Thank you for the appreciation guys!
I had initially started working on 3ds Max's hair & fur, but switched to using Forest Pro after random freezing and crashing. The fabric material is pretty simple with no displacement. For Forest Pro, I created some oddly shaped hair strands with spline and converted them to poly. I think this should work the same way with Corona Scatter.
I'm fairly new to using Corona (this is the second time I'm using it!) so if anybody has any suggestions for overall improvement, please let me know!
Hope this helps!