This does not only apply to t-shirts, you know. You will also find this on a nice collared shirt! Apparently, this practice began with the Navy. There is not much closet space out at sea, which is why sailors hang their shirts on hooks through these loops. College kids in the ‘60s also used them to keep the shirts neat and wrinkle-free at the gym. These days, manufacturers leave them on as a sign of quality and class.
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Unless you are a professional cook, you might not know why lots of pan and pot handles come with a hole. Firstly, it makes these pieces of kitchenware easier to hang up when not in use. After washing them, this is a great way to make sure they dry properly. Chefs also like to use the same hole to hold a ladle, stirring spoon, and other utensils. This is pretty convenient since it keeps the utensil clean!