SNEAKERBOY RETAIL PTY LTD: ACN: 604 708 189: Status: In Liquidation: Appointment Date: 29 September 2022: Resolution. 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. Hi Evelyn,Thanks for taking the time to share your review. 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. !I will definitely bring this matter to fair traiding and police if required. Sneakerboy has previously faced wind-up actions from footwear brand Adidas in 2021 and the Victorian Commission of State Revenue in 2020. The first creditors meeting will be held next week on Wednesday, July 13 at 11am. Absolutely horrified at my experience with Sneakerboy! They dont have stocks but still advertising and accepting orders. Just posting this to spread awareness for others really. The telephone number for Luxury Retail Groups corporate headquarters in Melbourne remained disconnected on Tuesday. Together we have achieved this milestone in the history of ourcompany." Lotz International, LLC. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. Please look for an email from Hamilton Murphy outlining the actions around past orders. Our experienced Team is Ready to assist you. The telephone number for Luxury Retail Groups corporate headquarters in Melbourne was disconnected. Luxury Retail Group is similarly split between Mr Poulakis and Mr Mair, although via four entities. 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. You'll also receive messages on behalf of our partners. And finally, we will recommend that you bookmark this page. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. "We thank God first, and we thank all our customers, suppliers, and the passion of our team. If you wanna cancel the order and refund, thats fine but atleast communicate. Placed an order on 26/05/2022 and it's been almost a month with no updates.I tried to contact their customer service via email - no response, tried to message them via Instagram - no response.As a first-time customer, I wouldn't come back or recommend anyone to buy here! 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. Daily 2023 RLA Excellence Awards Winner: 'Innovation Solutions Partner' Read the Press Release. Clothing . Plaintiff's details Plaintiff's address for service: We also ensure all reviews are published without moderation. 1-800-593-8595 Toll Free or Local (FL) 954-964-3064. They have ignored my emails and request. Carrafa says Kyvetos is still involved in the business overseeing the buying of stock. Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers cashed-up tourists and students disappeared. Sneakerboy sells upmarket footwear and streetwear, with some Balenciaga sneakers on its walls reaching north of $1500. Worst experience I have ever had with a retailer. Follow the topics, people and companies that matter to you. We often find ourselves filling every waking moment with activity, thinking that this is the only way to get ahead. sneakerboy liquidation wide body kit for 2000 honda civic vintage glass bowls with lids sun devil volleyball camp guns n' roses glasgow green 2022 sneakerboy liquidation feel free to call us +91.33.26789234 [email protected] As a result, your margins tend to be hefty and lucrative when you sell these products through your online store. Also if youre a small businessman, there is a great advantage in purchasing shoe liquidation truckloads. Anything you order from their website doesnt actually exist in their warehouse, yet they continue to take orders and never respond to your emails, one angry customer on Trustpilot said. Add to Cart. Please look for an email from Hamilton Murphy outlining the actions around past orders. Twenty-two former employees have made claims for unpaid entitlements. SmartCompany acknowledges the Traditional Owners of the many nations across Australia, and pay our respect to Elders past and present. Wholesale Athletic shoe Mix Nike,Asics,Mizuno,Brooks,Adidas,etc. 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 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. Looking for a new job or job candidate? 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. FundIT Limited is also listed as having a charge over Luxury Retail Group. No delivery No refund. Still trading even if they are now in Administration. terrible customer service. Enjoy an EXTRA 50% off in our BACK ROOM weekly from Friday through Monday! We Ship to various locations throughout the USA and overseas. 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. Just a week before Sneakerboy collapsed, with $17.2 million owed . If my parcel is waiting for collection whats the carrier company and reference details, a frustrated customer asked. Our site will be temporarily unavailable during this time. Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers cashed-up tourists and students disappeared. My husband was told to pick up in store, went there the next day and they are closed! SmartCompany is the leading online publication in Australia for free news, information and resources catering to Australias entrepreneurs, small and medium business owners and business managers. It goes against our guidelines to offer incentives for reviews. We recognise that their sovereignty has never been ceded. 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. 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. Sneakerboy, which sells luxury sneakers and street wear, collapsed into administration on Saturday. Well, we will say youre on the absolute right page. Reasons, Why Liquidators are the Best Wholesale Suppliers today? But administrator Michael Carrafa of SV Partners told SmartCompany Sneakerboy ran into trouble after a dispute between Kyvetos and one of the shareholders. Sneakerboy was contacted for further comment. The first question most of you will have is: where do I buy my inventory? translation missing: en.general.accessibility.unit_price_separator, 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. Add to Cart. Luxury sneaker and streetwear retailer Sneakerboy, which has shops in the Melbourne CBD and Chadstone, is facing liquidation after being taken to court by Adidas over an unpaid bill. 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. Please look for an email from Hamilton Murphy outlining the actions around past orders. The Australian fashion label went into liquidation last Friday with Matthew Kucianski of Worrells appointed as the liquidator. Chou managed to receive a refund after emailing buy-now, pay-later company Afterpay for several months. 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? 2023 Trustpilot, Inc. All rights reserved. Sneakerboy Pty Ltd: ACN: 603 960 961: Company: Sneakerboy IP Pty Ltd: ACN: 604 708 090: Company: Luxury Retail Treasury Pty Ltd: ACN: 614 712 766: Company: Tried ringing the phone numbers on their website but no one picks up the phone. Our diversity of resale channels, from brick and mortar stores to overseas markets, allows us to maximize the value of each product category. 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. Technology, engineering, professional services and sales roles are among Australias most sought-after job titles according to LinkedIn data. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) . $175,000.00. With these shoe liquidation truckloads, you find an assortment of goods from different brands within the same shipment. What do you get in return? Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. Together we have achieved this milestone in the history of ourcompany." Quicklotzis among the top 5,000 fastest growing private companies in America. Run this search agent and email me with matches: We only use 77sqm of our 80sqm of shop floor and carry over 300 [SKUs] of shoes with a back area of 3m.. A major supermarket and union have clashed after the downfall of a major transport company was announced resulting in 1500 job losses. I even bought an essentials jumper they created a courier document and it still has not been sent. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) Appointee/Solicitor Name. I will filing consumer affairs complaints and ACCC, they shouldnt be trading at all. If its too far gone its a lot more difficult.. I will not be collecting the item as I do not have the time, hence why I paid for delivery in the first place. 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. All times AEDT (GMT +11). Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers - cashed-up tourists and students - disappeared. Home; Nike . 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 was founded by Melburnian Chris Kyvetos, who was credited with . I am still waiting on sneakers purchased after the Pacific Fair store a month ago. Octets charges over Sneakerboy and Luxury Retail Group include all present and after-acquired property no exceptions. Is your heart stuck on the pair of Nike Air which you saw in the showroom the other day? 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. Please reach out to us at [email protected] 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. Monthly, on February 18, 2021, between 9:30 pm and 10:30 pm. I will be taking this to consumer affairs and will be filling a complaint! Consumers and Resellers all over the world, We ship LIQUIDATION MERCHANDISE domestically and internationally. Im in a similar boat to a lot of other customers. 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. The company operates three retail stores in Melbourne and one in Sydney, along with an online retail portal. Help using this website - Accessibility statement, 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. 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. 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.Please reach out to us at [email protected] with your order number and SBiD and a member of our support team will be in touch with further information as a priority.Kind regards,Sneakerboy. They didnt send my order bought in May. 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. Until, they finally responded with "what do you want then? However, they didn't make any updates, so I had to ask them every now and then for almost three months. These liquidation truckloads are offered at a supremely heavy discount compared to their market price. 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. Please look for an email from Hamilton Murphy outlining the actions around past orders. I have never had to follow up this much. Simon Johanson. Luxury footwear and streetwear retailer Sneakerboy may have traded while insolvent for at least 18 months before it collapsed, and the management team lacked the financial expertise to stop its. 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. We are readily available from Monday through Friday. Just fill out the fields below and we'll send your friend a link to this article along with a message from you. 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. Give us a call Monday through Friday from 9:00am to 5:00pm EST. 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. However, it re-emerged following a sale to "a party relating to one of the directors," Carrafa said. I have emailed instagrammed 1000s of times but zero reply. 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. How can you lose money when your drops sellout? Hearing details The details of the hearing are: Copies of documents filed may be obtained from the plaintiff's address for service. The administrator will now assess the ongoing viability of the business as he assesses the ability of the companies to continue to operate as a going concern. Kind regards, Sneakerboy. Sneakerboys parent company Luxury Retail Group is also under fire, as Dixon was also appointed as administrator for Luxury Retail Treasury Pty Ltd and Luxury Retail Group Pty Ltd. A meeting of creditors is scheduled to take place Wednesday, July 13, the ASIC notice states. Profits!! Weekly I am working with the Department of Employment and Workplace Relations to verify the Companys outstanding employee entitlements, Dixon wrote. Go ahead and pick your favorite shoe liquidation truckload. Internet divided over gross find in bulk buy bargain at major retail chain, Urgent recall: Noodle buy pulled from Victorian stores amid reaction fears. Still hasnt been shipped. Sneakerboy is about maximising retail space with online efficiency. Remember that we sell goods on a first-come-first-serve basis so ensure you pick up your favorite truckload as soon as you find it. Sneakerboy operated a retail store at the shopping centre, though it is no longer listed on the Sneakerboy website. I have emailed them, phoned and Instagram dmd them on a number of occasions and have received zero responses although they ask for a 48 hour (5 days for email) turnover. EST 2012 | Established in 2013 as an innovative hybrid model that fuses the best physical elements of bricks-and-mortar with . 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. April 2, 2015. Sneakerboys collapse into administration brush is not thefirst challengeto face the company. Find out more about our policy and your choices, including how to opt-out. 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 [email protected] and we will respond as soon as we can. I have emailed them multiple times, I have also DMed on Instagram (which they have disabled comments on there posts) and still havent received a reply. 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. 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 [email protected] 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. 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. 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. A short statement on Sneakerboys website said Sneakerboy is in Administration. Best source for liquidation merchandise and most innovative reverse logistics solutions. 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 have any further questions please email [email protected] as this is the best avenue for communication and questions to be answered.Kind regards,SNEAKERBOY. Messages left on instagram, seenzoned. 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. Subscribe to receive time-sensitive and limited quantity deals. The report estimated the company owed $1.7 million in employee entitlements, including almost $1.3 million in superannuation. 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. I realised that they were fake, cause the paint or whatever it was, came off from the mid sole. Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. Sneakerboy has been left with just four retail stores - three in Melbourne and one in Sydney, and an online store. From the reviews below it appears Im not the only one, all my other experiences with Sneakerboy have been fine. Here youll find some of the best shoe liquidation truckloads that you can use for starting up your online business. However, he said that poor business management was also a prominent factor. If you have any further questions please [email protected] this is the best avenue for communication and questions to be answered.Kind regards,SNEAKERBOY, I ordered it in January, but the product hasn't been delivered yet.I asked you to wait until March due to Corona issue, but it didn't come until April.I applied for a refund if I wanted to get a refund, but I still haven't gotten a refund after 10 trading days.Why can't I get a refund after waiting for 2 months? Our liquidation truckloads are sourced from some of the largest retailers in the United States. Established in 2013, SNEAKERBOY was founded on the idea that sneakers and streetwear were becoming icons of luxury. 6 weeks for orders to ship. It's been a month since I ordered and I got nothing. Heres the fix, Five ways businesses can beat the scourge of busyness and boost productivity, My Biggest Mistake: Martin Karafilis, CEO of Fishburners. Also, in order to diversify your inventory, pick different kinds of truckloads so that your customers have more choice when they purchase. !I've been trying to get in touch for over a month regarding an Essentials sweater that was "supposedly" in stock. Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. Cheers and singing as 'disorderly' woman booted of Jetstar flight. If you have any further questions please [email protected] 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. Luxury sneaker retailer Sneakerboy is being pursued by the Australian Taxation Office for $1.2m in unpaid superannuation and taxes. Hamilton Murphy Advisory said the companies have previously held discussions with parties who have expressed an interest in purchasing the business. Sneakerboy held a sale in May 2022 where a number of customers did not receive their orders. - Sam Pires, CEO. I would give no stars if I could. 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. Our strategy focuses on delivering the highest recovery rates in the industry. 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. I have sent emails and messages to there instagram and have still not got a response. I then Dm their instagram to not get a response either. After that i did receive a authentic pair, but this is ridiculous. This company is a jokeWould like my order cancelled and refunded. Up untill now I still haven't got any updates and the status till states thag it's on "Backorder". 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. Luxury sportswear stores. Luxury footwear and fashion retailer Sneakerboy faces a new test after administrators were appointed to oversee the embattled retail chain. I have been told that my order (319052) was going to be dispatched from their Melbourne store. 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. 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. I'll be contacting them confirming this and will be discussed with you guys on this public platform rather than the merky waters in your private emails, Hi Callum,Thank you for taking the time to review Sneakerboy. I tried to get a refund, but they said they would inspect the sneaker to ensure it was fake. . Therefore, please feel free to get in touch with us in case you have any questions.
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