Thank you for your understanding! 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. In one word: profits. Also, in order to diversify your inventory, pick different kinds of truckloads so that your customers have more choice when they purchase. Help using this website - Accessibility statement, Sneakerboy took its landlord, Georges Properties, to court. NOTICE TO SUBMIT PARTICULARS OF DEBT OR CLAIM IN A SIMPLIFIED LIQUIDATION PROCESS - 5.6.39(2)and(3) . Luxury retailer Sneakerboy facing a liquidation push from Adidas is also being pursued by the ATO for $1.2m in unpaid super and taxes. Simon Johanson. $175,000.00. I have never had to follow up this much. All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. Technology, engineering, professional services and sales roles are among Australias most sought-after job titles according to LinkedIn data. 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! Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. Sneakerboy was founded by Melburnian Chris Kyvetos, who was credited with . 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. Monthly, on February 18, 2021, between 9:30 pm and 10:30 pm. After that i did receive a authentic pair, but this is ridiculous. These discussions are now being urgently escalated by the administrator as part of the voluntary administration process.. 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. 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. 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. What's the benefit for you? Hi everyone see the below from the administrators on orders:All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. Sneakerboys collapse into administration brush is not thefirst challengeto face the company. Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM QLD News July 6, 2022 - 7:27AM NCA NewsWire Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. Ordered online last May 26, 2022. Carrafa says the successful sale demonstrates the benefit of seeking help from administrators at an early stage. After purchasing a rick owens island dunk and finally receiving them after 3 weeks. 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. I then Dm their instagram to not get a response either. 2023 Quicklotz Find out more about our policy and your choices, including how to opt-out. Subscribe to receive time-sensitive and limited quantity deals. Do you know more? Plaintiff or Plaintiff's legal practitioner: 10:30AM, 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. translation missing: en.general.accessibility.unit_price_separator, 3 Tips for Finding Your Perfect Reselling Platform, Everything You Need to Know About Liquidation. Dont purchase anything from them, clearly there is something fishy going on. Moreover, people tend to buy multiple pairs of shoes to be worn on different occasions. A creditors meeting will be held July 13. Disgusting! Daily All orders pre-dating July 2, 2022 please contact Hamilton Murphy on (03) 8866 7600. Our site will be temporarily unavailable during this time. Our experienced Team is Ready to assist you. 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. I am still waiting on sneakers purchased after the Pacific Fair store a month ago. Quicklotzis among the top 5,000 fastest growing private companies in America. When you purchase your shoe liquidation truckloads from us, you get them at a much cheaper price than what is offered in the market. 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. "We thank God first, and we thank all our customers, suppliers, and the passion of our team. 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. 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. You can find those pair of shoes at our shoe liquidation truckloads for a much cheaper price. 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.. The company operates three retail stores in Melbourne and one in Sydney, along with an online retail portal. Still trading and accepting orders even if they are now in Administration. 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. Add to Cart. Luxury sportswear stores. 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. If you wanna cancel the order and refund, thats fine but atleast communicate. As a result, your margins tend to be hefty and lucrative when you sell these products through your online store. 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.. Sneakerboy was hit hard early in the coronavirus pandemic when international borders were closed and its core customers cashed-up tourists and students disappeared. 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. Sneakerboy today announced that Stephen Dixon of Hamilton Murphy Advisory has been appointed as voluntary administrator Hamilton Murphy Advisory said in a statement. 1-800-593-8595 Toll Free or Local (FL) 954-964-3064. 2023 Trustpilot, Inc. All rights reserved. We only use 77sqm of our 80sqm of shop floor and carry over 300 [SKUs] of shoes with a back area of 3m.. Frustrated customers have bombarded the companys online platforms and review sites in recent months over delayed orders dating back to January. Selling shoes online, therefore, is an extremely lucrative and profitable business. This is an absolute lie. Toxic chemical threat to WA drinking water supply: Real threat, Australians warned to watch out for $198.82 myGov refund, Woman sued for quiet quitting while working from home, This Channel 7 reporter drove an EV from Brisbane to Cairns. Featured Liquidation Auctions Show all auctions Pallet HPC - 800 to 1,200 Pcs Average - 10$ Retail per Unit Average - 75% Apparel and other General Merchandise - Brand New Overstock from Major E-Tailer A recent letter to creditors, seen by 7NEWS.com.au, says the company has no funds available to carry out compensation for victims. Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. 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? Sent an email to get a refund, got an automated generic response. 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. Free to sign up. These liquidation truckloads are offered at a supremely heavy discount compared to their market price. Sneakerboy is about maximising retail space with online efficiency. I purchased a $200+ sweater over two months ago. I will be taking this to consumer affairs and will be filling a complaint! . I will filing consumer affairs complaints and ACCC, they shouldnt be trading at all. Reasons, Why Liquidators are the Best Wholesale Suppliers today? I ordered the recent Essentials drop, its been almost two weeks and I still havent gotten an update from them. Our liquidation truckloads are sourced from some of the largest retailers in the United States. 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. - Sam Pires, CEO. However, he said that poor business management was also a prominent factor. Please look for an email from Hamilton Murphy outlining the actions around past orders. 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. Messages left on instagram, seenzoned. The phone number associated with Luxury Retail Group was also disconnected. 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. 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. Well, we will say youre on the absolute right page. Hamilton Murphy declined to comment when contacted by 7NEWS.com.au while Fraser Group did not respond. These discussions are now being urgently escalated by the Administrator as part of the Voluntary Administration process, it said.