Subscribe to receive time-sensitive and limited quantity deals. An investigation is now underway to determine whether Sneakerboy traded while insolvent. Looking for a new job or job candidate? Julie Ann. 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. !I will definitely bring this matter to fair traiding and police if required. 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. They didnt send my order bought in May. I will not be collecting the item as I do not have the time, hence why I paid for delivery in the first place. A major supermarket and union have clashed after the downfall of a major transport company was announced resulting in 1500 job losses. Companies can ask for reviews via automatic invitations. SNEAKERBOY in Little Bourke Street. Still hasnt arrived. Please look for an email from Hamilton Murphy outlining the actions around past orders. Sent an email to get a refund, got an automated generic response. Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. This company is a jokeWould like my order cancelled and refunded. 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. With our services, you can start your business online in no time and serve your customers high-end products with huge margins. Messages left on instagram, seenzoned. Luxury retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. With a complete source of wholesale fashion, electronics, and home improvement items, get the best deals near you! Email sent to ask where the shoes are, no response. No delivery No refund. 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. 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. Category. 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 . SmartCompany acknowledges the Traditional Owners of the many nations across Australia, and pay our respect to Elders past and present. You'll also receive messages on behalf of our partners. Simon Johanson. Sneakerboy, which sells luxury sneakers and street wear, collapsed into administration on Saturday. Please look for an email from Hamilton Murphy outlining the actions around past orders. All times AEDT (GMT +11). 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. And finally, we will recommend that you bookmark this page. - Sam Pires, CEO. 18March2021. 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. Hi Caroline,Thank you for taking the time to review Sneakerboy. We often find ourselves filling every waking moment with activity, thinking that this is the only way to get ahead. Reasons, Why Liquidators are the Best Wholesale Suppliers today? Carrafa says the successful sale demonstrates the benefit of seeking help from administrators at an early stage. As a student, this is really, truly heart-breaking. Home > keyword "sneakers" Refine Your Search. AU. Even the order of husband, they didnt send it. 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. 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. Part of Retail Week 2021. 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. Wholesale Liquidation Overstocks Bulk Returns Nike Jordans Levi. Thank you for your understanding! Help using this website - Accessibility statement, Sneakerboy took its landlord, Georges Properties, to court. 6 weeks for orders to ship. They created a fake tracking number and the item was never sent. 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If my parcel is waiting for collection whats the carrier company and reference details, a frustrated customer asked. 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. SNEAKERBOY RETAIL PTY LTD: ACN: 604 708 189: Status: In Liquidation: Appointment Date: 29 September 2022: Resolution. Also, in order to diversify your inventory, pick different kinds of truckloads so that your customers have more choice when they purchase. My husband was told to pick up in store, went there the next day and they are closed! A whopping $500,000 is also owed to 120 past and current staff members through unpaid wages and entitlements. Add to Cart. Enjoy an EXTRA 50% off in our BACK ROOM weekly from Friday through Monday! Footwear giant Adidas filed its ownwinding-up order in March 2021,while theVictorian State Revenue Office sought a wind-up in April 2020. 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). Please look for an email from Hamilton Murphy outlining the actions around past orders. July 6, 2022 - 7:27AM NCA NewsWire Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. Ive sent countless emails, Instagram messages and phone calls and no response, another said. Sneakerboy is about maximising retail space with online efficiency. 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 ordered the recent Essentials drop, its been almost two weeks and I still havent gotten an update from them. Sneakerboy | 1,928 followers on LinkedIn. (did we mention that already? I purchased 2 Essential sweaters on May 18th and I still havent received anything. Along with shoes, theres also elated footwear such as flip flops, sneakers, wellingtons, etc. In April, AMP Pacific Fair, operators of the Gold Coast Pacific Fair shopping centre,filed a winding-up order in the Queensland Supreme Court. Chou managed to receive a refund after emailing buy-now, pay-later company Afterpay for several months. You can opt-out at any time. Ordered online last May 26, 2022. Sneakerboy has been left with just four retail stores - three in Melbourne and one in Sydney, and an online store. Staff were told on Friday afternoon that they were being made redundant after the company failed to find a buyer. 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. Our site will be temporarily unavailable during this time. Hamilton Murphy declined to comment when contacted by 7NEWS.com.au while Fraser Group did not respond. They have ignored my emails and request. However, he said that poor business management was also a prominent factor. 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). Quicklotzis among the top 5,000 fastest growing private companies in America. Sneakerboy operated a retail store at the shopping centre, though it is no longer listed on the Sneakerboy website. Here are 8 tips for writing great reviews. The difficult but prudent decision has been made to initiate the voluntary administration process. At this meeting, details will be provided to all stakeholders in relation to the financial and structural position of the companies. 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. Disgusting! Luxury Retail Group is similarly split between Mr Poulakis and Mr Mair, although via four entities. Kind regards, Sneakerboy. 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. I have sent emails and messages to there instagram and have still not got a response. Our experienced Team is Ready to assist you. Please look for an email from Hamilton Murphy outlining the actions around past orders. As a result, your margins tend to be hefty and lucrative when you sell these products through your online store. We only use 77sqm of our 80sqm of shop floor and carry over 300 [SKUs] of shoes with a back area of 3m.. With these shoe liquidation truckloads, you find an assortment of goods from different brands within the same shipment. Luxury sneaker retailer Sneakerboy is facing liquidation after sportswear giant Adidas launched legal action over an unpaid bill. Verification can help ensure real people write reviews about real companies. An investigation is now underway to determine whether Sneakerboy traded while insolvent. 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. When you purchase your shoe liquidation truckloads from us, you get them at a much cheaper price than what is offered in the market. Ordered online last May 26. Follow the topics, people and companies that matter to you. It's been a month since I ordered and I got nothing. With our versatile shoe liquidation truckloads, you can run your very own part-time or full-time business you always dreamed of. Sneakerboy held a sale in May 2022 where a number of customers did not receive their orders. . And they were saying that is a system problem and asked me to wait, I never get my invoice and tracking number. 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. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. Established in 2013, SNEAKERBOY was founded on the idea that sneakers and streetwear were becoming icons of luxury. Say goodbye to paying extra. 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. Weekly Jun 17, 2022. 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.. The Australian fashion label went into liquidation last Friday with Matthew Kucianski of Worrells appointed as the liquidator. 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 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. 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.. However, they didn't make any updates, so I had to ask them every now and then for almost three months. Is your heart stuck on the pair of Nike Air which you saw in the showroom the other day? From the reviews below it appears Im not the only one, all my other experiences with Sneakerboy have been fine. 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. Too much lies! Toxic chemical threat to WA drinking water supply: Real threat, Australians warned to watch out for $198.82 myGov refund, Woman sued for quiet quitting while working from home, This Channel 7 reporter drove an EV from Brisbane to Cairns. Post jobs and search for local talent on 7NEWS Jobs >>. I would give no stars if I could. Here you'll find some of the best shoe liquidation truckloads that you can use for starting up your online business. All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. Kind regards,Sneakerboy. Featured Liquidation Auctions Show all auctions Pallet HPC - 800 to 1,200 Pcs Average - 10$ Retail per Unit Average - 75% Apparel and other General Merchandise - Brand New Overstock from Major E-Tailer This has been a really upsetting experience - I ordered my first ever designer item one month ago after a friend recommended Sneakerboy to me. I am working with the Department of Employment and Workplace Relations to verify the Companys outstanding employee entitlements, Dixon wrote. The difficult but prudent decision has been made to initiate the voluntary administration process. 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. Please look for an email from Hamilton Murphy outlining the actions around past orders. 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. Do not buy from them. 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. Embattled luxury footwear and streetwear retailer Sneakerboy is up for sale after falling into administration due to financing problems. 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. Reasons, Why Liquidators are the Best Wholesale Suppliers today? 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. Profits!! 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. They dont have stocks but still advertising and accepting orders. If its too far gone its a lot more difficult.. Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM QLD News How can you lose money when your drops sellout? 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. Internet divided over gross find in bulk buy bargain at major retail chain, Urgent recall: Noodle buy pulled from Victorian stores amid reaction fears. 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. Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. Tried ringing the phone numbers on their website but no one picks up the phone. 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. We use dedicated people and clever technology to safeguard our platform. Sneakerboys collapse into administration brush is not thefirst challengeto face the company. Our diversity of resale channels, from brick and mortar stores to overseas markets, allows us to maximize the value of each product category. Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers cashed-up tourists and students disappeared. Twenty-two former employees have made claims for unpaid entitlements. 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.. Email Max Mason on max.mason@afr.com from a secure non-work device. 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. Nationwide News Pty Ltd 2023. No one has called me and I cant get in touch with anyone to even get an update, one person said. 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. Our liquidation truckloads are sourced from some of the largest retailers in the United States. 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. Hamilton Murphy Advisory said the companies have previously held discussions with parties who have expressed an interest in purchasing the business. 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. 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. Carrafa says Kyvetos is still involved in the business overseeing the buying of stock. But others are unlikely to be as fortunate. 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! 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. $20.00. Please reach out to us at help@sneakerboy.com if you have not yet heard back from us and we will endeavour to respond as a priority.Kind regards, Sneakerboy. Thank you for your understanding! Still trading and accepting orders even if they are now in Administration. Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. 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. On Fridays everything sells for $14 and the price drops daily all the way to $1 on Thursdays! After purchasing a rick owens island dunk and finally receiving them after 3 weeks. Just fill out the fields below and we'll send your friend a link to this article along with a message from 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. I have emailed instagrammed 1000s of times but zero reply. It goes against our guidelines to offer incentives for reviews. Seemed like a good idea to mention it again.). But is this really the case? I even bought an essentials jumper they created a courier document and it still has not been sent. The retailer, which sells. 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.