Roberta Benaglia on Forte_Forte’s Expansion in South Korea

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MILAN — Chasing visibility and retail opportunities in South Korea has become the great equalizer in the business plans of both fashion powerhouses and smaller players.

And Italian advanced contemporary brand Forte_Forte is getting in on the K-fever, as it gears up to officially unveil its first store in the country on Sept. 20.

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Developed in partnership with LF Corp., which imports and distributes renowned foreign brands in South Korea and serves as the label’s exclusive distributor in the market, the 581-square-foot boutique is located on the third floor of the Galleria Luxury Hall department store in Seoul’s Gangnam-Gu district. The unit marks the second store in Asia after the opening in Tokyo’s Roppongi Hills last year, and Forte_Forte’s 11th store worldwide.

“This new opening marks a further step forward in the path undertaken toward expansion into the Korean market. We are proud to be able to collaborate with a partner like LF Corp, which owns a proper fashion sensitivity and knowledge of the sophisticated Korean customer that Forte_Forte was looking for,” said Roberta Benaglia, chief executive officer of investment fund Style Capital, which in April 2017 acquired a 51 percent stake in the fashion brand.

A preview of Forte_Forte’s first store in South Korea.

The distributor predicted the potential of the brand a decade ago, bringing part of the Forte_Forte collection to the market through premium select shop Raum, introducing the label to the local customer. LF Corp. decided to pursue Forte_Forte’s business after seeing the raise of domestic consumers’ awareness of overseas fashion and the potential of the brand, which progressively expanded its local wholesale presence to include the likes of Ecru and Fourm Studio.

Benaglia believes South Korea “is destined to become an important geography over the next three to five years” for the brand. If the market still has a limited impact on the label’s total wholesale sales, distribution at multibrand retailers has helped to build the base of the current retail strategy, which will see Forte_Forte and LF Corp. open other seven stores in the country in three years. A second opening is already in the pipeline, with a location to be shared soon.

“Forte_Forte’s Galleria store will be the first iconic space in Korea and an important starting point for domestic expansion,” said LF Corp.’s president Sangkyun Kim. “Rather than chasing popular trends, LF plans to continue to expand its overseas luxury brand portfolio by targeting overseas brand enthusiasts who value their own style and prefer authentic brands based on deep knowledge and insight into imported fashion.”