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While the iconic New York venue Studio 54 shut its doors nearly four decades ago, its distinct fashion influence remains powerful.

Currently, the spotlight isn't on see-through bodysuits but on the plush, shaggy coats and stoles worn by celebrities and club-goers alike.

With the holiday party season coming up, the signature Studio 54 coat is enjoying a major resurgence.

Shopping Data Shows the Popularity

Among the hottest items from a recent collaboration between a high-street brand and a designer brand is a cropped, cream, long-haired jacket with oversized lapels.

At a leading department store, online queries for taupe faux fur coats have jumped almost 200% compared to last year.

Interest for secondhand fuzzy items is also rising, with searches for synthetic fur increasing by 257% in the last six months on a popular secondhand platform.

"This is a one and done coat," notes a senior style expert, adding that it acts as the central piece of an outfit.

She prefers to style her personal oversized shaggy coat with hipster jeans or tights and short shorts.

Television Fashion Mirrors the Look

The aesthetic is showcased in a latest Netflix romcom series, where a character wears a toffee-colored fuzzy jacket to a casual dinner.

When challenged about her daring outfit, the sister responds, "It's what you said to dress up. That's style!"

The Rise of the "Boom Boom" Vibe

This look fits into what a U.S. style analyst is terming "glam excess."

Rooted in the extravagance and opulence of late-80s New York, this aesthetic evokes wealth, champagne, cigarettes, short skirts, carefree attitudes and, naturally, fur.

Similar to that time, the trend is set against a uncertain economy.

This style is very much about dressing for the lifestyle you dream of rather than the one you are stuck with.

Modern Materials and Tongue-in-Cheek Opulence

While animal fur was omnipresent during Studio 54's peak, today's versions are mostly made from lambskin—a byproduct of the food industry—or man-made materials like polyester.

The trend embodies a tongue-in-cheek opulence—as if a beloved character has taken over with overblown proportions and surprising hues.

Star Adoption and Exclusive Drops

An English designer was an pioneer of this trend. Her fluffy coats with poodle-like textures have been worn by top pop stars.

Because of strong interest, these coats are now only sold in exclusive collections. An forthcoming launch includes a pink and grey version similar to a giant pom-pom, alongside leopard- and zebra-print versions with dramatic fluffy trim.

"When you can only purchase one thing, you wouldn't choose it to be a plain sweater or a pair of boring pants, you want a standout piece," says a publication editor-in-chief.

The feeling is echoed by a fashion director at a leading store, who calls it "an unexpected, fun touch" that avoids the need for a whole new outfit.

The Ultimate Mood Booster

In the end, the shaggy coat can serve as a great mood lifter.

"It doesn't have to cost a lot," says the editor, "and it will make you feel glamorous when everything else is rather gloomy."