We have that here in sweden at least, and unsurprisingly it seems to sell quite well. And of course since it's so hilariously cheap for them to produce it's not like they have to sell many to make profit.
Frankly a lot of the time they somehow manage to keep the quality high enough that with the price they're sold for it kinda feels too good, like i think these things might well last the rest of my life, why are they selling things i won't have to buy again??