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A Men's Guide to the Best Classic Loafers, From $215 to $947

A Men's Guide to the Best Classic Loafers, From $215 to $947

Since the 1980s, the likes of Gucci and Ferragamo have dominated the loafer market, as go-to brands for Wall Street guys. In recent years, however, loafers have become the default smart-casual style for all kinds of men. 'In the last 12 months, loafers have actually overtaken all other categories of shoes for us,' said Bob Mitchell, co-CEO of Mitchell Stores, which owns luxury retailers across the U.S.
From trendy direct-to-consumer labels to custom programs to old faithfuls, the current loafer market is tricky to navigate. How much should you spend? What are the best-value brands? We've landed on three stellar penny loafers across the price spectrum. All should last for years thanks to their Goodyear welt construction, an intricate method that allows for resoling, in which a strip of leather (the welt) is stitched to the shoe upper, before the sole is stitched to the welt.
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