The fashion world pondered the future of the iconic shoe after learning that a presidential order might eliminate the penny.

The first detail to look for is a penny strap, which is signature ... grandfather-looking kiltie loafer is defined by cut-leather fringe hanging over the vamp of the shoe. It can also feature ...

J.Crew does the quintessential penny loafer to a T, with a tassel and fringed-leather detail designed to protect the shoe from dirt (but really it also just adds a nice, preppy flair). Why we love ...