From the 210 artists in my music library in the shoegaze genre, these would be my favorite of bands active in the last decade or so. A few of them do not share much in common with MBV or Ride, as they might lean towards the psychedelic or towards electronic (Ulrich doesnt really use guitars, but he gets gazey as hell). Some are from Europe, some from Asia. Some dreampop on the list. A few of them can be found on my Bandcamp fan page (along with other types of music) at
http://bandcamp.com/rougeriderhood (especially towards the bottom of the list). Here is a good group on Facebook for all things shoegaze:
https://www.facebook.com/groups/117377114977962/A*Star, Aarktica, Ac Berkheimer, [aftersun], Air Formation, Airling, Alcest, Alcian Blue, Amusement Parks On Fire, Asobi Seksu, bliss.city.east, Blonde Redhead, bloody knives, Broken Little Sister, Butterfly Explosion, Ceremony (VA one), Colour, The Daysleepers, Dead Heart Bloom, Dead Leaf Echo, Dead Mellotron, Dean Garcia, The Depreciation Guild, Electro Group, Engineers, Exit Calm, Experimental Aircraft, Film School, Foreign Cinema, Foxtail Somersault, Gliss, Glissade, highspire, i am your captain, INSECT GUIDE, Jennifer Lo-Fi, Jenny Besetzt, jesu, Keith Canisius, Lilac Shadows, the Lost Rivers, Lower Heaven, Malory, Manic Sheep, the Morning After Girls, NEVER, Nightmare Air, //orangenoise, Panda Riot, A Place to Bury Strangers, Ports of Call, The Radio Dept., Ringo Deathstarr, SACRED HARMONIC SOCIETY, Sad Day For Puppets, SafeAsHome, Scarlet Youth, School of Seven Bells, Screen Vinyl Image, Seasonscollide, Secret Shine, Sennen, Serena-Maneesh, Shana Falana, She Sir, The Sky Drops, Skywave, The Sleepover Disaster, Snow in Mexico, Soundpool, SPC ECO, The Stargazer Lilies, Stellarium, Sunsplit, Sway, Tamaryn, Tatuki Seksu, Team Ghost, Team.Radio, Tears Run Rings, Thrushes, Tribes Of The City, Ulrich Schnauss, The Vandelles, Vello Leaf, Vidulgi Ooyoo, The Voices, Weekend, Whirr, Young Adults, ZaZa, 93MillionMilesFromTheSun