I sent a tracked item to a buyer, item was delivered and signed for, buyer claims not received

I sent a tracked parcel to a buyer, the item was delivered and signed for by someone using the buyers name (this is what the buyer claims) but she claims she has not received it. I have made all the attempts to locate the delivery address and am told it was the buyers address, have seen a signature (which in all honesty could be a drawing by a 4 year old). I have made a complaint to Royal Mail and am waiting to hear back from them.

The buyer is demanding a refund, claiming I can get my money back, but I can't because the post office deems the item deliverd and signed for.

Am I in the right or do I give her a refund, losing the payment for the trainers and the trainers themselves?

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Make sure you have entered the Tracking Number into ebay's sytem if you did not buy the postage on-line.

Then wait for her to open a case.