower?