The tassel loafer is an American invention , being introduced to the footwear market after the Second World War . Alden , the famous Massachusetts – based shoemaker , claims to have produced the original .
In the early 1950’s, they were often two – toned,with the vamps being white and the rest of the upper being another color . When Brooks Brothers introduced the style into their storefronts a few years later, that cemented the tassel loafer’s status as a preppy , country clubby shoe .
Since then, they’ve indeed been popular with the preppy set , but they’ve been popular with American business men as well . Lawyers , bankers , and stock brokers nave a reputation for wearing tassels . As visibly successful men in these professions tend to not be under forty , it’s no surprise that this shoe isn’t associated with youth .