Classic Loafers are low, leather step-in shoes with tops that resemble moccasins, but have broad flat heels. Classic Loafers have no shoelaces or buckles. Penny loafers are an example of a Classic Loafer and are made of leather for more formal occasions. The design and style of a Classic Loafer will be more traditional with clean lines and sophisticated taste.
About Fringe:
Fringe is an ornamental hanging strip of material placed on edges and used to adorn footwear or items of clothing.