If you are keen on observing fashion trends, you may have heard of penny loafers! Penny loafers, or Penny loafer shoes, belong to the loafer shoe family, the slip-on footwear variants already well known. These, however, resemble a shoe, said to be originated from the US and UK. These loafers are mostly made with leather and come with a leather strap or strip design, available for men and women. Not just it, penny loafers for men and women are known for their versatility, too – from casual and semi-formal to a formal look; you can pull them off easily. Today, we are here to give you the latest trends in lovely and classic penny loafers!

Trendy Models of Penny Loafers For Men and Women:

Penny Loafers History and How To Recognize Them:

Did you know Penny loafers aren’t very new in the market and are already available for almost a century? Yes, you heard it right! While some believe they have come from the Norway region, few say they are from America. Wheresoever they have come from, these Loafers are inspired by the moccasin shoes, also similar slip-on variants. They gained popularity in the US when GH Bass invented a loafer kind of shoe variant (remember, loafers were already known by then) with a leather strip attached to the top of the footwear. Few also believe that the shoe got its name ‘penny’ loafers after its design accommodates to fit penny/coin in its leather strip. Interesting.

Now that we know how they originated, not all belong to the same category just because they resemble normal loafers. These loafers are made only in genuine true leather, and all of them – both men’s and women’s variants have a strip/strap attached to the above. This is how you know that it is a penny loafer!

Stylish Penny Loafer Designs For Gents With Pictures:

Here are the top models of the Penny Loafers for men.

1. Tommy Hilfiger Penny Leather Loafers:


Tommy Hilfiger is a well-known brand; we all know they are popular for supreme quality, durability and comfort. Their penny leather loafers in brown colour for men are one such stylish and very popular piece. They come with the Tommy Hilfiger logo and an overall classy outlook, ideal for men with an eye on details.

  • Design: Brown Tommy Hilfiger Leather Loafers
  • Material: Leather
  • Sole Type: Rubber
  • Occasion: Parties
  • Style Tip: Add this for formalwear, and this can look amazing.

2. Gucci Designer Penny Loafers:


Gucci is another luxury apparel and accessories brand, and most of us dream about owning one of their product. If you do not mind shelling out bucks for such a premium branded design, their dark brown coloured penny loafer men’s fashion shoes are here – and it is a heartthrob! We bet you will not find a similar look with anyone.

  • Design: Dark Brown Colored Leather Loafers
  • Material: Leather
  • Sole Type: Rubber
  • Occasion: Parties, High-End Gatherings
  • Style Tip: This can be good with men’s premium formal and party wear outfits.

3. Backless Penny Loafer Mules:


If you haven’t come across backless loafers, here they are. New in design and very edgy polished in their appearance, these penny loafer mules look super stylish and textured. These special handcrafted ones are known for their comfort and plush looks!

  • Design: Brown Penny Loafer Mules Backless for Men
  • Material: Leather
  • Sole Type: PU
  • Occasion: Weddings, Parties
  • Style Tip: Add this to men’s sherwani or ethnic wear premium outfits to look good.

4. Steve Madden Floral Penny Loafers:


These floral penny loafers from luxury brand Steve Madden can be apt for those with an eye for intricate fashion trends and bold experiences. These are well fit for grand and high-end gatherings and parties, ideal with designer wear outfits, making anyone appear super modern, contemporary, and outstanding.

  • Design: Steve Madden Floral Penny Loafers
  • Material: Leather and Fabric
  • Sole Type: Tunit and Fabric
  • Occasion: Highend Parties
  • Style Tip: Add this to designer wear and sunglasses; it can look amazing.

5. Canvas Penny Loafers:


Now canvas penny loafers are something we all already know. They are budget-friendly and easy to find, yet very minimal and elegant in their looks, reachable to everyone who wants to try them out. This black men’s gliders and loafers are one such. These are a perfect fit for everyday casual and regular wear.

  • Design: Black Canvas Gliding Loafers
  • Material: Canvas
  • Sole Type: Rubber
  • Occasion: Casual
  • Style Tip: Try this with basic denim pants and a tee; this can be good.

6. Cole Haan Round Toe Penny Loafers:


This branded and well-known footwear company, Cole Haan’s penny loafers for men, is all about a classy and edgy look. They come in tan brown colour with regular loafer with slip-on detail and in the round toe variant. Known for their comfy and easy-to-wear look, they are versatile for everyday and official or formal footwear.

  • Design: Brown Color Leather Solid Loafers with Round Toe
  • Material: Leather
  • Sole Type: EVA
  • Occasion: Regular, Semiformal
  • Style Tip: Add this loafer with casual denim pants and a tee or checked shirt for an elegant look.

7. Textured Penny Slip-On Loafers:


These jet-black slip-on loafers are total love! We love the elegance and plush grandeur look they deliver so seamlessly. These textured variant penny loafers are ideal for even formal and official purposes and are much more comfortable than regular shoes for men. What else do we need?

  • Design: Black Slip On Textured Penny Loafers
  • Material: Leather Upper
  • Sole Type: Fabric Rubber
  • Occasion: Official
  • Style Tip: Add this to your formal wear and sunglasses to look handsome.

8. Red Tape Penny Formal Loafers:


We have another lovely jet-black solid formal official look loafer too! With the lovely glossy finish and elegant finishing, these formal loafers are all for those young men who don’t prefer shoes and instead want a comfy one. They come with cushioned feet, ideal for even long-lasting days.

  • Design: Black Polished Penny Loafers
  • Material: Leather
  • Sole Type: TPR
  • Occasion: Formal
  • Style Tip: Add this to the formal and a blazer; you are ready.

9. Brown Suede Penny Loafers:


The Suede loafers have a unique and vintage look, and we bet no one would deny not fancying having such footwear in our collection. These Dune London suede penny loafers in brown colour are one such dream! Try this one for all those grandeur occasions; it can go with any outfit seamlessly and make you appear elite and stylish.

  • Design: Brown Suede Loafers with Slip-On Variant
  • Material: Suede Leather
  • Sole Type: Fabric and Rubber
  • Occasion: Parties
  • Style Tip: Add this to a fancy party outfit and a tie; this can look amazing.

10. Burgundy Velvet Penny Loafers:


If you are experimental and prefer unique looks and bold vibes, these burgundy-coloured velvet penny loafers are apt. Made with regular slip-on detailing, this velvet loafer is edgy, stylish, and beautiful. These most comfortable penny loafers look contemporary and have a timeless vintage design touch.

  • Design: Burgundy Colored Velvet Penny Loafers
  • Material: Velvet and Suede
  • Sole Type: Leather
  • Occasion: Parties, Weddings
  • Style Tip: Add this to a formal shirt and trousers with a bow and a big dial watch, and we bet anyone can look handsome!

Latest and Fashionable Models of Penny Loafers For Ladies with Images:

Let us look at the top designs of penny loafers for women.

1. High Heel Penny Loafers:


The usual loafers we often look at our flats and do not come with high heels. But if you prefer something sleek and pointed heels into the same variant, these high heel penny loafer dress shoes can be good to go. These black high-heel loafers are beautiful with a round toe and regular slip-on style. From office wear to parties and dinners, they can complement all looks easily.

  • Design: Black High Heel Loafers
  • Material: PU
  • Sole Type: TPR
  • Occasion: Dinners, Official Parties, Formal Looks
  • Style Tip: Add this with skirts and bodycon dresses to look perfect.

2. Synthetic Yellow Penny Loafers:


Most of us haven’t come across these bright-coloured yellow Carlton London penny loafer shoes. These female penny loafers are a must-have in your collection for girls and women who love vibrant and bold looks with unusual experimental and eye-catchy style statements.

  • Design: Yellow Penny Loafers with Slip-On Detailing
  • Material: Synthetic
  • Sole Type: Rubber
  • Occasion: Vacations, Brunches
  • Style Tip: Add this with a floral flared dress and a sling bag to look perfect.

3. Pointed Toe Pink Penny Loafers:


These mild pink-toned penny loafers look feminine, plush and timeless – they can be versatile for both partywear and semi-formal looks. The colour can go with various outfits and is a newfound love for many modern young girls. This can be a good choice if you love feminine and contemporary looks.

  • Design: Pink Penny Loafers with Pointed Toe
  • Material: PU
  • Sole Type: PU
  • Occasion: Parties, cocktail events
  • Style Tip: Add this with dresses and maxis to look perfect, with a tote or sling bag in the same colour.

4. Partywear Silver Penny Loafers:


These textured and metallic silver colour penny loafers are perfect and comfy for a party. These bright-coloured, edgy; loafer shoes can seamlessly go well with any plush and grandeur outfit without high heels or pointed notes on any sides. Further, they are of supreme quality and durable even for a long-lasting day.

  • Design: Silver-Toned Penny Loafers
  • Material: Leather
  • Sole Type: Rubber
  • Occasion: Parties
  • Style Tip: This can go well with satin, velvet, and sequin partywear dresses.

5. White Solid Penny Loafers:


If you love the elegance and class of white shoes, then these penny loafers in leather are a must-have. Made for premium business and professional looks, women in any age group can try them out with first-class formal wear, and we bet they can complement very well. We are in awe of these classic women’s penny loafers.

  • Design: White Leather Loafers with Penny Pocket Detail
  • Material: Leather
  • Sole Type: Rubber
  • Occasion: Formal
  • Style Tip: Add this with formal wear or plush-looking polished dresses to match seamlessly.

6. Melissa Penny Beige Loafer for Women:


Melissa’s loafers don’t need to be described – they have it all – elegance, timeless look, evergreen design and overall comfort with a blend of style. These beige-coloured delicate melissa loafers come with a shiny polished finish with comfort and vintage style. If you like such preferences, you will like this too.

  • Design: Beige Colored Polished Melissa’s Penny Loafers
  • Material: Leather
  • Sole Type: Rubber
  • Occasion: Cocktail Parties, Dinners
  • Style Tip: Add this with a one-piece midi-length flared dress to look good.

7. Bata Wide Penny Loafers:


Bata is one such budget-friendly company brand we all are aware of. Their tan brown regular loafers or women must buy for the regular college and office-going ladies. With a round-toe design, regular styling and a textured look on the upper area, we love how the traditional penny loafers look so casual for regular use.

  • Design: Tan-Brown Textured Slip-On Penny Loafers
  • Material: PU
  • Sole Type: TPU
  • Occasion: Casual, Colleges
  • Style Tip: Denim pants and tees or tops can be good to go with them.

8. Penny Loafers with Tassels:


Who doesn’t like adding extra drama and effect to our style statements? This black-coloured Dune London’s penny loafers come with cute tassels attached to the leather strip. The piece looks pretty and feminine, suitable for women and girls like tassels; everything is cute and sleek. What do you think of this one? We quite love the design! What do you think? These are among the best women’s penny loafers, according to us!

  • Design: Black Penny Loafers with Tassels
  • Material: Leather
  • Sole Type: Synthetic
  • Occasion: Parties, Dinners
  • Style Tip: These can be edgy on dresses and skirts with sunglasses and sling bags.

9. Clarks Penny Loafers:


These comfortable textile-based penny loafers from Clarks are one of our favourites. These round-toe blue regular loafers come with a patterned design on the upper, which is comfortable at the same time and ideal for regular use. These Clark’s loafers are versatile from offices to casual outings – they can easily fit in with various outfits.

  • Design: Blue Clarks Penny Loafers
  • Material: Textile
  • Sole Type: Rubber
  • Occasion: Casual
  • Style Tip: Add this with skirts and dresses for an edgy look.

10. Square Toe Penny Loafers:


You may have often encountered the round-toe penny loafers, but these edgy and simple square-toe loafers are simple, basic, yet timeless. These black women’s penny loafer shoes are the most comfortable, have faux leather material, and can go effortlessly with various occasions and outfits.

  • Design: Black Square Toe Penny Loafers
  • Material: Faux Leather
  • Sole Type: PU
  • Occasion: Casual
  • Style Tip: These loafers can be good when paired with a matching leather bag from denim to dresses.

Whether looking for moccasins or slip-on dress shoes, these penny loafers would be the best fit. They can occasionally be worn for all events, making them suitable for the appropriate attire. Here both men and women have their style of shades and designs on these varieties. You will surely get trendy ones when you are in a genuine search.

Yashita Author

About Yashita

Yashita is a senior content writer in Fashion & Lifestyle. She works involved writing blog posts and articles on diverse topics. She developed a passion for content writing, made it her full-time career. She loves writing for the online media and specializes in fashion, lifestyle and travel-related content. Yashita loves to explore the new places, and the different flavours/foods and photography are hobbies.
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