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. Our liquidation truckloads are sourced from some of the largest retailers in the United States. EST 2012 | Established in 2013 as an innovative hybrid model that fuses the best physical elements of bricks-and-mortar with . Nike Sneaker Liquidation - New Product List Herald Sun - Luxury retailer Sneakerboy facing a | Facebook Sneakerboy goes into voluntary administration - news 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. Worst experience I have ever had with a retailer. The retailer, which sells brands such as Alexander McQueen, Valentino, Dior, Nike and Adidas, was forced to close stores during various lockdowns through 2020 and 2021. Pacific Fair, a shopping mall on the Gold Coast owned by AMP Capital, 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. Established in 2013, SNEAKERBOY was founded on the idea that sneakers and streetwear were becoming icons of luxury. Collapsed luxury footwear retailer Sneakerboy up for sale Innovative Reverse Logistics solutions to retailers of all sizes anywhere in the world. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) Appointee/Solicitor Name. They didnt send my order bought in May. Heres the fix, Five ways businesses can beat the scourge of busyness and boost productivity, My Biggest Mistake: Martin Karafilis, CEO of Fishburners. 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. Technology, engineering, professional services and sales roles are among Australias most sought-after job titles according to LinkedIn data. 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). 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. Weekly And they were saying that is a system problem and asked me to wait, I never get my invoice and tracking number. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) . This is an absolute lie. 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! Hi Eric,Thank you for taking the time to leave us a review.We're so sorry to hear that you haven't have a good experience with us here at Sneakerboy.Unfortunately - and like a lot of other businesses - we have been experiencing some delays in shipping orders due to extenuating factors outside our control. 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. Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with . Lotz International, LLC. Seemed like a good idea to mention it again.). 6 weeks for orders to ship. $499.00. sneakerboy liquidation We welcome you to visit us at our Pembroke Florida location. This has to be the biggest joke. translation missing: en.general.accessibility.unit_price_separator, 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. Sneakerboy: Shoe retailer faces liquidation for failing to pay rent at Anyone can write a Trustpilot review. Until, they finally responded with "what do you want then? Kind regards,Sneakerboy. 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. 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. It's been a month since I ordered and I got nothing. No update. 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. No one has called me and I cant get in touch with anyone to even get an update, one person said. 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. Sneakerboy today announced that Stephen Dixon of Hamilton Murphy Advisory has been appointed as voluntary administrator Hamilton Murphy Advisory said in a statement. With our services, you can start your business online in no time and serve your customers high-end products with huge margins. 2023 Quicklotz 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. From the reviews below it appears Im not the only one, all my other experiences with Sneakerboy have been fine. 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. All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. 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. 1 review. Sneakerboy Retail Pty Ltd 604 708 189 | Voluntary Administration Therefore, please feel free to get in touch with us in case you have any questions. Sneakerboy is about maximising retail space with online efficiency. Still trading and accepting orders even if they are now in Administration. 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. Hi Mel,Thank you for taking the time to review Sneakerboy. Together we have achieved this milestone in the history of ourcompany." 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. At the time,The Herald Sunreported Pacific Fair was chasing the company for nearly$300,000 in unpaid rent. I have never had to follow up this much. A short statement on Sneakerboys website said Sneakerboy is in Administration. Sneakerboy has previously faced wind-up actions from footwear brand Adidas in 2021 and the Victorian Commission of State Revenue in 2020. 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. 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. 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. . 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. 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. Hamilton Murphy said the collapsed companies had previously held discussions with interested parties to sell the business. Quicklotzis among the top 5,000 fastest growing private companies in America. 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. If you wanna cancel the order and refund, thats fine but atleast communicate. 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. Twenty-two former employees have made claims for unpaid entitlements. We use dedicated people and clever technology to safeguard our platform. 2023 Quicklotz 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. 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. How can you lose money when your drops sellout? I still haven't received any shipping code, I have emailed them several times over weeks ago and never got a response. We also ensure all reviews are published without moderation. I purchased 2 Essential sweaters on May 18th and I still havent received anything. 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. Jun 17, 2022. Sneakerboy Retail Pty Ltd and Luxury Retail Group are run by Nelson Mair and Theo Poulakis. Carrafa says Kyvetos is still involved in the business overseeing the buying of stock. Quicklotz: Best Source for Liquidation Merchandise Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM QLD News They created a fake tracking number and the item was never sent. 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. Best source for liquidation merchandise and most innovative reverse logistics solutions. The phone number associated with Luxury Retail Group was also disconnected. A major supermarket and union have clashed after the downfall of a major transport company was announced resulting in 1500 job losses. You can opt-out at any time. No delivery No refund. Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. Free to sign up. Reasons, Why Liquidators are the Best Wholesale Suppliers today? Part of Retail Week 2021. The difficult but prudent decision has been made to initiate the voluntary administration process. "We thank God first, and we thank all our customers, suppliers, and the passion of our team. 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. DO NOT USE!!! 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. 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. Shoes - GBY Liquidations Sneakerboy | LinkedIn A hearing in the Melbourne Supreme Court on Thursday heard Sneakerboy and Adidas were working on a deal to settle the matter. Copies of documents filed may be obtained from the plaintiff's address for service. When you purchase your shoe liquidation truckloads from us, you get them at a much cheaper price than what is offered in the market. Hi Caroline,Thank you for taking the time to review Sneakerboy. 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. These discussions are now being urgently escalated by the administrator as part of the voluntary administration process.. FundIT Limited is also listed as having a charge over Luxury Retail Group. Here youll find some of the best shoe liquidation truckloads that you can use for starting up your online business. 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. Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM Police & Courts What's the benefit for you? !I've been trying to get in touch for over a month regarding an Essentials sweater that was "supposedly" in stock. Luxury Retail Group is similarly split between Mr Poulakis and Mr Mair, although via four entities. 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. Also, in order to diversify your inventory, pick different kinds of truckloads so that your customers have more choice when they purchase. SNEAKERBOY - Facebook Say goodbye to paying extra. 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. Sneakerboy facing winding up action from lender | The Courier Mail Keep in mind i ordered it 3 weeks before I was meant to leave. Sent an email to get a refund, got an automated generic response. 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.. With a complete source of wholesale fashion, electronics, and home improvement items, get the best deals near you! Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. Footwear giant Adidas filed its ownwinding-up order in March 2021,while theVictorian State Revenue Office sought a wind-up in April 2020. Company is terrible and no one should shop from them or give them money. 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. Simon Johanson. I will not be collecting the item as I do not have the time, hence why I paid for delivery in the first place. Verification can help ensure real people write reviews about real companies. 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. Wholesale Athletic shoe Mix Nike,Asics,Mizuno,Brooks,Adidas,etc. Luxury retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. Sneakerboy Pty Ltd 603 960 961 | Winding Up Application | Winding up I have emailed them multiple times, I have also DMed on Instagram (which they have disabled comments on there posts) and still havent received a reply. Demand for goods tends to be high and your favorite truckload might get sold to someone else if you arent quick enough. Moreover, people tend to buy multiple pairs of shoes to be worn on different occasions. 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. Reasons, Why Liquidators are the Best Wholesale Suppliers today? Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. 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. sneakers - auctions - Liquidation.com Auctions Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. I then Dm their instagram to not get a response either. Ordered online last May 26, 2022. Email sent to ask where the shoes are, no response. This has been a really upsetting experience - I ordered my first ever designer item one month ago after a friend recommended Sneakerboy to me. Placed an order on 26/05/2022 and it's been almost a month with no updates.I tried to contact their customer service via email - no response, tried to message them via Instagram - no response.As a first-time customer, I wouldn't come back or recommend anyone to buy here! We recommend that you browse through our catalog and choose your favorite shoe liquidation truckload. 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. I realised then they were taking our money then paying nike before Nike would give them the stock. Companies can ask for reviews via automatic invitations. 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 latest stories, funding information, and expert advice. Lotz International, LLC. 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. Hi everyone see the below from the administrators on orders:All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. Sneakerboy enters administration with creditors to meet this month 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. 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. 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. Sneakerboy was contacted for further comment. Sneakerboy operated a retail store at the shopping centre, though it is no longer listed on the Sneakerboy website. Luxury Retail Group is similarly split between Mr Poulakis and Mr Mair, although via four entities. Our diversity of resale channels, from brick and mortar stores to overseas markets, allows us to maximize the value of each product category. At this meeting, details will be provided to all stakeholders in relation to the financial and structural position of the companies. We need an update. As a student, this is really, truly heart-breaking. As a result, your margins tend to be hefty and lucrative when you sell these products through your online store. Kind regards, Sneakerboy. *By completing this form you're signing up to receive our emails and can unsubscribe at any time. The telephone number for Luxury Retail Groups corporate headquarters in Melbourne was disconnected. Well, purchasing branded shoes from the market can be a little hefty for your pocket. However, he said that poor business management was also a prominent factor. 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.