Abstract: A foldable shoe includes a first sole section located under the ball of a wearer's foot including a first outsole portion and a first footbed. The foldable shoe further includes a second sole section located under the heel of a wearer's foot, the second sole section including a second outsole portion and a second footbed. An upper section extends from the first sole section, and a hinge is connected to the first sole section and the second sole section and is configured to fold the foldable shoe from a first position, to be worn, to a second position, for storage. A first magnetic material disposed in the first sole section and a second magnetic material disposed in the second sole section creates a magnetic connection to retain the foldable shoe in first position or second position.