For men, ties used to be the utterly stereotypical gift that everyone gave when you didn't know what to give someone. So men ended up with closets full of the things, half of which they hated. (I've donated a lot of mine and I can still say, with considerable certainty, that I could wear a different tie on every occasion I wear a tie for the rest of my life and I wouldn't run out.)
I had also multiple times had to buy something so that I wear something appropriate (for wedding, job interview, classical dancing or other official occasion) and when similar occasion happened again, they did not fit anymore. Guys can do with same official outfit for all these occasions.