You might be interested in these answers to previous questions:

• When did the suit (something resembling current pants + jacket + nice shoes + tie/vest/hat/etc) become the standard formal wear and why? by /u/chocolatepot

and

• Did Men REALLY dress as well as portrayed in European and US cinema, '40-'60s? If so, how did this work, what coping mechanisms did they use and how different were mens' clothing budgets/usage compared to today's? by /u/redsalesperson

Hope that helps!