These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. Monthly, on February 18, 2021, between 9:30 pm and 10:30 pm. They dont have stocks but still advertising and accepting orders. I ordered the recent Essentials drop, its been almost two weeks and I still havent gotten an update from them. It's been a month since I ordered and I got nothing. 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. However, they didn't make any updates, so I had to ask them every now and then for almost three months. Company is terrible and no one should shop from them or give them money. 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. But administrator Michael Carrafa of SV Partners told SmartCompany Sneakerboy ran into trouble after a dispute between Kyvetos and one of the shareholders. 2023 Quicklotz Policy, after the Supreme Court of NSW ruled Sneakerboy be granted at least six months of breathing room to recover from Covid-19 business closures, Tigerlily CEO Travis Wright on what it takes to win at online retail, Bonds unveils The UnGenderwear Project, aims to create a safe space, Break the bias: The Iconic CEO Erica Berchtold on taking action today, Value retailers get a bad rap: Best & Less CEO talks ethical sourcing, Openpay collapses as economic reality hits Australian BNPL players, Milkrun seeks investment as a perfect economic storm hits instant delivery, Meal delivery startup ChefPrep buys Co-Lab Pantry, DoorDash, TWU sign industry-first agreement on gig economy principles, BNPL firm Pay It Later faces wind-up order, as SMEs claim bills unpaid, Sneakerboy directors face $500,000-plus claim over unpaid super, Frasers Group buys Sneakerboy, plans to revive business, Many potential saviours in line for stricken Sneakerboy Group, LRG looks to next brand, amid continued portfolio growth, Disruptors rule the rise of re-commerce, Unlimited access to news,insights and opinions, Independent research reports and forecasts, Exclusive Masterclass access. SNEAKERBOY in Little Bourke Street. July 6, 2022 - 7:27AM NCA NewsWire Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. Say goodbye to paying extra. Do not order anything online from Sneaker boy they DO NOT HAVE ANY STOCK!!! Give us a call Monday through Friday from 9:00am to 5:00pm EST. What do you get in return? Footwear giant Adidas filed its ownwinding-up order in March 2021,while theVictorian State Revenue Office sought a wind-up in April 2020. Our strategy focuses on delivering the highest recovery rates in the industry. I have been told that my order (319052) was going to be dispatched from their Melbourne store. I realised then they were taking our money then paying nike before Nike would give them the stock. 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. Add to Cart. 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. Dont purchase anything from them, clearly there is something fishy going on. However, he said that poor business management was also a prominent factor. Luxury retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. 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 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 Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. At the time,The Herald Sunreported Pacific Fair was chasing the company for nearly$300,000 in unpaid rent. 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. I am still waiting on sneakers purchased after the Pacific Fair store a month ago. An investigation is now underway to determine whether Sneakerboy traded while insolvent. Lotz International, LLC. 1 review. All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. Hi Noa,Thank you for taking the time to review Sneakerboy. If I could leave zero rating I would. We Ship to various locations throughout the USA and overseas. Sneakerboy is about maximising retail space with online efficiency. If my parcel is waiting for collection whats the carrier company and reference details, a frustrated customer asked. I thought it would be nice to get an essentials tee before my holiday. 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). 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. These discussions are now being urgently escalated by the Administrator as part of the Voluntary Administration process, it said. 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. 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. Dixon estimated in the report it would take between 12 to 18 months to complete Sneakerboys liquidation. 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. JA. - Sam Pires, CEO. 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. Our site will be temporarily unavailable during this time. Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. With our services, you can start your business online in no time and serve your customers high-end products with huge margins. If there's one apparel item that everyone uses, its shoes. Embattled luxury footwear and streetwear retailer Sneakerboy is up for sale after falling into administration due to financing problems. 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. Hi Evelyn,Thanks for taking the time to share your 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. 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. 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.. I will be taking this to consumer affairs and will be filling a complaint! 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 Reasons, Why Liquidators are the Best Wholesale Suppliers today? Just posting this to spread awareness for others really. 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. Frustrated customers have bombarded the companys online platforms and review sites in recent months over delayed orders dating back to January. Kind regards,Sneakerboy. All times AEDT (GMT +11). Run this search agent and email me with matches: Luxury sneaker and streetwear retailer Sneakerboy, which has shops in the Melbourne CBD and Chadstone, is facing liquidation after being taken to court by Adidas over an unpaid bill. Verification can help ensure real people write reviews about real companies. 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. 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. Thank you for your understanding! We also ensure all reviews are published without moderation. Hamilton Murphy Advisory said the companies have previously held discussions with parties who have expressed an interest in purchasing the business. 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. Be honest, dont treat (people) like that plus I wont ever buy stuff from them again, he said. *By completing this form you're signing up to receive our emails and can unsubscribe at any time. 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. 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. Hi there.Thanks for taking the time to write us a review.We're currently experiencing high order volumes which have caused fulfilment delays. Lotz International, LLC. And they were saying that is a system problem and asked me to wait, I never get my invoice and tracking number. During these sales, you can pick up some awesome shoe liquidation truckloads at ridiculous prices. Sneakerboy has been left with just four retail stores - three in Melbourne and one in Sydney, and an online store. I purchased 2 Essential sweaters on May 18th and I still havent received anything. With a complete source of wholesale fashion, electronics, and home improvement items, get the best deals near you! $20.00. Add to Cart. Our site will be temporarily unavailable during this time. Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. Demand for goods tends to be high and your favorite truckload might get sold to someone else if you arent quick enough. Hi Caroline,Thank you for taking the time to review Sneakerboy. 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.. The telephone number for Luxury Retail Groups corporate headquarters in Melbourne was disconnected. We apologise for any inconvenience caused and assure you your order will be in transit with our courier shortly. Sneakerboy held a sale in May 2022 where a number of customers did not receive their orders. However, it had failed to confirm their intentions to fulfil prepaid orders, accept gift vouchers or honour any exchanges or refunds. We recommend that you browse through our catalog and choose your favorite shoe liquidation truckload. "We thank God first, and we thank all our customers, suppliers, and the passion of our team. I would give no stars if I could. 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. This company is a jokeWould like my order cancelled and refunded. April 2, 2015. An investigation is now underway to determine whether Sneakerboy traded while insolvent. Absolutely horrified at my experience with Sneakerboy! Also, in order to diversify your inventory, pick different kinds of truckloads so that your customers have more choice when they purchase. After purchasing a rick owens island dunk and finally receiving them after 3 weeks. Please look for an email from Hamilton Murphy outlining the actions around past orders. 2023 RLA Excellence Awards Winner: 'Innovation Solutions Partner' Read the Press Release. They have ignored my emails and request. Sneakerboy was contacted for further comment. Our diversity of resale channels, from brick and mortar stores to overseas markets, allows us to maximize the value of each product category. Is your heart stuck on the pair of Nike Air which you saw in the showroom the other day? These liquidation truckloads are offered at a supremely heavy discount compared to their market price. Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers cashed-up tourists and students disappeared. - Sam Pires, CEO. Our liquidation truckloads are sourced from some of the largest retailers in the United States. A whopping $500,000 is also owed to 120 past and current staff members through unpaid wages and entitlements. my order numbers are 324000 and 323459, Hi Anthony,Thank you for taking the time to review Sneakerboy. Sent an email to get a refund, got an automated generic response. Our site will be temporarily unavailable during this time. 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. 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 Retail Pty Ltd and Luxury Retail Group are run by Nelson Mair and Theo Poulakis. However, it re-emerged following a sale to "a party relating to one of the directors," Carrafa said. The latest stories, funding information, and expert advice. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) Appointee/Solicitor Name. 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. After that i did receive a authentic pair, but this is ridiculous. This has to be the biggest joke. Reasons, Why Liquidators are the Best Wholesale Suppliers today? 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. 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. Please look for an email from Hamilton Murphy outlining the actions around past orders. translation missing: en.general.accessibility.unit_price_separator, 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. We need an update. Jun 17, 2022. 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. Well, we will say youre on the absolute right page. 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. We use dedicated people and clever technology to safeguard our platform. Moreover, people tend to buy multiple pairs of shoes to be worn on different occasions. 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). terrible customer service. 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. Find out how we combat fake reviews. Technology, engineering, professional services and sales roles are among Australias most sought-after job titles according to LinkedIn data. 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. Looking for a new job or job candidate? 1-800-593-8595 Toll Free or Local (FL) 954-964-3064. 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. Wholesale Domestic Loads Blankets & Pillows. The voluntary administration appointment has been made due to short term financing difficulties being experienced by the company. $175,000.00. When you purchase your shoe liquidation truckloads from us, you get them at a much cheaper price than what is offered in the market. I still haven't received any shipping code, I have emailed them several times over weeks ago and never got a response. Our liquidation truckloads are sourced from some of the largest retailers in the United States. I have sent emails and messages to there instagram and have still not got a response. As a result, your margins tend to be hefty and lucrative when you sell these products through your online store. Disgusting! 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. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. Find out more about our policy and your choices, including how to opt-out. Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with . Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers - cashed-up tourists and students - disappeared. Sneakerboy, which ran stores in Sydney, Melbourne and on the Gold Coast, collapsed in July last year. My husband was told to pick up in store, went there the next day and they are closed! Consumers and Resellers all over the world, We ship LIQUIDATION MERCHANDISE domestically and internationally. Hearing details The details of the hearing are: Copies of documents filed may be obtained from the plaintiff's address for service. Ive sent countless emails, Instagram messages and phone calls and no response, another said. Keep in mind i ordered it 3 weeks before I was meant to leave. AU. Hi Jo,Thank you for taking the time to review Sneakerboy. Just fill out the fields below and we'll send your friend a link to this article along with a message from you. Wholesale Liquidation Overstocks Bulk Returns Nike Jordans Levi. Sneakerboys collapse into administration brush is not thefirst challengeto face the company. 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. Carrafa says the successful sale demonstrates the benefit of seeking help from administrators at an early stage. Therefore, please feel free to get in touch with us in case you have any questions. Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. 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. Why pay thousands per square metre when you can basically pay zero? Kyvetos told The Australian in 2013. I will not be collecting the item as I do not have the time, hence why I paid for delivery in the first place. Still hasnt been shipped. so i decieded to email again and never got a response. 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. 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. If I do ever get a response, it's a generic one. Up untill now I still haven't got any updates and the status till states thag it's on "Backorder". Sneakerboy | 1,928 followers on LinkedIn. Sneakerboy operated a retail store at the shopping centre, though it is no longer listed on the Sneakerboy website. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. Together we have achieved this milestone in the history of ourcompany." Please look for an email from Hamilton Murphy outlining the actions around past orders. 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. 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. 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 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. Sneakerboy, which sells luxury sneakers and street wear, collapsed into administration on Saturday. 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. Cut your business cost by half by saving on the transportation cost, salaries of employees and a rented workplace. Here youll find some of the best shoe liquidation truckloads that you can use for starting up your online business. Just a week before Sneakerboy collapsed, with $17.2 million owed . 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 Australian fashion label went into liquidation last Friday with Matthew Kucianski of Worrells appointed as the liquidator. SNEAKERBOY RETAIL PTY LTD: ACN: 604 708 189: Status: In Liquidation: Appointment Date: 29 September 2022: Resolution. Still trading and accepting orders even if they are now in Administration. Luxury sportswear stores. Therefore, you end up getting a great variety for your inventory at a fraction of the price. Luxury Retail Group is similarly split between Mr Poulakis and Mr Mair, although via four entities. Help using this website - Accessibility statement, Sneakerboy took its landlord, Georges Properties, to court. We apologise for this inconvenience.A member of our customer service will be in contact with you as a priority with an update on your order.Kind regards,Sneakerboy, Stop trying to hide people into the email section and then ignore them, you guys are crooks and I'll be contacting all avenues until I either receive my order or a full refund (not a credit), honestly disgusting how things are done, if my parcel Is waiting for collection what's the carrier company? SmartCompany understands Sneakerboy turns over around $50,000 per week and Carrafa says its a strong business model.