This essential attribute of business men dressing code went through the experiments of eco-fashion designers because of it's enormous color and pattern palette and I suppose quite good state after even years of usage.
Here is the examples of upcycling ideas picked form internet and collection of great Etsy-designers working with this material.
Alabama Chanin takes recycling to funky, stylish new heights with ladder-back kitchen chairs from the 1920's-1970's, reworked and artfully woven with vintage men's ties
Recycled tie necklace by Laura Skelton
New year tree via NYC daily photo
Etsy eco-fashion designers