Cut your business cost by half by saving on the transportation cost, salaries of employees and a rented workplace. Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers cashed-up tourists and students disappeared. 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 strategy focuses on delivering the highest recovery rates in the industry. Add to Cart. Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. I will not be collecting the item as I do not have the time, hence why I paid for delivery in the first place. It's been a month since I ordered and I got nothing. Home; Nike . 2023 Quicklotz Run this search agent and email me with matches: I still haven't received any shipping code, I have emailed them several times over weeks ago and never got a response. Plaintiff or Plaintiff's legal practitioner: 10:30AM, Hi Evelyn,Thanks for taking the time to share your review. Find out how we combat fake reviews. 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. During these sales, you can pick up some awesome shoe liquidation truckloads at ridiculous prices. Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. Here are 8 tips for writing great reviews. Sneakerboy is about maximising retail space with online efficiency. Plaintiff's details Plaintiff's address for service: Still hasnt been shipped. 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. Sneakerboy | 1,928 followers on LinkedIn. 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 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. Simon Johanson. 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. 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. The difficult but prudent decision has been made to initiate the voluntary administration process. If you wanna cancel the order and refund, thats fine but atleast communicate. Still hasnt been shipped. 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. Daily 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. All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. No delivery No refund. Also if youre a small businessman, there is a great advantage in purchasing shoe liquidation truckloads. Wholesale Athletic shoe Mix Nike,Asics,Mizuno,Brooks,Adidas,etc. Clothing . Subscribe to receive time-sensitive and limited quantity deals. My husband was told to pick up in store, went there the next day and they are closed! 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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 sneaker and streetwear retailer Sneakerboy, which has shops in the Melbourne CBD and Chadstone, is facing liquidation after being taken to court by Adidas over an unpaid bill. If you have any further questions please email help@sneakerboy.com as this is the best avenue for communication and questions to be answered.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. 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. 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 . However, he said that poor business management was also a prominent factor. James Chou was among those who took up the deal, paying $400 for a pair of Alexander McQueen sneakers he never received. 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. April 2, 2015. Luxury sneaker retailer Sneakerboy is facing liquidation after sportswear giant Adidas launched legal action over an unpaid bill. 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. Together we have achieved this milestone in the history of ourcompany." Sneakerboy has previously faced wind-up actions from footwear brand Adidas in 2021 and the Victorian Commission of State Revenue in 2020. Ordered online last May 26, 2022. 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. Why pay thousands per square metre when you can basically pay zero? Kyvetos told The Australian in 2013. Copies of documents filed may be obtained from the plaintiff's address for service. Sneakerboy sells upmarket footwear and streetwear, with some Balenciaga sneakers on its walls reaching north of $1500. Heres the fix, Five ways businesses can beat the scourge of busyness and boost productivity, My Biggest Mistake: Martin Karafilis, CEO of Fishburners. The report estimated the company owed $1.7 million in employee entitlements, including almost $1.3 million in superannuation. The voluntary administration appointment has been made due to short term financing difficulties being experienced by the company. 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. FundIT Limited is also listed as having a charge over Luxury Retail Group. Internet divided over gross find in bulk buy bargain at major retail chain, Urgent recall: Noodle buy pulled from Victorian stores amid reaction fears. 1 review. Add to Cart. SNEAKERBOY in Little Bourke Street. Quicklotzis among the top 5,000 fastest growing private companies in America. 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 Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. - Sam Pires, CEO. 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. Our experienced Team is Ready to assist you. 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? Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM Police & Courts Weekly 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. 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 Calls to Sneakerboys Melbourne CBD flagship store went unanswered Monday morning. Still hasnt arrived. Do not order anything online from Sneaker boy they DO NOT HAVE ANY STOCK!!! We use dedicated people and clever technology to safeguard our platform. The company operates three retail stores in Melbourne and one in Sydney, along with an online retail portal. 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. Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. and Conditions, Privacy Email Max Mason on max.mason@afr.com from a secure non-work device. I thought it would be nice to get an essentials tee before my holiday. Dont purchase anything from them, clearly there is something fishy going on. Just a week before Sneakerboy collapsed, with $17.2 million owed . 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. Absolutely horrified at my experience with Sneakerboy! 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. The Australian fashion label went into liquidation last Friday with Matthew Kucianski of Worrells appointed as the liquidator. I have sent emails and messages to there instagram and have still not got a response. 2023 Quicklotz Luxury retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. Anything you order from their website doesnt actually exist in their warehouse, yet they continue to take orders and never respond to your emails, one angry customer on Trustpilot said. Best source for liquidation merchandise and most innovative reverse logistics solutions. If its too far gone its a lot more difficult.. Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers - cashed-up tourists and students - disappeared. When you purchase your shoe liquidation truckloads from us, you get them at a much cheaper price than what is offered in the market. SmartCompany acknowledges the Traditional Owners of the many nations across Australia, and pay our respect to Elders past and present. Free to sign up. 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. A major supermarket and union have clashed after the downfall of a major transport company was announced resulting in 1500 job losses. Lotz International, LLC. 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. I am furious!!! Lotz International, LLC. I purchased a $200+ sweater over two months ago. Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. 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. Sneakerboys Facebook page is riddled with people complaining they had not received their orders. Sneakerboy operated a retail store at the shopping centre, though it is no longer listed on the Sneakerboy website. Nationwide News Pty Ltd 2023. Still trading and accepting orders even if they are now in Administration. We are readily available from Monday through Friday. A hearing in the Melbourne Supreme Court on Thursday heard Sneakerboy and Adidas were working on a deal to settle the matter. Established in 2013, SNEAKERBOY was founded on the idea that sneakers and streetwear were becoming icons of luxury. Sneakerboy held a sale in May 2022 where a number of customers did not receive their orders. 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.. Be honest, dont treat (people) like that plus I wont ever buy stuff from them again, he said. Hamilton Murphy Advisory said the companies have previously held discussions with parties who have expressed an interest in purchasing the business. Luxury sportswear stores. Innovative Reverse Logistics solutions to retailers of all sizes anywhere in the world. No one has called me and I cant get in touch with anyone to even get an update, one person said. 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 brands such as Alexander McQueen, Valentino, Dior, Nike and Adidas, was forced to close stores during lockdowns through 2020 and 2021. SmartCompany understands Sneakerboy turns over around $50,000 per week and Carrafa says its a strong business model. Worst experience I have ever had with a retailer. Within hours, shed lost $40,000, Mining giants $4 million gift over missing capusle, but its not cash. 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. Just posting this to spread awareness for others really. After purchasing a rick owens island dunk and finally receiving them after 3 weeks. These discussions are now being urgently escalated by the Administrator as part of the Voluntary Administration process, it said. Therefore, you end up getting a great variety for your inventory at a fraction of the price. so i decieded to email again and never got a response. 2023 RLA Excellence Awards Winner: 'Innovation Solutions Partner' Read the Press Release. What do you get in return? This is an absolute lie. Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with pioneering a luxury retail revolution by The Business of Fashion. !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. Sneakerboy has been left with just four retail stores - three in Melbourne and one in Sydney, and an online store. terrible customer service. "We thank God first, and we thank all our customers, suppliers, and the passion of our team. Moreover, people tend to buy multiple pairs of shoes to be worn on different occasions. After that i did receive a authentic pair, but this is ridiculous. Well, purchasing branded shoes from the market can be a little hefty for your pocket. Until, they finally responded with "what do you want then? In one word: profits. Up untill now I still haven't got any updates and the status till states thag it's on "Backorder". 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: 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. You can opt-out at any time. Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. 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. 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! 1-800-593-8595 Toll Free or Local (FL) 954-964-3064. 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. Hamilton Murphy said the collapsed companies had previously held discussions with interested parties to sell the business. 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. Looking for a new job or job candidate? Find out more about our policy and your choices, including how to opt-out. Copyright © 2023 Private Media Pty Ltd. Publishers of smartcompany.com.au. Post jobs and search for local talent on 7NEWS Jobs >>. These liquidation truckloads are offered at a supremely heavy discount compared to their market price. If there's one apparel item that everyone uses, its shoes. A whopping $500,000 is also owed to 120 past and current staff members through unpaid wages and entitlements.
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