Al-jawab billahi at-taufeeq (the answer with Allah’s guidance)
According to Hanafi schools, it is Makruh Tanzihi (Less offensively disliked) for men to wear pure red and bright clothes.
Also, as a precautionary measure one should refrain from the colour pink too.
It is mentioned in Mujtaba, Quhastani, and Sharh Niqaya of Abu Makarim as follows: There is no problem in wearing red clothes. This indicates that the (karaha) offensiveness is slight (tanzihi)
Allama Ibn Abidin says (wearing red clothes) has been narrated by Imam Abu Hanifa, as mentioned in Multaqat. And it shows that the karaha (offensiveness) is tanzihi, because the word la ba’s’ is used generally in leaving things, which is better.” [I’la al-Sunan, Zafar Ahmad Usmani, 17.358-360)]
Imam Nawawi (Allah have mercy on him) said in his Majmu`(4.336-337) that it is permissible for men to wear white, red, yellow, green, [s. black], striped clothing and other colors on their clothing. There is no disagreement on this point, nor is there any dislike in this (wearing these colors).
So, the permissibility of wearing red and bright colors i.e yellow, pink etc, is only when it is mixed with other colors (stripes, for example).
Lastly, I like to mention that jewelry, earings is Haraam for men. The Prophet (peace be upon him) said: “Allah curses men who emulate women and women who emulate men.” [Sahîh al-Bukhârî (5885)]
One must not impersonate unbelieving men in wearing jewelry, earings and other forbidden acts in Islam.
As Rasulullah (Sallallahu Alaihi Wa salam) has said, “Whosoever impersonates a nation (other than Islam) will be (resurrected) from them on the day of judgment”. (Sunan Abu Dawud)
And Only Allah Ta’ala Knows Best.
Moulana Qamruz Zaman