No, this is not what was intended by the hadeeth! If a person wears a weird colored clothes or ride a really weird car that he becomes famous and people point at him due to that, whether due to its value or cheapness, this is part of seeking fame with it!

It was narrated that Ibn ‘Umar said: The Prophet (peace and blessings of Allaah be upon him) said: “Whoever wears a garment of fame and vanity, Allaah will dress him in a garment like it on the Day of Resurrection.” How can this hadeeth be applicable today? Is wearing Gucci haraam?