Hearing details The details of the hearing are: Copies of documents filed may be obtained from the plaintiff's address for service. *By completing this form you're signing up to receive our emails and can unsubscribe at any time. A hearing in the Melbourne Supreme Court on Thursday heard Sneakerboy and Adidas were working on a deal to settle the matter. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. Footwear giant Adidas filed its ownwinding-up order in March 2021,while theVictorian State Revenue Office sought a wind-up in April 2020. Absolutely horrified at my experience with Sneakerboy! The telephone number for Luxury Retail Groups corporate headquarters in Melbourne remained disconnected on Tuesday. And they were saying that is a system problem and asked me to wait, I never get my invoice and tracking number. No one has called me and I cant get in touch with anyone to even get an update, one person said. Anyone can write a Trustpilot review. 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. FundIT Limited is also listed as having a charge over Luxury Retail Group. Sneakerboy is facing a number of legal headwinds including a push by former supplier Adidas to have a court appoint a liquidator amid a standoff over a $148,000 bill. An investigation is now underway to determine whether Sneakerboy traded while insolvent. Just posting this to spread awareness for others really. The telephone number for Luxury Retail Groups corporate headquarters in Melbourne was disconnected. But others are unlikely to be as fortunate. 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 in Little Bourke Street. From brand-named clothing to popular electronic items and trendy items - we've got everything you need to support your business. Follow the topics, people and companies that matter to you. Sneakerboy held a sale in May 2022 where a number of customers did not receive their orders. To check whether the company was wound up following publication of this notice, search the ASIC database using the ASIC Connect function on ASIC's website www.asic.gov.au, Only notices after 01/07/2012 are available on this website. What's the benefit for you? However, they didn't make any updates, so I had to ask them every now and then for almost three months. 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. Cut your business cost by half by saving on the transportation cost, salaries of employees and a rented workplace. Monthly, on February 18, 2021, between 9:30 pm and 10:30 pm. 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. 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. Plaintiff's details Plaintiff's address for service: Please look for an email from Hamilton Murphy outlining the actions around past orders. I have spoken with a Golden Goose representative who has confirmed they have not been supplying Sneakerboy with stock for months. Email Max Mason on max.mason@afr.com from a secure non-work device. Ordered online last May 26, 2022. After that i did receive a authentic pair, but this is ridiculous. We need an update. This has to be the biggest joke. 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. 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. If there's one apparel item that everyone uses, its shoes. They created a fake tracking number and the item was never sent. Internet divided over gross find in bulk buy bargain at major retail chain, Urgent recall: Noodle buy pulled from Victorian stores amid reaction fears. Help using this website - Accessibility statement, Sneakerboy took its landlord, Georges Properties, to court. Hi Evelyn,Thanks for taking the time to share your review. But administrator Michael Carrafa of SV Partners told SmartCompany Sneakerboy ran into trouble after a dispute between Kyvetos and one of the shareholders. Run this search agent and email me with matches: In April, AMP Pacific Fair, operators of the Gold Coast Pacific Fair shopping centre,filed a winding-up order in the Queensland Supreme Court. However, it re-emerged following a sale to "a party relating to one of the directors," Carrafa said. EST 2012 | Established in 2013 as an innovative hybrid model that fuses the best physical elements of bricks-and-mortar with . 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. Chou managed to receive a refund after emailing buy-now, pay-later company Afterpay for several months. 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. Best source for liquidation merchandise and most innovative reverse logistics solutions. Still hasnt been shipped. With our services, you can start your business online in no time and serve your customers high-end products with huge margins. I have emailed instagrammed 1000s of times but zero reply. Verification can help ensure real people write reviews about real companies. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) . Please look for an email from Hamilton Murphy outlining the actions around past orders. Our site will be temporarily unavailable during this time. I even bought an essentials jumper they created a courier document and it still has not been sent. The Australian fashion label went into liquidation last Friday with Matthew Kucianski of Worrells appointed as the liquidator. Post jobs and search for local talent on 7NEWS Jobs >>. 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. 2023 Trustpilot, Inc. All rights reserved. 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. 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. 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. Simon Johanson. The voluntary administration appointment has been made due to short term financing difficulties being experienced by the company. The retailer sells luxury sneakers, priced at up to $1600 for a pair of Giuseppe Zanotti sneakers, online and through two stores in Melbourne and Sydney. 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. Hi everyone see the below from the administrators on orders:All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. 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. Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with . Selling shoes online, therefore, is an extremely lucrative and profitable business. Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. From the reviews below it appears Im not the only one, all my other experiences with Sneakerboy have been fine. 2023 Quicklotz 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. Quicklotzis among the top 5,000 fastest growing private companies in America. 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. Here youll find some of the best shoe liquidation truckloads that you can use for starting up your online business. An investigation is now underway to determine whether Sneakerboy traded while insolvent. 2023 Quicklotz Im not sure what to do as theyre not even responding to emails. 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. Still hasnt been shipped. Sneakerboys collapse into administration brush is not thefirst challengeto face the company. And remember: our customer service reps are there to help and assist you at every stage of the buying process. Lotz International, LLC. Demand for goods tends to be high and your favorite truckload might get sold to someone else if you arent quick enough. Ive tried calling to no avail. 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. 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. Company is terrible and no one should shop from them or give them money. SmartCompany understands Sneakerboy turns over around $50,000 per week and Carrafa says its a strong business model. Worst experience I have ever had with a retailer. On Fridays everything sells for $14 and the price drops daily all the way to $1 on Thursdays! Sneakerboy Retail Pty Ltd and Luxury Retail Group are run by Nelson Mair and Theo Poulakis. Hi Mel,Thank you for taking the time to review Sneakerboy. Staff were told on Friday afternoon that they were being made redundant after the company failed to find a buyer. Enjoy an EXTRA 50% off in our BACK ROOM weekly from Friday through Monday! Sneakerboy has previously faced wind-up actions from footwear brand Adidas in 2021 and the Victorian Commission of State Revenue in 2020. We welcome you to visit us at our Pembroke Florida location. And finally, we will recommend that you bookmark this page. Say goodbye to paying extra. Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. 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 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. Be honest, dont treat (people) like that plus I wont ever buy stuff from them again, he said. Hi Jo,Thank you for taking the time to review Sneakerboy. Luxury sneaker and streetwear retailer Sneakerboy, which has shops in the Melbourne CBD and Chadstone, is facing liquidation after being taken to court by Adidas over an unpaid bill. Wholesale Domestic Loads Blankets & Pillows. Here you'll find some of the best shoe liquidation truckloads that you can use for starting up your online business. April 2, 2015. 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 not order anything online from Sneaker boy they DO NOT HAVE ANY STOCK!!! Weekly Together we have achieved this milestone in the history of ourcompany." The first question most of you will have is: where do I buy my inventory? Wholesale Athletic shoe Mix Nike,Asics,Mizuno,Brooks,Adidas,etc. 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. It comes after the companies faced more than 10 wind up orders over the last three years, including from Adidas, the Victorian Commission of State Revenue and AMP Pacific Fair (the operators of the Gold Coast Pacific Fair shopping centre where Sneakerboy had a retail store). Hi there.Thanks for taking the time to write us a review.We're currently experiencing high order volumes which have caused fulfilment delays. 6 weeks for orders to ship. 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. 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. The retailer, which sells. Sent an email to get a refund, got an automated generic response. At this meeting, details will be provided to all stakeholders in relation to the financial and structural position of the companies. These discussions are now being urgently escalated by the administrator as part of the voluntary administration process.. Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with pioneering a luxury retail revolution by The Business of Fashion. Our liquidation truckloads are sourced from some of the largest retailers in the United States. Calls to Sneakerboys Melbourne CBD flagship store went unanswered Monday morning. 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. The company did score a legal win in 2020,after the Supreme Court of NSW ruled Sneakerboy be granted at least six months of breathing room to recover from Covid-19 business closuresbefore its landlord moved to evict the retailer or raise its rents. Up untill now I still haven't got any updates and the status till states thag it's on "Backorder". I realised that they were fake, cause the paint or whatever it was, came off from the mid sole. Well, purchasing branded shoes from the market can be a little hefty for your pocket. I still haven't received any shipping code, I have emailed them several times over weeks ago and never got a response. 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.. This has been a really upsetting experience - I ordered my first ever designer item one month ago after a friend recommended Sneakerboy to me. Luxury sportswear stores. Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. 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. 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. We only use 77sqm of our 80sqm of shop floor and carry over 300 [SKUs] of shoes with a back area of 3m.. Find out more about our policy and your choices, including how to opt-out. Hamilton Murphy Advisory said the companies have previously held discussions with parties who have expressed an interest in purchasing the business. we can only give you a credit refund". 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! Luxury retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. 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. The first creditors meeting will be held next week on Wednesday, July 13 at 11am. Copies of documents filed may be obtained from the plaintiff's address for service. Kind regards,Sneakerboy. July 6, 2022 - 7:27AM NCA NewsWire Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. A major supermarket and union have clashed after the downfall of a major transport company was announced resulting in 1500 job losses. Please look for an email from Hamilton Murphy outlining the actions around past orders.