Yeah the new designs for the console release are generally pretty crappy, like they were trying too hard to make it look both "next gen" and different to the classic designs already in the game so you ended up with loads of capes/cloaks/jackets and sashes etc etc flowing off the characters obviously as an attempt to show off their physics engine and then you have eyepatches, asymmetrical giant bulky armour in places and the like, basically just severely overdesigned.
Overall there's more I dislike than like with the new designs, Hworang being possibly the worse offender, the majority of the female characters also had simpler redesigns too so they aren't as bad but still utterly unnecessary such as Asuka. I just hope the designs in the next Tekken game be that 8/Tag3/xSF are a lot better and this is just seen as an embarrassing phase for the most part