By  on May 15, 2012

PARIS — Le Bon Marché is having a year to remember: 2012 marks not only the 160th anniversary of the Paris department store, but also the start of five years of renovations that will usher in the most significant changes in the store’s layout in more than two decades.

Overseeing both projects is Le Bon Marché Group chairman and chief executive officer Patrice Wagner, who succeeded Philippe de Beauvoir in October 2010 but has deliberately kept a low profile as he plots the revamp, which will increase the store’s size by 43,000 square feet.

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