> Try to attend a management meeting in Europe, China, Japan without a suit.
You don't even have to go as far as management meeting. In Japan, if you have any sort of white-collar job (with few exceptions in tech companies and research departments), you wear a suit.
Not sure Japan is the best example - suits there, as worn by the salarymen you're talking about, are hardly treated as fashion - they're worn with all the pride and enthusiasm of any other uniform, i.e. not much. Morning on the yamanote-sen is a sea of miserable-looking ill-fitting suits, all seemingly in the same two shades ("boring blue" and "grim grey"), lifeless translucent e-z-care shirts and $5 ties. I haven't had too much cause to wear suits in Japan but when I did a $1500 Hugo Boss and a decent shirt made me feel like frigging James Bond.
Not to say I didn't see nice suits, I saw plenty, just saying that your average sarariman sure isn't buying $4000 bespoke suits and frankly I would doubt $400.
You don't even have to go as far as management meeting. In Japan, if you have any sort of white-collar job (with few exceptions in tech companies and research departments), you wear a suit.