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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). These liquidation truckloads are offered at a supremely heavy discount compared to their market price. Disgusting! Nike Liquidation Auctions - Bulk Wholesale Lots - DirectLiquidation I have emailed instagrammed 1000s of times but zero reply. The first question most of you will have is: where do I buy my inventory? Selling shoes online, therefore, is an extremely lucrative and profitable business. But others are unlikely to be as fortunate. Sneakerboys Facebook page is riddled with people complaining they had not received their orders. 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. Please look for an email from Hamilton Murphy outlining the actions around past orders. Cult retailer Sneakerboy saved from collapse - SmartCompany I will not be collecting the item as I do not have the time, hence why I paid for delivery in the first place. If my parcel is waiting for collection whats the carrier company and reference details, a frustrated customer asked. Reasons, Why Liquidators are the Best Wholesale Suppliers today? 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. Carrafa says the successful sale demonstrates the benefit of seeking help from administrators at an early stage. In one word: profits. At this meeting, details will be provided to all stakeholders in relation to the financial and structural position of the companies. !I've been trying to get in touch for over a month regarding an Essentials sweater that was "supposedly" in stock. 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 Looking for a new job or job candidate? We are readily available from Monday through Friday. If I could leave zero rating I would. Hamilton Murphy declined to comment when contacted by 7NEWS.com.au while Fraser Group did not respond. Please look for an email from Hamilton Murphy outlining the actions around past orders. Luxury footwear and fashion retailer Sneakerboy faces a new test after administrators were appointed to oversee the embattled retail chain. 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. The difficult but prudent decision has been made to initiate the voluntary administration process. The latest stories, funding information, and expert advice. Fashion label Alice McCall owes more than $1million with ATO its "We thank God first, and we thank all our customers, suppliers, and the passion of our team. 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. 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. Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. SmartCompany understands Sneakerboy turns over around $50,000 per week and Carrafa says its a strong business model. A luxury shoe retailer has gone into administration following years of controversy and multiple angry customers. Sneakerboy, which ran stores in Sydney, Melbourne and on the Gold Coast, collapsed in July last year. Anyone can write a Trustpilot review. Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers cashed-up tourists and students disappeared. Free to sign up. SNEAKERBOY - Facebook Sneakerboy: Luxury sneaker retailer avoids liquidation | Herald Sun We use dedicated people and clever technology to safeguard our platform. Terms 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. They dont have stocks but still advertising and accepting orders. Sneakerboy Pty Ltd 603 960 961 | Winding Up Application | Winding up Do you know more? 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. The Australian fashion label went into liquidation last Friday with Matthew Kucianski of Worrells appointed as the liquidator. Subscribe to receive time-sensitive and limited quantity deals. However, he said that poor business management was also a prominent factor. Free to sign up. Do not order anything online from Sneaker boy they DO NOT HAVE ANY STOCK!!! 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 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. The telephone number for Luxury Retail Groups corporate headquarters in Melbourne remained disconnected on Tuesday. Hi Caroline,Thank you for taking the time to review Sneakerboy. 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. SNEAKERBOY RETAIL PTY LTD: ACN: 604 708 189: Status: In Liquidation: Appointment Date: 29 September 2022: Resolution. From the reviews below it appears Im not the only one, all my other experiences with Sneakerboy have been fine. Hearing details The details of the hearing are: Copies of documents filed may be obtained from the plaintiff's address for service. 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. Just fill out the fields below and we'll send your friend a link to this article along with a message from you. With these shoe liquidation truckloads, you find an assortment of goods from different brands within the same shipment. What's the benefit for you? 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. 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. Still hasnt been shipped. Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. I have never had to follow up this much. We also ensure all reviews are published without moderation. Technology, engineering, professional services and sales roles are among Australias most sought-after job titles according to LinkedIn data. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. 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. 2023 Quicklotz Here are 8 tips for writing great reviews. Nationwide News Pty Ltd 2023. translation missing: en.general.accessibility.unit_price_separator, 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. Still hasnt arrived. Help using this website - Accessibility statement, Sneakerboy took its landlord, Georges Properties, to court. Chou managed to receive a refund after emailing buy-now, pay-later company Afterpay for several months. 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. Plaintiff or Plaintiff's legal practitioner: 10:30AM, With our versatile shoe liquidation truckloads, you can run your very own part-time or full-time business you always dreamed of. "We thank God first, and we thank all our customers, suppliers, and the passion of our team. 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 . Nike Sneaker Liquidation - New Product List All times AEDT (GMT +11). 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. And they were saying that is a system problem and asked me to wait, I never get my invoice and tracking number. 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. 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. Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. Dont purchase anything from them, clearly there is something fishy going on. 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. Our liquidation truckloads are sourced from some of the largest retailers in the United States. 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. I have emailed them, phoned and Instagram dmd them on a number of occasions and have received zero responses although they ask for a 48 hour (5 days for email) turnover. 2023 RLA Excellence Awards Winner: 'Innovation Solutions Partner' Read the Press Release. I am furious!!! 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. 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. Luxury sneaker retailer Sneakerboy is being pursued by the Australian Taxation Office for $1.2m in unpaid superannuation and taxes. Internet divided over gross find in bulk buy bargain at major retail chain, Urgent recall: Noodle buy pulled from Victorian stores amid reaction fears. Quicklotz: Best Source for Liquidation Merchandise we can only give you a credit refund". Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. We recommend that you browse through our catalog and choose your favorite shoe liquidation truckload. I will not be shopping again and will be taking this further! The voluntary administration appointment has been made due to short term financing difficulties being experienced by the 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. The company operates three retail stores in Melbourne and one in Sydney, along with an online retail portal. 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. And finally, we will recommend that you bookmark this page. 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. 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. Follow the topics, people and companies that matter to you. I will be taking this to consumer affairs and will be filling a complaint! It goes against our guidelines to offer incentives for reviews. 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! I even bought an essentials jumper they created a courier document and it still has not been sent. Until, they finally responded with "what do you want then? *By completing this form you're signing up to receive our emails and can unsubscribe at any time. Hamilton Murphy said the collapsed companies had previously held discussions with interested parties to sell the business. At the time,The Herald Sunreported Pacific Fair was chasing the company for nearly$300,000 in unpaid rent. Thank you for your understanding! Give us a call Monday through Friday from 9:00am to 5:00pm EST. Sneakerboy has been left with just four retail stores - three in Melbourne and one in Sydney, and an online store. I will filing consumer affairs complaints and ACCC, they shouldnt be trading at all. Moreover, these are high-quality goods with their original packaging and tags intact. No one has called me and I cant get in touch with anyone to even get an update, one person said. After purchasing a rick owens island dunk and finally receiving them after 3 weeks. 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. During these sales, you can pick up some awesome shoe liquidation truckloads at ridiculous prices. However, it re-emerged following a sale to a party relating to one of the directors, Carrafa said. Just posting this to spread awareness for others really. I thought it would be nice to get an essentials tee before my holiday. Thank you for your understanding! Hi everyone see the below from the administrators on orders:All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. Demand for goods tends to be high and your favorite truckload might get sold to someone else if you arent quick enough. Our site will be temporarily unavailable during this time. Frustrated customers have bombarded the companys online platforms and review sites in recent months over delayed orders dating back to January. 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. Still hasnt been shipped. DO NOT USE!!! 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. 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, These guys dont respond to emails, didnt apply a discount they said they would for one order, now its come to light another order i made on the same day they havent shipped 6 weeks later!They responded on here "please email helpdesk" i did, guess what 10 days later no response, ive never seen worse reviews or scamming from sneaker shop. I have spoken with a Golden Goose representative who has confirmed they have not been supplying Sneakerboy with stock for months. 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. FundIT Limited is also listed as having a charge over Luxury Retail Group. Is your heart stuck on the pair of Nike Air which you saw in the showroom the other day? These discussions are now being urgently escalated by the administrator as part of the voluntary administration process.. Reasons, Why Liquidators are the Best Wholesale Suppliers today? 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. Luxury sportswear stores. But administrator Michael Carrafa of SV Partners told SmartCompany Sneakerboy ran into trouble after a dispute between Kyvetos and one of the shareholders. Therefore, you end up getting a great variety for your inventory at a fraction of the price. 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. Ordered online last May 26. SNEAKERBOY PTY LTD (IN LIQUIDATION) 161 754 463 | Creditors' Voluntary Quicklotzis among the top 5,000 fastest growing private companies in America. *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. 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. Companies can ask for reviews via automatic invitations. Please look for an email from Hamilton Murphy outlining the actions around past orders. SNEAKERBOY Reviews | Read Customer Service Reviews of www.sneakerboy.com Luxury sneaker retailer Sneakerboy is facing liquidation after sportswear giant Adidas launched legal action over an unpaid bill. 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. 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. Sneakerboy: Luxury retailer in $1.2m tax, superannuation dispute I purchased 2 Essential sweaters on May 18th and I still havent received anything. From brand-named clothing to popular electronic items and trendy items - we've got everything you need to support your business. 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. Wholesale Liquidation Overstocks Bulk Returns Nike Jordans Levi. With our services, you can start your business online in no time and serve your customers high-end products with huge margins. !I will definitely bring this matter to fair traiding and police if required. 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.. my order numbers are 324000 and 323459, Hi Anthony,Thank you for taking the time to review Sneakerboy. 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 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 then Dm their instagram to not get a response either. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) . July 6, 2022 - 7:27AM NCA NewsWire Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. Kind regards, Sneakerboy. 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. Monthly, on February 18, 2021, between 9:30 pm and 10:30 pm. Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM QLD News 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. Wholesale Athletic shoe Mix Nike,Asics,Mizuno,Brooks,Adidas,etc. Sneakerboy is about maximising retail space with online efficiency. Luxury footwear retailer Sneakerboy goes into administration Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. 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. 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. These discussions are now being urgently escalated by the Administrator as part of the Voluntary Administration process, it said. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. 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. Part of Retail Week 2021. Home > keyword "sneakers" Refine Your Search. 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. How can you lose money when your drops sellout? Well, purchasing branded shoes from the market can be a little hefty for your pocket. If there's one apparel item that everyone uses, its shoes. Order number 319669, Hi Julie,Thank you for taking the time to leave us a review.Unfortunately during busy sales periods customers may unfortunately experience some delays while we work through large volumes of orders.Rest assured your order will be arriving to you shortly, and we will reach out to you with further updates as to when it is arriving.In the meantime, please let us know if you require any further assistance.Kind regards,Sneakerboy. 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. If you guys are reading this (STAFF) my order # is ORDER 317094 its a shame it has to come down to this. 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. I purchased a $200+ sweater over two months ago.