of course by now the suit is supplanted in a lot of industries first by "business casual" and more recently by the afaik yet-unnamed jeans/tshirt/hoodie uniform
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but the general trend from a subdued/utilitarian warrior upper class to a more idle/decadent courtly one is a common theme throughout history
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thus I think the fact that the trend has been generally downward for a bit over two centuries has more to do with spirit of times
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Excellent point, Dress for Success period, business suits a must. Then black t shirts and jeans on millionaires. It’s a lot of theater.
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