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

Currently, the spotlight isn't on sheer bodysuits but on the plush, shaggy coats and wraps favored by style icons and party enthusiasts alike.

With the festive party season coming up, the distinctive Studio 54 coat is enjoying a significant resurgence.

Shopping Statistics Reflects the Trend

Among the hottest items from a latest partnership between a major retailer and a designer brand is a cropped, cream, shaggy jacket with giant lapels.

At another retailer, online queries for taupe faux fur coats have jumped 190% year on year.

Interest for pre-owned plush finds is also soaring, with searches for faux fur growing by over 250% in the past six months on a popular resale platform.

"It's a statement coat," says a lead fashion editor, adding that it acts as the central piece of an ensemble.

The editor likes to wear her personal colossal shaggy coat with hipster jeans or leggings and micro shorts.

Screen Style Mirrors the Look

This aesthetic is showcased in a latest Netflix romantic comedy series, where a character sports a caramel furry jacket to a casual dinner.

When challenged about her bold outfit, the sister responds, "It's what you said to look fancy. It's fashion!"

Emergence of the "Glamorous" Vibe

The trend fits into what a U.S. trend forecaster is calling "boom boom."

Inspired by the glamour and opulence of the 1980s New York, this vibe brings to mind wealth, champagne, cigarettes, short skirts, carefree attitudes and, of course, fur.

Like that time, the trend is emerging during a volatile economy.

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

Contemporary Materials and Playful Opulence

While real fur was omnipresent during Studio 54's heyday, today's iterations are mostly made from lambskin—a byproduct of the food industry—or man-made materials like acrylic.

The trend represents a tongue-in-cheek luxury—like a famous Muppet has taken over with exaggerated silhouettes and unexpected hues.

Star Endorsement and Limited Drops

A London creator was an pioneer of this movement. Her fluffy coats with curly proportions have been sported by top pop stars.

Due to high interest, these coats are now only sold in exclusive collections. An forthcoming release includes a pink and grey style similar to a giant pom-pom, alongside animal and tiger-print versions with exaggerated fluffy trim.

"If you can only purchase one thing, you wouldn't choose it to be a plain jumper or a pair of boring pants, you want a standout piece," says a publication head.

The sentiment is echoed by a style head at a major retailer, who calls it "an unexpected, fun touch" that doesn't require a complete ensemble.

Final Mood Lifter

In the end, the fuzzy coat can serve as a fantastic mood lifter.

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