I'm still using a polo shirt from 20 years ago - a very nice quality, navy blue Allaire one. I replace my clothing as it breaks.
When I do buy clothes, or anything, I try to get stuff that will last. My Rotel hifi is 20 years old and still ticking.
There's tonnes of resources to be found on the wasteful impact of the clothing industry - the whole head game of making people think they can't use clothes just because it's "slightly old" is a direct contributor to that. And that's not even touching on issues such as sweatshops.
Pantone is a tastemaker, for sure, but it's relationship with the rest of the industry isn't entirely one-way. I don't feel like the market ever really cared for 2015's Marsala, but something close to 2009's Mimosa was flying off Target's shelves for years after 2009.