Bermies is the swimsuit line that appears on Shark Tank Season 9. The company launched their Kickstarter campaign in February of 2016 and began shipping their Bermuda swim shorts in April of 2016. They received $3,500 in pledges in their first twenty-four hours.
Bermies Kickstarter campaign raised $28,959 with 583 backers.
Bermies is in Nordstrom stores, and now features swimwear for both men and women. The company represents itself as a lifestyle brand.
Bermies pays attention to up and coming trends. But, they also pay attention to the needs of all customers and provide swim shorts for all lifestyles. Their style pays tribute to the Bermuda islands.
Will the Shark Tank investors bite on this fashion item? Will Daymond John make a play on this swimwear?
Questions the Sharks will ask are, what is your cost to manufacture? What is the wholesale price, and what is the retail price? What are your sales, and what are you forecasting for sales?
Of course, they will look at the valuation that Bermies places on the company. Will they be within reason, and why do they need money from the sharks? Maybe they don't need money and are looking for a strategic partner.
Entrepreneur: Uki Deane
Ask: $k for % equity
Companies in this episode: Lace Your Face, Palmini(O.A. Foods), Thrive+
Season: Season 9 Episode 824
Sharks: Robert Herjavec, Bethany Frankel, Mark Cuban, Lori Greiner, Daymond John
First Aired: 02/25/2018
Bermies has great looking swim shorts, and they have a nice story. Having their line in Nordstroms is a strong testament as well, but are the Sharks can help the company with the needs?
What do the Shark Tank Investors say about Bermies