It's probably the product of some local sculptor, obsessed with animals in shoes. Sounds silly, but I know of a similar case.

The literary big shot in Canada is Margaret Atwood. Less well known is her sister, who sculpts in clay. I used to know the a couple of the kids from the family, who were Margaret Atwood's nephews. Oddly, the author herself looked a lot like an eldery version of one of the brothers in drag. Not that I ever knew Robert or Evan to dress in women's clothing, mind you.

Anyway, the other Atwood woman was obsessed with sculpting elephants. She made hundreds of them. It wasn't a true obsession, because she sold them to trendy little gift shoppes in a gentrified neighborhood downtown. It used to be the hippie hang-out, but as it attracted the hip more than it did hippies, it gradually turned into a chic shopping district. The Atwood elephants were everywhere.

I actually own one. By complete coincidence I found one of the Atwood sculptures in a second hand junk store in the Farmer's market area. You can't find a less chic neighborhood than that, though its very popular with anyone who wants fresh coffee beans, real cheese, spices from all over the world, or fish. Anyway, it was only a buck, so I bought it. I've always wondered what it cost in the trendy gift shoppes. A lot more likely something like fifty bucks. I think one dollar is closer to its real value.

The sculpture isn't just an elephant though. It's a cartoony elephant, like that cartoony giraffe of yours. But instead of a shoe, its all tangled up in the strings of a tennis racket. I've also seen Atwood elephants in toothpaste tubes and other, supposedly, amusing situations.

So I supect your giraffe in a shoe is something like that -- a local Atwood who sculpts them and maybe makes a few bucks doing it.

To quote the Internet...

Pix or it didn't happen.

The two figures may have similar imagery, but when I look at the details they don't seem so similar.

Specifically, the one on eBay appears to be more like a doll fitted to a real shoe. The one you posted here on FA looks more like a single-piece build or casting. (For a one-only item, I'd think build.) I'd say different artists with the same crazy idea.

How thoroughly have you examined your figurine?

Looks like the eBay one is inspired by the other, I'm guessing. One hell of a coincidence if two people thought of THAT.

I dunno - both Donna Barr and some eastern European guy did a tone of work on a German-ish Centaur who winds up on a battlefield, totally independent of one another.