Loafers are slip-on shoes that are typically made of leather or suede and don’t feature laces, buckles, or other fastenings you’d find on a typical pair of shoes. Loafers are notoriously stylish and are more of a minimalist shoe design, and are usually shaped like a moccasin.
There are a few different styles of loafers, including slipper loafers, penny loafers, and tassel loafers, among others. Slipper loafers are basically slip-on shoes with no other features on them, while penny loafers feature a penny/coin slot across the upper, and tassel loafers boast intricate tassel details across the upper.