Loafers are classic slip-on shoes ('loaf' — to idle) with a low instep and a comfortable, easy entry for the foot. Born as informal footwear, they quickly gained a status reputation. There are several canonical varieties: the penny loafer with its characteristic saddle strap across the instep; the tassel loafer with decorative tassels; the horsebit loafer with a metal snaffle buckle (a Gucci classic). Loafers are the ideal compromise between the elegance of shoes and the comfort of moccasins: appropriate both with a suit (preppy, Italian style) and with denim or chinos. They are worn barefoot in summer or with thin socks. It is versatile, timeless footwear that adds an effortless, slightly aristocratic polish to a look.