Well, they're not bad at all. I've got a couple of Karrimor fleece jackets that have served me well for a couple of years, a decent waterproof, though I wouldn't say it was for all day walking in wild weather, it's great for local walks for a couple of hours and the walking shoes I've got were just over £30, decent soles, comfortable and last well. They're "weatherproof" but I'm not too bothered about waterproof shoes/boots. All in all, they've got a lot of decent gear that anyone who has a tight budget and wants to go walking/camping, could kit themselves out with the basics.
I've still got a couple of Karrimor ultrafleece jackets that were bought sometime ago, I think it was the early 80's, and they're still in good nick.