I think you are referring to suited business men in our recent history, in which case it was a mini rebellion against the conformist nature of the attire they were expected to wear every day to work. read more
Wow, that's hillarious. Doesn't really explain why wearing red socks is refered to as being an english thing though. Allow me to explain then. England is a place of uniformity and uniforms. As a child, you wear a sombre uniform to attend school. This can be from age 4-18. read more
I used to wear colorful socks. Depends on the firms culture and what you think you can get away with. One can match their socks to the slacks or you can be bold and match it to you're tie and shirt. I was notorious for wearing some crazy shit. Then again I was well liked and was very good at my job. read more