Well if you are looking for loafers red tape wont disappoint you they do have some good collection when it comes to loafers and that too ar an affordable price but I would like to say that you cant rely on their quality blindly because few pairs last good well others fade within few days of use.If you are thinking of formal shoes then I would say that they are good but are not worth that bucks their rivals do have better collection and choices when it comes to formal shoes.Well you can give a try to their sandals their quality is to die for along with a semi formal look.