Fringe on furniture is nothing new.  I know I grew up with a sofa adorned with bullion fringe, so this is a trend that is definitely reemerging.   The key difference to keep this look feeling current & classic vs dated & done (in my opinion) is to keep it all within the same color or a simple neutral.  Rather than the  burgundy, gold & hunter green multi-colored versions of the 90’s.  
When furnishing a room, I really try to take into account all of the feet or legs on my furniture.  Having too many pieces that are all on legs can feel a little off.  I like to mix up upholstered pieces that include skirts to ground the piece.  And tasseled skirts are a great way to accomplish this with very little effort & a big change.  If you have a sofa, chair, or ottoman that is roughly 4-6″ off of the ground you can easily add your own fringe in less than 30 minutes.  While I would personally use a strong fabric glue, you could also velcro as well.  This is also a great DIY to cover up scuffed up furniture legs.  It is also a lot easier to install straight vs nailhead trim.  Bonus.
When looking to purchase fringe, be sure to look for a length that will just kiss the ground.  Too much pooling will look sloppy & fringe that doesn’t hit the ground will feel like a mistake.  Bullion Fringe comes in standard lengths of 6″ Long & is a great place to start your search.
sources : : : Veranda, House Beautiful, Domino, Architectural Digest, One Kings Lane
xo – Kristin