Collection to debut in July.

Couture sneaker company SneakerLuxe -- which counts former Motown president/CEO Kedar Massenburg as one of its owners -- has partnered with Jacob "Jacob the Jeweler" Arabo for Jacob & Co. Footwear, Billboard.biz has learned. The upscale mens sneakers collection debuts next month at Neiman Marcus' Paramus, N.J., location and Jeffrey in N.Y., with three lines (six styles per line).

The styles, with price points between $250 and $4,000, will range from classic handmade leather to more exotic skins like crocodile and ostrich. Included with these limited edition launch styles is the Jacob & Co. stainless steel bezel with can be replaced with a 2.5 carat diamond bezel. A Jacob & Co. Footwear trunk show June 23-25 at Neiman Marcus' Paramus store will showcase all 18 styles.

Arabo founded Jacob & Co. Jewelers in 1981. Over the years, he has designed jewelry for numerous artists, including Sean "P. Diddy" Combs, Beyonce, Madonna, Bono, Jessica Simpson, 50 Cent, Justin Timberlake and Jennifer Lopez.