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While the legendary New York venue Studio 54 shut its doors almost four decades ago, its unique fashion influence continues powerful.

Currently, the spotlight isn't on see-through bodysuits but on the furry, shaggy coats and stoles worn by style icons and party enthusiasts alike.

With the festive party season approaching, the distinctive Studio 54 coat is experiencing a major resurgence.

Shopping Data Shows the Popularity

One of the hottest items from a recent collaboration between a major retailer and a designer brand is a cropped, cream, long-haired jacket with oversized lapels.

At another retailer, online queries for brown fake fur coats have jumped almost 200% year on year.

Interest for secondhand plush items is also soaring, with queries for faux fur growing by 257% in the past six months on a popular secondhand platform.

"This is a statement coat," says a lead style expert, explaining that it acts as the main piece of an outfit.

The editor prefers to style her personal oversized furry coat with hipster jeans or leggings and micro shorts.

Screen Style Mirrors the Look

The style is replicated in a latest streaming romantic comedy series, where a sister sports a toffee-colored furry jacket to a informal dinner.

When challenged about her bold outfit, the sister replies, "You told us to look fancy. That's style!"

The Rise of the "Boom Boom" Aesthetic

The trend fits into what a U.S. style analyst is calling "glam excess."

Inspired by the glamour and excess of late-80s New York, this vibe evokes wads of cash, bubbly, smoking, short skirts, carefree attitudes and, of course, fuzzy textures.

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

This style is all about embodying the life you aspire to rather than the one you are stuck with.

Contemporary Materials and Tongue-in-Cheek Luxury

While real fur was omnipresent during Studio 54's heyday, today's versions are mostly made from shearling—a secondary product of the food industry—or synthetic fabrics like polyester.

The trend represents a knowing opulence—as if a beloved character has taken charge with overblown proportions and surprising colors.

Star Endorsement and Limited Drops

An English creator was an early instigator of this movement. Her fluffy coats with curly textures have been sported by famous singers.

Because of strong interest, these coats are now only sold in limited drops. An forthcoming launch includes a pink and charcoal style similar to a large pom-pom, alongside animal and tiger-print options with dramatic fluffy frou-frou.

"When you can only purchase one thing, you wouldn't choose it to be a basic sweater or a pair of boring pants, you want something dramatic," says a publication head.

The sentiment is echoed by a fashion director at a major retailer, who calls it "an unexpected, playful touch" that avoids the need for a whole new outfit.

The Ultimate Mood Booster

Ultimately, the shaggy coat can act as a great pick-me-up.

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