Definition

A brand of lightweight jacket featuring a distinctive nylon exterior, ribbed collar, cuffs, and waistband, that became a status symbol and cultural icon during the 1980s.

Example Usage

He spent his entire paycheck on a Members Only jacket because everyone who was anyone had to have one.

Origin

The brand was founded in 1975, but exploded in popularity during the 1980s as a prestige fashion item.

Fun Fact

The jacket's exclusivity marketing and high price point made it a symbol of affluence and aspiration during the '80s.

Source: Definition backfill (hailey)