The unit had been valued at $20m and was sold by Sydney-based Andrew Koloadin who bought it from Hong Kong tycoon Tony Fung for $6.5 million in 2018. They soon combined their savings and began planning their first store in 2008. It was like a volcano, Tahnee says. Celebrities were taking notice. 'I thought at the time it was an audacious question to ask, but he (Simon) is so goal driven, he is always thinking of a thousand other things at the same time. The challenges were vast. Id never really started to think about what I wanted for myself, she says. It explains that if you do not provide us with information we have requested from you, we may not be able to provide you with the goods and services you require. I could just see fire everywhere. New customers only. Weekend Paper is for The Weekend Australian delivered on a Saturday. The event will kick off in Sydney on Thursday, 2nd March at 3 pm, followed by a second appearance in Melbourne on Sunday . You already have a current subscription with us. In an instant, $500,000 worth of product was gone. He loved the universality to the name. And all this from a company formed almost overnight following a chance meeting in a coffee shop between Simon and Tahnee in 2008. Setting up the market stall, which would evolve into retailer Culture Kings, was an act of defiance. As the flames grew, wiping out one security camera after another, Simon flicked to whichever view he had left. Id never come across someone so goal-driven, she says. I started to research how to get better at selling and learning and got better and better. At their Gold Coast home on January 8, 2017, an afternoon of calm waited for Simon and Tahnee Beard. Gipsy Kings founder Andre Reyes on the magic behind the hit 'Bamboleo' Ahead of his Dubai gig, the singer describes the Gipsy Kings' sound as music 'without borders' Gipsy King Andre Reyes will perform online for Dubai Opera.Getty Images Saeed Saeed Mar 05, 2019 Listen In English Listen in Arabic Beta V.1.0 - Powered by automated translation The Gold Coast couple recently sold a majority stake of the company to American-based online retailer a.k.a Brands after signing a life-changing financial agreement. Help using this website - Accessibility statement, he debuted on the Rich List with an estimated $626 million fortune. It may not have happened this way, Tahnee says, unless we were both in it together. , Already using Shopify? Some 20 minutes out from the warehouse, the smoke could be seen, jet black plumes spewing into the air. Monday to Friday 7:30am 6:00pm, Saturday & Sunday 7:00am 11:30am (AEST), App or digital edition only customer? Industry chief demands planned corporation tax hike from 19 to 25% in this Ukrainian soldier takes out five Russian tanks and three armoured vehicles in ONE DAY using US-supplied Ukraine 'hits major Russian air base in fresh strike' a day after kamikaze drone crashed down just 68 miles How did Russia lose HALF of its 45,000 elite paratroopers in just seven months? Culture Kings was them, and they were Culture Kings. On eBay, he was trading in expensive hats and sneakers, raking in the kind of money most teens do not. E-Commerce Fashion Lifestyle Shoes Headquarters Regions Asia-Pacific (APAC), Australasia Founded Date 2009 Founders Simon Beard Operating Status Active Company Type For Profit Contact Email marketing@culturekings.com.au Phone Number +617 3345 0511 Acacia Ridge: Firefighters working to contain an industrial fire. or debate this issue live on our message boards. "We could actually double-down on our strengths of our art and bringing that in-store experience that I believe we've mastered and pioneered into the online world," he says. It still feels awesome. Subscribe to get early access to drops, exclusive offers and promotions. She joined him to help sell products including Schoolie Slippers to school-leavers after losing her job with a car company during the global financial crisis. The Culture Kings phenomenon is about to launch its biggest play, taking on the American market. It was a goal I had at school; to never work a job, and be an entrepreneur, he says adding that he long harboured ambitions to one-day make the Rich List. When its the hardest is when I thrive. Features:The mansion boasts a number of attractive features, including a tennis court (pictured), gazebo and swimming pool. Not long after the final flame was extinguished, Simon looked at his wife, and Tahnee looked back. Personalised advertising: We show you more relevant advertising based on your activity. British Summer Time begins in March but do you wind your watch forward Sickening CCTV footage shows the moment two trains collided and burst into flames in horror smash Greek PM MPs demands the menopause is made a 'protected characteristic' like race or religion - but Equalities Commando, 28, 'told woman he met on dating app "I love it when you keep telling me to stop" as he raped and Charles felt he had to act as king rather than as a father: REBECCA ENGLISH reveals why Charles backed moves A royal princess at Eton? But its not the only property the young business identities own in the area. Please send us an email at plus@shopify.com or try again later. Ive never been more productive in my life than that period after the fire, Simon says. Whoa, Tahnee thought to herself. It's that strong online presence that attracted a.k.a. The businesswoman just sold her mansion in Ashmore, onQueensland's Gold Coast, for$4.95million, reports realestate.com.au. This option is only available where expressly indicated with the offer. Just then, Simon watched the blaze approach a new delivery of Air Jordan goods. The luxurious penthouse has five bedrooms, including a master suite with his and hers walk-in wardrobes and powder rooms, dining and sitting rooms, two lounges, a study, a kitchen, a butlers pantry, a cigar lounge and a bar. Subscription automatically renews at least 24 hours before the end of the current billing period. Any Questions? Paul Harris. To combat against resellers and price gouging, Culture Kings often restrict the purchasing of these products to one per customer and require the items to be physically worn when leaving the store. [15], Around 3pm on 8 January 2017, a fire broke out at the Culture Kings warehouse in Acacia Ridge, Queensland. Simon stood by her side, his black t-shirt pulled up to cover his mouth, a faraway look cast toward the crumbling warehouse. Palm Springs residents sue to remove 25-foot Marilyn Monroe statue depicting her iconic My Daily Horoscope: What does 2nd March hold for MY star sign? We all just had to sit there and watch it burn, she says. He was a big one for how it was structured right at the time because it can be such an emotional experience. Expensive:It's the highest sale price for a property in Ashmore, beating the previous record by $550,000. For years, Simon had been doing business with a boutique in Miami called Culture Kings. Couple find note in chimney that reveals their 290,000 house was 100 times cheaper 50 years ago. There was a connection there, though even Tahnee couldnt quite place what it was straight away. See www.theaustralian.com.au/subscriptionterms for full details. The devastation met them long before they could arrive. They were still trying to put it out when we got there, Simon says, but you could just know that theres no way anything would be left. Simon and Tahnee watched it all smolder, some $10 million going up in smoke right before their eyes. Believed to have started outside in the loading dock area, the fire tore through the 4,000 square meter warehouse, reducing it to rubble. I could just see smoke. It was a good job, especially for her life then. "Try your hand on the CK Holy Grail machine", "Culture Kings | The Number 1 Place For Streetwear", "Ben Simmons shuts down Culture Kings + Hosier Lane Mural", "Culture Kings owners list riverfront mansion", "Culture kings focuses on the art, not the science, of its ecommerce empire", "Markets to millionaire: Meet Simon Beard From Culture Kings", "Culture Kings Origins: From the Ashes, an Empire", "Gold Coast streetwear giant Culture Kings suspends online orders after fire destroys Brisbane warehouse", "Culture Kings online store closes after warehouse fire", article "Culture Kings" is from Wikipedia, https://en.everybodywiki.com/index.php?title=Culture_Kings&oldid=2207603, Pages with citations using unsupported parameters, Pacific Fair Shopping Centre, Hooker Blvd, Broadbeach, QLD 4218, 181 Elizabeth ST, Brisbane City, QLD, 4000, Shop B178, 1341 Dandenong Rd, Chadstone, VIC, 3148. Do not sell or share my personal information. Jonathan Yuska Appointed President of Culture Kings U.S. YouPay to launch with major brands after successful Culture Kings debut, E-Commerce Acquired Companies With More Than $1M in Revenue, Queensland Companies With Fewer Than 1000 Employees, Asia-Pacific (APAC) Companies With Less Than $10M in Revenue (Top 10K), E-Commerce Companies With More Than 100 Employees (Top 10K). Words: Glynis Traill-NashProducer:Bianca Farmakis The cult Australian streetwear brand making millions Image: Instagram | Culture Kings Dihuni is a digital store that offers a wide collection of clothing, sneakers and accessories of various brands for its customers. The Australian Digital + Weekend Paper Subscription 12 Month Plan costs $416 (min. He had decided early that he was never going to be a wage slave; he was going to work for himself. Follow the topics, people and companies that matter to you. Picture: Jerad Williams. Within two days, they had one secured, and when the first truck arrived to unload new stock, some 70 of Culture Kings staff were on hand to help with the first steps of this new tomorrow. They paid $30,000 to someone in the US who owned the name Culture Kings, a name Simon Beard really liked. Some like it, NOT! She was working at a car dealership, selling after-market products. "It has always been my vision to launch stores in the U.S., and there is no. Beard credits Tah-nee for turning his fledging operation into a proper business. Culture Kings offer sports-fashion apparel for men, women and children including large ranges of t-shirts, hoodies, headwear and footwear, and extensive collections of official NBA, NFL and NHL team merchandise. In 2013, long before he believed stars of this magnitude would know the brand, Bieber visited the Culture Kings store in Sydney. Top Culture Kings Employees Simon Beard CEO/Founder. When its ecommerce performance finally reached Culture Kings' standards, Beard noticed a funny thing happen. Each payment, once made, is non-refundable, subject to law. If you were a celebrity who was young, cool, and into streetwear, the stores became a rite of passage to visit, destination stops anytime you were in Australia. For years, Simon had been doing business with a boutique in Miami called Culture Kings. Prices after the first 12 months may be varied as per full Terms and Conditions. Tahnee chuckles now at the thoughtthat she almost didnt show to meet him in the first place. Culture Kings quickly carved out a global reputation for its streetwear, attracting famous. Founder (Consultant + Advisor) Common Rivals (LLC) Apr 2017 . Subscribe to get early access to drops, exclusive offers and promotions. Jordan goods 8, 2017, an afternoon of calm waited for Simon and Tahnee looked back,. And sneakers, raking in the first place digital edition only customer our message.. 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