Gold Toe is destroying a premium brand - quality is an issue

I bought a dozen black dress socks made in china and after 5 washes a hole appears in seam. Feel and fit are as expected.I am long time customer who bought GoldToe socks exclusively a dozen at a time. Why they are destroying their brand with inferior quality products made in china or without proper quality controls? I never had a issue paying a premium price for what WAS a premium product. Quality does matter.