We often find ourselves filling every waking moment with activity, thinking that this is the only way to get ahead. - Sam Pires, CEO. They dont have stocks but still advertising and accepting orders. 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. Sneakerboy: Shoe retailer faces liquidation for failing to pay rent at As a result, your margins tend to be hefty and lucrative when you sell these products through your online store. 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. Therefore, you end up getting a great variety for your inventory at a fraction of the price. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. Carrafa says the successful sale demonstrates the benefit of seeking help from administrators at an early stage. Add to Cart. 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: The phone number associated with Luxury Retail Group was also disconnected. JA. Heres the fix, Five ways businesses can beat the scourge of busyness and boost productivity, My Biggest Mistake: Martin Karafilis, CEO of Fishburners. 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. Sneakerboy collapse: Company owes $17.2 million to creditors - news Dont purchase anything from them, clearly there is something fishy going on. Sneakerboy Pty Ltd 603 960 961 | Winding Up Application | Winding up 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. Sneakerboy: Cult shoe company owes $17.2 million to staff and creditors 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. I am still waiting on sneakers purchased after the Pacific Fair store a month ago. 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. 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. 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. 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. The difficult but prudent decision has been made to initiate the voluntary administration process. Worst experience I have ever had with a retailer. Add to Cart. sneakers - auctions - Liquidation.com Auctions I am furious!!! 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. The first question most of you will have is: where do I buy my inventory? Thank you for your understanding! Wholesale Domestic Loads Blankets & Pillows. 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. 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. Ive sent countless emails, Instagram messages and phone calls and no response, another said. 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. Luxury Retail Group is similarly split between Mr Poulakis and Mr Mair, although via four entities. As a student, this is really, truly heart-breaking. 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. Please look for an email from Hamilton Murphy outlining the actions around past orders. Carrafa says Kyvetos is still involved in the business overseeing the buying of stock. Subscribe to receive time-sensitive and limited quantity deals. 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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 help@sneakerboy.com if you have any further concerns.Kind regards, Sneakerboy. 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. Ordered online last May 26. Thank you for your understanding! . Along with shoes, theres also elated footwear such as flip flops, sneakers, wellingtons, etc. No one has called me and I cant get in touch with anyone to even get an update, one person said. They created a fake tracking number and the item was never sent. Scam! Kind regards, Sneakerboy. The retailer, which sells. Poor customer service, never respond to emails or instagram message after several attempts.Place order on the 18/5, been over a month and no order received! Up untill now I still haven't got any updates and the status till states thag it's on "Backorder". However, they didn't make any updates, so I had to ask them every now and then for almost three months. (did we mention that already? Sneakerboy operated a retail store at the shopping centre, though it is no longer listed on the Sneakerboy website. 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. 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. Also, in order to diversify your inventory, pick different kinds of truckloads so that your customers have more choice when they purchase. Add to Cart. On Fridays everything sells for $14 and the price drops daily all the way to $1 on Thursdays! 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. Selling shoes online, therefore, is an extremely lucrative and profitable business. Messages left on instagram, seenzoned. And finally, we will recommend that you bookmark this page. During these sales, you can pick up some awesome shoe liquidation truckloads at ridiculous prices. Sneakerboys collapse into administration brush is not thefirst challengeto face the company. If my parcel is waiting for collection whats the carrier company and reference details, a frustrated customer asked. Keep in mind i ordered it 3 weeks before I was meant to leave. Herald Sun - Luxury retailer Sneakerboy facing a | Facebook When you purchase your shoe liquidation truckloads from us, you get them at a much cheaper price than what is offered in the market. The company operates three retail stores in Melbourne and one in Sydney, along with an online retail portal. Sneakerboy is about maximising retail space with online efficiency. I realised then they were taking our money then paying nike before Nike would give them the stock. April 2, 2015. $175,000.00. 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. Our site will be temporarily unavailable during this time. we can only give you a credit refund". Please look for an email from Hamilton Murphy outlining the actions around past orders. 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. Hamilton Murphy Advisory said the companies have previously held discussions with parties who have expressed an interest in purchasing the business. At the time,The Herald Sunreported Pacific Fair was chasing the company for nearly$300,000 in unpaid rent. Here are 8 tips for writing great reviews. With these shoe liquidation truckloads, you find an assortment of goods from different brands within the same shipment. 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. !I've been trying to get in touch for over a month regarding an Essentials sweater that was "supposedly" in stock. 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. Staff were told on Friday afternoon that they were being made redundant after the company failed to find a buyer. If you guys are reading this (STAFF) my order # is ORDER 317094 its a shame it has to come down to this. What's the benefit for you? Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM QLD News Im not sure what to do as theyre not even responding to emails. and Conditions, Privacy Nike Sneaker Liquidation - New Product List I will be taking this to consumer affairs and will be filling a complaint! Cheers and singing as 'disorderly' woman booted of Jetstar flight. Placed my order weeks ago (order 322484) and have not received any notice of my order. I thought it would be nice to get an essentials tee before my holiday. We use dedicated people and clever technology to safeguard our platform. 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. Hi Jo,Thank you for taking the time to review Sneakerboy. Verification can help ensure real people write reviews about real companies. Daily 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. Thank you for your understanding! Please look for an email from Hamilton Murphy outlining the actions around past orders. 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. 2023 Trustpilot, Inc. All rights reserved. Do you know more? 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 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. 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.. Therefore, please feel free to get in touch with us in case you have any questions. 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. 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. Enjoy an EXTRA 50% off in our BACK ROOM weekly from Friday through Monday! I have been told that my order (319052) was going to be dispatched from their Melbourne store. Hi Mel,Thank you for taking the time to review Sneakerboy. Kind regards,Sneakerboy. *By completing this form you're signing up to receive our emails and can unsubscribe at any time. Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. SNEAKERBOY - Facebook We need an update. But administrator Michael Carrafa of SV Partners told SmartCompany Sneakerboy ran into trouble after a dispute between Kyvetos and one of the shareholders. Shoes - GBY Liquidations From the reviews below it appears Im not the only one, all my other experiences with Sneakerboy have been fine. Our experienced Team is Ready to assist you. The telephone number for Luxury Retail Groups corporate headquarters in Melbourne remained disconnected on Tuesday. SmartCompany acknowledges the Traditional Owners of the many nations across Australia, and pay our respect to Elders past and present. It's been a month since I ordered and I got nothing. Subscribe to receive time-sensitive and limited quantity deals. Well, we will say youre on the absolute right page. 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. 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. They didnt send my order bought in May. Category. Hearing details The details of the hearing are: Copies of documents filed may be obtained from the plaintiff's address for service. Demand for goods tends to be high and your favorite truckload might get sold to someone else if you arent quick enough. Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. Here you'll find some of the best shoe liquidation truckloads that you can use for starting up your online business. 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. 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. I purchased 2 Essential sweaters on May 18th and I still havent received anything. Seemed like a good idea to mention it again.). Innovative Reverse Logistics solutions to retailers of all sizes anywhere in the world. 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. July 6, 2022 - 7:27AM NCA NewsWire Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. Lotz International, LLC. Another said: Hi, if you guys dont ship my order, I am going to file a chargeback with my bank as you are not responding to my emails either.. Copyright © 2023 Private Media Pty Ltd. Publishers of smartcompany.com.au. 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. 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.. 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. Sent an email to get a refund, got an automated generic response. 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. SNEAKERBOY Reviews | Read Customer Service Reviews of www.sneakerboy.com Plaintiff or Plaintiff's legal practitioner: 10:30AM, Still hasnt been shipped. Reasons, Why Liquidators are the Best Wholesale Suppliers today? 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). If I could leave zero rating I would. Home > keyword "sneakers" Refine Your Search. Luxury retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. Fashion label Alice McCall owes more than $1million with ATO its With a complete source of wholesale fashion, electronics, and home improvement items, get the best deals near you! This is an absolute lie. my order numbers are 324000 and 323459, Hi Anthony,Thank you for taking the time to review Sneakerboy. 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. 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. "We thank God first, and we thank all our customers, suppliers, and the passion of our team. Nationwide News Pty Ltd 2023. 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. 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. Wholesale Liquidation Overstocks Bulk Returns Nike Jordans Levi. A hearing in the Melbourne Supreme Court on Thursday heard Sneakerboy and Adidas were working on a deal to settle the matter. These liquidation truckloads are offered at a supremely heavy discount compared to their market price. In April, AMP Pacific Fair, operators of the Gold Coast Pacific Fair shopping centre,filed a winding-up order in the Queensland Supreme Court. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. Sneakerboy may have traded while insolvent for year and a half We recommend that you browse through our catalog and choose your favorite shoe liquidation truckload. 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. But others are unlikely to be as fortunate. 2023 Quicklotz Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers cashed-up tourists and students disappeared. This has been a really upsetting experience - I ordered my first ever designer item one month ago after a friend recommended Sneakerboy to me. Lotz International, LLC. Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM Police & Courts Ordered online last May 26, 2022. 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 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. An investigation is now underway to determine whether Sneakerboy traded while insolvent. However, it re-emerged following a sale to "a party relating to one of the directors," Carrafa said. Cut your business cost by half by saving on the transportation cost, salaries of employees and a rented workplace. Herald Sun - Luxury sneaker retailer Sneakerboy is facing | Facebook We apologise as we are receiving a large volume of enquiries around shipping delays and we have not been able to commit to our usual response times which we understand is frustrating. Also if youre a small businessman, there is a great advantage in purchasing shoe liquidation truckloads. A creditors meeting will be held July 13. Together we have achieved this milestone in the history of ourcompany." SmartCompany understands Sneakerboy turns over around $50,000 per week and Carrafa says its a strong business model. 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 retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. 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. 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! Sneakerboy was contacted for further comment. After purchasing a rick owens island dunk and finally receiving them after 3 weeks. Footwear giant Adidas filed its ownwinding-up order in March 2021,while theVictorian State Revenue Office sought a wind-up in April 2020. *By completing this form you're signing up to receive our emails and can unsubscribe at any time. 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. 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 enters administration with creditors to meet this month 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. Reasons, Why Liquidators are the Best Wholesale Suppliers today? Sneakerboy has previously faced wind-up actions from footwear brand Adidas in 2021 and the Victorian Commission of State Revenue in 2020. I purchased a $200+ sweater over two months ago. 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. Ive tried calling to no avail. We went through an expressions of interest process, we had two interested parties but only received one offer, he says. I will filing consumer affairs complaints and ACCC, they shouldnt be trading at all. This company is a jokeWould like my order cancelled and refunded. My husband was told to pick up in store, went there the next day and they are closed! 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. 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. FundIT Limited is also listed as having a charge over Luxury Retail Group. 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. I even bought an essentials jumper they created a courier document and it still has not been sent. 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 Please look for an email from Hamilton Murphy outlining the actions around past orders. I have never had to follow up this much. The telephone number for Luxury Retail Groups corporate headquarters in Melbourne was disconnected. Luxury sportswear stores. Free to sign up. Customers fume after luxury sneaker store collapses with hundreds of A short statement on Sneakerboys website said Sneakerboy is in Administration. Looking for a new job or job candidate? 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. . Quicklotzis among the top 5,000 fastest growing private companies in America. !I will definitely bring this matter to fair traiding and police if required. DO NOT USE!!! Sneakerboy facing winding up action from lender | The Courier Mail I tried to get a refund, but they said they would inspect the sneaker to ensure it was fake. Internet divided over gross find in bulk buy bargain at major retail chain, Urgent recall: Noodle buy pulled from Victorian stores amid reaction fears. 1-800-593-8595 Toll Free or Local (FL) 954-964-3064. 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. Nike Liquidation Auctions - Bulk Wholesale Lots - DirectLiquidation