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Cole Haan’s 'Comfortable' Penny Loafers Are Almost 50% Off, and Shoppers Say They’re 'Really Nice' for the Price

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No one knows style quite like Cole Haan does. The fashionable brand’s dress sneakers, travel shoes, and other kinds of footwear are always a hit, especially when they're on sale at Nordstrom Rack. That explains why the retailer is offering nearly 50% off these highly-rated Cole Haan loafers right now.

Cole Haan’s Pinch Prep Penny Loafers are on sale for $120, which is $108 off the original $228 price tag. These kicks boast a 4.3-star rating at Nordstrom Rack and come with free shipping, too. They range in sizes 7 to 13 and come in four stylish colors that all feature the same 47% markdown.

Cole Haan Pinch Prep Penny Loafer, $120 (was $228) at Nordstrom Rack

Courtesy of Nordstrom Rack

There’s no question that these Cole Haan penny loafers are worth every penny. The high-polish leather shines and makes these shoes perfect for every dressier occasion, including summer weddings and upcoming graduations. The slim penny slot vamp gives them a classic look, while the supportive rubber sole provides new-age comfort that didn’t exist in older loafers. As for the coloring, you have plenty of great options to choose from. The Black Brushoff colorway looks like it's fresh off a shoe shine stand, while the Dark Chocolate and Dark Chocolate Brush Off options are similarly clean and classy. For a lighter look, there are also the Birch Beige loafers that seem appropriate for any outing, fancy or not.

“Great pair of slip-on loafers,” one shopper said. “They’re really nice and comfortable for the price. This was my first pair of loafers I’ve had, and I like them a lot.”

Cole Haan Pinch Prep Penny Loafer, $120 (was $228) at Nordstrom Rack

Courtesy of Nordstrom Rack

“Five stars,” another reviewer began, before lauding them for their “beautiful color."

Cole Haan’s Pinch Prep Penny Loafers are not 47% off very often, and the brand’s shoes usually go fast at Nordstrom Rack. As a result, you should add these to your virtual cart ASAP, because you don’t want to loaf around and miss this deal.