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. translation missing: en.general.accessibility.unit_price_separator, 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. 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.. Copies of documents filed may be obtained from the plaintiff's address for service. Sneakerboy collapse: Company owes $17.2 million to creditors - news DO NOT USE!!! I have sent emails and messages to there instagram and have still not got a response. 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. I tried to get a refund, but they said they would inspect the sneaker to ensure it was fake. Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers cashed-up tourists and students disappeared. 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. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) . The difficult but prudent decision has been made to initiate the voluntary administration process. We need an update. I have never had to follow up this much. Simon Johanson. Sneakerboy Retail Pty Ltd and Luxury Retail Group are run by Nelson Mair and Theo Poulakis. 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. !I will definitely bring this matter to fair traiding and police if required. Looking for a new job or job candidate? 1 review. Worst experience I have ever had with a retailer. Selling shoes online, therefore, is an extremely lucrative and profitable business. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. Thank you for your understanding! Sneakerboy Pty Ltd 603 960 961 | Winding Up Application | Winding up The retailer, which sells. Carrafa says the successful sale demonstrates the benefit of seeking help from administrators at an early stage. terrible customer service. Enjoy an EXTRA 50% off in our BACK ROOM weekly from Friday through Monday! It comes after the companies faced more than 10 wind up orders over the last three years, including from Adidas, the Victorian Commission of State Revenue and AMP Pacific Fair (the operators of the Gold Coast Pacific Fair shopping centre where Sneakerboy had a retail store). NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) Appointee/Solicitor Name. 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. 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. Reasons, Why Liquidators are the Best Wholesale Suppliers today? As a result, your margins tend to be hefty and lucrative when you sell these products through your online store. 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. Frustrated customers have bombarded the companys online platforms and review sites in recent months over delayed orders dating back to January. We went through an expressions of interest process, we had two interested parties but only received one offer, he says. 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. 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? 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. A luxury shoe retailer has gone into administration following years of controversy and multiple angry customers. 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. Sneakerboy Retail Pty Ltd 604 708 189 | Voluntary Administration 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. Nike Liquidation Auctions - Bulk Wholesale Lots - DirectLiquidation This company is a jokeWould like my order cancelled and refunded. SNEAKERBOY RETAIL PTY LTD: ACN: 604 708 189: Status: In Liquidation: Appointment Date: 29 September 2022: Resolution. With our services, you can start your business online in no time and serve your customers high-end products with huge margins. Our diversity of resale channels, from brick and mortar stores to overseas markets, allows us to maximize the value of each product category. . Company is terrible and no one should shop from them or give them money. SmartCompany acknowledges the Traditional Owners of the many nations across Australia, and pay our respect to Elders past and present. What do you get in return? 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. Our strategy focuses on delivering the highest recovery rates in the industry. SNEAKERBOY RETAIL PTY LTD 604 708 189 | Creditors' Voluntary They created a fake tracking number and the item was never sent. Anyone can write a Trustpilot review. Calls to Sneakerboys Melbourne CBD flagship store went unanswered Monday morning. 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. However, it re-emerged following a sale to a party relating to one of the directors, Carrafa said. Plaintiff or Plaintiff's legal practitioner: 10:30AM, Home; Nike . 2023 RLA Excellence Awards Winner: 'Innovation Solutions Partner' Read the Press Release. Home > keyword "sneakers" Refine Your Search. $175,000.00. 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. 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. A whopping $500,000 is also owed to 120 past and current staff members through unpaid wages and entitlements. We recognise that their sovereignty has never been ceded. 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 This has to be the biggest joke. 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! Monthly, on February 18, 2021, between 9:30 pm and 10:30 pm. I will filing consumer affairs complaints and ACCC, they shouldnt be trading at all. We are readily available from Monday through Friday. Please look for an email from Hamilton Murphy outlining the actions around past orders. Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. With our versatile shoe liquidation truckloads, you can run your very own part-time or full-time business you always dreamed of. On Fridays everything sells for $14 and the price drops daily all the way to $1 on Thursdays! This has been a really upsetting experience - I ordered my first ever designer item one month ago after a friend recommended Sneakerboy to me. No delivery No refund. Well, we will say youre on the absolute right page. Our experienced Team is Ready to assist you. Seemed like a good idea to mention it again.). 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. 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. If my parcel is waiting for collection whats the carrier company and reference details, a frustrated customer asked. I have spoken with a Golden Goose representative who has confirmed they have not been supplying Sneakerboy with stock for months. Ive sent countless emails, Instagram messages and phone calls and no response, another said. 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. Ordered online last May 26. I am working with the Department of Employment and Workplace Relations to verify the Companys outstanding employee entitlements, Dixon wrote. 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 investigation is now underway to determine whether Sneakerboy traded while insolvent. Add to Cart. Hi there.Thanks for taking the time to write us a review.We're currently experiencing high order volumes which have caused fulfilment delays. Still hasnt arrived. However, they didn't make any updates, so I had to ask them every now and then for almost three months. I will not be shopping again and will be taking this further! Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. Also if youre a small businessman, there is a great advantage in purchasing shoe liquidation truckloads. 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. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. 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 . 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. Still trading and accepting orders even if they are now in Administration. Free to sign up. Free to sign up. An investigation is now underway to determine whether Sneakerboy traded while insolvent. 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. Clothing . At this meeting, details will be provided to all stakeholders in relation to the financial and structural position of the companies. Our liquidation truckloads are sourced from some of the largest retailers in the United States. Still hasnt been shipped. Too much lies! 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. We often find ourselves filling every waking moment with activity, thinking that this is the only way to get ahead. 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. Email sent to ask where the shoes are, no response. Quicklotzis among the top 5,000 fastest growing private companies in America. I purchased a $200+ sweater over two months ago. No update. 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. The report estimated the company owed $1.7 million in employee entitlements, including almost $1.3 million in superannuation. Subscribe to receive time-sensitive and limited quantity deals. If I do ever get a response, it's a generic one. Lotz International, LLC. Hamilton Murphy said the collapsed companies had previously held discussions with interested parties to sell the business. 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. *By completing this form you're signing up to receive our emails and can unsubscribe at any time. 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! This is an absolute lie. 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. - Sam Pires, CEO. Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with pioneering a luxury retail revolution by The Business of Fashion. 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. 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. Sneakerboy: Luxury retailer in $1.2m tax, superannuation dispute my order numbers are 324000 and 323459, Hi Anthony,Thank you for taking the time to review Sneakerboy. 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. 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. With these shoe liquidation truckloads, you find an assortment of goods from different brands within the same shipment. You'll also receive messages on behalf of our partners. Best source for liquidation merchandise and most innovative reverse logistics solutions. 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. Have opened a dispute with afterpay on this and Im currently waiting to hear back from consumer affairs and the Victorian Ombudsman, Hi Jorgia,Thank you for taking the time to review Sneakerboy. Just posting this to spread awareness for others really. sneakerboy liquidation Follow the topics, people and companies that matter to you. Is your heart stuck on the pair of Nike Air which you saw in the showroom the other day? 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. Within hours, shed lost $40,000, Mining giants $4 million gift over missing capusle, but its not cash. With a complete source of wholesale fashion, electronics, and home improvement items, get the best deals near you! As a student, this is really, truly heart-breaking. The move was confirmed in a notice of appointment released by the Australian Securities and Investments (ASIC) on Saturday, with Stephen Dixon from insolvency firm Hamilton Murphy Advisory chosen as administrator. Messages left on instagram, seenzoned. The company operates three retail stores in Melbourne and one in Sydney, along with an online retail portal. 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, Why does this company think its okay to cancel my delivery and move it to a store and tell me to go pick it up. Herald Sun - Luxury retailer Sneakerboy facing a | Facebook If you wanna cancel the order and refund, thats fine but atleast communicate. From the reviews below it appears Im not the only one, all my other experiences with Sneakerboy have been fine. Scam! The difficult but prudent decision has been made to initiate the voluntary administration process. SmartCompany understands Sneakerboy turns over around $50,000 per week and Carrafa says its a strong business model. The phone number associated with Luxury Retail Group was also disconnected. These discussions are now being urgently escalated by the Administrator as part of the Voluntary Administration process, it said. - Sam Pires, CEO. 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. Quicklotz: Best Source for Liquidation Merchandise Octets charges over Sneakerboy and Luxury Retail Group include all present and after-acquired property no exceptions. "We thank God first, and we thank all our customers, suppliers, and the passion of our team. 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. 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. They have ignored my emails and request. 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. This notice does not mean that the company was wound up. 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. 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. Part of Retail Week 2021. . Sneakerboy is about maximising retail space with online efficiency. I would give no stars if I could. 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. SNEAKERBOY - Facebook We only use 77sqm of our 80sqm of shop floor and carry over 300 [SKUs] of shoes with a back area of 3m.. Sneakerboy may have traded while insolvent for year and a half Sneakerboys collapse into administration brush is not thefirst challengeto face the company. SNEAKERBOY in Little Bourke Street. Based on my inquiries to date, l am of the opinion that the companys failure can be attributed to a deficiency of working capital, poor financial control and poor strategic management of the business, he said. However, he said that poor business management was also a prominent factor. The first question most of you will have is: where do I buy my inventory? If its too far gone its a lot more difficult.. Hi Caroline,Thank you for taking the time to review Sneakerboy. How can you lose money when your drops sellout? 2023 Trustpilot, Inc. All rights reserved. Luxury retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. But administrator Michael Carrafa of SV Partners told SmartCompany Sneakerboy ran into trouble after a dispute between Kyvetos and one of the shareholders. Innovative Reverse Logistics solutions to retailers of all sizes anywhere in the world. 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: 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.
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