Bermies Swim Trunks Shark Tank Update | What happened to Bermies Swim Trunks after the Shark Tank Pitch?
What is Bermies Swim Trunks? Who is the Founder of Bermies Swim Trunks?
Bermies Swim Trunks is a collection of men’s swimwear that features vibrant, tropical-inspired colors and patterns.
The trunks are made of 90% polyester and 10% lycra, making them lightweight, comfortable, quick-drying, and non-chaffing.
The collection includes two types of board shorts: The Classics and The Originals, and both are available in a variety of colors and patterns.
The company also recently launched a women’s bikini line. The founder of Bermies Swim Trunks is Uki Deane, an Argentinian entrepreneur who came up with the idea while in search of the perfect, shorter swim trunks that were within his financial range. He launched the brand with a successful Kickstarter campaign in 2016.
What happened to Bermies Swim Trunks at the Shark Tank Pitch?
On Shark Tank season 9 episode 24, Uki Deane, the founder of Bermies Swim Trunks, appears on the show seeking $200,000 in exchange for a 20% stake in his company, which values his company at $1 million.
He presents his pitch while wearing a swimsuit and explains that most swimsuits are made entirely of polyester, which is an inexpensive material that dries quickly and is popular among consumers.
He invested his entire life savings into the company and offers the Sharks samples of the high-quality swimsuits, which cost $49 each and $9.80 to produce.
The Sharks are impressed by the quality but have concerns about the company’s online presence, which is only 20%, and the competition in the market. Ultimately, none of the Sharks decide to invest and Uki exits the tank without finding a buyer for his company.
Bermies Swim Trunks after the Shark Tank Pitch
After appearing on Shark Tank, Bermies Swim Trunks continue to offer high-quality swimwear at an affordable price, with trunks available for men, women, and children at $49 per pair.
In addition to swimwear, the company also offers a line of accessories, including caps. The trunks are also available at retailers such as Nordstrom Rack and Man Outfitters, as well as through an Amazon shop.
As of June 20, 2021, the company has a team of five and an annual revenue of $1 million.
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 firstname.lastname@example.org 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.