One of the best ways to style a shearling jacket is to wear it with black skinny jeans. You could follow a more casual route with footwear by wearing a pair of uggs.
Uggs with Shearling Jacket Outfits
If you prefer classic combos, then you'll love this combination of a shearling jacket and white skinny jeans. You could perhaps get a bit experimental on the shoe front and complement this outfit with a pair of uggs.