sneakerboy liquidation

After that i did receive a authentic pair, but this is ridiculous. Plaintiff or Plaintiff's legal practitioner: 10:30AM, Be honest, dont treat (people) like that plus I wont ever buy stuff from them again, he said. Lotz International, LLC. 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. "We thank God first, and we thank all our customers, suppliers, and the passion of our team. $175,000.00. A confluence of inflation, rising home loan interest rates, and surging food and power costs has led many to forecast retailers, particularly discretionary retailers, will face increasingly tough conditions. Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. The first question most of you will have is: where do I buy my inventory? 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. Octets charges over Sneakerboy and Luxury Retail Group include all present and after-acquired property no exceptions. Subscribe to receive time-sensitive and limited quantity deals. 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. Enjoy an EXTRA 50% off in our BACK ROOM weekly from Friday through Monday! NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) . We recommend that you browse through our catalog and choose your favorite shoe liquidation truckload. The difficult but prudent decision has been made to initiate the voluntary administration process. Wholesale Domestic Loads Blankets & Pillows. 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. AU. No one has called me and I cant get in touch with anyone to even get an update, one person 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. !I will definitely bring this matter to fair traiding and police if required. Say goodbye to paying extra. 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. July 6, 2022 - 7:27AM NCA NewsWire Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. 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. Add to Cart. 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. With our services, you can start your business online in no time and serve your customers high-end products with huge margins. Simon Johanson. 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. Innovative Reverse Logistics solutions to retailers of all sizes anywhere in the world. If its too far gone its a lot more difficult.. 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. 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? my order numbers are 324000 and 323459, Hi Anthony,Thank you for taking the time to review Sneakerboy. Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. Calls to Sneakerboys Melbourne CBD flagship store went unanswered Monday morning. Cut your business cost by half by saving on the transportation cost, salaries of employees and a rented workplace. But administrator Michael Carrafa of SV Partners told SmartCompany Sneakerboy ran into trouble after a dispute between Kyvetos and one of the shareholders. DO NOT USE!!! It goes against our guidelines to offer incentives for reviews. 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. An investigation is now underway to determine whether Sneakerboy traded while insolvent. 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. $20.00. Ordered online last May 26, 2022. JA. Company is terrible and no one should shop from them or give them money. These discussions are now being urgently escalated by the Administrator as part of the Voluntary Administration process, it said. 2023 Quicklotz Ive tried calling to no avail. Sneakerboy, which ran stores in Sydney, Melbourne and on the Gold Coast, collapsed in July last year. Please look for an email from Hamilton Murphy outlining the actions around past orders. Go ahead and pick your favorite shoe liquidation truckload. I would give no stars if I could. If there's one apparel item that everyone uses, its shoes. Sneakerboy, which sells luxury sneakers and street wear, collapsed into administration on Saturday. Free to sign up. 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. Selling shoes online, therefore, is an extremely lucrative and profitable business. I even bought an essentials jumper they created a courier document and it still has not been sent. I tried to get a refund, but they said they would inspect the sneaker to ensure it was fake. I have never had to follow up this much. We need an update. terrible customer service. 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. Luxury Retail Group is similarly split between Mr Poulakis and Mr Mair, although via four entities. 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 . If I do ever get a response, it's a generic one. I still haven't received any shipping code, I have emailed them several times over weeks ago and never got a response. 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. Together we have achieved this milestone in the history of ourcompany." Do not buy from them. Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. Hamilton Murphy Advisory said the companies have previously held discussions with parties who have expressed an interest in purchasing the business. 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. Absolutely horrified at my experience with 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. But is this really the case? Established in 2013, SNEAKERBOY was founded on the idea that sneakers and streetwear were becoming icons of luxury. (did we mention that already? Luxury sneaker retailer Sneakerboy is being pursued by the Australian Taxation Office for $1.2m in unpaid superannuation and taxes. Here you'll find some of the best shoe liquidation truckloads that you can use for starting up your online business. 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. Well, purchasing branded shoes from the market can be a little hefty for your pocket. An investigation is now underway to determine whether Sneakerboy traded while insolvent. The first creditors meeting will be held next week on Wednesday, July 13 at 11am. 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. Our liquidation truckloads are sourced from some of the largest retailers in the United States. 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. 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. 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. 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. Best source for liquidation merchandise and most innovative reverse logistics solutions. 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. 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. 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. translation missing: en.general.accessibility.unit_price_separator, 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. Moreover, these are high-quality goods with their original packaging and tags intact. Hi there.Thanks for taking the time to write us a review.We're currently experiencing high order volumes which have caused fulfilment delays. 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. How can you lose money when your drops sellout? 2023 Quicklotz Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with pioneering a luxury retail revolution by The Business of Fashion. We are readily available from Monday through Friday. With our versatile shoe liquidation truckloads, you can run your very own part-time or full-time business you always dreamed of. and Conditions, Privacy 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 Messages left on instagram, seenzoned. 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 purchased a $200+ sweater over two months ago. 2023 Trustpilot, Inc. All rights reserved. Im not sure what to do as theyre not even responding to emails. Please look for an email from Hamilton Murphy outlining the actions around past orders. However, it re-emerged following a sale to "a party relating to one of the directors," Carrafa said. Along with shoes, theres also elated footwear such as flip flops, sneakers, wellingtons, etc. Email Max Mason on max.mason@afr.com from a secure non-work device. The move was confirmed in a notice of appointment released by the Australian Securities and Investments (ASIC) on Saturday, with Stephen Dixon from insolvency firm Hamilton Murphy Advisory chosen as administrator. With these shoe liquidation truckloads, you find an assortment of goods from different brands within the same shipment. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. I will not be collecting the item as I do not have the time, hence why I paid for delivery in the first place. Thank you for your understanding! I thought it would be nice to get an essentials tee before my holiday. Too much lies! 1 review. 1-800-593-8595 Toll Free or Local (FL) 954-964-3064. I will not be shopping again and will be taking this further! This notice does not mean that the company was wound up. "We thank God first, and we thank all our customers, suppliers, and the passion of our team. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) Appointee/Solicitor Name. I have been told that my order (319052) was going to be dispatched from their Melbourne store. Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM QLD News 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. A major supermarket and union have clashed after the downfall of a major transport company was announced resulting in 1500 job losses. 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. Email sent to ask where the shoes are, no response. Just a week before Sneakerboy collapsed, with $17.2 million owed . 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. SmartCompany acknowledges the Traditional Owners of the many nations across Australia, and pay our respect to Elders past and present. And they were saying that is a system problem and asked me to wait, I never get my invoice and tracking number. . Even the order of husband, they didnt send it. Elliot* worked for Sneakerboy from 2017 and is owed $15,000 from 220 hours of annual leave and roughly 12 months of superannuation that he never received after quitting in January this year. 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. Moreover, people tend to buy multiple pairs of shoes to be worn on different occasions. 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. I then Dm their instagram to not get a response either.