Why is modest clothing so unpopular these days?

One of the things I find the most attractive and beautiful about a woman is her modesty and elegant choice in clothing (like the picture).
"sexy" or "hot" are only shallow terms for me that have nothing to do with beauty, only meaningless visual appeal, they do serve my instinctive side, but not my logical one.

I rarely see that anymore, and I see revealing clothes so much more encouraged and loved by everyone while modest clothing is so unpopular, ignored, and rarely talked about, sometimes it's even shunned as boring and irrelevant.

So why is it unpopular? Is it dying? Becoming kind of a thing of the past? Because if so, then that makes me pretty sad.
What are your thoughts?
Why is modest clothing so unpopular these days?
Why is modest clothing so unpopular these days?
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