Footwear for formal occasions. Dress shoes are usually made of more delicate materials such as suede, silk, satin, patent leather, or peau de soie. Dress shoes often feature eye-catching designs, richer colors, and decorative ornamentation. Examples are business shoes, evening shoes, bridal shoes, and prom shoes.
About Loafers:
Loafers or penny loafers are low, leather step-in shoes with tops that resemble moccasins, but have broad flat heels. Loafers have no shoelaces or buckles. Penny loafers are made of leather and are often worn for formal occasions.