Speedo originated in 1914 under the brand name 'Fortitude', which was taken from the motto on the clan MacRae crest. It didn't become known by its now famous brand name until 1928.
The company was started by a young Scot called Alexander MacRae, who migrated to Australia in 1910, and set up an underwear manufacture business called MacRae Hosiery manufacturers.
In response to the growing beach culture in Australia, MacRae quickly expanded his operations to include swimwear and changed the company name to MacRae Knitting Mills. |
