diff --git a/Cargo.lock b/Cargo.lock
index 3bab152e..89b33102 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1356,9 +1356,9 @@ dependencies = [
 
 [[package]]
 name = "path-slash"
-version = "0.1.4"
+version = "0.2.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "3cacbb3c4ff353b534a67fb8d7524d00229da4cb1dc8c79f4db96e375ab5b619"
+checksum = "c54014ba3c1880122928735226f78b6f5bf5bd1fed15e41e92cf7aa20278ce28"
 
 [[package]]
 name = "pathdiff"
diff --git a/Cargo.toml b/Cargo.toml
index 57b7008d..5672c8c6 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -53,7 +53,7 @@ notify-rust = { version = "4.5.8", optional = true }
 once_cell = "1.13.0"
 open = "3.0.1"
 os_info = "3.4.0"
-path-slash = "0.1.4"
+path-slash = "0.2.0"
 pest = "2.1.3"
 pest_derive = "2.1.0"
 quick-xml = "0.23.0"
diff --git a/src/modules/directory.rs b/src/modules/directory.rs
index 873dfde9..109a9176 100644
--- a/src/modules/directory.rs
+++ b/src/modules/directory.rs
@@ -5,6 +5,7 @@ use super::utils::directory_win as directory_utils;
 use super::utils::path::PathExt as SPathExt;
 use indexmap::IndexMap;
 use path_slash::{PathBufExt, PathExt};
+use std::borrow::Cow;
 use std::iter::FromIterator;
 use std::path::{Path, PathBuf};
 use unicode_segmentation::UnicodeSegmentation;
@@ -63,8 +64,8 @@ pub fn module<'a>(context: &'a Context) -> Option<Module<'a>> {
     let mut is_truncated = dir_string.is_some();
 
     // the home directory if required.
-    let dir_string =
-        dir_string.unwrap_or_else(|| contract_path(display_dir, &home_dir, &home_symbol));
+    let dir_string = dir_string
+        .unwrap_or_else(|| contract_path(display_dir, &home_dir, &home_symbol).to_string());
 
     #[cfg(windows)]
     let dir_string = remove_extended_path_prefix(dir_string);
@@ -89,7 +90,7 @@ pub fn module<'a>(context: &'a Context) -> Option<Module<'a>> {
             let contracted_home_dir = contract_path(display_dir, &home_dir, &home_symbol);
             to_fish_style(
                 config.fish_style_pwd_dir_length as usize,
-                contracted_home_dir,
+                contracted_home_dir.to_string(),
                 &dir_string,
             )
         } else {
@@ -204,13 +205,17 @@ fn is_readonly_dir(path: &Path) -> bool {
 ///
 /// Replaces the `top_level_path` in a given `full_path` with the provided
 /// `top_level_replacement`.
-fn contract_path(full_path: &Path, top_level_path: &Path, top_level_replacement: &str) -> String {
+fn contract_path<'a>(
+    full_path: &'a Path,
+    top_level_path: &'a Path,
+    top_level_replacement: &'a str,
+) -> Cow<'a, str> {
     if !full_path.normalised_starts_with(top_level_path) {
         return full_path.to_slash_lossy();
     }
 
     if full_path.normalised_equals(top_level_path) {
-        return top_level_replacement.to_string();
+        return Cow::from(top_level_replacement);
     }
 
     // Because we've done a normalised path comparison above
@@ -221,12 +226,12 @@ fn contract_path(full_path: &Path, top_level_path: &Path, top_level_replacement:
         .strip_prefix(top_level_path.without_prefix())
         .unwrap_or(full_path);
 
-    format!(
+    Cow::from(format!(
         "{replacement}{separator}{path}",
         replacement = top_level_replacement,
         separator = "/",
         path = sub_path.to_slash_lossy()
-    )
+    ))
 }
 
 /// Contract the root component of a path based on the real path
@@ -424,7 +429,7 @@ mod tests {
         let top_level_path = Path::new("C:\\Users\\astronaut");
 
         let output = contract_path(full_path, top_level_path, "~");
-        assert_eq!(output, "C:");
+        assert_eq!(output, "C:/");
     }
 
     #[test]
@@ -789,7 +794,7 @@ mod tests {
             })
             .path(&dir)
             .collect();
-        let dir_str = dir.to_slash_lossy();
+        let dir_str = dir.to_slash_lossy().to_string();
         let expected = Some(format!(
             "{} ",
             Color::Cyan.bold().paint(convert_path_sep(
@@ -819,7 +824,7 @@ mod tests {
             "{} ",
             Color::Cyan.bold().paint(convert_path_sep(&to_fish_style(
                 100,
-                dir.to_slash_lossy(),
+                dir.to_slash_lossy().to_string(),
                 ""
             )))
         ));
@@ -870,7 +875,7 @@ mod tests {
             "{} ",
             Color::Cyan.bold().paint(convert_path_sep(&format!(
                 "{}/thrusters/rocket",
-                to_fish_style(1, dir.to_slash_lossy(), "/thrusters/rocket")
+                to_fish_style(1, dir.to_slash_lossy().to_string(), "/thrusters/rocket")
             )))
         ));
 
@@ -992,7 +997,7 @@ mod tests {
             "{} ",
             Color::Cyan.bold().paint(convert_path_sep(&format!(
                 "{}/above-repo/rocket-controls/src/meters/fuel-gauge",
-                to_fish_style(1, tmp_dir.path().to_slash_lossy(), "")
+                to_fish_style(1, tmp_dir.path().to_slash_lossy().to_string(), "")
             )))
         ));
 
@@ -1023,7 +1028,15 @@ mod tests {
             "{} ",
             Color::Cyan.bold().paint(convert_path_sep(&format!(
                 "{}/rocket-controls/src/meters/fuel-gauge",
-                to_fish_style(1, tmp_dir.path().join("above-repo").to_slash_lossy(), "")
+                to_fish_style(
+                    1,
+                    tmp_dir
+                        .path()
+                        .join("above-repo")
+                        .to_slash_lossy()
+                        .to_string(),
+                    ""
+                )
             )))
         ));
 
@@ -1198,7 +1211,7 @@ mod tests {
             "{} ",
             Color::Cyan.bold().paint(convert_path_sep(&format!(
                 "{}/above-repo/rocket-controls-symlink/src/meters/fuel-gauge",
-                to_fish_style(1, tmp_dir.path().to_slash_lossy(), "")
+                to_fish_style(1, tmp_dir.path().to_slash_lossy().to_string(), "")
             )))
         ));
 
@@ -1235,7 +1248,15 @@ mod tests {
             "{} ",
             Color::Cyan.bold().paint(convert_path_sep(&format!(
                 "{}/rocket-controls-symlink/src/meters/fuel-gauge",
-                to_fish_style(1, tmp_dir.path().join("above-repo").to_slash_lossy(), "")
+                to_fish_style(
+                    1,
+                    tmp_dir
+                        .path()
+                        .join("above-repo")
+                        .to_slash_lossy()
+                        .to_string(),
+                    ""
+                )
             )))
         ));