These Classic Cole Haan Penny Loafers Are Over 70% Off Right Now
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In This Story
Why We Love This Deal
A pair of classic, no-frills penny loafers is the kind of wardrobe essential that will never go out of style. Its roots can be traced back to Norwegian fishermen, but many Americans know them from their time in the spotlight on Ivy League campuses in the mid 1900s. Most guys have a favorite brand and style, but Cole Haan is one that consistently delivers. Now, you can get a pair of them for under $80.
Usually priced at $308, Nordstrom Rack is now selling the Cole Haan Newmark Grand Penny Loafers at just $80—a huge 74% discount. The only colorway on sale at the moment is the British Tan and dark brown silhouette featured here, but this is the color (other than plain black) that will be the most versatile.
Cole Haan Newmark Grand Penny Loafers, $80 (was $308) at Nordstrom Rack
What Shoppers Should Know
- Upper: Leather
- Sole: Rubber
- Construction: Penny loafer, low stacked heel
- Best For: Smart casual, office wear, dressed-up everyday wear
Cole Haan’s dress shoes are great because they look good, but actually feel good to wear all day, too. These penny loafers are no exception, made with a smooth leather upper and a penny keeper strap for a classic look that’s not stuffy, and a low stacked heel for enough lift to dress it up.
Comparable penny loafers from Cole Haan’s own lineup regularly sit at $150 to $200 at full retail, and most sales will see them around the $100 price point. For $80, you’re getting a pair of loafers that look and feel like they cost significantly more (and in this case, they actually do).
Related: Cole Haan's Classic and 'Comfortable' Derby Shoes Are Nearly 80% Off
What Shoppers Are Saying
Reviews are still coming in at Nordstrom Rack, but there are a handful of Google Reviews to check out. One of those reviewers wrote, “Cole Haan consistently delivers exceptional quality, and this pair is no exception. The materials and construction are clearly top-notch.”
Cole Haan’s shoes are always reliably high-quality, and as for the fit and feel, one shopper said, “They fit well, and the leather is supple,” and another wrote, “Fit perfectly and comfortably as soon as I took it out of the box.”
The Cole Haan Newmark Grand Penny Loafers are available now for $80, and getting a classic pair of genuine leather loafers for under a hundred bucks is always a good deal. Since this is the only color on sale, you should get a pair soon before sizes start to run out.