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While the iconic New York venue Studio 54 closed almost four decades ago, its distinct style impact continues powerful.

This season, the spotlight isn't on sheer bodysuits but on the plush, shaggy coats and stoles worn by celebrities and party enthusiasts as well.

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

Retail Data Shows the Trend

One of the most popular items from a latest partnership between a major retailer and a London label is a short, cream, shaggy jacket with giant lapels.

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

Interest for pre-owned plush finds is also soaring, with queries for faux fur growing by 257% in the last six months on a major secondhand website.

"It's a one and done coat," says a senior style expert, explaining that it acts as the central piece of an ensemble.

The editor likes to style her personal oversized shaggy coat with hipster jeans or leggings and short shorts.

Television Style Mirrors the Look

This style is replicated in a latest Netflix romcom series, where a character wears a caramel fuzzy jacket to a informal dinner.

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

The Rise of the "Boom Boom" Aesthetic

This look fits into what an American trend forecaster is terming "boom boom."

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

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

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

Contemporary Fabrics and Tongue-in-Cheek Opulence

While animal fur was everywhere during Studio 54's peak, today's versions are primarily made from shearling—a byproduct of the meat industry—or synthetic fabrics like acrylic.

The trend embodies a knowing opulence—like a famous Muppet has taken charge with overblown proportions and surprising hues.

Celebrity Adoption and Exclusive Drops

An English creator was an pioneer of this trend. Her fluffy coats with curly proportions have been worn by famous pop stars.

Due to strong demand, these coats are now only sold in exclusive drops. An upcoming release includes a pink and charcoal style akin to a giant pom-pom, as well as leopard- and zebra-print versions with dramatic fuzzy frou-frou.

"When you can only purchase a single item, you wouldn't choose it to be a basic sweater or a pair of ordinary pants, you want something dramatic," explains a magazine editor-in-chief.

The sentiment is echoed by a style head at a major retailer, who describes it "an unexpected, playful element" that doesn't require a complete outfit.

The Ultimate Spirit Lifter

Ultimately, the fuzzy coat can serve as a great mood lifter.

"It won't cost a fortune," notes the editor, "and it will make you feel glamorous when everything else is pretty gloomy."