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 No update. 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. Quicklotzis among the top 5,000 fastest growing private companies in America. 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. 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. I have emailed instagrammed 1000s of times but zero reply. If I do ever get a response, it's a generic one. Free to sign up. This has been a really upsetting experience - I ordered my first ever designer item one month ago after a friend recommended Sneakerboy to me. Nationwide News Pty Ltd 2023. I have never had to follow up this much. Sneakerboy today announced that Stephen Dixon of Hamilton Murphy Advisory has been appointed as voluntary administrator Hamilton Murphy Advisory said in a statement. 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. I will filing consumer affairs complaints and ACCC, they shouldnt be trading at all. We assure you well get to your enquiry as soon as possible and thank you for your patience.Kind regards,SNEAKERBOY. During these sales, you can pick up some awesome shoe liquidation truckloads at ridiculous prices. But administrator Michael Carrafa of SV Partners told SmartCompany Sneakerboy ran into trouble after a dispute between Kyvetos and one of the shareholders. 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. Just a week before Sneakerboy collapsed, with $17.2 million owed . DO NOT USE!!! 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. Ive sent countless emails, Instagram messages and phone calls and no response, another said. An investigation is now underway to determine whether Sneakerboy traded while insolvent. Scam! 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. 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. Footwear giant Adidas filed its ownwinding-up order in March 2021,while theVictorian State Revenue Office sought a wind-up in April 2020. Scam! Notice is given that, on the resolution date set out below, the Company is taken, because of paragraph 446A(1)(a) to have passed a special resolution under s491 that the Company be wound up voluntarily. However, it re-emerged following a sale to "a party relating to one of the directors," Carrafa said. Sneakerboy closed its Brisbane store and removed its listing from its website in early April, leaving it with three stores in Victoria, at Southwharf DFO, Chadstone Shopping Centre and a flagship store on Little Bourke St, as well as a store on George St, Sydney. 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. 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. 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. Also, in order to diversify your inventory, pick different kinds of truckloads so that your customers have more choice when they purchase. After that i did receive a authentic pair, but this is ridiculous. 18March2021. . 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? Simon Johanson. 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: Demand for goods tends to be high and your favorite truckload might get sold to someone else if you arent quick enough. SmartCompany understands Sneakerboy turns over around $50,000 per week and Carrafa says its a strong business model. A short statement on Sneakerboys website said Sneakerboy is in Administration. Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers cashed-up tourists and students disappeared. Company is terrible and no one should shop from them or give them money. Add to Cart. 6 weeks for orders to ship. Luxury retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. You'll also receive messages on behalf of our partners. so i decieded to email again and never got a response. Luxury sneaker retailer Sneakerboy is being pursued by the Australian Taxation Office for $1.2m in unpaid superannuation and taxes. Sneakerboy operated a retail store at the shopping centre, though it is no longer listed on the Sneakerboy website. The difficult but prudent decision has been made to initiate the voluntary administration process. All orders pre-dating July 2, 2022 please contact Hamilton Murphy on (03) 8866 7600. An investigation is now underway to determine whether Sneakerboy traded while insolvent. Im in a similar boat to a lot of other customers. I have sent emails and messages to there instagram and have still not got a response. Looking for a new job or job candidate? But is this really the case? Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. Hamilton Murphy said the collapsed companies had previously held discussions with interested parties to sell the business. 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. Kind regards, Sneakerboy. Help using this website - Accessibility statement, Sneakerboy, which sells high-end footwear brands such as Balenciaga for more than $1000 a pair, had external administrators appointed by Sydney-based financier Octet Finance. Along with shoes, theres also elated footwear such as flip flops, sneakers, wellingtons, etc. Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. I even bought an essentials jumper they created a courier document and it still has not been sent. 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. SNEAKERBOY RETAIL PTY LTD: ACN: 604 708 189: Status: In Liquidation: Appointment Date: 29 September 2022: Resolution. 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. Policy, after the Supreme Court of NSW ruled Sneakerboy be granted at least six months of breathing room to recover from Covid-19 business closures, Tigerlily CEO Travis Wright on what it takes to win at online retail, Bonds unveils The UnGenderwear Project, aims to create a safe space, Break the bias: The Iconic CEO Erica Berchtold on taking action today, Value retailers get a bad rap: Best & Less CEO talks ethical sourcing, Openpay collapses as economic reality hits Australian BNPL players, Milkrun seeks investment as a perfect economic storm hits instant delivery, Meal delivery startup ChefPrep buys Co-Lab Pantry, DoorDash, TWU sign industry-first agreement on gig economy principles, BNPL firm Pay It Later faces wind-up order, as SMEs claim bills unpaid, Sneakerboy directors face $500,000-plus claim over unpaid super, Frasers Group buys Sneakerboy, plans to revive business, Many potential saviours in line for stricken Sneakerboy Group, LRG looks to next brand, amid continued portfolio growth, Disruptors rule the rise of re-commerce, Unlimited access to news,insights and opinions, Independent research reports and forecasts, Exclusive Masterclass access. Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. Editors note: The author of this article is a customer who was impacted by Sneakerboy going into administration. Reasons, Why Liquidators are the Best Wholesale Suppliers today? Home; Nike . The report estimated the company owed $1.7 million in employee entitlements, including almost $1.3 million in superannuation. With a complete source of wholesale fashion, electronics, and home improvement items, get the best deals near you! But others are unlikely to be as fortunate. FundIT Limited is also listed as having a charge over Luxury Retail Group. 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. 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 Frustrated customers have bombarded the companys online platforms and review sites in recent months over delayed orders dating back to January. 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. 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. Add to Cart. Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. I'll be contacting them confirming this and will be discussed with you guys on this public platform rather than the merky waters in your private emails, Hi Callum,Thank you for taking the time to review Sneakerboy. Until, they finally responded with "what do you want then? *By completing this form you're signing up to receive our emails and can unsubscribe at any time. Sneakerboy has previously faced wind-up actions from footwear brand Adidas in 2021 and the Victorian Commission of State Revenue in 2020. However, it had failed to confirm their intentions to fulfil prepaid orders, accept gift vouchers or honour any exchanges or refunds. 2023 Quicklotz Copyright © 2023 Private Media Pty Ltd. Publishers of smartcompany.com.au. From brand-named clothing to popular electronic items and trendy items - we've got everything you need to support your business. 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 been left with just four retail stores - three in Melbourne and one in Sydney, and an online store. Julie Ann. Wholesale Liquidation Overstocks Bulk Returns Nike Jordans Levi. Enjoy an EXTRA 50% off in our BACK ROOM weekly from Friday through Monday! 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. 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. We use dedicated people and clever technology to safeguard our platform. Hi Jo,Thank you for taking the time to review Sneakerboy. At the time,The Herald Sunreported Pacific Fair was chasing the company for nearly$300,000 in unpaid rent. Ordered online last May 26, 2022. Companies can ask for reviews via automatic invitations. A whopping $500,000 is also owed to 120 past and current staff members through unpaid wages and entitlements. We Ship to various locations throughout the USA and overseas. Dixon estimated in the report it would take between 12 to 18 months to complete Sneakerboys liquidation. 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. Subscribe to receive time-sensitive and limited quantity deals. Terms translation missing: en.general.accessibility.unit_price_separator, 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. The first question most of you will have is: where do I buy my inventory? Also if youre a small businessman, there is a great advantage in purchasing shoe liquidation truckloads. Lotz International, LLC. 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. SmartCompany acknowledges the Traditional Owners of the many nations across Australia, and pay our respect to Elders past and present. Still trading even if they are now in Administration. Technology, diversification, multiple resale channels, demographics, worldwide supply and demand, 13+ years of experience, are just some of the parameters we use to optimize recoveries. After purchasing a rick owens island dunk and finally receiving them after 3 weeks. Cut your business cost by half by saving on the transportation cost, salaries of employees and a rented workplace. 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. I have been told that my order (319052) was going to be dispatched from their Melbourne store. These discussions are now being urgently escalated by the Administrator as part of the Voluntary Administration process, it said. Find out how we combat fake reviews. Sneakerboy, which sells luxury sneakers and street wear, collapsed into administration on Saturday. Quicklotzis among the top 5,000 fastest growing private companies in America. 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. Is your heart stuck on the pair of Nike Air which you saw in the showroom the other day? They have ignored my emails and request. Subscribe to receive time-sensitive and limited quantity deals. 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. Do you know more? The phone number associated with Luxury Retail Group was also disconnected. Worst experience I have ever had with a retailer. 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. Disgusting! 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. And finally, we will recommend that you bookmark this page. People who write reviews have ownership to edit or delete them at any time, and theyll be displayed as long as an account is active. Plaintiff's details Plaintiff's address for service: April 2, 2015. At this meeting, details will be provided to all stakeholders in relation to the financial and structural position of the companies. 1-800-593-8595 Toll Free or Local (FL) 954-964-3064. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. We often find ourselves filling every waking moment with activity, thinking that this is the only way to get ahead. 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. Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with pioneering a luxury retail revolution by The Business of Fashion. They created a fake tracking number and the item was never sent. Please look for an email from Hamilton Murphy outlining the actions around past orders. Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM QLD News 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. 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. With our versatile shoe liquidation truckloads, you can run your very own part-time or full-time business you always dreamed of.