sneakerboy liquidation

Give us a call Monday through Friday from 9:00am to 5:00pm EST. Sneakerboy previously fell into voluntary administration in 2015, owing to "conflicting interests of director and shareholders," administrator Michael Carrafa of SV Partners told SmartCompany at the time. 1-800-593-8595 Toll Free or Local (FL) 954-964-3064. Luxury Retail Group is similarly split between Mr Poulakis and Mr Mair, although via four entities. Luxury sneaker retailer Sneakerboy is being pursued by the Australian Taxation Office for $1.2m in unpaid superannuation and taxes. Simon Johanson. You can find more information about a sales wait times on our Customer Service page under the "Shipping Information" Subheading.We understand these delays can be an inconvenience and we apologise wholeheartedly for this.Were looking forward to you receiving your order but please reach out to help@sneakerboy.com if you have any further concerns.Kind regards, Sneakerboy. Our diversity of resale channels, from brick and mortar stores to overseas markets, allows us to maximize the value of each product category. Five companies were included on the notice, Sneakerboy Pty Ltd and two related companies under the Sneakerboy name, and Luxury Retail Treasury Pty Ltd and Luxury Retail Group Pty Ltd (Sneakerboys parent company). Hi Eric,Thank you for taking the time to leave us a review.We're so sorry to hear that you haven't have a good experience with us here at Sneakerboy.Unfortunately - and like a lot of other businesses - we have been experiencing some delays in shipping orders due to extenuating factors outside our control. I ordered the recent Essentials drop, its been almost two weeks and I still havent gotten an update from them. 2023 Quicklotz Cult shoe store Sneakerboy facing winding up action over unpaid Qld store rent A luxury shoe and streetwear retailer with stores down the east coast is facing liquidation after its Gold Coast landlord took it to court for failing to pay rent for more than a year. During these sales, you can pick up some awesome shoe liquidation truckloads at ridiculous prices. Our site will be temporarily unavailable during this time. Thank you for your understanding! . These liquidation truckloads are offered at a supremely heavy discount compared to their market price. !I will definitely bring this matter to fair traiding and police if required. And remember: our customer service reps are there to help and assist you at every stage of the buying process. As a student, this is really, truly heart-breaking. Sneakerboy, which ran stores in Sydney, Melbourne and on the Gold Coast, collapsed in July last year. Hamilton and Murphy liquidator Stephen Dixon said in a report to the Australian Securities and Investments Commission (ASIC) in December that Sneakerboy attributed its financial hardships to the pandemic. Moreover, these are high-quality goods with their original packaging and tags intact. translation missing: en.general.accessibility.unit_price_separator, 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. With a complete source of wholesale fashion, electronics, and home improvement items, get the best deals near you! Free to sign up. Copies of documents filed may be obtained from the plaintiff's address for service. Is your heart stuck on the pair of Nike Air which you saw in the showroom the other day? Please look for an email from Hamilton Murphy outlining the actions around past orders. Follow the topics, people and companies that matter to you. Until, they finally responded with "what do you want then? According to a Personal Property Securities Register (PPSR) and filings with the Australian Securities and Investments Commission, Stephen Dixon of Hamilton Murphy was appointed administrator by Sydney-based financier Octet Finance. Staff were told on Friday afternoon that they were being made redundant after the company failed to find a buyer. Just a week before Sneakerboy collapsed, with $17.2 million owed . These discussions are now being urgently escalated by the administrator as part of the voluntary administration process.. my order numbers are 324000 and 323459, Hi Anthony,Thank you for taking the time to review Sneakerboy. April 2, 2015. An application for the winding up of Sneakerboy Pty Ltd was commenced by the plaintiff Adidas AG (HRB 3868) on 16/03/2020 and will be heard as set out below. In one word: profits. The Reserve Bank of Australia is tipped to increase the official cash rate by 0.5 percentage points on Tuesday, following an equivalent rate rise in June, and a 0.25 percentage points rise in May. We also ensure all reviews are published without moderation. Together we have achieved this milestone in the history of ourcompany." If you wanna cancel the order and refund, thats fine but atleast communicate. This has to be the biggest joke. We assure you well get to your enquiry as soon as possible and thank you for your patience.Kind regards,SNEAKERBOY. However, it re-emerged following a sale to "a party relating to one of the directors," Carrafa said. Nationwide News Pty Ltd 2023. Sneakerboy | 1,928 followers on LinkedIn. It goes against our guidelines to offer incentives for reviews. No one has called me and I cant get in touch with anyone to even get an update, one person said. A short statement on Sneakerboys website said Sneakerboy is in Administration. Sneakerboy today announced that Stephen Dixon of Hamilton Murphy Advisory has been appointed as voluntary administrator Hamilton Murphy Advisory said in a statement. Worst experience I have ever had with a retailer. Hi Noa,Thank you for taking the time to review Sneakerboy. Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. EST 2012 | Established in 2013 as an innovative hybrid model that fuses the best physical elements of bricks-and-mortar with . Add to Cart. A number of companies hold security interests over Sneakerboy, including local subsidiaries of footwear brands ASICS and Nike, according to searches done by The Australian Financial Review. We Ship to various locations throughout the USA and overseas. (did we mention that already? By David K. Li and Pei-Sze Cheng / Workplace Matters, No one has called me and I cant get in touch with anyone to even get an update.. JA. Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. "We thank God first, and we thank all our customers, suppliers, and the passion of our team. Hundreds of customers flock to grab their bargains Our bin section is loaded with incredible merchandise and sold at a flat price depending on the day of the week. Sneakerboy Pty Ltd: ACN: 603 960 961: An application for the winding up of Sneakerboy Pty Ltd was commenced by the plaintiff Commissioner of State Revenue on 13/11/2019 and will be heard as set out below. Clothing . Sneakerboy closed its Brisbane store and removed its listing from its website in early April, leaving it with three stores in Victoria, at Southwharf DFO, Chadstone Shopping Centre and a flagship store on Little Bourke St, as well as a store on George St, Sydney. If you guys are reading this (STAFF) my order # is ORDER 317094 its a shame it has to come down to this. Carrafa says the successful sale demonstrates the benefit of seeking help from administrators at an early stage. Demand for goods tends to be high and your favorite truckload might get sold to someone else if you arent quick enough. The difficult but prudent decision has been made to initiate the voluntary administration process. The latest stories, funding information, and expert advice. Add to Cart. Selling shoes online, therefore, is an extremely lucrative and profitable business. As a result, your margins tend to be hefty and lucrative when you sell these products through your online store. Elliot* worked for Sneakerboy from 2017 and is owed $15,000 from 220 hours of annual leave and roughly 12 months of superannuation that he never received after quitting in January this year. A major supermarket and union have clashed after the downfall of a major transport company was announced resulting in 1500 job losses. The company operates three retail stores in Melbourne and one in Sydney, along with an online retail portal. Keep in mind i ordered it 3 weeks before I was meant to leave. On Saturday, The Australian Securities and Investments (ASIC) published a notice stating Stephen Dixon of Hamilton Murphy Advisory has been tapped as administrator for Sneakerboy Pty Ltd and two related companies using the Sneakerboy name. SNEAKERBOY PTY LTD (IN LIQUIDATION) 161 754 463 | Creditors' Voluntary Liquidation | Appointment | | Published : 10/04/2015 | ASIC Notice Details Save Search Home > Browse/search notices > Notice Details Decrease text sizeIncrease text size Printer friendly formatEmail this page Notice Back to search result Corporations Act 2001 These discussions are now being urgently escalated by the Administrator as part of the Voluntary Administration process, it said. The business, which sells shoes like Balenciaga and Canada Goose for well north of $1000, has faced scandals and multiple wind up orders in recent years. We need an update. Find out more about our policy and your choices, including how to opt-out. Messages left on instagram, seenzoned. Im in a similar boat to a lot of other customers. *By completing this form you're signing up to receive our emails and can unsubscribe at any time. Sneakerboy sells upmarket footwear and streetwear, with some Balenciaga sneakers on its walls reaching north of $1500. I realised that they were fake, cause the paint or whatever it was, came off from the mid sole. Together we have achieved this milestone in the history of ourcompany." Companies can ask for reviews via automatic invitations. The report estimated the company owed $1.7 million in employee entitlements, including almost $1.3 million in superannuation. Sneakerboy has been left with just four retail stores - three in Melbourne and one in Sydney, and an online store. I am furious!!! Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with pioneering a luxury retail revolution by The Business of Fashion. Absolutely horrified at my experience with Sneakerboy! We will be providing an update on the status of your order as it progresses, however if you wish to cancel your order as a result of these delays, please email us at help@sneakerboy.com and we will respond as soon as we can. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. Embattled luxury footwear and streetwear retailer Sneakerboy is up for sale after falling into administration due to financing problems. Sneakerboy, which sells high-end footwear brands such as Balenciaga for more than $1000 a pair, had external administrators appointed by Sydney-based financier Octet Finance, as well as to four other related entities, including operating company Luxury Retail Group, on Saturday. Do you even give me a refund?My oder number 301662, Hi Kim,Thanks for your review.We're sorry to hear of this experience and assure you your refund request has not been lost.Please email help@sneakerboy.com for our team to action your refund urgently. "We thank God first, and we thank all our customers, suppliers, and the passion of our team. The business, which sells shoes like Balenciaga and Canada Goose for well north of $1000, has faced scandals and multiple wind up orders in recent years. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) Appointee/Solicitor Name. Hi Mel,Thank you for taking the time to review Sneakerboy. I will not be shopping again and will be taking this further! It's been out for delivery now for over a week and the delivery carrier has told me they have not requested a shipping label yet and they cant pick it up. After that i did receive a authentic pair, but this is ridiculous. HI Reian,Thank you for taking the time to share your experience with us.We're sorry to hear that you have not yet received your order. They dont have stocks but still advertising and accepting orders. Just posting this to spread awareness for others really. Disgusting! Wholesale Liquidation Overstocks Bulk Returns Nike Jordans Levi. Unfortunately during busy sales period orders can be subject to additional processing and shipping times however we are working hard to get products out to our customers as quickly as possible. We thank you for your ongoing patience with us during this time and we look forward to resolving this for you.Kind regards,SNEAKERBOY, I recently ordered from the new essential drop and after purchasing, my items were put on backorder. The conflicting interests of director and shareholders was really to the detriment of the trading operations but it seems through the voluntary administration process it traded well, he says. And they were saying that is a system problem and asked me to wait, I never get my invoice and tracking number. Jun 17, 2022. There are no funds available, nor is there any Sneakerboy stock remaining, which could be used to utilised to satisfy any outstanding orders or process refunds, the letter said. Sent an email to get a refund, got an automated generic response. The telephone number for Luxury Retail Groups corporate headquarters in Melbourne remained disconnected on Tuesday. Another said: Hi, if you guys dont ship my order, I am going to file a chargeback with my bank as you are not responding to my emails either.. I tried to get a refund, but they said they would inspect the sneaker to ensure it was fake. That's because when you purchase from conventional wholesalers, you have to purchase the same brand or product in bulk in order to get a discounted price. 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. But only two months earlier, it was promoting a sale, offering up to 60 per cent off of shoes, many of which would ultimately never be delivered. The accessory solves a daily problem encountered by owners of Frank Greens 34oz/1 litre ceramic drink bottles but the story of its design is a quirky one that involves TikTok, Bunnings and painted PVC pipes. Even the order of husband, they didnt send it. Any person intending to appear at the hearing must file a notice of appearance in accordance with the rules, together with any affidavit on which the person intends to rely, and serve a copy of the notice and any affidavit on the plaintiff at the plaintiff's address for service at least 3 days before the date fixed for the hearing. If you have any further questions please emailhelp@sneakerboy.comas this is the best avenue for communication and questions to be answered.Kind regards,SNEAKERBOY, These guys dont respond to emails, didnt apply a discount they said they would for one order, now its come to light another order i made on the same day they havent shipped 6 weeks later!They responded on here "please email helpdesk" i did, guess what 10 days later no response, ive never seen worse reviews or scamming from sneaker shop. Scam! Sneakerboy was contacted for further comment. Daily Go ahead and pick your favorite shoe liquidation truckload. But administrator Michael Carrafa of SV Partners told SmartCompany Sneakerboy ran into trouble after a dispute between Kyvetos and one of the shareholders. Run this search agent and email me with matches: Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM Police & Courts In April, AMP Pacific Fair, operators of the Gold Coast Pacific Fair shopping centre,filed a winding-up order in the Queensland Supreme Court. All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. What do you get in return? Do not buy from them. Customers at a luxury Australian sneaker store are unlikely to receive compensation for shoes they bought, and didnt receive, shortly before the store went into administration. Octets charges over Sneakerboy and Luxury Retail Group include all present and after-acquired property no exceptions. A creditors meeting will be held July 13. Reasons, Why Liquidators are the Best Wholesale Suppliers today? July 6, 2022 - 7:27AM NCA NewsWire Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. Therefore, please feel free to get in touch with us in case you have any questions. $499.00. Im actually exhausted off this company now order number 321701 and 310206PLEASE DONT BUY FROM SNEAKERBOY, Hi Tyrone,Thank you for taking the time to leave us a review.Unfortunately like most other companies, during busy sale periods there are likely to be picking and shipping delays while we work through higher volumes of orders. No delivery No refund. AU. Please look for an email from Hamilton Murphy outlining the actions around past orders. Scam! SmartCompany acknowledges the Traditional Owners of the many nations across Australia, and pay our respect to Elders past and present. Hi everyone see the below from the administrators on orders:All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. If I could leave zero rating I would. Sneakerboy has previously faced wind-up actions from footwear brand Adidas in 2021 and the Victorian Commission of State Revenue in 2020. Internet divided over gross find in bulk buy bargain at major retail chain, Urgent recall: Noodle buy pulled from Victorian stores amid reaction fears. An investigation is now underway to determine whether Sneakerboy traded while insolvent. I purchased a $200+ sweater over two months ago. Most people like to buy all their shopping needs under one roof so ensure that you stock as many varied kinds of footwear as possible. Kyvetos unique retail strategy involved no till, no fixed point of sale and no on-site inventory at Sneakerboy, with all stock stored in Hong Kong. We recognise that their sovereignty has never been ceded. Here youll find some of the best shoe liquidation truckloads that you can use for starting up your online business. Footwear giant Adidas filed its ownwinding-up order in March 2021,while theVictorian State Revenue Office sought a wind-up in April 2020. Our liquidation truckloads are sourced from some of the largest retailers in the United States. Quicklotzis among the top 5,000 fastest growing private companies in America. With our versatile shoe liquidation truckloads, you can run your very own part-time or full-time business you always dreamed of. A recent letter to creditors, seen by 7NEWS.com.au, says the company has no funds available to carry out compensation for victims. Monthly, on February 18, 2021, between 9:30 pm and 10:30 pm. Technology, diversification, multiple resale channels, demographics, worldwide supply and demand, 13+ years of experience, are just some of the parameters we use to optimize recoveries. Its always great to get us in earlier as there is a better chance of survival, in this case they got it early and there was a solution, he says. Hi,Thank you for taking the time to leave us a review and share your experience with us.Here at Sneakerboy we pride ourselves with providing topnotch customer service and a seamless and easy shopping experience and we're so sorry to hear this is not the case.Unfortunately during busy sales events there can be delays in picking and shipping orders and apologise that this has inconvenienced you.Please reach out to us at help@sneakerboy.com with your order number and SBiD and someone will be in contact with you as a priority to look into your order status for you.Kind regards,Sneakerboy, Ordered online last May 26, 2022. Thank you for your understanding! Cheers and singing as 'disorderly' woman booted of Jetstar flight. Luxury Retail Group is similarly split between Mr Poulakis and Mr Mair, although via four entities. I have sent emails and messages to there instagram and have still not got a response. To check whether the company was wound up following publication of this notice, search the ASIC database using the ASIC Connect function on ASIC's website www.asic.gov.au, Only notices after 01/07/2012 are available on this website. SNEAKERBOY in Little Bourke Street. Sneakerboy, which sells luxury sneakers and street wear, collapsed into administration on Saturday. Hi Evelyn,Thanks for taking the time to share your review. I have been told that my order (319052) was going to be dispatched from their Melbourne store. I have never had to follow up this much. However, he said that poor business management was also a prominent factor. I am working with the Department of Employment and Workplace Relations to verify the Companys outstanding employee entitlements, Dixon wrote. Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers cashed-up tourists and students disappeared. Our liquidation truckloads are sourced from some of the largest retailers in the United States. Also, in order to diversify your inventory, pick different kinds of truckloads so that your customers have more choice when they purchase. 6 weeks for orders to ship. Poor culture and poor management, Hi Andy,Thanks for your review.We appreciate this feedback and we're sorry to hear we have not provided the best experience with your order. But is this really the case? I will be taking this to consumer affairs and will be filling a complaint! Order says shipped but doesnt go through the process of courier picking package up.Poor business, I suggest everyone be careful purchasing from this company! Sneakerboy is about maximising retail space with online efficiency. This notice does not mean that the company was wound up. Luxury sportswear stores. I will not be collecting the item as I do not have the time, hence why I paid for delivery in the first place. Follow the topics, people and companies that matter to you. All orders pre-dating July 2, 2022 please contact Hamilton Murphy on (03) 8866 7600. Free to sign up. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Get the latest business news, funding information, and expert advice. The voluntary administration appointment has been made due to short-term financing difficulties being experienced by the company, administrators Hamilton Murphy said in a statement. Kind regards,Sneakerboy. we can only give you a credit refund". Sneakerboys collapse into administration brush is not thefirst challengeto face the company. With these shoe liquidation truckloads, you find an assortment of goods from different brands within the same shipment. Say goodbye to paying extra. Email Max Mason on max.mason@afr.com from a secure non-work device. At the time,The Herald Sunreported Pacific Fair was chasing the company for nearly$300,000 in unpaid rent. Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. Twenty-two former employees have made claims for unpaid entitlements. Editors note: The author of this article is a customer who was impacted by Sneakerboy going into administration. Cult shoe store Sneakerboy facing winding up action over unpaid Qld store rent A luxury shoe and streetwear retailer with stores down the east coast is facing liquidation after its Gold Coast landlord took it to court for failing to pay rent for more than a year. Stop trying to hide people into the email section and then ignore them, you guys are crooks and Ill be contacting all avenues until I either receive my order or a full refund (not a credit), honestly disgusting how things are done. Luxury footwear and fashion retailer Sneakerboy faces a new test after administrators were appointed to oversee the embattled retail chain. Calls to Sneakerboys Melbourne CBD flagship store went unanswered Monday morning. Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. Please look for an email from Hamilton Murphy outlining the actions around past orders. People who write reviews have ownership to edit or delete them at any time, and theyll be displayed as long as an account is active. If you have already emailed us with this request, we thank you for your patience and assure you we will get to your request as soon as possible.Kind regards,SNEAKERBOY, I purchased 2 balenciaga in March 3 months later I have only received 1 the other is still on back order. Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with . Lotz International, LLC. We are readily available from Monday through Friday. After purchasing a rick owens island dunk and finally receiving them after 3 weeks. The Australian fashion label went into liquidation last Friday with Matthew Kucianski of Worrells appointed as the liquidator. Established in 2013, SNEAKERBOY was founded on the idea that sneakers and streetwear were becoming icons of luxury. Here are 8 tips for writing great reviews. Still hasnt arrived. A whopping $500,000 is also owed to 120 past and current staff members through unpaid wages and entitlements. The retailer sells luxury sneakers, priced at up to $1600 for a pair of Giuseppe Zanotti sneakers, online and through two stores in Melbourne and Sydney. Cut your business cost by half by saving on the transportation cost, salaries of employees and a rented workplace. Looking for a new job or job candidate? Quicklotzis among the top 5,000 fastest growing private companies in America. !I've been trying to get in touch for over a month regarding an Essentials sweater that was "supposedly" in stock. With our services, you can start your business online in no time and serve your customers high-end products with huge margins. 18March2021. Dont purchase anything from them, clearly there is something fishy going on. The retailer, which sells brands such as Alexander McQueen, Valentino, Dior, Nike and Adidas, was forced to close stores during lockdowns through 2020 and 2021. James Chou was among those who took up the deal, paying $400 for a pair of Alexander McQueen sneakers he never received. Technology, engineering, professional services and sales roles are among Australias most sought-after job titles according to LinkedIn data. . Sneakerboy owes money to 57 firms, with only two secured creditors - Octet, which is owed nearly $2.8 million, and Luxury Retail Treasury Pty Ltd, which has 12.3 million in payables . However, it had failed to confirm their intentions to fulfil prepaid orders, accept gift vouchers or honour any exchanges or refunds. However, it re-emerged following a sale to a party relating to one of the directors, Carrafa said. Well, we will say youre on the absolute right page. Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. Be honest, dont treat (people) like that plus I wont ever buy stuff from them again, he said. Pacific Fair, a shopping mall on the Gold Coast owned by AMP Capital, applied to wind up Sneakerboy in April after it allegedly failed to pay rent for more than a year, in an application made to the Supreme Court of Queensland. Conceived as "The Luxury Sneaker S See more 81,778 people like this 82,686 people follow this http://sneakerboy.com/ +61 2 9221 1877 help@sneakerboy.com Clothing (Brand) Privacy Policy https://www.instagram.com/sneakerboy/ Photos Simon Johanson. We apologise for any inconvenience caused and assure you your order will be in transit with our courier shortly. Category. $20.00. Please look for an email from Hamilton Murphy outlining the actions around past orders. Hamilton Murphy Advisory said the companies have previously held discussions with parties who have expressed an interest in purchasing the business. Kind regards, Sneakerboy. Also if youre a small businessman, there is a great advantage in purchasing shoe liquidation truckloads. Thats because we often have special discounts (in addition to the ones that we already provide) especially after festivals and special occasions such as Black Friday. Well, purchasing branded shoes from the market can be a little hefty for your pocket. Hamilton Murphy declined to comment when contacted by 7NEWS.com.au while Fraser Group did not respond. Up untill now I still haven't got any updates and the status till states thag it's on "Backorder". Administrators were appointed to Sneakerboy, which sells high-end footwear brands such as Balenciaga for more than $1000 a pair, and four other related entities, including operating company Luxury Retail Group, on Saturday. Julie Ann. No update. AMP Pacific Fair, a shopping mall owned by AMP Capital on the Gold Coast, applied to wind-up Sneakerboy in April after it allegedly failed to pay rent for more than a year, in an application made to the Supreme Court of Queensland.