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. Kind regards,Sneakerboy. If you have any further questions please [email protected] this is the best avenue for communication and questions to be answered.Kind regards,SNEAKERBOY, These guys dont respond to emails, didnt apply a discount they said they would for one order, now its come to light another order i made on the same day they havent shipped 6 weeks later!They responded on here "please email helpdesk" i did, guess what 10 days later no response, ive never seen worse reviews or scamming from sneaker shop. If you have any further questions please email [email protected] as this is the best avenue for communication and questions to be answered.Kind regards,SNEAKERBOY. 2023 Trustpilot, Inc. All rights reserved. *By completing this form you're signing up to receive our emails and can unsubscribe at any time. Give us a call Monday through Friday from 9:00am to 5:00pm EST. 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 2 Essential sweaters on May 18th and I still havent received anything. 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! The phone number associated with Luxury Retail Group was also disconnected. I realised then they were taking our money then paying nike before Nike would give them the stock. Selling shoes online, therefore, is an extremely lucrative and profitable business. We only use 77sqm of our 80sqm of shop floor and carry over 300 [SKUs] of shoes with a back area of 3m.. 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. Just a week before Sneakerboy collapsed, with $17.2 million owed . Please look for an email from Hamilton Murphy outlining the actions around past orders. Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. If my parcel is waiting for collection whats the carrier company and reference details, a frustrated customer asked. We also ensure all reviews are published without moderation. 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, which sells luxury sneakers and street wear, collapsed into administration on Saturday. How can you lose money when your drops sellout? we can only give you a credit refund". We will be providing an update on the status of your order as it progresses, however if you wish to cancel your order as a result of these delays, please email us at [email protected] and we will respond as soon as we can. 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. Ive sent countless emails, Instagram messages and phone calls and no response, another said. During these sales, you can pick up some awesome shoe liquidation truckloads at ridiculous prices. Nationwide News Pty Ltd 2023. Worst experience I have ever had with a retailer. When you purchase your shoe liquidation truckloads from us, you get them at a much cheaper price than what is offered in the market. I even bought an essentials jumper they created a courier document and it still has not been sent. 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. 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. 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. Email sent to ask where the shoes are, no response. Julie Ann. so i decieded to email again and never got a response. 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). If you guys are reading this (STAFF) my order # is ORDER 317094 its a shame it has to come down to this. No update. Along with shoes, theres also elated footwear such as flip flops, sneakers, wellingtons, etc. Please look for an email from Hamilton Murphy outlining the actions around past orders. Hi there.Thanks for taking the time to write us a review.We're currently experiencing high order volumes which have caused fulfilment delays. The voluntary administration appointment has been made due to short term financing difficulties being experienced by the company. They didnt send my order bought in May. Our liquidation truckloads are sourced from some of the largest retailers in the United States. 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. All orders from July 2, 2022 will be fulfilled by the Administrators moving forward. Daily Luxury footwear and fashion retailer Sneakerboy faces a new test after administrators were appointed to oversee the embattled retail chain. If you have any further questions please [email protected] this is the best avenue for communication and questions to be answered.Kind regards,SNEAKERBOY. Hamilton Murphy said the collapsed companies had previously held discussions with interested parties to sell the business. 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. I am furious!!! Kind regards, Sneakerboy. We recommend that you browse through our catalog and choose your favorite shoe liquidation truckload. Hi Mel,Thank you for taking the time to review Sneakerboy. Say goodbye to paying extra. 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. Please look for an email from Hamilton Murphy outlining the actions around past orders. They have ignored my emails and request. However, it re-emerged following a sale to "a party relating to one of the directors," Carrafa said. Sneakerboy sells upmarket footwear and streetwear, with some Balenciaga sneakers on its walls reaching north of $1500. EST 2012 | Established in 2013 as an innovative hybrid model that fuses the best physical elements of bricks-and-mortar with . The latest stories, funding information, and expert advice. We welcome you to visit us at our Pembroke Florida location. Lotz International, LLC. !I've been trying to get in touch for over a month regarding an Essentials sweater that was "supposedly" in stock. 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 [email protected] Clothing (Brand) Privacy Policy https://www.instagram.com/sneakerboy/ Photos I am working with the Department of Employment and Workplace Relations to verify the Companys outstanding employee entitlements, Dixon wrote. Email Max Mason on [email protected] from a secure non-work device. I would give no stars if I could. 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. Chou managed to receive a refund after emailing buy-now, pay-later company Afterpay for several months. 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. 1 review. The first question most of you will have is: where do I buy my inventory? It goes against our guidelines to offer incentives for reviews. Our site will be temporarily unavailable during this time. 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.. Sneakerboy is 50-50 owned by holding companies held by directors Theo Poulakis and Nelson Mair, according to regulator filings. The company operates three retail stores in Melbourne and one in Sydney, along with an online retail portal. Footwear giant Adidas filed its ownwinding-up order in March 2021,while theVictorian State Revenue Office sought a wind-up in April 2020. 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. Our diversity of resale channels, from brick and mortar stores to overseas markets, allows us to maximize the value of each product category. Sneakerboy was contacted for further comment. 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. Just posting this to spread awareness for others really. Sneakerboy previously fell into voluntary administration in 2015, owing to "conflicting interests of director and shareholders," administrator Michael Carrafa of SV Partners told SmartCompany at the time. 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. SNEAKERBOY in Little Bourke Street. 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Scam! my order numbers are 324000 and 323459, Hi Anthony,Thank you for taking the time to review Sneakerboy. A recent letter to creditors, seen by 7NEWS.com.au, says the company has no funds available to carry out compensation for victims. Cult retailer Sneakerboy has been sold after collapsing into voluntary administration in February. Also, in order to diversify your inventory, pick different kinds of truckloads so that your customers have more choice when they purchase. This has been a really upsetting experience - I ordered my first ever designer item one month ago after a friend recommended Sneakerboy to me. If I could leave zero rating I would. A short statement on Sneakerboys website said Sneakerboy is in Administration. 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. However, he said that poor business management was also a prominent factor. 2023 RLA Excellence Awards Winner: 'Innovation Solutions Partner' Read the Press Release. You can opt-out at any time. They created a fake tracking number and the item was never sent. These discussions are now being urgently escalated by the Administrator as part of the Voluntary Administration process, it said. A whopping $500,000 is also owed to 120 past and current staff members through unpaid wages and entitlements. The first creditors meeting will be held next week on Wednesday, July 13 at 11am. 2023 Quicklotz 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. All Rights Reserved, Why you shouldnt give a hundred percent at work, Frank Green releases new product after Bunnings hack goes viral on TikTok, Australias top 25 most in-demand jobs revealed, Long-running Instagram feud between vitamin brands JSHealth and Life Botanics heading to Federal Court, NBN and Starlink are ramping up the bandwidth battle for rural Australia, Off-grid cabin startup Unyoked raises $28 million to expand in Europe, How Sendle managing director Laura Hill made the unconventional path work for logistics, and what your business can learn, There are reasons why staff ignore your emails. This notice does not mean that the company was wound up. 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. 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? All times AEDT (GMT +11). Liquidation.com will be undergoing maintenance on February 18, 2021, between 9:30 pm and 10:30 pm Eastern. Home > keyword "sneakers" Refine Your Search. $175,000.00. If there's one apparel item that everyone uses, its shoes. DO NOT USE!!! Hi Jo,Thank you for taking the time to review Sneakerboy. Hamilton Murphy Advisory said the companies have previously held discussions with parties who have expressed an interest in purchasing the business. Wholesale Athletic shoe Mix Nike,Asics,Mizuno,Brooks,Adidas,etc. You'll also receive messages on behalf of our partners. Vanda Carson court reporter 2 min read April 15, 2022 - 11:30AM Police & Courts An investigation is now underway to determine whether Sneakerboy traded while insolvent. 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. !I will definitely bring this matter to fair traiding and police if required. 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. Editors note: The author of this article is a customer who was impacted by Sneakerboy going into 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. 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 [email protected] if you have any further concerns.Kind regards, Sneakerboy. Carrafa says the successful sale demonstrates the benefit of seeking help from administrators at an early stage. 6 weeks for orders to ship. If I do ever get a response, it's a generic one. After that i did receive a authentic pair, but this is ridiculous. Plaintiff or Plaintiff's legal practitioner: 10:30AM, Still hasnt been shipped. Seemed like a good idea to mention it again.). Hi Noa,Thank you for taking the time to review Sneakerboy. 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. Hearing details The details of the hearing are: Copies of documents filed may be obtained from the plaintiff's address for service. From brand-named clothing to popular electronic items and trendy items - we've got everything you need to support your business. 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. Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. SmartCompany understands Sneakerboy turns over around $50,000 per week and Carrafa says its a strong business model. 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. If you have any further questions please email [email protected] as this is the best avenue for communication and questions to be answered.Kind regards,SNEAKERBOY. After purchasing a rick owens island dunk and finally receiving them after 3 weeks. Technology, engineering, professional services and sales roles are among Australias most sought-after job titles according to LinkedIn data. Frustrated customers have bombarded the companys online platforms and review sites in recent months over delayed orders dating back to January. Therefore, please feel free to get in touch with us in case you have any questions. The Reserve Bank of Australia is tipped to increase the official cash rate by 0.5 percentage points on Tuesday, following an equivalent rate rise in June, and a 0.25 percentage points rise in May. I have emailed instagrammed 1000s of times but zero reply. Why pay thousands per square metre when you can basically pay zero? Kyvetos told The Australian in 2013. 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. They dont have stocks but still advertising and accepting orders. Our experienced Team is Ready to assist you. Terms Luxury Retail Group is similarly split between Mr Poulakis and Mr Mair, although via four entities. I have never had to follow up this much. 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. Together we have achieved this milestone in the history of ourcompany." 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. 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.
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