An athletic shoe includes a sole, an upper, a plurality of band-shaped members, and a fastening member. The upper has a toe portion, a heel portion, a forefoot portion and a lower periphery. The upper is secured to the sole and has a plurality of elongated through holes at regions except the toe portion and the heel portion. The band-shaped members are secured to the sole or the lower periphery of the upper and extend upwardly toward an instep of a foot of a shoe wearer. The fastening member is connected to each upper end of the band-shaped members.