The Air Collar by Spiffy Dog is perfect for your water dog. Quick drying, non-chaffing, and resists odor and mildew (helps keep that icky wet dog smell to a minimum), these are the best collars I've found for the pooch that loves to spend his days in the pool or in the lake. Especially for those dogs who are prone to hot spots around the neck, like my Fisher, due to constant wetness.
And, according to their website, the Air Collar "is great for dogs with short hair because it is soft and does not rub on the dogs skin like some leather and webbing collars. This Collar is also great for dogs with allergies to some collars".
My only complaint about the Air Collar are the colors and patterns available - they could be a little less cartoon-y for my taste. There are some fairly decent patterns available (the red stripe and orange reflective are my favorites), however, there just a bit few and far between.
You have a summer wardrobe so why shouldn't your dog?