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. Tried ringing the phone numbers on their website but no one picks up the phone. Seemed like a good idea to mention it again.). Octets charges over Sneakerboy and Luxury Retail Group include all present and after-acquired property no exceptions. Sneakerboy was contacted for further comment. As a result, your margins tend to be hefty and lucrative when you sell these products through your online store. These retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. We are readily available from Monday through Friday. We Ship to various locations throughout the USA and overseas. 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. Reasons, Why Liquidators are the Best Wholesale Suppliers today? This has been a really upsetting experience - I ordered my first ever designer item one month ago after a friend recommended Sneakerboy to me. Herald Sun - Luxury retailer Sneakerboy facing a | Facebook we can only give you a credit refund". 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. Together we have achieved this milestone in the history of ourcompany." We need an update. Sneakerboy goes into voluntary administration - news 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. 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! Quicklotz: Best Source for Liquidation Merchandise I then Dm their instagram to not get a response either. The company operates three retail stores in Melbourne and one in Sydney, along with an online retail portal. 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. Twenty-two former employees have made claims for unpaid entitlements. 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. An investigation is now underway to determine whether Sneakerboy traded while insolvent. 18March2021. Our experienced Team is Ready to assist you. A major supermarket and union have clashed after the downfall of a major transport company was announced resulting in 1500 job losses. Thank you for your understanding! The telephone number for Luxury Retail Groups corporate headquarters in Melbourne remained disconnected on Tuesday. If I do ever get a response, it's a generic one. Julie Ann. 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. *By completing this form you're signing up to receive our emails and can unsubscribe at any time. With a complete source of wholesale fashion, electronics, and home improvement items, get the best deals near you! With these shoe liquidation truckloads, you find an assortment of goods from different brands within the same shipment. . Sneakerboy has previously faced wind-up actions from footwear brand Adidas in 2021 and the Victorian Commission of State Revenue in 2020. 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. If I could leave zero rating I would. Disgusting! Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. Demand for goods tends to be high and your favorite truckload might get sold to someone else if you arent quick enough. 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. Follow the topics, people and companies that matter to you. Copies of documents filed may be obtained from the plaintiff's address for service. All orders pre-dating July 2, 2022 please contact Hamilton Murphy on (03) 8866 7600. 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. 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. All times AEDT (GMT +11). Please look for an email from Hamilton Murphy outlining the actions around past orders. My husband was told to pick up in store, went there the next day and they are closed! Nationwide News Pty Ltd 2023. It's been a month since I ordered and I got nothing. Messages left on instagram, seenzoned. I tried to get a refund, but they said they would inspect the sneaker to ensure it was fake. 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. 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. 2023 RLA Excellence Awards Winner: 'Innovation Solutions Partner' Read the Press Release. However, he said that poor business management was also a prominent factor. Sneakerboy Pty Ltd 603 960 961 | Winding Up Application | Winding up The first creditors meeting will be held next week on Wednesday, July 13 at 11am. Dixon estimated in the report it would take between 12 to 18 months to complete Sneakerboys liquidation. Is your heart stuck on the pair of Nike Air which you saw in the showroom the other day? 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. This has to be the biggest joke. 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. Lotz International, LLC. Sneakerboy previously fell intovoluntary administration in 2015,owing to conflicting interests of director and shareholders, administrator Michael Carrafa of SV Partners told SmartCompany at the time. These discussions are now being urgently escalated by the administrator as part of the voluntary administration process.. I have been told that my order (319052) was going to be dispatched from their Melbourne store. - Sam Pires, CEO. A recent letter to creditors, seen by 7NEWS.com.au, says the company has no funds available to carry out compensation for victims. SNEAKERBOY RETAIL PTY LTD 604 708 189 | Creditors' Voluntary Our site will be temporarily unavailable during this time. 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. Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. It goes against our guidelines to offer incentives for reviews. SNEAKERBOY in Little Bourke Street. If you guys are reading this (STAFF) my order # is ORDER 317094 its a shame it has to come down to this. 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. Profits!! But is this really the case? Luxury footwear retailer Sneakerboy goes into administration Dont purchase anything from them, clearly there is something fishy going on. Find out how we combat fake reviews. !I will definitely bring this matter to fair traiding and police if required. Please look for an email from Hamilton Murphy outlining the actions around past orders. Please look for an email from Hamilton Murphy outlining the actions around past orders. Our strategy focuses on delivering the highest recovery rates in the industry. Footwear giant Adidas filed its ownwinding-up order in March 2021,while theVictorian State Revenue Office sought a wind-up in April 2020. Keep in mind i ordered it 3 weeks before I was meant to leave. Here youll find some of the best shoe liquidation truckloads that you can use for starting up your online business. You can opt-out at any time. July 6, 2022 - 7:27AM NCA NewsWire Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. Just a week before Sneakerboy collapsed, with $17.2 million owed . 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. If there's one apparel item that everyone uses, its shoes. 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.. I am furious!!! Hamilton Murphy Advisory said the companies have previously held discussions with parties who have expressed an interest in purchasing the business. The retailer, which sells. Sneakerboy today announced that Stephen Dixon of Hamilton Murphy Advisory has been appointed as voluntary administrator Hamilton Murphy Advisory said in a statement. Plaintiff or Plaintiff's legal practitioner: 10:30AM, The voluntary administration appointment has been made due to short term financing difficulties being experienced by the company. I still haven't received any shipping code, I have emailed them several times over weeks ago and never got a response. 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 retailers sell us the surplus stock from their inventory which we, in turn, sell on to customers. Hi there.Thanks for taking the time to write us a review.We're currently experiencing high order volumes which have caused fulfilment delays. Hi everyone see the below from the administrators on orders:All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. 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. Hearing details The details of the hearing are: Copies of documents filed may be obtained from the plaintiff's address for service. Looking for a new job or job candidate? 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. 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. If my parcel is waiting for collection whats the carrier company and reference details, a frustrated customer asked. At the time,The Herald Sunreported Pacific Fair was chasing the company for nearly$300,000 in unpaid rent. Luxury sneaker retailer Sneakerboy is facing liquidation after sportswear giant Adidas launched legal action over an unpaid bill. Say goodbye to paying extra. . Nike Liquidation Auctions - Bulk Wholesale Lots - DirectLiquidation Sneakerboy | LinkedIn What's the benefit for you? Sneakerboy: Luxury sneaker retailer avoids liquidation | The Advertiser Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers cashed-up tourists and students disappeared. Herald Sun - Luxury sneaker retailer Sneakerboy is facing | Facebook Copyright © 2023 Private Media Pty Ltd. Publishers of smartcompany.com.au. 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. Sneakerboy enters administration with creditors to meet this month $20.00. Ive sent countless emails, Instagram messages and phone calls and no response, another said. And they were saying that is a system problem and asked me to wait, I never get my invoice and tracking number. Nike - Liquidation.com Based on my inquiries to date, l am of the opinion that the companys failure can be attributed to a deficiency of working capital, poor financial control and poor strategic management of the business, he said. If you have any further questions please emailhelp@sneakerboy.comas this is the best avenue for communication and questions to be answered.Kind regards,SNEAKERBOY, I ordered it in January, but the product hasn't been delivered yet.I asked you to wait until March due to Corona issue, but it didn't come until April.I applied for a refund if I wanted to get a refund, but I still haven't gotten a refund after 10 trading days.Why can't I get a refund after waiting for 2 months? Home; Nike . Im actually exhausted off this company now order number 321701 and 310206PLEASE DONT BUY FROM SNEAKERBOY, Hi Tyrone,Thank you for taking the time to leave us a review.Unfortunately like most other companies, during busy sale periods there are likely to be picking and shipping delays while we work through higher volumes of orders. I have never had to follow up this much. We use dedicated people and clever technology to safeguard our platform. They dont have stocks but still advertising and accepting orders. I have emailed instagrammed 1000s of times but zero reply. Verification can help ensure real people write reviews about real companies. We assure you well get to your enquiry as soon as possible and thank you for your patience.Kind regards,SNEAKERBOY. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) Appointee/Solicitor Name. Featured Liquidation Auctions Show all auctions Pallet HPC - 800 to 1,200 Pcs Average - 10$ Retail per Unit Average - 75% Apparel and other General Merchandise - Brand New Overstock from Major E-Tailer 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. 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. 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! 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. I purchased a $200+ sweater over two months ago. Ive tried calling to no avail. Clothing . Sneakerboy: Shoe retailer faces liquidation for failing to pay rent at I am still waiting on sneakers purchased after the Pacific Fair store a month ago. 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.
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