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There are old protocols of colour combinations. Totally fair to break the rules, but I believe it's something like black shoes are formal so black or grey suit, (dark) tan with blue or grey or dull colours, oxblood with all but burgundy, light tan with brighter colours or linen. There are all those horrid mens' style sites that give some colour combinations.
Of course, looking at the 'new styles' at the leather fairs, there are a lot of bright coloured leathers and more decorative use of multiple colours, so it's probably dividing between class, style, fashion.
Same as wearing brogues in the office. Or unpolished shoes...
I really like oxblood shoes, it's a great colour if you keep them polished and wear them right.
Walking up to the train station yesterday there was a guy in an incredibly sharp blue suit, like BLUE. He had black shoes on. Wear whatever you like but if you're making a statement like that, complete it with a great pair of not black shoes. Oxblood or even suede would have killed it.
The brogueing isn't the problem for the dye, just massive effort for the scrubbing off and reapplying polish.