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While the legendary New York nightclub Studio 54 closed almost four decades ago, its unique fashion influence remains powerful.

Currently, the spotlight isn't on see-through bodysuits but on the plush, shaggy coats and wraps favored by celebrities and party enthusiasts as well.

With the festive social calendar approaching, the signature Studio 54 coat is experiencing a significant comeback.

Shopping Statistics Reflects the Trend

One of the most popular items from a recent collaboration between a major retailer and a designer brand is a cropped, cream, shaggy jacket with oversized lapels.

At another retailer, online queries for brown faux fur coats have surged almost 200% compared to last year.

Interest for pre-owned plush items is also soaring, with queries for synthetic fur increasing by over 250% in the past six months on a popular secondhand website.

"This is a one and done coat," says a senior style expert, adding that it serves as the main element of an ensemble.

The editor prefers to style her own colossal shaggy coat with hipster jeans or tights and micro shorts.

Television Style Echoes the Look

This style is showcased in a latest streaming romantic comedy series, where a character wears a caramel fuzzy jacket to a informal dinner.

When questioned about her bold outfit, the character responds, "It's what you said to dress up. It's fashion!"

Emergence of the "Boom Boom" Vibe

This look aligns with what an American style analyst is terming "boom boom."

Inspired by the glamour and opulence of the 1980s New York, this aesthetic evokes wads of cash, champagne, smoking, high hemlines, loose morals and, of course, fur.

Similar to that era, the trend is emerging during a uncertain financial climate.

This style is very much about embodying the life you dream of rather than the one you are stuck with.

Contemporary Fabrics and Tongue-in-Cheek Opulence

While real fur was omnipresent during Studio 54's peak, today's iterations are mostly made from lambskin—a secondary product of the meat industry—or man-made fabrics like polyester.

The trend represents a tongue-in-cheek opulence—as if a famous Muppet has taken charge with overblown proportions and unexpected hues.

Star Adoption and Limited Releases

An English creator was an early instigator of this movement. Her shaggy coats with poodle-like proportions have been sported by famous pop stars.

Because of strong interest, these coats are now only sold in exclusive collections. An forthcoming release includes a rose and grey style similar to a giant pom-pom, alongside leopard- and tiger-print options with dramatic fuzzy trim.

"When you can only buy one thing, you don't want it to be a plain jumper or a pair of boring pants, you want a standout piece," says a magazine editor-in-chief.

This feeling is shared by a fashion director at a major store, who calls it "an unexpected, playful touch" that avoids the need for a whole new ensemble.

The Ultimate Mood Lifter

In the end, the shaggy coat can serve as a fantastic pick-me-up.

"It doesn't have to cost a fortune," says the editor, "and it's going to make you feel glam when the world around you is pretty gloomy."