I know that these blue velvet loafers are so Elvis but I want them.
Cooperative Velvet Loafer, $34 from Urban Outfitters.
Sidenote: When I was working at my old job we were building a few bikes for Mickey Rourke. The first time he came in he tried to channel Elvis. He wore blue velvet loafers, tight black leather pants, a white button down, and a blazer. Attempt - Fail. However, I still want the shoes. I will just style them better :)