If it came in black velvet it wouldn’t be “cool.” The appeal is in the sportiness and unique look.
Two years ago I wouldn’t have been caught dead in shoes with a square toe box, but look what has happened. You can’t find a pair of shoes these days that don’t have a square toe and heel. I thought they were ugly as sin when they first came out, but now I even own a pair. I guess it is all in what you get used to.