Sneakerboy has received 36 expressions of interest, as administrators pursue a sale of business following its collapse.
The Sneakerboy Group Of Companies entered administration earlier this month, with Stephen Dixon of Hamilton Murphy Advisory appointed administrator.
In a meeting of creditors on July 13, administrators confirmed offers would be accepted until July 18 with a shortlist of applicants invited to lodge a binding offer by July 25.
It is understood Australian and international companies have expressed interest in the business.
The voluntary administration appointment was made due to short term financing difficulties.
According to administrators, the business had previously held discussions with parties which expressed an interest in the purchasing the business.
Sneakerboy, which has stores in Sydney and Melbourne, specialises in high-end footwear from brands such as Balenciaga and Golden Goose, as well as sought-after styles like Nike Jordan 1s.
Hamilton Murphy Advisory was appointed as voluntary administrator of five companies, including Sneakerboy Pty Ltd, two related companies under the Sneakerboy name, Luxury Retail Treasury Pty Ltd and parent company Luxury Retail Group Pty Ltd.