Every piece has a story behind it, and loafers are no exception. When King George VI decided he wanted a shoe for the interior of his house, shoemakers created the first pair of loafers. Loafers are a type of laceless shoe made of genuine leather. They are a slip-on or moccasin style pair of shoes, which makes them extremely comfortable and easy to wear. Often made of suede, loafers are the perfect footwear for a casual outfit.