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. Please look for an email from Hamilton Murphy outlining the actions around past orders. All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. Plaintiff's details Plaintiff's address for service: Any person intending to appear at the hearing must file a notice of appearance in accordance with the rules, together with any affidavit on which the person intends to rely, and serve a copy of the notice and any affidavit on the plaintiff at the plaintiff's address for service at least 3 days before the date fixed for the hearing. Looking for a new job or job candidate? 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. 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. Based on my inquiries to date, l am of the opinion that the companys failure can be attributed to a deficiency of working capital, poor financial control and poor strategic management of the business, he said. I have been told that my order (319052) was going to be dispatched from their Melbourne store. 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.. 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. Sneakerboy has previously faced wind-up actions from footwear brand Adidas in 2021 and the Victorian Commission of State Revenue in 2020. 6 weeks for orders to ship. Ordered online last May 26, 2022. 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. 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. These discussions are now being urgently escalated by the administrator as part of the voluntary administration process.. 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. Thank you for your understanding! I have completed verification work pursuant to the Fair Entitlement Guarantee scheme and encourage any former employees of the Company to complete an online claim form if they have not already done so.. 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. Established in 2013, SNEAKERBOY was founded on the idea that sneakers and streetwear were becoming icons of luxury. . Please look for an email from Hamilton Murphy outlining the actions around past orders. Terms 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! This notice does not mean that the company was wound up. 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. 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. Profits!! Seemed like a good idea to mention it again.). Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. 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. 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. What's the benefit for you? 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. Go ahead and pick your favorite shoe liquidation truckload. Our diversity of resale channels, from brick and mortar stores to overseas markets, allows us to maximize the value of each product category. 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. Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. 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. Company is terrible and no one should shop from them or give them money. 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. Internet divided over gross find in bulk buy bargain at major retail chain, Urgent recall: Noodle buy pulled from Victorian stores amid reaction fears. Still hasnt arrived. 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. Clothing . Staff were told on Friday afternoon that they were being made redundant after the company failed to find a buyer. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. However, he said that poor business management was also a prominent factor. 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. Together we have achieved this milestone in the history of ourcompany." 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. 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. Sneakerboys collapse into administration brush is not thefirst challengeto face the company. Moreover, these are high-quality goods with their original packaging and tags intact. Our site will be temporarily unavailable during this time. 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.. 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 I thought it would be nice to get an essentials tee before my holiday. A whopping $500,000 is also owed to 120 past and current staff members through unpaid wages and entitlements. I realised that they were fake, cause the paint or whatever it was, came off from the mid sole. 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. Home; Nike . 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. 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. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. We use dedicated people and clever technology to safeguard our platform. 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. Cheers and singing as 'disorderly' woman booted of Jetstar flight. FundIT Limited is also listed as having a charge over Luxury Retail Group. It goes against our guidelines to offer incentives for reviews. But administrator Michael Carrafa of SV Partners told SmartCompany Sneakerboy ran into trouble after a dispute between Kyvetos and one of the shareholders. The voluntary administration appointment has been made due to short term financing difficulties being experienced by the company. I tried to get a refund, but they said they would inspect the sneaker to ensure it was fake. 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. $499.00. Lotz International, LLC. 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. Luxury Retail Group is similarly split between Mr Poulakis and Mr Mair, although via four entities. Here you'll find some of the best shoe liquidation truckloads that you can use for starting up your online business. Help using this website - Accessibility statement, Sneakerboy took its landlord, Georges Properties, to court. Anyone can write a Trustpilot review. *By completing this form you're signing up to receive our emails and can unsubscribe at any time. I would give no stars if I could. A recent letter to creditors, seen by 7NEWS.com.au, says the company has no funds available to carry out compensation for victims. Here youll find some of the best shoe liquidation truckloads that you can use for starting up your online business. 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. Luxury sneaker retailer Sneakerboy is being pursued by the Australian Taxation Office for $1.2m in unpaid superannuation and taxes. Reasons, Why Liquidators are the Best Wholesale Suppliers today? Hi Caroline,Thank you for taking the time to review Sneakerboy. These liquidation truckloads are offered at a supremely heavy discount compared to their market price. Add to Cart. Sneakerboy is about maximising retail space with online efficiency. 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. Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. Post jobs and search for local talent on 7NEWS Jobs >>. Thank you for your understanding! 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 Retail Pty Ltd and Luxury Retail Group are run by Nelson Mair and Theo Poulakis. translation missing: en.general.accessibility.unit_price_separator, 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM Police & Courts I have emailed instagrammed 1000s of times but zero reply. 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.. 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. Up untill now I still haven't got any updates and the status till states thag it's on "Backorder". Luxury sportswear stores. Quicklotzis among the top 5,000 fastest growing private companies in America. $175,000.00. 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. AU. Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with . 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. It's been a month since I ordered and I got nothing. we can only give you a credit refund". If you guys are reading this (STAFF) my order # is ORDER 317094 its a shame it has to come down to this. The Australian fashion label went into liquidation last Friday with Matthew Kucianski of Worrells appointed as the liquidator. Luxury sneaker retailer Sneakerboy is facing liquidation after sportswear giant Adidas launched legal action over an unpaid bill. 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. This company is a jokeWould like my order cancelled and refunded. However, it had failed to confirm their intentions to fulfil prepaid orders, accept gift vouchers or honour any exchanges or refunds. Hi Noa,Thank you for taking the time to review Sneakerboy. 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. Companies can ask for reviews via automatic invitations. Run this search agent and email me with matches: Simon Johanson. My husband was told to pick up in store, went there the next day and they are closed! April 2, 2015. Sneakerboys Facebook page is riddled with people complaining they had not received their orders. Innovative Reverse Logistics solutions to retailers of all sizes anywhere in the world. Plaintiff or Plaintiff's legal practitioner: 10:30AM, Wholesale Domestic Loads Blankets & Pillows. Chou managed to receive a refund after emailing buy-now, pay-later company Afterpay for several months. If there's one apparel item that everyone uses, its shoes. They dont have stocks but still advertising and accepting orders. Hi everyone see the below from the administrators on orders:All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. Octets charges over Sneakerboy and Luxury Retail Group include all present and after-acquired property no exceptions. They didnt send my order bought in May. In April, AMP Pacific Fair, operators of the Gold Coast Pacific Fair shopping centre,filed a winding-up order in the Queensland Supreme Court. 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? Say goodbye to paying extra. 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). Therefore, you end up getting a great variety for your inventory at a fraction of the price. 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. Email Max Mason on max.mason@afr.com from a secure non-work device. 1-800-593-8595 Toll Free or Local (FL) 954-964-3064. 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 . 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. SNEAKERBOY in Little Bourke Street. 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. Along with shoes, theres also elated footwear such as flip flops, sneakers, wellingtons, etc. 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. 2023 Quicklotz !I've been trying to get in touch for over a month regarding an Essentials sweater that was "supposedly" in stock. I will be taking this to consumer affairs and will be filling a complaint! SmartCompany acknowledges the Traditional Owners of the many nations across Australia, and pay our respect to Elders past and present. An investigation is now underway to determine whether Sneakerboy traded while insolvent. 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. 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Im not sure what to do as theyre not even responding to emails. Jun 17, 2022. Keep in mind i ordered it 3 weeks before I was meant to leave. 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. Simon Johanson. Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. Im in a similar boat to a lot of other customers. After purchasing a rick owens island dunk and finally receiving them after 3 weeks. 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 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. Do not order anything online from Sneaker boy they DO NOT HAVE ANY STOCK!!! 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. Hi Mel,Thank you for taking the time to review Sneakerboy. Kind regards, Sneakerboy. Just posting this to spread awareness for others really. Ive sent countless emails, Instagram messages and phone calls and no response, another said. 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. 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. The accessory solves a daily problem encountered by owners of Frank Greens 34oz/1 litre ceramic drink bottles but the story of its design is a quirky one that involves TikTok, Bunnings and painted PVC pipes. 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. Hearing details The details of the hearing are: Copies of documents filed may be obtained from the plaintiff's address for service. Our site will be temporarily unavailable during this time. Also, in order to diversify your inventory, pick different kinds of truckloads so that your customers have more choice when they purchase. Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers cashed-up tourists and students disappeared. SmartCompany is the leading online publication in Australia for free news, information and resources catering to Australias entrepreneurs, small and medium business owners and business managers. In one word: profits. 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. Julie Ann. A luxury shoe retailer has gone into administration following years of controversy and multiple angry customers. 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. 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. Hi Jo,Thank you for taking the time to review Sneakerboy. SNEAKERBOY RETAIL PTY LTD: ACN: 604 708 189: Status: In Liquidation: Appointment Date: 29 September 2022: Resolution. 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. And remember: our customer service reps are there to help and assist you at every stage of the buying process. 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 Heres the fix, Five ways businesses can beat the scourge of busyness and boost productivity, My Biggest Mistake: Martin Karafilis, CEO of Fishburners. 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. The difficult but prudent decision has been made to initiate the voluntary administration process. Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. terrible customer service. 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: Still hasnt been shipped. The company operates three retail stores in Melbourne and one in Sydney, along with an online retail portal. I purchased 2 Essential sweaters on May 18th and I still havent received anything. As a student, this is really, truly heart-breaking. Scam! Do not buy from them. If my parcel is waiting for collection whats the carrier company and reference details, a frustrated customer asked. With our versatile shoe liquidation truckloads, you can run your very own part-time or full-time business you always dreamed of. Placed my order weeks ago (order 322484) and have not received any notice of my order. Follow the topics, people and companies that matter to you. Why pay thousands per square metre when you can basically pay zero? Kyvetos told The Australian in 2013. Disgusting! Worst experience I have ever had with a retailer. The report estimated the company owed $1.7 million in employee entitlements, including almost $1.3 million in superannuation. !I will definitely bring this matter to fair traiding and police if required. 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. - Sam Pires, CEO. I am furious!!! . You'll also receive messages on behalf of our partners. Absolutely horrified at my experience with Sneakerboy! 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 fill out the fields below and we'll send your friend a link to this article along with a message from you. 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 has been left with just four retail stores - three in Melbourne and one in Sydney, and an online store. 2023 RLA Excellence Awards Winner: 'Innovation Solutions Partner' Read the Press Release. At the time,The Herald Sunreported Pacific Fair was chasing the company for nearly$300,000 in unpaid rent. And they were saying that is a system problem and asked me to wait, I never get my invoice and tracking number. 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. A major supermarket and union have clashed after the downfall of a major transport company was announced resulting in 1500 job losses. Dont purchase anything from them, clearly there is something fishy going on. They have ignored my emails and request. 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. Even the order of husband, they didnt send it. Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers - cashed-up tourists and students - disappeared. $20.00. (did we mention that already? Our experienced Team is Ready to assist you. Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. 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. Cut your business cost by half by saving on the transportation cost, salaries of employees and a rented workplace.

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