Penny loafers are defined by the leather strap running across the vamp. Within that familiar design, shape, sole and construction can make a pair noticeably dressier or more casual. The collection includes penny loafers from Carlos Santos, Heschung, Magnanni and Paraboot.
Smooth leather and a cleaner shape work well with tailored trousers, chinos and less formal suits. Leather soles add to that dressier look, while rubber soles provide grip and give heavier models a practical everyday feel.
Construction also varies by model, with Goodyear welt, Bologna and Norwegian welt represented in the range. When choosing a pair, start with how formal you want the loafer to look, then compare the shape and sole before checking the individual model’s fit and construction.