STOCK TITAN

BrilliA acquires majority stake in lingerie brand Neubodi

Neubodi operates 11 stores, and its management targets approximately US$3 million in 2026 net sales.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
6-K

Rhea-AI Filing Summary

BrilliA Inc (BRIA) says it acquired a majority equity interest in Neubodi Holdings Sdn. Bhd., effective August 1, 2026. Neubodi is a Malaysian lingerie brand and specialty retailer; the transaction broadens BrilliA beyond its B2B supply and design operations into branded consumer retail in Southeast Asia. Neubodi operates 11 stores across the Klang Valley, Penang and Johor, alongside e-commerce and social media channels.

Based on Neubodi management’s budget for the financial year ending December 31, 2026, the business targets net sales of approximately US$3 million and an expected net profit margin of approximately 10% to 12%; these are management expectations, not guarantees. The release cites market research valuing Malaysia’s lingerie market at approximately US$287 million in 2025 and projecting over US$500 million by 2034, with a compound annual growth rate of approximately 6.3% from 2026 to 2034. Tan See See will continue as Neubodi’s chief executive officer, and Ooi Kit Joyce will remain on its senior management team.

Filing Explained

BrilliA reports acquiring a majority interest in Neubodi and describes exercise and completion of an option to acquire the remaining equity as possible future events, so full ownership is not reported as complete.

Neubodi retail stores 11 stores Across the Klang Valley, Penang and Johor
Bra sizes 72 bra sizes Cup sizes A to I and band sizes 65 to 100
Target net sales approximately US$3 million Neubodi management budget for the financial year ending December 31, 2026
Expected net profit margin approximately 10% to 12% Neubodi management budget for the financial year ending December 31, 2026
Malaysia lingerie market value approximately US$287 million 2025 market research estimate cited in the release
Projected Malaysia lingerie market value over US$500 million Projected by 2034, according to market research cited in the release
Compound annual growth rate approximately 6.3% Malaysia lingerie market projection from 2026 to 2034
net profit margin financial
"expected net profit margin of approximately 10% to 12%"
The net profit margin is the percentage of a company’s sales that remains as profit after paying all costs, interest and taxes — in other words, how much of each dollar of revenue the company keeps. For investors it’s a quick way to judge how efficiently a business turns sales into real profit, compare profitability across companies or industries, and spot trends in pricing power, cost control and potential returns to shareholders.
compound annual growth rate (CAGR) financial
"representing a compound annual growth rate (CAGR) of approximately 6.3%"
Compound annual growth rate (CAGR) shows how much an investment grows, on average, each year over a certain period. It’s like measuring how fast a plant grows each year, smoothing out the ups and downs to see the overall growth trend. Investors use CAGR to compare different investments and see which one has the best long-term performance.
B2B technical
"existing B2B supply and design operations"
Business-to-business (B2B) describes companies that sell products or services to other businesses rather than to individual consumers. For investors, B2B models often mean larger, repeatable contracts and revenue tied to corporate budgets, which can produce steadier, more predictable cash flow; think of a parts supplier selling regular batches to a factory rather than a shop selling single items to walk-in customers, so customer concentration and contract length matter.
holistic bra fitting approach technical
"proprietary holistic bra fitting approach"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did BRIA acquire?

BrilliA acquired a majority equity interest in Neubodi Holdings Sdn. Bhd., a Malaysian lingerie brand and specialty retailer, effective August 1, 2026.

What are Neubodi’s 2026 financial targets?

Neubodi management’s budget targets approximately US$3 million in net sales and an expected net profit margin of approximately 10% to 12% for the financial year ending December 31, 2026. The targets are management expectations, not guarantees.

How many bra sizes does Neubodi offer?

Neubodi offers 72 bra sizes, spanning cup sizes A to I and band sizes 65 to 100.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

 

  

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of October 2026

 

Commission File Number: 001-42410

 

BrilliA Inc

220 Orchard Road
Unit 05-01, Midpoint Orchard
Singapore 238852
Tel: +65 6235 3388

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒       Form 40-F ☐

 

 

 

 

EXHIBIT INDEX

 

The following exhibits are furnished as part of this Current Report on Form 6-K:

 

Exhibit No.   Description
99.1   Press Release

 

1

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  BrilliA Inc
     
Date: October 7, 2026 By: /s/ Kendrew Hartanto
  Name: Kendrew Hartanto
  Title: Chief Executive Officer

 

2

 

Exhibit 99.1

 

 

BrilliA Expands into Southeast Asian Specialty Retail with Acquisition of Majority Interest in Malaysian Lingerie Brand Neubodi

 

Acquisition establishes a branded B2C retail platform and advances BrilliA’s strategy to build a multi-brand intimate apparel portfolio

 

SINGAPORE, October 5, 2026 -- BrilliA Incorporated (NYSE American: BRIA) (“BrilliA” or the “Company”), a one-stop service and solution provider for ladies’ intimate apparel brands worldwide, today announced that it has acquired a majority equity interest in Neubodi Holdings Sdn. Bhd. (“Neubodi”), an established Malaysian lingerie brand and specialty retailer, effective August 1, 2026. The acquisition marks BrilliA’s strategic expansion into branded specialty retail in Southeast Asia and broadens the Company’s business beyond its existing B2B supply and design operations.

 

Founded in 2008, Neubodi is known for its proprietary holistic bra fitting approach and broad size range of 72 bra sizes, spanning cup sizes A to I and band sizes 65 to 100. The company operates 11 retail stores across the Klang Valley, Penang and Johor, including locations in major retail destinations such as Mid Valley Megamall, 1 Utama, Sunway Pyramid, and IOI City Mall, alongside e-commerce and social media channels.

 

Through its combination of specialist fitting expertise, physical retail locations and digital consumer engagement, Neubodi provides BrilliA with an established platform for serving end consumers directly and developing its branded retail capabilities.

 

Tan See See, co-founder of Neubodi with more than 15 years of experience in the intimate apparel industry, will continue to serve as Chief Executive Officer of Neubodi. Ooi Kit Joyce will also continue as part of the senior management team.

 

Strategic Rationale

 

“Neubodi represents an important milestone in BrilliA’s evolution from a B2B intimate apparel supply and design provider into a more diversified business with a growing presence in branded consumer retail,” said Kendrew Hartanto, Chief Executive Officer of BrilliA. “Neubodi has built a differentiated position in the Malaysian lingerie market through its specialist fitting expertise, established retail network and direct relationships with consumers. We believe these capabilities provide a strong foundation for BrilliA to expand its branded retail platform in Southeast Asia.”

 

“By combining Neubodi’s retail and consumer capabilities with BrilliA’s global sourcing, design and supply chain expertise, we see opportunities to support the brand’s continued growth, improve operating leverage and develop additional distribution opportunities for our intimate apparel portfolio. We are excited to welcome the Neubodi team to BrilliA and look forward to building on the brand’s strong foundation.”

 

 

 

 

The Company expects the acquisition to complement its existing operations and support the development of a broader intimate apparel platform. The acquisition advances BrilliA’s strategy in several areas:

 

●Expansion into branded B2C retail: establishes a direct consumer-facing platform and expands BrilliA’s presence beyond its traditional B2B supply and design model.

 

●Specialty retail capabilities: adds an established retail operating platform, including physical stores, e-commerce and social-commerce channels.

 

●Potential value chain benefits: creates opportunities to leverage BrilliA’s existing sourcing, design and supply chain capabilities.

 

●Portfolio distribution opportunities: provides an additional potential channel for BrilliA’s intimate apparel portfolio, including DIANA, through Neubodi’s retail network.

 

Neubodi Financial Outlook

 

Based on Neubodi management’s budget for the financial year ending December 31, 2026, Neubodi is targeting net sales of approximately US$3 million, with an expected net profit margin of approximately 10% to 12%. The timing and extent of any financial or operational benefits will depend on market conditions, execution and the Company’s ability to integrate and grow the business. These targets represent management expectations and are not guarantees of future results.

 

Market Opportunity

 

According to market research published by IMARC Group, the Malaysia lingerie market was valued at approximately US$287 million in 2025 and is projected to reach over US$500 million by 2034, representing a compound annual growth rate (CAGR) of approximately 6.3% from 2026 to 2034. This market outlook provides context for Neubodi’s existing specialty retail platform and BrilliA’s expansion into branded consumer retail in Malaysia.

 

About BrilliA

 

BrilliA is a comprehensive one-stop service and solution provider for over 30 ladies’ intimate apparel brands worldwide, managing sourcing, design, prototyping, supply chain, logistics, and quality control. The Company works with major international companies, including Fruit of the Loom, HanesBrands Inc., Jockey and H&M.

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of U.S. federal securities laws. These statements include, but are not limited to, statements regarding BrilliA’s business strategy, the anticipated benefits of the acquisition, integration of Neubodi, expansion of BrilliA’s branded retail platform, potential distribution opportunities, market opportunities, Neubodi’s expected financial performance and financial outlook, and the possible exercise and completion of the option to acquire the remaining equity interest in Neubodi. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including risks relating to the integration and operation of Neubodi, consumer demand, competition, market conditions, supply chain disruptions, execution of the Company’s growth strategy, and other factors described in the Company’s filings with the U.S. Securities and Exchange Commission (SEC). BrilliA undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as required by applicable law. BrilliA does not guarantee future results and undertakes no obligation to update these statements, except as required by law. Investors are encouraged to review BrilliA’s filings with the U.S. Securities and Exchange Commission (SEC) for additional risk factors.

 

Investor Contact

 

FNK IR

Matt Chesler, CFA

(+1) 646 809 2189

bria@fnkir.com

 

Source: BrilliA Incorporated

 

 

 

Filing Exhibits & Attachments

1 document

Keep reading