However, it re-emerged following a sale to "a party relating to one of the directors," Carrafa said. 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. The difficult but prudent decision has been made to initiate the voluntary administration process. Even the order of husband, they didnt send it. The report estimated the company owed $1.7 million in employee entitlements, including almost $1.3 million in superannuation. Sneakerboy, which ran stores in Sydney, Melbourne and on the Gold Coast, collapsed in July last year. We only use 77sqm of our 80sqm of shop floor and carry over 300 [SKUs] of shoes with a back area of 3m.. You can opt-out at any time. I tried to get a refund, but they said they would inspect the sneaker to ensure it was fake. Our experienced Team is Ready to assist you. *By completing this form you're signing up to receive our emails and can unsubscribe at any time. 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. Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. 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. 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. However, it had failed to confirm their intentions to fulfil prepaid orders, accept gift vouchers or honour any exchanges or refunds. Wholesale Liquidation Overstocks Bulk Returns Nike Jordans Levi. Embattled luxury footwear and streetwear retailer Sneakerboy is up for sale after falling into administration due to financing problems. 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. 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. This has been a really upsetting experience - I ordered my first ever designer item one month ago after a friend recommended Sneakerboy to me. Luxury footwear and fashion retailer Sneakerboy faces a new test after administrators were appointed to oversee the embattled retail chain. No delivery No refund. so i decieded to email again and never got a response. We need an update. At the time,The Herald Sunreported Pacific Fair was chasing the company for nearly$300,000 in unpaid rent. They created a fake tracking number and the item was never sent. I now realise that I have been scammed - no reply to my emails seeking a refund, no update as to my order status, and I am out of pocket hundreds of dollars. Lotz International, LLC. Find out more about our policy and your choices, including how to opt-out. Sent an email to get a refund, got an automated generic response. Frustrated customers have bombarded the companys online platforms and review sites in recent months over delayed orders dating back to January. In one word: profits. Find out how we combat fake reviews. 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. Scam! Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. 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. 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. 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. If there's one apparel item that everyone uses, its shoes. Copyright © 2023 Private Media Pty Ltd. Publishers of smartcompany.com.au. 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. 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. The outlet is well-known among sneakerheads and streetwear fans nationwide for its expansive range of new and vintage footwear and its elaborate store fit-outs. I still haven't received any shipping code, I have emailed them several times over weeks ago and never got a response. we can only give you a credit refund". We Ship to various locations throughout the USA and overseas. No one has called me and I cant get in touch with anyone to even get an update, one person said. James Chou was among those who took up the deal, paying $400 for a pair of Alexander McQueen sneakers he never received. Just a week before Sneakerboy collapsed, with $17.2 million owed . I have completed verification work pursuant to the Fair Entitlement Guarantee scheme and encourage any former employees of the Company to complete an online claim form if they have not already done so.. 2023 Trustpilot, Inc. All rights reserved. We apologise for any inconvenience caused and assure you your order will be in transit with our courier shortly. 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. 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. A short statement on Sneakerboys website said Sneakerboy is in Administration. 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. Hearing details The details of the hearing are: Copies of documents filed may be obtained from the plaintiff's address for service. Worst experience I have ever had with a retailer. Kind regards, Sneakerboy. I thought it would be nice to get an essentials tee before my holiday. Sneakerboy held a sale in May 2022 where a number of customers did not receive their orders. Go ahead and pick your favorite shoe liquidation truckload. They have ignored my emails and request. 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. Luxury sneaker retailer Sneakerboy is being pursued by the Australian Taxation Office for $1.2m in unpaid superannuation and taxes. The company operates three retail stores in Melbourne and one in Sydney, along with an online retail portal. 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. Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM Police & Courts 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. Clothing . What's the benefit for you? Simon Johanson. 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 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. JA. You'll also receive messages on behalf of our partners. But administrator Michael Carrafa of SV Partners told SmartCompany Sneakerboy ran into trouble after a dispute between Kyvetos and one of the shareholders. Hi there.Thanks for taking the time to write us a review.We're currently experiencing high order volumes which have caused fulfilment delays. Until, they finally responded with "what do you want then? Hi Jo,Thank you for taking the time to review Sneakerboy. This has to be the biggest joke. Sneakerboy, which sells luxury sneakers and street wear, collapsed into administration on Saturday. Messages left on instagram, seenzoned. 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 Heres the fix, Five ways businesses can beat the scourge of busyness and boost productivity, My Biggest Mistake: Martin Karafilis, CEO of Fishburners. Innovative Reverse Logistics solutions to retailers of all sizes anywhere in the world. An investigation is now underway to determine whether Sneakerboy traded while insolvent. Enjoy an EXTRA 50% off in our BACK ROOM weekly from Friday through Monday! 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. Free to sign up. A recent letter to creditors, seen by 7NEWS.com.au, says the company has no funds available to carry out compensation for victims. Add to Cart. The administration brought that dispute to a standstill, which enabled Sneakerboy to be sold last week to a party relating to one of the directors for an undisclosed price. 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. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) Appointee/Solicitor Name. Daily I will not be shopping again and will be taking this further! With a complete source of wholesale fashion, electronics, and home improvement items, get the best deals near you! 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. What do you get in return? 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. 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. Luxury sportswear stores. Sneakerboy has been left with just four retail stores - three in Melbourne and one in Sydney, and an online store. Please look for an email from Hamilton Murphy outlining the actions around past orders. From brand-named clothing to popular electronic items and trendy items - we've got everything you need to support your business. Also, in order to diversify your inventory, pick different kinds of truckloads so that your customers have more choice when they purchase. 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, 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 site will be temporarily unavailable during this time. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) . Please look for an email from Hamilton Murphy outlining the actions around past orders. Luxury retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. 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. Our liquidation truckloads are sourced from some of the largest retailers in the United States. If my parcel is waiting for collection whats the carrier company and reference details, a frustrated customer asked. Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with pioneering a luxury retail revolution by The Business of Fashion. Twenty-two former employees have made claims for unpaid entitlements. We often find ourselves filling every waking moment with activity, thinking that this is the only way to get ahead. 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. 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. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. All orders pre-dating July 2, 2022 please contact Hamilton Murphy on (03) 8866 7600. These discussions are now being urgently escalated by the Administrator as part of the Voluntary Administration process, it said. Together we have achieved this milestone in the history of ourcompany." Be honest, dont treat (people) like that plus I wont ever buy stuff from them again, he said. Reasons, Why Liquidators are the Best Wholesale Suppliers today? Subscribe to receive time-sensitive and limited quantity deals. The company did score a legal win in 2020,after the Supreme Court of NSW ruled Sneakerboy be granted at least six months of breathing room to recover from Covid-19 business closuresbefore its landlord moved to evict the retailer or raise its rents. Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. I would give no stars if I could. SmartCompany acknowledges the Traditional Owners of the many nations across Australia, and pay our respect to Elders past and present. Sneakerboy has previously faced wind-up actions from footwear brand Adidas in 2021 and the Victorian Commission of State Revenue in 2020. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. They dont have stocks but still advertising and accepting orders. Sneakerboy, which operates three stores across Melbourne, has struck deals with both Adidas and the tax office to settle disputes covering close to $1.35m in unpaid bills and superannuation. Here youll find some of the best shoe liquidation truckloads that you can use for starting up your online business. But only two months earlier, it was promoting a sale, offering up to 60 per cent off of shoes, many of which would ultimately never be delivered. Unfortunately during busy sales period orders can be subject to additional processing and shipping times however we are working hard to get products out to our customers as quickly as possible.Please reach out to us at help@sneakerboy.com with your order number and SBiD and a member of our support team will be in touch with further information as a priority.Kind regards,Sneakerboy. SNEAKERBOY RETAIL PTY LTD: ACN: 604 708 189: Status: In Liquidation: Appointment Date: 29 September 2022: Resolution. Copies of documents filed may be obtained from the plaintiff's address for service. Give us a call Monday through Friday from 9:00am to 5:00pm EST. Consumers and Resellers all over the world, We ship LIQUIDATION MERCHANDISE domestically and internationally. Featured Liquidation Auctions Show all auctions Pallet HPC - 800 to 1,200 Pcs Average - 10$ Retail per Unit Average - 75% Apparel and other General Merchandise - Brand New Overstock from Major E-Tailer 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. terrible customer service. Lotz International, LLC. Our site will be temporarily unavailable during this time. Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. If you wanna cancel the order and refund, thats fine but atleast communicate. *By completing this form you're signing up to receive our emails and can unsubscribe at any time. and Conditions, Privacy Im in a similar boat to a lot of other customers. How can you lose money when your drops sellout? 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. A creditors meeting will be held July 13. Still trading and accepting orders even if they are now in Administration. Still hasnt been shipped. !I've been trying to get in touch for over a month regarding an Essentials sweater that was "supposedly" in stock. I have been told that my order (319052) was going to be dispatched from their Melbourne store. If I do ever get a response, it's a generic one. The telephone number for Luxury Retail Groups corporate headquarters in Melbourne was disconnected. (did we mention that already? With our versatile shoe liquidation truckloads, you can run your very own part-time or full-time business you always dreamed of. 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 . 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. Staff were told on Friday afternoon that they were being made redundant after the company failed to find a buyer. Do you know more? 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. Profits!! Please look for an email from Hamilton Murphy outlining the actions around past orders. 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. The retailer, which sells. Part of Retail Week 2021. 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. 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. I have spoken with a Golden Goose representative who has confirmed they have not been supplying Sneakerboy with stock for months. Subscribe to receive time-sensitive and limited quantity deals. !I will definitely bring this matter to fair traiding and police if required. But is this really the case? Simon Johanson. Hi Caroline,Thank you for taking the time to review Sneakerboy. A major supermarket and union have clashed after the downfall of a major transport company was announced resulting in 1500 job losses. It's been a month since I ordered and I got nothing. translation missing: en.general.accessibility.unit_price_separator, 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. Calls to Sneakerboys Melbourne CBD flagship store went unanswered Monday morning. However, they didn't make any updates, so I had to ask them every now and then for almost three months. Email Max Mason on max.mason@afr.com from a secure non-work device. Sneakerboy today announced that Stephen Dixon of Hamilton Murphy Advisory has been appointed as voluntary administrator Hamilton Murphy Advisory said in a statement. Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. 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. 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.. Therefore, please feel free to get in touch with us in case you have any questions. 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. 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. Hi everyone see the below from the administrators on orders:All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. 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. Still hasnt arrived. 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. 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. $20.00. We recognise that their sovereignty has never been ceded. I then Dm their instagram to not get a response either. I even bought an essentials jumper they created a courier document and it still has not been sent. Together we have achieved this milestone in the history of ourcompany." Sneakerboys collapse into administration brush is not thefirst challengeto face the company. Do not buy from them. Company is terrible and no one should shop from them or give them money. 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. Category. When I purchase the shoe, they asked me to create a account, and they will send me the invoice and tracking no, but the fact is, my account never be set up but I still successfully paid. With these shoe liquidation truckloads, you find an assortment of goods from different brands within the same shipment. Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. 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.

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