It didn't have the elastic waist.

The quality seems fair, but the color match is off significantly from the pictures shown. Bought the white (which came in as a light blue in the center) and the maroon (which had a VERY bright green pattern on it, instead of the subtle dark green shown in the picture. Just be aware that the colors do not match. This makes it difficult to match them up against other clothing items or bathing suits. I bought these for my girlfriend with a white and a black wrap to go with them, and there is no way to wear them together because the colors are so far off.