KarstadtQuelle - Patrice takes charge of Premium Group
18 Feb '06
2 min read
"We see very clear opportunities with this strategy. What is ultimately decisive is the location of the department stores. With Karstadt this is excellent", stated the board member, Prof. Helmut Merkel.
Patrice Wagner was born in the town of Tarbes in the south of France where he graduated from high school in 1986. Between 1986 and 1989 he studied International Commerce in Toulouse.
In 1990, he began work as a sales assistant at Breuninger, the southern German department store chain which he left as Managing Director in 1997. He moved to Berlin to manage the Galerie Lafayette department store on Friedrichstraße. Since 2002, he has been Managing Director of KaDeWe which he has rigorously developed to be the top European store.
Karstadt Warenhaus operates 90 department stores and 32 sporting goods stores in Germany, all of which are located in premium town centre locations. As announced, the properties are to be sold this year and leased back.