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Loafers are a staple that should be in everyone's shoe collection, but there's lot to sort through if you're looking for the perfect pair. There are multiple variations on the style, too: penny loafers, derbys, mules, platforms, and heeled versions, to name just some of the loafer mutations out there. For starters, let's talk about what, exactly, a loafer is: Lauren Bucquet, designer of shoe brand Labucq, says they're loosely defined as "a slip-on shoe without any laces with stitching around the front." Another factor that can make your decision even harder is the comfort factor. Some styles are quite stiff at first and and require a longer breaking-in period, while other pairs can be clunky or way too narrow.