No, but I think that a business person with real money they spend on market research that says "people perceive the logo as old and out of fashion" might decide it was time for a refresh.
> people perceive the logo as old and out of fashion
So, I think we both agree, the original logo lacks the previous associations of value and therefore needed to be changed/updated. People don't buy things because of a lack of newness or because they are deemed old. They buy based on utility (whether that's perceived or not is another question).