Wearing bright colours clothes is someone's personal choice. Some people love to wear bright colours and some prefer to stuck in black and white. If we talk about boys then there are some who love to wear all colours and rest wear only black, blue, white.
According to me, its totally dependable on my mood which color I gonna wear today.
In my opinion, color does matter. Wearing the right color is also as essential as choosing the right fit outfit for your self. To bold and bright colors are not for formal wear, they are usually worn during parties. Light and subtle colors are good for the summer season whereas dark colors are perfect for winters.