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The Penny

The Penny

Regular price $325
Regular price Sale price $325
Color | Black Suede
Black Suede
Chocolate Suede
Caramel Suede
Size | 34.5 (US 4.5)
This style runs true-to-size —
Width | Medium
This style's width is true-to-size —
A standard width throughout
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Comfort came first when rethinking the classic penny loafer. We pair an ultra-luxe Italian suede with an innovative unlined construction for unparalleled comfort and a glove-like fit.

  • Flexible unlined construction for a glove-like fit
  • Luxe, Italian calf suede upper
  • 5 mm of plush foam padding
  • Handmade in Spain

Size Guide

US 3 3.5 4 4.5 5 5.5 6 6.5 7 7.5 8 8.5 8.5-9 9 9.5 9.5-10 10 10.5 11 11.5 12 12.5 13 13.5 14
EUR 33 33.5 34 34.5 35 35.5 36 36.5 37 37.5 38 38.5 39 39.5 40 40.5 41 41.5 42 42.5 43 43.5 44 44.5 45

Every brand's US-to-European conversion is different, so we recommend selecting based on your typical US size. Questions? Contact us by chat, text, or email.

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5 Star Reviews

"So comfortable you won’t want to take it off!"

Roopsha S.

"An immediate wardrobe staple."

Gina W.

"The prettiest, most comfortable loafer I’ve ever owned."

Caroline M.

"Look so cool and are heavenly comfortable."

Robin S.

"They feel like butter right out of the box and look fantastic."

Ibis S.

The classic loafer, reimagined

Our modern riff on the penny loafer is unlined and ultra-flexible, allowing for a glove-like fit right out of the box. Luxurious Italian calf suede provides a beautiful texture, color, and softness. Add a rubber-tipped leather sole, supportive insole, and plush foam padding, and you have one of our most comfortable shoes, ever.

Discover the Margaux difference

Quality and craftsmanship are our hallmarks, transcending time and trend—and delivering both style and comfort with every step

Luxe materials

High-quality Italian leather molds to your feet with wear.

Cushioned feel

A plush 5mm layer of foam adds a cloud-like feel to every insole.

Perfect placement

Every strap, buckle, and line was carefully considered to maximize comfort.

Asked Questions

How do I know my size in The Penny?

The Penny is an unlined shoe made for a glove-like fit. They will feel snug the first time you slip them on before quickly loosening for a roomier width, molding to your foot within one to two wears. Some customers find it helpful to use a shoe horn when slipping on their pairs, so we've included one in the box with your shoes.

How do I know my width in The Penny?

Medium width is considered standard, so if you generally find standard widths comfortable in other shoes, we suggest taking a Medium. However, if you find that other shoes often pinch or feel too tight around the ball of your foot, the Wide is a fantastic option to try. It is made on a combination last, with the toe box being the only area that is wider (it's also a great option to try if you have bunions). The Narrow will be more narrow throughout the entirety of the shoes; it's a good option if you find your foot frequently slips or feels insecure in a standard width.

How do I care for my Penny?

Our Penny loafers are made from a soft, Italian calf suede, a luxe and surprisingly durable material. Marks and scuffs to the suede can be gently removed using a suede brush and cleaning spray, like those provided in our suede care kit. Regular treatment with a protectant spray can also help prevent signs of future wear.

How does the fit compare to other styles?

The Penny is a soft, unlined, and unstructured shoe designed for a glove-like fit. It will have less body than our more structured flats, like The Pointe.

More questions? Email us at or chat with a specialist now.