Dad shoes just got even cooler. New Balance, the brand that made fatherly footwear fashionable, is teaming up with Loro Piana on a collaborative sneaker worthy of the richest grandpa you know.

After weeks of speculation surrounding a potential collab between the two brands, Loro Piana's chief marketing officer Chris Davis confirmed the news: Loro Piana is bringing its famously sumptuous materials to New Balance's 990v6.

Instead of your usual mesh and leather upper, these ultra-premium New Balances are made with Loro Piana's signature Pecora Nera wool, which the Italian brand, the face of the "quiet luxury" movement, sources from a dedicated partner farm in New Zealand.

Succession-level wealth is a pre-requisite for this release — launching at Loro Piana boutiques on September 5, the collaborative New Balance sneakers are priced at $1,500 a pair.

New Balance has ventured quite a bit deeper into the luxury space as of late.

Last summer, we saw Stone Island lend its experimental fabrics to a collaborative New Balance 991v2, for instance, while in March, Miu Miu's leather New Balance 530 shoes hit the runway, cementing our taste for flat-soled shoes. And we can't forget Junya Watanabe's New Balance M1906 sneaker-loafers.

As Fashion Month approaches, we're expecting to see more high-fashion New Balance collabs debut on the catwalk, though perhaps none quite as monied as those envisioned by Loro Piana.

As for Loro Piana, the label is well-versed in the art of the dad shoe. For years, the brand has been producing some of the highest-end grandpa steppers money can buy (sans any branding, of course).

In short, a Loro Piana x New Balance footwear collab makes perfect sense.

That said, we'll offer the following disclaimer: You probably won't want to run a 5K in these.