The Carter penny loafers from rag & bone are meticulously crafted of a cotton blend and trimmed with premium leather.. Round toe Slips on Leather upper Leather lining Leather sole Imported ABOUT THE BRAND In 2002, rag & bone founder Marcus Wainwright combined his British heritage with a downtown-New York aesthetic to set the tone for the label. At the heart of the edgy-yet-laid-back brand is its focus on quality craft. Center Core - W Trend Shoes > Saks Off 5th. rag & bone. Color: Natural. Size: 37 (7).