A lot of things have been added to game, new animals, hides and clothing.
Silk got something as well, gloves... wich is really useful, if you only wanna dress fancy...
But what silk needs is a high-end armor for combat that people actually want.
or hats/dresses/robes/cloaks in different colors. Maybe combine them with different coloring.
Some fancy clothing: royal set (look like a king), Tuxedo, Ball Dresses, etc.
or some furniture or items that can be used.
Royal Bed: increased healing compared to normal bed, for example.
Also silk thread need some love, it only got 6 crafting recipes (not counting string recipes).
If anyone got a nice idea for equipment with silk/silk thread please post here