An investigation is now underway to determine whether Sneakerboy traded while insolvent. Just a week before Sneakerboy collapsed, with $17.2 million owed . They have ignored my emails and request. Luxury retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. If my parcel is waiting for collection whats the carrier company and reference details, a frustrated customer asked. Run this search agent and email me with matches: Together we have achieved this milestone in the history of ourcompany." We welcome you to visit us at our Pembroke Florida location. The difficult but prudent decision has been made to initiate the voluntary administration process. Sneakerboy, which ran stores in Sydney, Melbourne and on the Gold Coast, collapsed in July last year. Selling shoes online, therefore, is an extremely lucrative and profitable business. Weekly !I've been trying to get in touch for over a month regarding an Essentials sweater that was "supposedly" in stock. Struggling luxury footwear and streetwear retailer Sneakerboy has had external administrators appointed by a Sydney-based finance group, as a number of companies within the retail group face wind-up actions across Australia. Notice is given that, on the resolution date set out below, the Company is taken, because of paragraph 446A(1)(a) to have passed a special resolution under s491 that the Company be wound up voluntarily. We apologise for any inconvenience caused and assure you your order will be in transit with our courier shortly. SNEAKERBOY in Little Bourke Street. 1-800-593-8595 Toll Free or Local (FL) 954-964-3064. We often find ourselves filling every waking moment with activity, thinking that this is the only way to get ahead. 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. Therefore, you end up getting a great variety for your inventory at a fraction of the price. A hearing in the Melbourne Supreme Court on Thursday heard Sneakerboy and Adidas were working on a deal to settle the matter. 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. (did we mention that already? I would give no stars if I could. We need an update. I tried to get a refund, but they said they would inspect the sneaker to ensure it was fake. Add to Cart. 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. A US bank is on the brink of collapse and its owners are debating whether it can go on after racking up $1 billion in losses. We went through an expressions of interest process, we had two interested parties but only received one offer, he says. Im in a similar boat to a lot of other customers. 6 weeks for orders to ship. 2023 RLA Excellence Awards Winner: 'Innovation Solutions Partner' Read the Press Release. The retailer, which sells. 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. I am still waiting on sneakers purchased after the Pacific Fair store a month ago. 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. If you wanna cancel the order and refund, thats fine but atleast communicate. terrible customer service. Sneakerboy, which operates three stores across Melbourne, has struck deals with both Adidas and the tax office to settle disputes covering close to $1.35m in unpaid bills and superannuation. Sneakerboy, which sells luxury sneakers and street wear, collapsed into administration on Saturday. Lotz International, LLC. No delivery No refund. 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. Sneakerboy has previously faced wind-up actions from footwear brand Adidas in 2021 and the Victorian Commission of State Revenue in 2020. 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. 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. I will be taking this to consumer affairs and will be filling a complaint! Wholesale Athletic shoe Mix Nike,Asics,Mizuno,Brooks,Adidas,etc. Give us a call Monday through Friday from 9:00am to 5:00pm EST. The company operates three retail stores in Melbourne and one in Sydney, along with an online retail portal. Also if youre a small businessman, there is a great advantage in purchasing shoe liquidation truckloads. Do not buy from them. Octets charges over Sneakerboy and Luxury Retail Group include all present and after-acquired property no exceptions. I am working with the Department of Employment and Workplace Relations to verify the Companys outstanding employee entitlements, Dixon wrote. An application to wind-up Luxury Retail Group was made by Melbourne-based Banjo Loans holding company FundIT Limited in June in the Supreme Court of Victoria. However, he said that poor business management was also a prominent factor. 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. Free to sign up. . Simon Johanson. Please look for an email from Hamilton Murphy outlining the actions around past orders. A major supermarket and union have clashed after the downfall of a major transport company was announced resulting in 1500 job losses. If you guys are reading this (STAFF) my order # is ORDER 317094 its a shame it has to come down to this. Profits!! On Fridays everything sells for $14 and the price drops daily all the way to $1 on Thursdays! FundIT Limited is also listed as having a charge over Luxury Retail Group. 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. Just posting this to spread awareness for others really. The telephone number for Luxury Retail Groups corporate headquarters in Melbourne was disconnected. I have never had to follow up this much. Order number 319669, Hi Julie,Thank you for taking the time to leave us a review.Unfortunately during busy sales periods customers may unfortunately experience some delays while we work through large volumes of orders.Rest assured your order will be arriving to you shortly, and we will reach out to you with further updates as to when it is arriving.In the meantime, please let us know if you require any further assistance.Kind regards,Sneakerboy. The RBA has warned Australians to prepare for inflation to hit 7 per cent by the end of 2022, well above its target range of between 2 and 3 per cent. 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. Thank you for your understanding! And finally, we will recommend that you bookmark this page. Post jobs and search for local talent on 7NEWS Jobs >>. Copies of documents filed may be obtained from the plaintiff's address for service. We're so sorry for this inconvenience and are looking forward to sending your order out to you.In the meantime, we will be in contact with a definitive ETA.Kind regards,Sneakerboy. my order numbers are 324000 and 323459, Hi Anthony,Thank you for taking the time to review Sneakerboy. Julie Ann. Hi everyone see the below from the administrators on orders:All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. A recent letter to creditors, seen by 7NEWS.com.au, says the company has no funds available to carry out compensation for victims. Messages left on instagram, seenzoned. Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. Find out how we combat fake reviews. In a letter to creditors, dated December 12, 2022, insolvency and recovery businesses Hamilton and Murphy wrote that Fraser Group Australia had purchased the business after it went into administration. DO NOT USE!!! Lotz International, LLC. 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. An application to wind up Luxury Retail Group was made by Melbourne-based Banjo Loans holding company FundIT Limited in June in the Supreme Court of Victoria. From brand-named clothing to popular electronic items and trendy items - we've got everything you need to support your business. 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. Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. This has been a really upsetting experience - I ordered my first ever designer item one month ago after a friend recommended Sneakerboy to me. Scam! Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. We use dedicated people and clever technology to safeguard our platform. I have emailed instagrammed 1000s of times but zero reply. The telephone number for Luxury Retail Groups corporate headquarters in Melbourne remained disconnected on Tuesday. 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. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. 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. If its too far gone its a lot more difficult.. As we are currently working through a backlog of shipments being despatched and a large volume of enquiries, we are expecting delays in our response and shippings times. Still hasnt been shipped. Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. Ive sent countless emails, Instagram messages and phone calls and no response, another said. 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. Email sent to ask where the shoes are, no response. 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. Wholesale Liquidation Overstocks Bulk Returns Nike Jordans Levi. A whopping $500,000 is also owed to 120 past and current staff members through unpaid wages and entitlements. Please look for an email from Hamilton Murphy outlining the actions around past orders. I realised that they were fake, cause the paint or whatever it was, came off from the mid sole. Add to Cart. With a complete source of wholesale fashion, electronics, and home improvement items, get the best deals near you! - Sam Pires, CEO. Established in 2013, SNEAKERBOY was founded on the idea that sneakers and streetwear were becoming icons of luxury. This company is a jokeWould like my order cancelled and refunded. Daily 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. Frustrated customers have bombarded the companys online platforms and review sites in recent months over delayed orders dating back to January. We apologise for this inconvenience.A member of our customer service will be in contact with you as a priority with an update on your order.Kind regards,Sneakerboy, Stop trying to hide people into the email section and then ignore them, you guys are crooks and I'll be contacting all avenues until I either receive my order or a full refund (not a credit), honestly disgusting how things are done, if my parcel Is waiting for collection what's the carrier company? April 2, 2015. Kind regards,Sneakerboy. 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. Verification can help ensure real people write reviews about real companies. The phone number associated with Luxury Retail Group was also disconnected. we can only give you a credit refund". Cut your business cost by half by saving on the transportation cost, salaries of employees and a rented workplace. If you have any further questions please email help@sneakerboy.com as this is the best avenue for communication and questions to be answered.Kind regards,SNEAKERBOY. Toxic chemical threat to WA drinking water supply: Real threat, Australians warned to watch out for $198.82 myGov refund, Woman sued for quiet quitting while working from home, This Channel 7 reporter drove an EV from Brisbane to Cairns. Moreover, these are high-quality goods with their original packaging and tags intact. Sneakerboy held a sale in May 2022 where a number of customers did not receive their orders. 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! You can find those pair of shoes at our shoe liquidation truckloads for a much cheaper price. SNEAKERBOY RETAIL PTY LTD: ACN: 604 708 189: Status: In Liquidation: Appointment Date: 29 September 2022: Resolution. Hi there.Thanks for taking the time to write us a review.We're currently experiencing high order volumes which have caused fulfilment delays. If I do ever get a response, it's a generic one. Help using this website - Accessibility statement, Sneakerboy took its landlord, Georges Properties, to court. 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. All Rights Reserved, Why you shouldnt give a hundred percent at work, Frank Green releases new product after Bunnings hack goes viral on TikTok, Australias top 25 most in-demand jobs revealed, Long-running Instagram feud between vitamin brands JSHealth and Life Botanics heading to Federal Court, NBN and Starlink are ramping up the bandwidth battle for rural Australia, Off-grid cabin startup Unyoked raises $28 million to expand in Europe, How Sendle managing director Laura Hill made the unconventional path work for logistics, and what your business can learn, There are reasons why staff ignore your emails. Terms Twenty-two former employees have made claims for unpaid entitlements. Innovative Reverse Logistics solutions to retailers of all sizes anywhere in the world. Heres why it wasnt all smooth sailing, Not looking positive: Drastic measures Aussies are taking to find a rental, Cost of living crisis laid bare as metric indicates worst outcome since early days of pandemic, A $60 payment appeared in this Aussie mums bank account. Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with pioneering a luxury retail revolution by The Business of Fashion. Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. My husband was told to pick up in store, went there the next day and they are closed! The retailer sells luxury sneakers, priced at up to $1600 for a pair of Giuseppe Zanotti sneakers, online and through two stores in Melbourne and Sydney. To check whether the company was wound up following publication of this notice, search the ASIC database using the ASIC Connect function on ASIC's website www.asic.gov.au, Only notices after 01/07/2012 are available on this website. 2023 Quicklotz This is an absolute lie. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. However, it had failed to confirm their intentions to fulfil prepaid orders, accept gift vouchers or honour any exchanges or refunds. An investigation is now underway to determine whether Sneakerboy traded while insolvent. In 2020, Sneakerboy took its landlord, Georges Properties, to court after it was locked out of its Sydney store over a rental dispute after it renegotiated leases under the Retail and Other Commercial Leases (COVID-19) Regulation, which provided concessions to retailers forced to close during lockdowns. Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. Our site will be temporarily unavailable during this time. Until, they finally responded with "what do you want then? Keep in mind i ordered it 3 weeks before I was meant to leave. Featured Liquidation Auctions Show all auctions Pallet HPC - 800 to 1,200 Pcs Average - 10$ Retail per Unit Average - 75% Apparel and other General Merchandise - Brand New Overstock from Major E-Tailer Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with . They created a fake tracking number and the item was never sent. Here are 8 tips for writing great reviews. Luxury sneaker retailer Sneakerboy is facing liquidation after sportswear giant Adidas launched legal action over an unpaid bill. But administrator Michael Carrafa of SV Partners told SmartCompany Sneakerboy ran into trouble after a dispute between Kyvetos and one of the shareholders. Luxury retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. Kind regards, Sneakerboy. James Chou was among those who took up the deal, paying $400 for a pair of Alexander McQueen sneakers he never received. Moreover, people tend to buy multiple pairs of shoes to be worn on different occasions. Please look for an email from Hamilton Murphy outlining the actions around past orders. 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. Sneakerboys Facebook page is riddled with people complaining they had not received their orders. 18March2021. 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). All orders pre-dating July 2, 2022 please contact Hamilton Murphy on (03) 8866 7600.I got burnt in lockdown by SB with Jordan realeases. 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. Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers - cashed-up tourists and students - disappeared. 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. Dixon estimated in the report it would take between 12 to 18 months to complete Sneakerboys liquidation. From the reviews below it appears Im not the only one, all my other experiences with Sneakerboy have been fine. No where did it say it was a backorder for it, they also didn't provide a time frame for when it should be in stock. Sneakerboy is about maximising retail space with online efficiency. Jun 17, 2022. The latest stories, funding information, and expert advice. Therefore, please feel free to get in touch with us in case you have any questions. They didnt send my order bought in May. Our site will be temporarily unavailable during this time. During these sales, you can pick up some awesome shoe liquidation truckloads at ridiculous prices. When you purchase your shoe liquidation truckloads from us, you get them at a much cheaper price than what is offered in the market. A confluence of inflation, rising home loan interest rates, and surging food and power costs has led many to forecast retailers, particularly discretionary retailers, will face increasingly tough conditions. Do not order anything online from Sneaker boy they DO NOT HAVE ANY STOCK!!! Hamilton Murphy said the collapsed companies had previously held discussions with interested parties to sell the business. 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 recognise that their sovereignty has never been ceded. SmartCompany acknowledges the Traditional Owners of the many nations across Australia, and pay our respect to Elders past and present.