A ventilating shoe including a removable deodorant and/or a perfumed pad includes a water resistant sole, an upper shoe portion and connecting means for fastening the sole to the upper shoe portion. A series of closely spaced small openings are disposed between the sole and the upper shoe portion surrounding the shoe with the exception of a back portion thereof. In addition, an open porous pad impregnated with a deodorant and/or perfume and a longitudinally extending air chamber are provided.