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Elliot* worked for Sneakerboy from 2017 and is owed $15,000 from 220 hours of annual leave and roughly 12 months of superannuation that he never received after quitting in January this year. The telephone number for Luxury Retail Groups corporate headquarters in Melbourne was disconnected. I even bought an essentials jumper they created a courier document and it still has not been sent. 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. 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. If there's one apparel item that everyone uses, its shoes. 2023 RLA Excellence Awards Winner: 'Innovation Solutions Partner' Read the Press Release. *By completing this form you're signing up to receive our emails and can unsubscribe at any time. 2023 Quicklotz 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. Consumers and Resellers all over the world, We ship LIQUIDATION MERCHANDISE domestically and internationally. FundIT Limited is also listed as having a charge over Luxury Retail Group. Wholesale Domestic Loads Blankets & Pillows. However, it re-emerged following a sale to "a party relating to one of the directors," Carrafa said. Hamilton Murphy declined to comment when contacted by 7NEWS.com.au while Fraser Group did not respond. 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. 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. The report estimated the company owed $1.7 million in employee entitlements, including almost $1.3 million in superannuation. 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.. A short statement on Sneakerboys website said Sneakerboy is in Administration. Hi everyone see the below from the administrators on orders:All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. 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. These discussions are now being urgently escalated by the administrator as part of the voluntary administration process.. - Sam Pires, CEO. 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. Our site will be temporarily unavailable during this time. 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. SNEAKERBOY RETAIL PTY LTD: ACN: 604 708 189: Status: In Liquidation: Appointment Date: 29 September 2022: Resolution. 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. 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. 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. Monthly, on February 18, 2021, between 9:30 pm and 10:30 pm. Our site will be temporarily unavailable during this time. The first question most of you will have is: where do I buy my inventory? With our versatile shoe liquidation truckloads, you can run your very own part-time or full-time business you always dreamed of. The phone number associated with Luxury Retail Group was also disconnected. Plaintiff or Plaintiff's legal practitioner: 10:30AM, If I do ever get a response, it's a generic one. Do not order anything online from Sneaker boy they DO NOT HAVE ANY STOCK!!! Go ahead and pick your favorite shoe liquidation truckload. Hundreds of customers flock to grab their bargains Our bin section is loaded with incredible merchandise and sold at a flat price depending on the day of the week. Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. Simon Johanson. 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. DO NOT USE!!! 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. SmartCompany understands Sneakerboy turns over around $50,000 per week and Carrafa says its a strong business model. The latest stories, funding information, and expert advice. Help using this website - Accessibility statement, Sneakerboy took its landlord, Georges Properties, to court. Thank you for your understanding! All orders pre-dating July 2, 2022 please contact Hamilton Murphy on (03) 8866 7600. But is this really the case? 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 Enjoy an EXTRA 50% off in our BACK ROOM weekly from Friday through Monday! The company operates three retail stores in Melbourne and one in Sydney, along with an online retail portal. I am working with the Department of Employment and Workplace Relations to verify the Companys outstanding employee entitlements, Dixon wrote. $499.00. I still haven't received any shipping code, I have emailed them several times over weeks ago and never got a response. They created a fake tracking number and the item was never sent. 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 Copies of documents filed may be obtained from the plaintiff's address for service. 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. 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. These discussions are now being urgently escalated by the Administrator as part of the Voluntary Administration process, it said. 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. Post jobs and search for local talent on 7NEWS Jobs >>. With a complete source of wholesale fashion, electronics, and home improvement items, get the best deals near you! I purchased a $200+ sweater over two months ago. They have ignored my emails and request. I will not be shopping again and will be taking this further! Sneakerboy Retail Pty Ltd and Luxury Retail Group are run by Nelson Mair and Theo Poulakis. We need an update. Hi Mel,Thank you for taking the time to review Sneakerboy. Thank you for your understanding! I realised that they were fake, cause the paint or whatever it was, came off from the mid sole. We often find ourselves filling every waking moment with activity, thinking that this is the only way to get ahead. Footwear giant Adidas filed its ownwinding-up order in March 2021,while theVictorian State Revenue Office sought a wind-up in April 2020. 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. 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. We went through an expressions of interest process, we had two interested parties but only received one offer, he says. All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. Follow the topics, people and companies that matter to you. I have emailed instagrammed 1000s of times but zero reply. Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. Lotz International, LLC. Established in 2013, SNEAKERBOY was founded on the idea that sneakers and streetwear were becoming icons of luxury. 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. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. 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. And finally, we will recommend that you bookmark this page. Luxury footwear and fashion retailer Sneakerboy faces a new test after administrators were appointed to oversee the embattled retail chain. Copyright © 2023 Private Media Pty Ltd. Publishers of smartcompany.com.au. I will filing consumer affairs complaints and ACCC, they shouldnt be trading at all. 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. I have been told that my order (319052) was going to be dispatched from their Melbourne store. In April, AMP Pacific Fair, operators of the Gold Coast Pacific Fair shopping centre,filed a winding-up order in the Queensland Supreme Court. Tried ringing the phone numbers on their website but no one picks up the phone. 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. 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. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) Appointee/Solicitor Name. I then Dm their instagram to not get a response either. Reasons, Why Liquidators are the Best Wholesale Suppliers today? 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. EST 2012 | Established in 2013 as an innovative hybrid model that fuses the best physical elements of bricks-and-mortar with . JA. But administrator Michael Carrafa of SV Partners told SmartCompany Sneakerboy ran into trouble after a dispute between Kyvetos and one of the shareholders. Luxury sneaker retailer Sneakerboy is being pursued by the Australian Taxation Office for $1.2m in unpaid superannuation and taxes. 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. 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. Please look for an email from Hamilton Murphy outlining the actions around past orders. From the reviews below it appears Im not the only one, all my other experiences with Sneakerboy have been fine. Therefore, please feel free to get in touch with us in case you have any questions. Luxury retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. Hi Noa,Thank you for taking the time to review 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. Lotz International, LLC. Home > keyword "sneakers" Refine Your Search. 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. What's the benefit for you? You can find those pair of shoes at our shoe liquidation truckloads for a much cheaper price. Placed my order weeks ago (order 322484) and have not received any notice of my order. terrible customer service. Weekly Subscribe to receive time-sensitive and limited quantity deals. What do you get in return? 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. During these sales, you can pick up some awesome shoe liquidation truckloads at ridiculous prices. we can only give you a credit refund". Is your heart stuck on the pair of Nike Air which you saw in the showroom the other day? Thank you for your understanding! If you guys are reading this (STAFF) my order # is ORDER 317094 its a shame it has to come down to this. 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! 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. 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. 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. Just posting this to spread awareness for others really. 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. Chou managed to receive a refund after emailing buy-now, pay-later company Afterpay for several months. Wholesale Liquidation Overstocks Bulk Returns Nike Jordans Levi. No delivery No refund. 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. Our strategy focuses on delivering the highest recovery rates in the industry. Hearing details The details of the hearing are: Copies of documents filed may be obtained from the plaintiff's address for service. Please look for an email from Hamilton Murphy outlining the actions around past orders. 1 review. No update. Give us a call Monday through Friday from 9:00am to 5:00pm EST. Still trading and accepting orders even if they are now in Administration. We assure you well get to your enquiry as soon as possible and thank you for your patience.Kind regards,SNEAKERBOY. And they were saying that is a system problem and asked me to wait, I never get my invoice and tracking number. When you purchase your shoe liquidation truckloads from us, you get them at a much cheaper price than what is offered in the market. Cheers and singing as 'disorderly' woman booted of Jetstar flight. Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. A luxury shoe retailer has gone into administration following years of controversy and multiple angry customers. SNEAKERBOY in Little Bourke Street. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) . 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. The difficult but prudent decision has been made to initiate the voluntary administration process. Within hours, shed lost $40,000, Mining giants $4 million gift over missing capusle, but its not cash. 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. We Ship to various locations throughout the USA and overseas. An investigation is now underway to determine whether Sneakerboy traded while insolvent. I have never had to follow up this much. Companies can ask for reviews via automatic invitations. Subscribe to receive time-sensitive and limited quantity deals. Do you know more? My husband was told to pick up in store, went there the next day and they are closed! Messages left on instagram, seenzoned. The voluntary administration appointment has been made due to short term financing difficulties being experienced by the company. No one has called me and I cant get in touch with anyone to even get an update, one person said. my order numbers are 324000 and 323459, Hi Anthony,Thank you for taking the time to review Sneakerboy. Email sent to ask where the shoes are, no response. 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 . I would give no stars if I could. Innovative Reverse Logistics solutions to retailers of all sizes anywhere in the world. 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: 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. $175,000.00. I have spoken with a Golden Goose representative who has confirmed they have not been supplying Sneakerboy with stock for months. Terms But others are unlikely to be as fortunate. Calls to Sneakerboys Melbourne CBD flagship store went unanswered Monday morning. If its too far gone its a lot more difficult.. 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. Octets charges over Sneakerboy and Luxury Retail Group include all present and after-acquired property no exceptions. Sneakerboy has previously faced wind-up actions from footwear brand Adidas in 2021 and the Victorian Commission of State Revenue in 2020. Editors note: The author of this article is a customer who was impacted by Sneakerboy going into administration. Luxury retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. Hi Jo,Thank you for taking the time to review Sneakerboy. 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. Even the order of husband, they didnt send it. 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. Also, in order to diversify your inventory, pick different kinds of truckloads so that your customers have more choice when they purchase. 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. This has been a really upsetting experience - I ordered my first ever designer item one month ago after a friend recommended Sneakerboy to me. Sneakerboy | 1,928 followers on LinkedIn. 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. 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. Twenty-two former employees have made claims for unpaid entitlements. Sneakerboy was contacted for further comment. Kind regards, Sneakerboy. Part of Retail Week 2021. Nationwide News Pty Ltd 2023. Frustrated customers have bombarded the companys online platforms and review sites in recent months over delayed orders dating back to January. 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.