. Still trading even if they are now in Administration. Simon Johanson. Luxury sneaker retailer Sneakerboy is facing liquidation after sportswear giant Adidas launched legal action over an unpaid bill. Plaintiff's details Plaintiff's address for service: Luxury footwear and fashion retailer Sneakerboy faces a new test after administrators were appointed to oversee the embattled retail chain. 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. But administrator Michael Carrafa of SV Partners told SmartCompany Sneakerboy ran into trouble after a dispute between Kyvetos and one of the shareholders. They didnt send my order bought in May. Sneakerboy has previously faced wind-up actions from footwear brand Adidas in 2021 and the Victorian Commission of State Revenue in 2020. Simon Johanson. 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. Please look for an email from Hamilton Murphy outlining the actions around past orders. 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. $20.00. With our versatile shoe liquidation truckloads, you can run your very own part-time or full-time business you always dreamed of. Free to sign up. 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. 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. 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. Subscribe to receive time-sensitive and limited quantity deals. 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.. 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. Find out how we combat fake reviews. 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. 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. Hamilton Murphy Advisory said the companies have previously held discussions with parties who have expressed an interest in purchasing the business. . SNEAKERBOY RETAIL PTY LTD: ACN: 604 708 189: Status: In Liquidation: Appointment Date: 29 September 2022: Resolution. Home; Nike . I purchased 2 Essential sweaters on May 18th and I still havent received anything. Kind regards, Sneakerboy. Therefore, you end up getting a great variety for your inventory at a fraction of the price. I tried to get a refund, but they said they would inspect the sneaker to ensure it was fake. 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. In one word: profits. Plaintiff or Plaintiff's legal practitioner: 10:30AM, The difficult but prudent decision has been made to initiate the voluntary administration process. However, he said that poor business management was also a prominent factor. Together we have achieved this milestone in the history of ourcompany." Technology, engineering, professional services and sales roles are among Australias most sought-after job titles according to LinkedIn data. !I will definitely bring this matter to fair traiding and police if required. These liquidation truckloads are offered at a supremely heavy discount compared to their market price. I have spoken with a Golden Goose representative who has confirmed they have not been supplying Sneakerboy with stock for months. My husband was told to pick up in store, went there the next day and they are closed! I then Dm their instagram to not get a response either. I have been told that my order (319052) was going to be dispatched from their Melbourne store. Hamilton Murphy said the collapsed companies had previously held discussions with interested parties to sell the business. Moreover, these are high-quality goods with their original packaging and tags intact. 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. 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. 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 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. Order number 319669, Hi Julie,Thank you for taking the time to leave us a review.Unfortunately during busy sales periods customers may unfortunately experience some delays while we work through large volumes of orders.Rest assured your order will be arriving to you shortly, and we will reach out to you with further updates as to when it is arriving.In the meantime, please let us know if you require any further assistance.Kind regards,Sneakerboy. 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. Until, they finally responded with "what do you want then? The first creditors meeting will be held next week on Wednesday, July 13 at 11am. Hearing details The details of the hearing are: Copies of documents filed may be obtained from the plaintiff's address for service. 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. Clothing . Terms Luxury sneaker retailer Sneakerboy is being pursued by the Australian Taxation Office for $1.2m in unpaid superannuation and taxes. However, they didn't make any updates, so I had to ask them every now and then for almost three months. They created a fake tracking number and the item was never sent. I have emailed instagrammed 1000s of times but zero reply. Thank you for your understanding! Sneakerboy sells upmarket footwear and streetwear, with some Balenciaga sneakers on its walls reaching north of $1500. Sneakerboy, which ran stores in Sydney, Melbourne and on the Gold Coast, collapsed in July last year. Why pay thousands per square metre when you can basically pay zero? Kyvetos told The Australian in 2013. Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM Police & Courts Here are 8 tips for writing great reviews. 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. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. 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. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) . But is this really the case? Hi Noa,Thank you for taking the time to review Sneakerboy. You can opt-out at any time. If I do ever get a response, it's a generic one. 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. Sneakerboy | 1,928 followers on LinkedIn. Lotz International, LLC. Luxury retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. Carrafa says the successful sale demonstrates the benefit of seeking help from administrators at an early stage. Adidas launched liquidation proceedings against the niche retailer in March, claiming it was owed $148,000. Luxury sportswear stores. 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: Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. so i decieded to email again and never got a response. Customers at a luxury Australian sneaker store are unlikely to receive compensation for shoes they bought, and didnt receive, shortly before the store went into administration. *By completing this form you're signing up to receive our emails and can unsubscribe at any time. Hi everyone see the below from the administrators on orders:All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. If my parcel is waiting for collection whats the carrier company and reference details, a frustrated customer asked. Wholesale Domestic Loads Blankets & Pillows. Order says shipped but doesnt go through the process of courier picking package up.Poor business, I suggest everyone be careful purchasing from this company! 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. If you have already emailed us with this request, we thank you for your patience and assure you we will get to your request as soon as possible.Kind regards,SNEAKERBOY, I purchased 2 balenciaga in March 3 months later I have only received 1 the other is still on back order. We only use 77sqm of our 80sqm of shop floor and carry over 300 [SKUs] of shoes with a back area of 3m.. Our strategy focuses on delivering the highest recovery rates in the industry. We use dedicated people and clever technology to safeguard our platform. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) Appointee/Solicitor Name. I am working with the Department of Employment and Workplace Relations to verify the Companys outstanding employee entitlements, Dixon wrote. Moreover, people tend to buy multiple pairs of shoes to be worn on different occasions. 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. 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. 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. I will be taking this to consumer affairs and will be filling a complaint! And finally, we will recommend that you bookmark this page. Sneakerboy Retail Pty Ltd and Luxury Retail Group are run by Nelson Mair and Theo Poulakis. A major supermarket and union have clashed after the downfall of a major transport company was announced resulting in 1500 job losses. Julie Ann. Sneakerboy operated a retail store at the shopping centre, though it is no longer listed on the Sneakerboy website. Lotz International, LLC. And remember: our customer service reps are there to help and assist you at every stage of the buying process. Nationwide News Pty Ltd 2023. We are readily available from Monday through Friday. 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. 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. We Ship to various locations throughout the USA and overseas. Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with pioneering a luxury retail revolution by The Business of Fashion. Hi Evelyn,Thanks for taking the time to share your review. 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. Featured Liquidation Auctions Show all auctions Pallet HPC - 800 to 1,200 Pcs Average - 10$ Retail per Unit Average - 75% Apparel and other General Merchandise - Brand New Overstock from Major E-Tailer Ive tried calling to no avail. Hi there.Thanks for taking the time to write us a review.We're currently experiencing high order volumes which have caused fulfilment delays. Dixon estimated in the report it would take between 12 to 18 months to complete Sneakerboys liquidation. After purchasing a rick owens island dunk and finally receiving them after 3 weeks. Wholesale Liquidation Overstocks Bulk Returns Nike Jordans Levi. 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. Worst experience I have ever had with a retailer. What do you get in return? Footwear giant Adidas filed its ownwinding-up order in March 2021,while theVictorian State Revenue Office sought a wind-up in April 2020. No one has called me and I cant get in touch with anyone to even get an update, one person said. Sneakerboys collapse into administration brush is not thefirst challengeto face the company. Give us a call Monday through Friday from 9:00am to 5:00pm EST. Companies can ask for reviews via automatic invitations. we can only give you a credit refund". 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 today announced that Stephen Dixon of Hamilton Murphy Advisory has been appointed as voluntary administrator Hamilton Murphy Advisory said in a statement. Do you know more? 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, I ordered it in January, but the product hasn't been delivered yet.I asked you to wait until March due to Corona issue, but it didn't come until April.I applied for a refund if I wanted to get a refund, but I still haven't gotten a refund after 10 trading days.Why can't I get a refund after waiting for 2 months? Ordered online last May 26, 2022. However, it had failed to confirm their intentions to fulfil prepaid orders, accept gift vouchers or honour any exchanges or refunds. Established in 2013, SNEAKERBOY was founded on the idea that sneakers and streetwear were becoming icons of luxury. 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.