1940s' style for men, with padded shoulders — Oz sitout (anag) (4,4)
I believe the answer is:
zoot suit
(Other definitions for zoot suit that I've seen before include "1940s' style of jacket with padded shoulders and tapering trousers" , "Spiv's flashy attire" , "Flashy 1940s' item of menswear" , "retro gear" , "Popular menswear in 1940s' USA" .)