With yellow price tags reduced by 50%, this was only $6! If I mess up this refashion, it's not a big loss :)
First thing was to rip out those overbearing, outmoded shoulder pads.
Next I cut off the lapels and gathered them before reattaching. I cropped the sleeves and the bottom hem, and cut off excess front so that it no longer buttons closed. In retrospect, I should have taken in the sides to make it more fitted since the original jacket was somewhat boxy. But for $6 and 3 hours of work, I think it will brighten up my workday!
I'd like to make one in fuchsia, so I'll be searching through another thrift shop next weekend.
Wishing you a great evening!