: a loafer with a strap across the upper originally used for holding a penny
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Stuart Weitzman Stuart Weitzman unveiled a five-piece shoe capsule, ranging from the Elario slip-on sneaker with an apron toe and elasticized back to the Emmanuel penny loafer with a rugged lug sole.—Andrea Onate, Footwear News, 20 Jan. 2026 Fashion risk-takers can try the fuzzy loafer look with these Cushionaire slip-ons, which have a penny loafer silhouette and come in four versatile shades.—Jordan Julian, InStyle, 14 Jan. 2026 In for a Penny, in for a Pound The classic penny loafer, of course, looks great with other staples like a bomber jacket, jeans, and button-ups.—Christina Holevas, Vogue, 15 Nov. 2025 Fast-forward to the 20th century, and moccasins have become a popular casual shoe, combining the sleek elegance of a penny loafer with the secure lacing of a boat shoe—and the comfort level of Ugg boots.—Kelsey Stewart, Glamour, 15 Oct. 2025 See All Example Sentences for penny loafer