I sometimes find unusual brands and have started looking them up. This colorful tie is cotton and is a Resilio brand which led me to an interesting article about "The History of the Necktie" (https://www.ties-necktie.com/ties-history.html).
This is a short excerpt from the article: "While to the end of the 19th century there were several popular "adornments" for the male neck, the necktie - the way we know it nowadays - took over in popularity with the beginning of the 20th century. Only the bow tie and the ascot tie survived in the fashion world from earlier times."
"From 1924 on it became accepted to cut the fabric in a right angle to the weaving direction instead of parallel to it - and this method is still used today. The American Jesse Langsdorf came up with the idea and had it patented under the brand name Resilio. The tailoring has changed little since then. The products only differ in quality of material and inlay, the quantity of outer fabrics used and the amount of hand labor.