#sneakerboy

[fi-sneakerboy]

[skater1989]

Heute mal Osiris Style aufm Weg zur Arbeit ❤️

[norizzatall]

[levi-fun]

Beautiful day at the water 💦😉

[bootsorthossneaks]

My Best Ones

My multi loaded, pissed and showered, river used 24 years old heavy smelling adidas top ten Size 49, needed a walk outside😉

[baggyboysfin]

[melbournenewsvine]

Luxury fashion group collapses owing staff thousands

A luxury fashion brand fighting to stay afloat owes staff hundreds of thousands of dollars in entitlements, new documents show. Lifestyle group Luxury Retail No.1, which has three stores in Melbourne and two in Sydney, went into receivership in early August, due to concerns about the business’s viability. The move was pushed by London-listed Mulberry Group, which has committed funding for the fashion group, including ensuring employees are paid, customer orders are honoured and its five shops remain open. According to a report filed to ASIC, approximately 170 staff at Luxury Retail No.1 are owed $575,851 in entitlements as of September. The report by McGrathNicol partner Barry Kogan shows that $415,695 in superannuation payments are owed. Six employees are owed at least $10,000 in super, with one staff member owed $32,341 in super and $17,956 in annual leave payments. Camera Icon The brand had five stores in Australia, including at Sydney’s Queen Victoria Building, Melbourne’s Emporium and Chadstone shopping centres and two DFO stores. Credit: Supplied It’s not just employees who are owed by the group according to the report, with Luxury Retail No.1 in debt to creditors by more than $19.7 million. A significant portion of the money owed is to Mulberry, with debts of more than $4.1 million to the company‘s Australian branch and $1.4 million to the U.K. branch. The largest portion of the money owed is to a related company called Luxury Retail Treasury, with an eye-watering debt of more than $8.4 million. Luxury Retail Treasury was linked to the collapsed company Sneakerboy, which entered administration in early July. Though the move to appoint receivers to Luxury Retail No.1 is separate from efforts to save Sneakerboy, it is under the same ownership of the failed group. Camera Icon Mr Mair’s LinkedIn Account lists him as a managing director of Luxury Retail Group. Credit: Supplied Camera Icon Theo Poulakis is listed as a director of Luxury Retail Group and Mulberry. Credit: News Limited Entities related to directors Nelson Mair and Theo Poulakis own Luxury Retail No.1, with the pair also owning and directing Sneakerboy and Luxury Retail Group through corporate vehicles. Sneakerboy and Luxury Retail Group’s ownership was split between companies owned by Mr Poulakis and Mr Mair, similar to how the pair directed Luxury Retail No.1. NCA NewsWire has gone to Luxury Retail No 1 for comment. Source link Originally published at Melbourne News Vine

[fi-sneakerboy]

[onlyexplorer]

Sneakerboy goes into voluntary administration

Sneakerboy goes into voluntary administration

A luxury shoe retailer has gone into administration after years of controversy and multiple angry customers. Luxury shoe retailer Sneakerboy has gone into voluntary administration following a wave of controversy. The company, which sells shoes like Balenciaga and Canada Goose for well over $1,000, has faced scandals and multiple liquidation orders in recent years. The move was confirmed in a…

[rekhel]

[kickbulk]

Nike Dunk Low Pro SB 'Stussy Cherry' 304292-671 Kickbulk sneaker

[mistcity]