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.. Calls to Sneakerboys Melbourne CBD flagship store went unanswered Monday morning. The telephone number for Luxury Retail Groups corporate headquarters in Melbourne was disconnected. We assure you well get to your enquiry as soon as possible and thank you for your patience.Kind regards,SNEAKERBOY. EST 2012 | Established in 2013 as an innovative hybrid model that fuses the best physical elements of bricks-and-mortar with . Scam! 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. 2023 Trustpilot, Inc. All rights reserved. Sneakerboy, which ran stores in Sydney, Melbourne and on the Gold Coast, collapsed in July last year. 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. Ordered online last May 26, 2022. 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. The difficult but prudent decision has been made to initiate the voluntary administration process. What do you get in return? Demand for goods tends to be high and your favorite truckload might get sold to someone else if you arent quick enough. Innovative Reverse Logistics solutions to retailers of all sizes anywhere in the world. Enjoy an EXTRA 50% off in our BACK ROOM weekly from Friday through Monday! Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers - cashed-up tourists and students - disappeared. The 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. My husband was told to pick up in store, went there the next day and they are closed! We recognise that their sovereignty has never been ceded. Consumers and Resellers all over the world, We ship LIQUIDATION MERCHANDISE domestically and internationally. 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. Luxury sneaker retailer Sneakerboy is being pursued by the Australian Taxation Office for $1.2m in unpaid superannuation and taxes. The first question most of you will have is: where do I buy my inventory? Octets charges over Sneakerboy and Luxury Retail Group include all present and after-acquired property no exceptions. Home > keyword "sneakers" Refine Your Search. At the time,The Herald Sunreported Pacific Fair was chasing the company for nearly$300,000 in unpaid rent. Kind regards, Sneakerboy. Still hasnt arrived. However, it re-emerged following a sale to a party relating to one of the directors, Carrafa said. Please look for an email from Hamilton Murphy outlining the actions around past orders. 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. With these shoe liquidation truckloads, you find an assortment of goods from different brands within the same shipment. SmartCompany acknowledges the Traditional Owners of the many nations across Australia, and pay our respect to Elders past and present. Selling shoes online, therefore, is an extremely lucrative and profitable business. 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. Our site will be temporarily unavailable during this time. Within hours, shed lost $40,000, Mining giants $4 million gift over missing capusle, but its not cash. Sneakerboy owes money to 57 firms, with only two secured creditors - Octet, which is owed nearly $2.8 million, and Luxury Retail Treasury Pty Ltd, which has 12.3 million in payables . Messages left on instagram, seenzoned. Together we have achieved this milestone in the history of ourcompany." From the reviews below it appears Im not the only one, all my other experiences with Sneakerboy have been fine. 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. No delivery No refund. When you purchase your shoe liquidation truckloads from us, you get them at a much cheaper price than what is offered in the market. Find out how we combat fake reviews. 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.. 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: 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. What's the benefit for you? Worst experience I have ever had with a retailer. 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. Copyright © 2023 Private Media Pty Ltd. Publishers of smartcompany.com.au. 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. 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. A whopping $500,000 is also owed to 120 past and current staff members through unpaid wages and entitlements. 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. Lotz International, LLC. Even the order of husband, they didnt send it. Hi Keira,Thank you for reaching out and taking the time to leave us a review.We pride ourselves in providing top tier customer service and are so sorry to hear that we missed the mark in this instance.We're sorry to hear that you are experiencing a delay, however during busy sales periods there may be increased processing and shipping time for customer orders. The retailer, which sells. The difficult but prudent decision has been made to initiate the voluntary administration process. I am working with the Department of Employment and Workplace Relations to verify the Companys outstanding employee entitlements, Dixon wrote. However, it had failed to confirm their intentions to fulfil prepaid orders, accept gift vouchers or honour any exchanges or refunds. Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with . Internet divided over gross find in bulk buy bargain at major retail chain, Urgent recall: Noodle buy pulled from Victorian stores amid reaction fears. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. All orders pre-dating July 2, 2022 please contact Hamilton Murphy on (03) 8866 7600. 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. Sneakerboys Facebook page is riddled with people complaining they had not received their orders. This has to be the biggest joke. With our versatile shoe liquidation truckloads, you can run your very own part-time or full-time business you always dreamed of. Ive tried calling to no avail. 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. Sneakerboy | 1,928 followers on LinkedIn. Add to Cart. Hamilton Murphy said the collapsed companies had previously held discussions with interested parties to sell the business. At this meeting, details will be provided to all stakeholders in relation to the financial and structural position of the companies. 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. we can only give you a credit refund". Hamilton Murphy declined to comment when contacted by 7NEWS.com.au while Fraser Group did not respond. I thought it would be nice to get an essentials tee before my holiday. Im in a similar boat to a lot of other customers. Editors note: The author of this article is a customer who was impacted by Sneakerboy going into administration. JA. Lotz International, LLC. Please look for an email from Hamilton Murphy outlining the actions around past orders. Simon Johanson. Too much lies! Go ahead and pick your favorite shoe liquidation truckload. Why pay thousands per square metre when you can basically pay zero? Kyvetos told The Australian in 2013. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. - Sam Pires, CEO. I have never had to follow up this much. If there's one apparel item that everyone uses, its shoes. I would give no stars if I could. Up untill now I still haven't got any updates and the status till states thag it's on "Backorder". 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 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 previously faced wind-up actions from footwear brand Adidas in 2021 and the Victorian Commission of State Revenue in 2020. These discussions are now being urgently escalated by the Administrator as part of the Voluntary Administration process, it said. The first creditors meeting will be held next week on Wednesday, July 13 at 11am. 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. The company operates three retail stores in Melbourne and one in Sydney, along with an online retail portal. Wholesale Domestic Loads Blankets & Pillows. If you wanna cancel the order and refund, thats fine but atleast communicate. Luxury sneaker retailer Sneakerboy is facing liquidation after sportswear giant Adidas launched legal action over an unpaid bill. 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. 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 Hi Evelyn,Thanks for taking the time to share your review. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) Appointee/Solicitor Name. I purchased a $200+ sweater over two months ago. 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 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. Placed my order weeks ago (order 322484) and have not received any notice of my order. Embattled luxury footwear and streetwear retailer Sneakerboy is up for sale after falling into administration due to financing problems. Sneakerboy today announced that Stephen Dixon of Hamilton Murphy Advisory has been appointed as voluntary administrator Hamilton Murphy Advisory said in a statement. Sneakerboy operated a retail store at the shopping centre, though it is no longer listed on the Sneakerboy website. You'll also receive messages on behalf of our partners. After purchasing a rick owens island dunk and finally receiving them after 3 weeks. 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 also ensure all reviews are published without moderation. 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. 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. You can find those pair of shoes at our shoe liquidation truckloads for a much cheaper 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. 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. 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. FundIT Limited is also listed as having a charge over Luxury Retail Group. 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. Hi Noa,Thank you for taking the time to review Sneakerboy. 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. Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. Together we have achieved this milestone in the history of ourcompany." 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. Follow the topics, people and companies that matter to you. This is an absolute lie. Luxury Retail Group is similarly split between Mr Poulakis and Mr Mair, although via four entities. Well, purchasing branded shoes from the market can be a little hefty for your pocket. This has been a really upsetting experience - I ordered my first ever designer item one month ago after a friend recommended Sneakerboy to me. Sneakerboy was contacted for further comment. Therefore, please feel free to get in touch with us in case you have any questions. An investigation is now underway to determine whether Sneakerboy traded while insolvent. I have sent emails and messages to there instagram and have still not got a response. Hamilton Murphy Advisory said the companies have previously held discussions with parties who have expressed an interest in purchasing the business. Just a week before Sneakerboy collapsed, with $17.2 million owed . 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. If its too far gone its a lot more difficult.. Companies can ask for reviews via automatic invitations. Email sent to ask where the shoes are, no response. If I could leave zero rating I would. This company is a jokeWould like my order cancelled and refunded. 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 realised then they were taking our money then paying nike before Nike would give them the stock. 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. 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. 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. A creditors meeting will be held July 13. Verification can help ensure real people write reviews about real companies. Our experienced Team is Ready to assist you. Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM QLD News translation missing: en.general.accessibility.unit_price_separator, 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. 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.
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