Are traditional raincoats ever out of style?

Bought this beauty on eBay. Went through several (Burberry, London fog, etc) that were either too big, too short in the sleeves, or the wrong material (I don’t like the heavy cotton raincoats) I think I finally nailed it. Brooks Brothers, 40L, poly/cotton,slightly past the knee (think Columbo)
Wife thinks it’s God awful and that I look like “someone from an Alfred Hitchcock movie” which made me smile because I love old movies! Lol
Anyway, are these style raincoats really “old fashioned? I don’t think so, but I wanted to see what the cognoscenti here think. Thanks!