Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with pioneering a luxury retail revolution by The Business of Fashion. Category. Hi Caroline,Thank you for taking the time to review Sneakerboy. I have been told that my order (319052) was going to be dispatched from their Melbourne store. Sneakerboy may have traded while insolvent for year and a half Embattled luxury footwear and streetwear retailer Sneakerboy is up for sale after falling into administration due to financing problems. This has been a really upsetting experience - I ordered my first ever designer item one month ago after a friend recommended Sneakerboy to me. The Australian fashion label went into liquidation last Friday with Matthew Kucianski of Worrells appointed as the liquidator. April 2, 2015. Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers - cashed-up tourists and students - disappeared. Best source for liquidation merchandise and most innovative reverse logistics solutions. A whopping $500,000 is also owed to 120 past and current staff members through unpaid wages and entitlements. This is an absolute lie. 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: 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. Sneakerboy: Shoe retailer faces liquidation for failing to pay rent at 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? Dont purchase anything from them, clearly there is something fishy going on. 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. Anyone can write a Trustpilot review. Please look for an email from Hamilton Murphy outlining the actions around past orders. terrible customer service. Sneakerboy enters administration with creditors to meet this month We only use 77sqm of our 80sqm of shop floor and carry over 300 [SKUs] of shoes with a back area of 3m.. Consumers and Resellers all over the world, We ship LIQUIDATION MERCHANDISE domestically and internationally. Enjoy an EXTRA 50% off in our BACK ROOM weekly from Friday through Monday! It goes against our guidelines to offer incentives for reviews. These discussions are now being urgently escalated by the Administrator as part of the Voluntary Administration process, it said. From brand-named clothing to popular electronic items and trendy items - we've got everything you need to support your business. Simon Johanson. 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. Do not buy from them. It's been a month since I ordered and I got nothing. The latest stories, funding information, and expert advice. 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. 18March2021. Sneakerboys Facebook page is riddled with people complaining they had not received their orders. 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. Together we have achieved this milestone in the history of ourcompany." Innovative Reverse Logistics solutions to retailers of all sizes anywhere in the world. Thank you for your understanding! Add to Cart. Sneakerboy, which sells luxury sneakers and street wear, collapsed into administration on Saturday. 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 goes into voluntary administration - news But is this really the case? 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). $499.00. 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. Luxury Retail Group is similarly split between Mr Poulakis and Mr Mair, although via four entities. They dont have stocks but still advertising and accepting orders. Wholesale Athletic shoe Mix Nike,Asics,Mizuno,Brooks,Adidas,etc. Quicklotzis among the top 5,000 fastest growing private companies in America. Sneakerboy Pty Ltd 603 960 961 | Winding Up Application | Winding up 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. 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. Well, we will say youre on the absolute right page. Shoe Liquidation Truckloads - Quicklotz Sneakerboy Retail Pty Ltd 604 708 189 | Voluntary Administration Add to Cart. 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. 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. Octets charges over Sneakerboy and Luxury Retail Group include all present and after-acquired property no exceptions. A recent letter to creditors, seen by 7NEWS.com.au, says the company has no funds available to carry out compensation for victims. 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. Simon Johanson. Please look for an email from Hamilton Murphy outlining the actions around past orders. I will be taking this to consumer affairs and will be filling a complaint! 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. Im in a similar boat to a lot of other customers. All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. Do you know more? 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. Find out how we combat fake reviews. Free to sign up. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) Appointee/Solicitor Name. This has to be the biggest joke. Within hours, shed lost $40,000, Mining giants $4 million gift over missing capusle, but its not cash. The difficult but prudent decision has been made to initiate the voluntary administration process. 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. Sneakerboy, which ran stores in Sydney, Melbourne and on the Gold Coast, collapsed in July last year. Moreover, these are high-quality goods with their original packaging and tags intact. 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. I have emailed instagrammed 1000s of times but zero reply. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. Follow the topics, people and companies that matter to you. An investigation is now underway to determine whether Sneakerboy traded while insolvent. Run this search agent and email me with matches: Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. 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. 2023 Trustpilot, Inc. All rights reserved. Selling shoes online, therefore, is an extremely lucrative and profitable business. A creditors meeting will be held July 13. Messages left on instagram, seenzoned. 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. Why pay thousands per square metre when you can basically pay zero? Kyvetos told The Australian in 2013. 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. 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. The telephone number for Luxury Retail Groups corporate headquarters in Melbourne remained disconnected on Tuesday. 2023 Quicklotz However, he said that poor business management was also a prominent factor. These discussions are now being urgently escalated by the administrator as part of the voluntary administration process.. Established in 2013, SNEAKERBOY was founded on the idea that sneakers and streetwear were becoming icons of luxury. 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. As a result, your margins tend to be hefty and lucrative when you sell these products through your online store. EST 2012 | Established in 2013 as an innovative hybrid model that fuses the best physical elements of bricks-and-mortar with . Sneakerboy facing winding up action from lender | The Courier Mail Herald Sun - Luxury retailer Sneakerboy facing a | Facebook Subscribe to receive time-sensitive and limited quantity deals. Technology, engineering, professional services and sales roles are among Australias most sought-after job titles according to LinkedIn data. I am still waiting on sneakers purchased after the Pacific Fair store a month ago. 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SNEAKERBOY Reviews | Read Customer Service Reviews of www.sneakerboy.com I then Dm their instagram to not get a response either. Sneakerboy | 1,928 followers on LinkedIn. 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. so i decieded to email again and never got a response. Hi,Thank you for taking the time to leave us a review and share your experience with us.Here at Sneakerboy we pride ourselves with providing topnotch customer service and a seamless and easy shopping experience and we're so sorry to hear this is not the case.Unfortunately during busy sales events there can be delays in picking and shipping orders and apologise that this has inconvenienced you.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.Kind regards,Sneakerboy, Ordered online last May 26, 2022. Luxury sneaker retailer Sneakerboy is facing liquidation after sportswear giant Adidas launched legal action over an unpaid bill. 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. 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. The phone number associated with Luxury Retail Group was also disconnected. 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. Keep in mind i ordered it 3 weeks before I was meant to leave. I will filing consumer affairs complaints and ACCC, they shouldnt be trading at all. And finally, we will recommend that you bookmark this page. Most people like to buy all their shopping needs under one roof so ensure that you stock as many varied kinds of footwear as possible. Carrafa says the successful sale demonstrates the benefit of seeking help from administrators at an early stage. On Fridays everything sells for $14 and the price drops daily all the way to $1 on Thursdays! FundIT Limited is also listed as having a charge over Luxury Retail Group. The first creditors meeting will be held next week on Wednesday, July 13 at 11am. Company is terrible and no one should shop from them or give them money. Tried ringing the phone numbers on their website but no one picks up the phone. Just a week before Sneakerboy collapsed, with $17.2 million owed . Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM Police & Courts 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. 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. I tried to get a refund, but they said they would inspect the sneaker to ensure it was fake. We need an update. However, it re-emerged following a sale to "a party relating to one of the directors," Carrafa said. sneakerboy liquidation wide body kit for 2000 honda civic vintage glass bowls with lids sun devil volleyball camp guns n' roses glasgow green 2022 sneakerboy liquidation feel free to call us +91.33.26789234 youremail@yourdomain.com 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. Quicklotz: Best Source for Liquidation Merchandise 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. Carrafa says Kyvetos is still involved in the business overseeing the buying of stock. Hamilton Murphy Advisory said the companies have previously held discussions with parties who have expressed an interest in purchasing the business. 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. Still hasnt been shipped. 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. At this meeting, details will be provided to all stakeholders in relation to the financial and structural position of the companies. 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. 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. When you purchase your shoe liquidation truckloads from us, you get them at a much cheaper price than what is offered in the market. Worst experience I have ever had with a retailer. 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. Sneakerboy has been left with just four retail stores - three in Melbourne and one in Sydney, and an online store. Thank you for your understanding! Sneakerboy: Luxury sneaker retailer avoids liquidation | Herald Sun Still hasnt arrived. However, they didn't make any updates, so I had to ask them every now and then for almost three months. Julie Ann. 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. Weekly Say goodbye to paying extra. Up untill now I still haven't got any updates and the status till states thag it's on "Backorder". Twenty-two former employees have made claims for unpaid entitlements. What's the benefit for you? Sneakerboy sells upmarket footwear and streetwear, with some Balenciaga sneakers on its walls reaching north of $1500. Kind regards,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. Sneakerboy: Cult shoe company owes $17.2 million to staff and creditors 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! July 6, 2022 - 7:27AM NCA NewsWire Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. Cheers and singing as 'disorderly' woman booted of Jetstar flight. We use dedicated people and clever technology to safeguard our platform. Help using this website - Accessibility statement, Sneakerboy took its landlord, Georges Properties, to court. Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers cashed-up tourists and students disappeared. Demand for goods tends to be high and your favorite truckload might get sold to someone else if you arent quick enough. We went through an expressions of interest process, we had two interested parties but only received one offer, he says. Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. 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. 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. Be honest, dont treat (people) like that plus I wont ever buy stuff from them again, he said. With our services, you can start your business online in no time and serve your customers high-end products with huge margins. Ordered online last May 26, 2022. Our diversity of resale channels, from brick and mortar stores to overseas markets, allows us to maximize the value of each product category. (did we mention that already? 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. With a complete source of wholesale fashion, electronics, and home improvement items, get the best deals near you! Kind regards, Sneakerboy. 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. Our experienced Team is Ready to assist you. If its too far gone its a lot more difficult.. We recommend that you browse through our catalog and choose your favorite shoe liquidation truckload. Scam! The report estimated the company owed $1.7 million in employee entitlements, including almost $1.3 million in superannuation. Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. I realised that they were fake, cause the paint or whatever it was, came off from the mid sole. However, it had failed to confirm their intentions to fulfil prepaid orders, accept gift vouchers or honour any exchanges or refunds. A hearing in the Melbourne Supreme Court on Thursday heard Sneakerboy and Adidas were working on a deal to settle the matter. Our liquidation truckloads are sourced from some of the largest retailers in the United States. They created a fake tracking number and the item was never sent. 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. Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with . Until, they finally responded with "what do you want then? Herald Sun - Luxury sneaker retailer Sneakerboy is facing | Facebook I have never had to follow up this much. If my parcel is waiting for collection whats the carrier company and reference details, a frustrated customer asked. 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. I purchased 2 Essential sweaters on May 18th and I still havent received anything. 6 weeks for orders to ship. Sneakerboy operated a retail store at the shopping centre, though it is no longer listed on the Sneakerboy website. With these shoe liquidation truckloads, you find an assortment of goods from different brands within the same shipment. An investigation is now underway to determine whether Sneakerboy traded while insolvent.
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