@the brightness- the color was described as a special dye only the royal family of the mugen tenshin clan was allowed to wear in the outfit's description in NG3RE
Well @His Reverence has already given you the real answer, however in the fictional context as @Chapstick mentioned, this is the official description of the outfit from the NG3RE site:
"BRILLIANT LAPIS
A shinobi outfit with a brilliant blue color.
This color is valued highly among the Mugen
Tenshin clan, and only the clan leader
is permitted to don it."
If something, even if I really love Ayane's classic purple outfit from DoA2, personally I think that it could be considered much lesser a Ninja outfit compared to the blue standard one of Kasumi.
Skimpy isn't a bad trait for a ninja outfit, just means less cloth to to get caught and things, make sound and limit mobility. Technically the best outfit for a ninja would be completely naked with black body paint.
Thus are video games, comics, novels, films, etc.
So I ask, does it really matter?