Placed my order weeks ago (order 322484) and have not received any notice of my order. 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. 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. I still haven't received any shipping code, I have emailed them several times over weeks ago and never got a response. Reasons, Why Liquidators are the Best Wholesale Suppliers today? However, they didn't make any updates, so I had to ask them every now and then for almost three months. Companies can ask for reviews via automatic invitations. Innovative Reverse Logistics solutions to retailers of all sizes anywhere in the world. I realised then they were taking our money then paying nike before Nike would give them the stock. Ive sent countless emails, Instagram messages and phone calls and no response, another said. Tried ringing the phone numbers on their website but no one picks up the phone. Moreover, these are high-quality goods with their original packaging and tags intact. 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. This company is a jokeWould like my order cancelled and refunded. I will not be collecting the item as I do not have the time, hence why I paid for delivery in the first place. 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. Free to sign up. I purchased a $200+ sweater over two months ago. 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. Thank you for your understanding! 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. 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. I thought it would be nice to get an essentials tee before my holiday. Do not order anything online from Sneaker boy they DO NOT HAVE ANY STOCK!!! Hi everyone see the below from the administrators on orders:All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. 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. AU. Kind regards,Sneakerboy. 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. If its too far gone its a lot more difficult.. I am still waiting on sneakers purchased after the Pacific Fair store a month ago. 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. 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. Five companies were included on the notice, Sneakerboy Pty Ltd and two related companies under the Sneakerboy name, and Luxury Retail Treasury Pty Ltd and Luxury Retail Group Pty Ltd (Sneakerboys parent company). SNEAKERBOY RETAIL PTY LTD: ACN: 604 708 189: Status: In Liquidation: Appointment Date: 29 September 2022: Resolution. Find out more about our policy and your choices, including how to opt-out. Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers cashed-up tourists and students disappeared. We Ship to various locations throughout the USA and overseas. Here are 8 tips for writing great reviews. 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. 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. These discussions are now being urgently escalated by the Administrator as part of the Voluntary Administration process, it said. 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. Im in a similar boat to a lot of other customers. FundIT Limited is also listed as having a charge over Luxury Retail Group. Clothing . 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. A creditors meeting will be held July 13. 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. Anyone can write a Trustpilot review. Luxury Retail Group is similarly split between Mr Poulakis and Mr Mair, although via four entities. SNEAKERBOY in Little Bourke Street. Keep in mind i ordered it 3 weeks before I was meant to leave. Add to Cart. and Conditions, Privacy We recommend that you browse through our catalog and choose your favorite shoe liquidation truckload. 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. The first creditors meeting will be held next week on Wednesday, July 13 at 11am. I purchased 2 Essential sweaters on May 18th and I still havent received anything. Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. What's the benefit for you? Hi Jo,Thank you for taking the time to review Sneakerboy. Luxury footwear and fashion retailer Sneakerboy faces a new test after administrators were appointed to oversee the embattled retail chain. The report estimated the company owed $1.7 million in employee entitlements, including almost $1.3 million in superannuation. Footwear giant Adidas filed its ownwinding-up order in March 2021,while theVictorian State Revenue Office sought a wind-up in April 2020. These liquidation truckloads are offered at a supremely heavy discount compared to their market price. Hi Michael,Thank you for taking the time to leave us a review.We're sorry to gear that you have not yet received your order. . They didnt send my order bought in May. We need an update. Well, we will say youre on the absolute right page. Our site will be temporarily unavailable during this time. 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. *By completing this form you're signing up to receive our emails and can unsubscribe at any time. The phone number associated with Luxury Retail Group was also disconnected. Hearing details The details of the hearing are: Copies of documents filed may be obtained from the plaintiff's address for service. Established in 2013, SNEAKERBOY was founded on the idea that sneakers and streetwear were becoming icons of luxury. Sneakerboy sells upmarket footwear and streetwear, with some Balenciaga sneakers on its walls reaching north of $1500. Sneakerboy has previously faced wind-up actions from footwear brand Adidas in 2021 and the Victorian Commission of State Revenue in 2020. Subscribe to receive time-sensitive and limited quantity deals. 18March2021. This is an absolute lie. (did we mention that already? Until, they finally responded with "what do you want then? Sneakerboys collapse into administration brush is not thefirst challengeto face the company. Octets charges over Sneakerboy and Luxury Retail Group include all present and after-acquired property no exceptions. Ordered online last May 26, 2022. The voluntary administration appointment has been made due to short term financing difficulties being experienced by the company. A luxury shoe retailer has gone into administration following years of controversy and multiple angry customers. I have been told that my order (319052) was going to be dispatched from their Melbourne store. Just fill out the fields below and we'll send your friend a link to this article along with a message from you. Still trading and accepting orders even if they are now in Administration. Together we have achieved this milestone in the history of ourcompany." Sneakerboy, which ran stores in Sydney, Melbourne and on the Gold Coast, collapsed in July last year. 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 youremail@yourdomain.com 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. 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: And finally, we will recommend that you bookmark this page. Also, in order to diversify your inventory, pick different kinds of truckloads so that your customers have more choice when they purchase. Therefore, you end up getting a great variety for your inventory at a fraction of the price. From the reviews below it appears Im not the only one, all my other experiences with Sneakerboy have been fine. 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. Sneakerboy has been left with just four retail stores - three in Melbourne and one in Sydney, and an online store. 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. But administrator Michael Carrafa of SV Partners told SmartCompany Sneakerboy ran into trouble after a dispute between Kyvetos and one of the shareholders. Here you'll find some of the best shoe liquidation truckloads that you can use for starting up your online business. 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. 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. Add to Cart. With our services, you can start your business online in no time and serve your customers high-end products with huge margins. The Australian fashion label went into liquidation last Friday with Matthew Kucianski of Worrells appointed as the liquidator. 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.. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) Appointee/Solicitor Name. 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. 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. Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. However, it re-emerged following a sale to "a party relating to one of the directors," Carrafa said. 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. JA. No one has called me and I cant get in touch with anyone to even get an update, one person said. terrible customer service. As a student, this is really, truly heart-breaking. 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. 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). April 2, 2015. Email sent to ask where the shoes are, no response. Our experienced Team is Ready to assist you. Dont purchase anything from them, clearly there is something fishy going on. Our liquidation truckloads are sourced from some of the largest retailers in the United States. $20.00. Wholesale Liquidation Overstocks Bulk Returns Nike Jordans Levi. We only use 77sqm of our 80sqm of shop floor and carry over 300 [SKUs] of shoes with a back area of 3m.. Scam! At this meeting, details will be provided to all stakeholders in relation to the financial and structural position of the companies. Sneakerboy is facing a number of legal headwinds including a push by former supplier Adidas to have a court appoint a liquidator amid a standoff over a $148,000 bill. Please look for an email from Hamilton Murphy outlining the actions around past orders. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. 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. Follow the topics, people and companies that matter to you. 1-800-593-8595 Toll Free or Local (FL) 954-964-3064. Together we have achieved this milestone in the history of ourcompany." 6 weeks for orders to ship. I have spoken with a Golden Goose representative who has confirmed they have not been supplying Sneakerboy with stock for months. A whopping $500,000 is also owed to 120 past and current staff members through unpaid wages and entitlements. 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. 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. 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. I ordered the recent Essentials drop, its been almost two weeks and I still havent gotten an update from them. $175,000.00. The telephone number for Luxury Retail Groups corporate headquarters in Melbourne remained disconnected on Tuesday. They dont have stocks but still advertising and accepting orders. Hi there.Thanks for taking the time to write us a review.We're currently experiencing high order volumes which have caused fulfilment delays. EST 2012 | Established in 2013 as an innovative hybrid model that fuses the best physical elements of bricks-and-mortar with . 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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. Up untill now I still haven't got any updates and the status till states thag it's on "Backorder". SmartCompany acknowledges the Traditional Owners of the many nations across Australia, and pay our respect to Elders past and present. Carrafa says Kyvetos is still involved in the business overseeing the buying of stock. Also if youre a small businessman, there is a great advantage in purchasing shoe liquidation truckloads. 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. Do not buy from them. 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. Luxury retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. Do you know more? 2023 Trustpilot, Inc. All rights reserved. Calls to Sneakerboys Melbourne CBD flagship store went unanswered Monday morning. 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. However, it had failed to confirm their intentions to fulfil prepaid orders, accept gift vouchers or honour any exchanges or refunds. 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. Im not sure what to do as theyre not even responding to emails. 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. 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. 1 review. Our site will be temporarily unavailable during this time. 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. They have ignored my emails and request. Daily Still hasnt been shipped. A recent letter to creditors, seen by 7NEWS.com.au, says the company has no funds available to carry out compensation for victims. I am working with the Department of Employment and Workplace Relations to verify the Companys outstanding employee entitlements, Dixon wrote. The telephone number for Luxury Retail Groups corporate headquarters in Melbourne was disconnected. Please look for an email from Hamilton Murphy outlining the actions around past orders. Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. Thank you for your understanding! 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. Verification can help ensure real people write reviews about real companies. We apologise for any inconvenience caused and assure you your order will be in transit with our courier shortly. Poor culture and poor management, Hi Andy,Thanks for your review.We appreciate this feedback and we're sorry to hear we have not provided the best experience with your order. 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 I do ever get a response, it's a generic one. July 6, 2022 - 7:27AM NCA NewsWire Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. Plaintiff's details Plaintiff's address for service: This notice does not mean that the company was wound up. A short statement on Sneakerboys website said Sneakerboy is in Administration. 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. After purchasing a rick owens island dunk and finally receiving them after 3 weeks. Hamilton Murphy Advisory said the companies have previously held discussions with parties who have expressed an interest in purchasing the business. Consumers and Resellers all over the world, We ship LIQUIDATION MERCHANDISE domestically and internationally. 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. Lotz International, LLC. 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. Luxury Retail Group is similarly split between Mr Poulakis and Mr Mair, although via four entities. Weekly Simon Johanson. My husband was told to pick up in store, went there the next day and they are closed! 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. 2023 RLA Excellence Awards Winner: 'Innovation Solutions Partner' Read the Press Release. 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. Chou managed to receive a refund after emailing buy-now, pay-later company Afterpay for several months. 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. Our site will be temporarily unavailable during this time. Jun 17, 2022. Please look for an email from Hamilton Murphy outlining the actions around past orders. 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. 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. Hi Noa,Thank you for taking the time to review Sneakerboy. 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. 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. Sneakerboy was contacted for further comment. Copyright © 2023 Private Media Pty Ltd. Publishers of smartcompany.com.au. Along with shoes, theres also elated footwear such as flip flops, sneakers, wellingtons, etc. 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. Worst experience I have ever had with a retailer. Staff were told on Friday afternoon that they were being made redundant after the company failed to find a buyer. !I've been trying to get in touch for over a month regarding an Essentials sweater that was "supposedly" in stock. Luxury sneaker retailer Sneakerboy is facing liquidation after sportswear giant Adidas launched legal action over an unpaid bill. Frustrated customers have bombarded the companys online platforms and review sites in recent months over delayed orders dating back to January. Free to sign up. It goes against our guidelines to offer incentives for reviews. 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 Still trading even if they are now in Administration. Please look for an email from Hamilton Murphy outlining the actions around past orders. 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. 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. The company operates three retail stores in Melbourne and one in Sydney, along with an online retail portal. 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. 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. In one word: profits. 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. Twenty-two former employees have made claims for unpaid entitlements. 2023 Quicklotz Home > keyword "sneakers" Refine Your Search. Sneakerboy today announced that Stephen Dixon of Hamilton Murphy Advisory has been appointed as voluntary administrator Hamilton Murphy Advisory said in a statement. Too much lies! 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. We use dedicated people and clever technology to safeguard our platform. Hamilton Murphy declined to comment when contacted by 7NEWS.com.au while Fraser Group did not respond. 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.