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Tassels turn a plain loafer into a dressed one without adding a heel. This is a small, mostly suede and leather rack, and it sits somewhere between the penny classic and something you would wear out in the evening.
See also: Tassel Loafers, Women's Loafers, Women's Suede Loafers, Women's Leather Penny Loafers, Brown Loafers
It is decoration, but it is decoration that carries a particular register.
It fills the front of the shoe
Where a penny loafer has a flat strap, a tassel pair has movement. That reads dressier from across a room, even on a flat sole.
See also: Women's Leather Penny Loafers
It belongs to suede
Most of this rack is suede, and that is not an accident. Matte suede softens the tassel, where a shiny leather makes it more formal again.
See also: Women's Suede Loafers
It needs a plain outfit
One detail at a time. Tassels and a buckle and a print on the same foot is one thing too many.
The tassel is the part that wears first, because it swings against the shoe with every step. Check that it is stitched rather than glued, and give it a brush when you brush the rest.