Bermies Swim Trunks Shark Tank Update | What happened to Bermies Swim Trunks after the Shark Tank Pitch?

What is Bermies Swim Trunks?

Bermies is a men’s swimwear collection inspired by the vibrant and tropical hues of paradise. Bermies are made of 90% polyester and 10% lycra.

Because of the fabric, they are light, comfortable, quick-drying, and non-chaffing. Bermies are also fashionable.

There are two types of board shorts: The Classics, which are somewhat shorter than regular board shorts, and The Originals, which are slightly shorter than The Classics.

Both types are available in a broad range of colours and patterns, ranging from anchors to sea turtles.

He just created a woman’s bikini line with a Classic line for a “subtle yet sensual” look and a Cheeky line with “sass and style.” Men’s trunks are $49.99, while bikinis are $29.99.

Who is the Founder of Bermies Swim Trunks?

Bermies Swim Trunks was developed by Uki Deane, an Argentinian entrepreneur.

When Uki Deane was wearing over-the-top shorts, he came up with the idea for Bermies. He preferred the shorter European versions, which were beyond of his financial range.

He kept looking for his ideal swim trunks, certain that they were out there someplace.

And then they appeared in front of him one day. He was in his hometown of Buenos Aires for a pool party to catch up with pals, and several of the boys were dressed in rugby shorts.

Uki felt as though he’d hit gold! He immediately began researching what he needed to do in order to leverage the fundamental concept of rugby shorts to create beautiful, comfortable, and economical swim trunks.

Back in the first quarter of 2016, he launched his “lifestyle brand” with a successful Kickstarter campaign that raised $28,959 on a $10,000 goal.

What happened to Bermies Swim Trunks at the Shark Tank Pitch?

Uki appears on Shark Tank Season 9 Episode 24 in search of $200,000 for a 20% stake in his company. This equates to a $1 million valuation.

He’s only wearing a swimming suit while he narrates his narrative and makes his pitch.

When Robert inquires about the material, Uki reveals that most swimming suits are made entirely of polyester. Because polyester is an inexpensive material, it dries quickly and consumers get accustomed to it.

He put his entire life savings into the enterprise! When he offers the Sharks samples, they are astounded by the high quality. They cost $49 apiece and $9.80 to produce.

Daymond believes he should be at $6.50, and Uki believes he can get there through volume.

In his first year of operation, he made $271,000 in sales.

So far in 2017, sales had reached $300,000 as of September, and he anticipates a 20% rise.

Robert inquires about Bermies’ web presence. Approximately 80% of the company is sold to wholesalers. Only 20% of people shop online.

Inventory is his challenge. He’s now a one-man show, and he needs assistance to advance to the next round.

Mark believes he has to do more than 20% of his sales online. Uki agrees, but Mark claims he hasn’t arrived yet and is the first Shark to leave. Daymond claims to be all over the place; he’s gone.

Lori admires Uki’s enthusiasm and drive, but the difficulty is that Bermies is in a very congested area. She regrets her absence, but she believes Uki has great potential.

Robert believes Uki didn’t spend enough time discussing the financial side of things, therefore he’s leaving.

Bethanny likes Uki, but she believes the area will become too crowded in the end, thus she is the final Shark out of the agreement. Uki Deane exits Shark Tank without finding a buyer for Bermies.

Bermies Swim Trunks after the Shark Tank Pitch

Bermies are $49 for a pair, and swim trunks are available for men, women, and youngsters.

Not only are Bermies swim trunks accessible, but Uki has also begun producing a line of accessories, which are currently limited to caps.

Bermies are also available at Nordstrom Rack and Man Outfitters. They have also established an Amazon shop.

He currently has five staff and a $1 million annual income as of June 20, 2021.

Bermies Swim Trunks Net Worth

It’s estimated net worth of over $1 million.

Bermies Swim Trunks Competitors?

There is no competitor identified for Bermies Swim Trunks.

Bermies Swim Trunks FAQS?

What is Bermies Swim Trunks?

Bermies is a men’s swimwear collection inspired by the vibrant and tropical hues of paradise. Bermies are made of 90% polyester and 10% lycra.

Because of the fabric, they are light, comfortable, quick-drying, and non-chaffing. Bermies are also fashionable.

Who is the founder of Bermies Swim Trunks?

Bermies Swim Trunks was developed by Uki Deane, an Argentinian entrepreneur.

How much was she seeking in the Shark Tank?

He was seeking $200,000 for 20% of Bermies Swim Trunks.

Did he get deal from the Sharks?

He did not get a deal from the Sharks in the Shark Tank.

What material is Bermies Swim Trunks made of?

Their swim trunks are manufactured from some of the most comfortable, long-lasting, and quick-drying materials available in the swimwear industry.

Bermies are made of 90% polyester and 10% lycra/spandex. Its delicate yet sturdy construction makes it resistant to chlorine and salt water, as well as UV radiation.

When was Bermies Swim Trunks aired on Shark Tank?

They made their appearance on Shark Tank Son February 25th, 2018

How much does it cost?

Bermies Swim Trunks cost $49 apiece and $9.80 to produce.

Is shipping free? How long does delivery take?

Orders received before 1:00 p.m. EST will be packaged and dispatched the same day. Orders placed after 1:00 p.m. EST will be sent the next day.

What about Shipping to the United States?

Bermies pays ordinary shipping fees for purchases placed inside the United States. They employ DHL e-commerce which will reach at their door between 3 – 5 business days.

If consumers choose a speedier shipping option, they can pay an extra fee for Fedex 2 day shipping or Fedex 1 day shipping.

What about International Shipping?

Please keep in mind that Bermies does not pay shipping fees for foreign orders.

Orders are dispatched using FedEx International Priority which costs $40.00, takes between 3 – 5 business days and are subject to import duties/VAT of which Bermies is not liable for.

Can they buy Bermies at a retail store?

They’re working hard to get into a store near them! If they are interested in selling Bermies in their store please reach out to [email protected]bermies.com with some basic information about their business (location, kind of shop, tax information, contact information etc.) and they will be contacted by their wholesale team within 24hr.

What should they do to exchange their Bermies?

Send an exchange request using their contact page. Within 48 hours, a Bermies representative will contact them and walk them through the following stages.

Can they return their Bermies?

If customers are dissatisfied with their order, they have the following options:

Return the order for store credit in the amount paid for.

Return for a full refund minus $10 in shipping and restocking/handling fees per item.

They accept returns requests during the first 14 days after purchase. The item must be in its original condition to be eligible for an exchange.

They will not accept products that have been worn, used, damaged, or changed.

What sizes do they come in?

Smalls have a waist measurement of 28-30, Mediums have a waist measurement of 31-33, Larges have a waist measurement of 34-36, and XLs have a waist measurement of 37-39.

Their Classics’ inseam has been altered to fit them nicely. The S and M sizes have a 5′′ inseam, while the L and XL sizes have a 6′′ inseam.

The originals feature a 3.5′′ inseam for sizes S and M and a 4.5′′ inseam for sizes L and XL.

When do they release new swim trunks?

Follow them on Twitter, Instagram, and Facebook to be the first to know when a new trunk is available.

How should they wash their Bermies?

Bermies should be washed in cold water and tumble dried on low-medium heat.

Why haven’t they received a confirmation for their order?

There are three possibilities: they typed an incorrect email address, it went to their spam folder, or their order was not correctly placed. They can contact Bermies using the contact form.

Where do Bermies ship from?

Bermies ships from their Florida warehouse.

What is the net worth of Uki Deane?

Uki Deane’s net worth is unavailable.