Unlocking Majima's full Lord of the Night outfit can seem confusing and hard to find at first...

But hopefully with this guide you'll be able to play throughout a big portion of the game as the Grand Cabaret Manager if you so wish!

First of all, make sure you have progressed through Chapter 2 - up until Queen Michelle gives you the permit to access the higher class areas of Madlantis.
At this point of the game you should be able to unlock everything that's listed in this guide.

Majima's iconic Ponytail from Yakuza 0 costs you $150.
You can easily farm this money with Bounties, Treasures or Selling Items.

Majima uses Leather Gloves as his default costume.
You can change it to Bare-Handed for free to adhere to his Yakuza 0 outfit.

Majima's iconic Steel-Tipped Shoes comes for free alongside your default clothes.

His clean-shaven look can be unlocked from a Silver Container in a building close to Revolve Bar.
You will notice a hall with stairs and inside lies the container with the Cabaret Manager Makeup.

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Here you shall also unlock the full set of Everyone's Idol Goro!

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Here's the Map Location and Reference if you're having trouble finding the Container!

Set sail to Madlantis and head towards the Casino. There you should find a Chip Merchant that holds the Cabaret Manager Eyepatch in the Prize Exchange menu.
The Eyepatch costs 150 chips, and it can be easily exchanged by purchasing chips with the same merchant.

To unlock these pieces of the set, beat Tournament of Captains ★ in the Coliseum at Madlantis.
This should be a pretty easy naval fight, if you're having trouble you can always upgrade your ship's performance and equipment.
Once that's done, go towards the VIP section of Madlantis and arrive at the Royal Casino.
The Prize Exchange Merchant deep within the casino will offer you the Suits and Pants each 200 chips a piece.
Note: The first merchant you find inside the Royal Casino is not the one that offers you these pieces of the set! The correct merchant is the one that stands in the entrance of the gambling games area.

And that should be all of the set pieces unlocked!
The game gives you an option to use either the Buttoned or Unbuttoned Cabaret Suit, but I much rather prefer the Unbuttoned version as that's the one he uses in his free time back in Yakuza 0.

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You can also mix and use Majima's Shirtless as his Pirate Outfit, which is the one I'm using currently!

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Have fun!