As a couple of people have alluded to already, you define yourself by the possessions that you own. We are a capitalist, materialist culture, for better or worse, and our material possessions define who we are. The thing is, it really is all encompassing; you define yourself to other people with everything you own, from the type of toilet paper in your bathroom, to the dishes you own, to the books you have or don't have, to the clothes you own, etc, etc...
Having said that, fashion is one of the most visible ways that we define ourselves, so its a little more important than whether you have one ply or 2 ply toilet paper.
I guess this would fit in to the relationships part of personal development. If you went around dressed in tight black leather you would probably meet more people that dressed in tight black leather, or at least people who wanted to meet people dressed in tight black leather. And you can apply that same logic to whatever you wear.
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