sneakerboy liquidation

You can opt-out at any time. Embattled luxury footwear and streetwear retailer Sneakerboy is up for sale after falling into administration due to financing problems. Sneakerboy sells upmarket footwear and streetwear, with some Balenciaga sneakers on its walls reaching north of $1500. Luxury sneaker retailer Sneakerboy is being pursued by the Australian Taxation Office for $1.2m in unpaid superannuation and taxes. Just fill out the fields below and we'll send your friend a link to this article along with a message from you. The difficult but prudent decision has been made to initiate the voluntary administration process. They didnt send my order bought in May. 1 review. We need an update. And finally, we will recommend that you bookmark this page. Companies can ask for reviews via automatic invitations. We only use 77sqm of our 80sqm of shop floor and carry over 300 [SKUs] of shoes with a back area of 3m.. Please reach out to us at [email protected] if you have not yet heard back from us and we will endeavour to respond as a priority.Kind regards, Sneakerboy. They lie to their customers, take your money and claim that they have a backlog of orders which is why there is a delay with dispatch. Luxury sneaker retailer Sneakerboy is facing liquidation after sportswear giant Adidas launched legal action over an unpaid bill. Scam! Internet divided over gross find in bulk buy bargain at major retail chain, Urgent recall: Noodle buy pulled from Victorian stores amid reaction fears. Luxury retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. Our experienced Team is Ready to assist you. Editors note: The author of this article is a customer who was impacted by Sneakerboy going into administration. 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. 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. Add to Cart. 2023 Quicklotz 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. 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. Sneakerboy, which sells high-end footwear brands such as Balenciaga for more than $1000 a pair, had external administrators appointed by Sydney-based financier Octet Finance, as well as to four other related entities, including operating company Luxury Retail Group, on Saturday. Keep in mind i ordered it 3 weeks before I was meant to leave. 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. $499.00. April 2, 2015. Verification can help ensure real people write reviews about real companies. Reasons, Why Liquidators are the Best Wholesale Suppliers today? Post jobs and search for local talent on 7NEWS Jobs >>. I have never had to follow up this much. I realised that they were fake, cause the paint or whatever it was, came off from the mid sole. Together we have achieved this milestone in the history of ourcompany." A creditors meeting will be held July 13. Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. 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Here youll find some of the best shoe liquidation truckloads that you can use for starting up your online business. If its too far gone its a lot more difficult.. Even the order of husband, they didnt send it. 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. Carrafa says Kyvetos is still involved in the business overseeing the buying of stock. 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. On Saturday, The Australian Securities and Investments (ASIC) published a notice stating Stephen Dixon of Hamilton Murphy Advisory has been tapped as administrator for Sneakerboy Pty Ltd and two related companies using the Sneakerboy name. 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 [email protected] Clothing (Brand) Privacy Policy https://www.instagram.com/sneakerboy/ Photos We also ensure all reviews are published without moderation. Home > keyword "sneakers" Refine Your Search. Part of Retail Week 2021. As a student, this is really, truly heart-breaking. At the time,The Herald Sunreported Pacific Fair was chasing the company for nearly$300,000 in unpaid rent. 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. Terms The latest stories, funding information, and expert advice. Also, in order to diversify your inventory, pick different kinds of truckloads so that your customers have more choice when they purchase. 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. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. 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 Ship to various locations throughout the USA and overseas. Daily 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. "We thank God first, and we thank all our customers, suppliers, and the passion of our team. 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. They created a fake tracking number and the item was never sent. 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 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. Jun 17, 2022. 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. Hi Jo,Thank you for taking the time to review Sneakerboy. And they were saying that is a system problem and asked me to wait, I never get my invoice and tracking number. How can you lose money when your drops sellout? Therefore, you end up getting a great variety for your inventory at a fraction of the price. Wholesale Liquidation Overstocks Bulk Returns Nike Jordans Levi. so i decieded to email again and never got a response. My husband was told to pick up in store, went there the next day and they are closed! The Australian fashion label went into liquidation last Friday with Matthew Kucianski of Worrells appointed as the liquidator. Just posting this to spread awareness for others really. However, it re-emerged following a sale to a party relating to one of the directors, Carrafa said. 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. 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. 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, 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. Disgusting! SmartCompany acknowledges the Traditional Owners of the many nations across Australia, and pay our respect to Elders past and present. In April, AMP Pacific Fair, operators of the Gold Coast Pacific Fair shopping centre,filed a winding-up order in the Queensland Supreme Court. We apologise for any inconvenience caused and assure you your order will be in transit with our courier shortly. Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. 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] terrible customer service. Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. 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. 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.. However, it re-emerged following a sale to "a party relating to one of the directors," Carrafa said. $20.00. Im not sure what to do as theyre not even responding to emails. 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. 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. . I realised then they were taking our money then paying nike before Nike would give them the stock. With our versatile shoe liquidation truckloads, you can run your very own part-time or full-time business you always dreamed of. my order numbers are 324000 and 323459, Hi Anthony,Thank you for taking the time to review Sneakerboy. DO NOT USE!!! We recognise that their sovereignty has never been ceded. 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. Frustrated customers have bombarded the companys online platforms and review sites in recent months over delayed orders dating back to January. 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. 2023 Trustpilot, Inc. All rights reserved. Sneakerboy today announced that Stephen Dixon of Hamilton Murphy Advisory has been appointed as voluntary administrator Hamilton Murphy Advisory said in a statement. I am still waiting on sneakers purchased after the Pacific Fair store a month ago. We assure you well get to your enquiry as soon as possible and thank you for your patience.Kind regards,SNEAKERBOY. Sneakerboy previously fell intovoluntary administration in 2015,owing to conflicting interests of director and shareholders, administrator Michael Carrafa of SV Partners told SmartCompany at the time. 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. 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. 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. Well, purchasing branded shoes from the market can be a little hefty for your pocket. Run this search agent and email me with matches: With a complete source of wholesale fashion, electronics, and home improvement items, get the best deals near you! Plaintiff's details Plaintiff's address for service: 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. 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. 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. 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. Do you know more? All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. 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. 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. 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. Elliot* worked for Sneakerboy from 2017 and is owed $15,000 from 220 hours of annual leave and roughly 12 months of superannuation that he never received after quitting in January this year. I have emailed instagrammed 1000s of times but zero reply. Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with pioneering a luxury retail revolution by The Business of Fashion. If you have already emailed us with this request, we thank you for your patience and assure you we will get to your request as soon as possible.Kind regards,SNEAKERBOY, I purchased 2 balenciaga in March 3 months later I have only received 1 the other is still on back order. We will be providing an update on the status of your order as it progresses, however if you wish to cancel your order as a result of these delays, please email us at [email protected] and we will respond as soon as we can. A confluence of inflation, rising home loan interest rates, and surging food and power costs has led many to forecast retailers, particularly discretionary retailers, will face increasingly tough conditions. Featured Liquidation Auctions Show all auctions Pallet HPC - 800 to 1,200 Pcs Average - 10$ Retail per Unit Average - 75% Apparel and other General Merchandise - Brand New Overstock from Major E-Tailer Octets charges over Sneakerboy and Luxury Retail Group include all present and after-acquired property no exceptions. The telephone number for Luxury Retail Groups corporate headquarters in Melbourne was disconnected. Ordered online last May 26. 6 weeks for orders to ship. All times AEDT (GMT +11). Kind regards,Sneakerboy. Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with . Hi Mel,Thank you for taking the time to review Sneakerboy. Lotz International, LLC. In one word: profits. During these sales, you can pick up some awesome shoe liquidation truckloads at ridiculous prices. SmartCompany understands Sneakerboy turns over around $50,000 per week and Carrafa says its a strong business model. 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. No one has called me and I cant get in touch with anyone to even get an update, one person said. Seemed like a good idea to mention it again.). Subscribe to receive time-sensitive and limited quantity deals. Find out more about our policy and your choices, including how to opt-out. These discussions are now being urgently escalated by the administrator as part of the voluntary administration process.. From brand-named clothing to popular electronic items and trendy items - we've got everything you need to support your business. 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. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. Email Max Mason on [email protected] from a secure non-work device. 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. 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. Plaintiff or Plaintiff's legal practitioner: 10:30AM, The company operates three retail stores in Melbourne and one in Sydney, along with an online retail portal. Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. It's been a month since I ordered and I got nothing. Weekly 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. Dixon estimated in the report it would take between 12 to 18 months to complete Sneakerboys liquidation. Ive tried calling to no avail. By David K. Li and Pei-Sze Cheng / Workplace Matters, No one has called me and I cant get in touch with anyone to even get an update.. 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. 1-800-593-8595 Toll Free or Local (FL) 954-964-3064. Category. Therefore, please feel free to get in touch with us in case you have any questions. . Sent an email to get a refund, got an automated generic response. 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. I even bought an essentials jumper they created a courier document and it still has not been sent. Go ahead and pick your favorite shoe liquidation truckload. Hamilton Murphy Advisory said the companies have previously held discussions with parties who have expressed an interest in purchasing the business. No delivery No refund. We welcome you to visit us at our Pembroke Florida location. The retailer, which sells. I am furious!!! 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. Sneakerboy | 1,928 followers on LinkedIn. Sneakerboy has been left with just four retail stores - three in Melbourne and one in Sydney, and an online store. Carrafa says the successful sale demonstrates the benefit of seeking help from administrators at an early stage. and Conditions, Privacy !I've been trying to get in touch for over a month regarding an Essentials sweater that was "supposedly" in stock. SNEAKERBOY in Little Bourke Street. I thought it would be nice to get an essentials tee before my holiday. Innovative Reverse Logistics solutions to retailers of all sizes anywhere in the world. Help using this website - Accessibility statement, Sneakerboy took its landlord, Georges Properties, to court. We recommend that you browse through our catalog and choose your favorite shoe liquidation truckload. Follow the topics, people and companies that matter to you. Company is terrible and no one should shop from them or give them money. On Fridays everything sells for $14 and the price drops daily all the way to $1 on Thursdays! 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. 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. With our services, you can start your business online in no time and serve your customers high-end products with huge margins. Sneakerboys collapse into administration brush is not thefirst challengeto face the company. But administrator Michael Carrafa of SV Partners told SmartCompany Sneakerboy ran into trouble after a dispute between Kyvetos and one of the shareholders. 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). Consumers and Resellers all over the world, We ship LIQUIDATION MERCHANDISE domestically and internationally. (did we mention that already? Wholesale Athletic shoe Mix Nike,Asics,Mizuno,Brooks,Adidas,etc. I will not be shopping again and will be taking this further! Messages left on instagram, seenzoned. 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. I will filing consumer affairs complaints and ACCC, they shouldnt be trading at all. Looking for a new job or job candidate? Still hasnt arrived. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Get the latest business news, funding information, and expert advice. I purchased 2 Essential sweaters on May 18th and I still havent received anything. James Chou was among those who took up the deal, paying $400 for a pair of Alexander McQueen sneakers he never received. Placed my order weeks ago (order 322484) and have not received any notice of my order. Im in a similar boat to a lot of other customers. Cut your business cost by half by saving on the transportation cost, salaries of employees and a rented workplace. 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. Absolutely horrified at my experience with Sneakerboy! Still trading even if they are now in Administration. You can find those pair of shoes at our shoe liquidation truckloads for a much cheaper price. 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. I still haven't received any shipping code, I have emailed them several times over weeks ago and never got a response. 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. As a result, your margins tend to be hefty and lucrative when you sell these products through your online store. 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. 18March2021. Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM QLD News 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 [email protected] if you have any further concerns.Kind regards, Sneakerboy.