SHULL MAY JOIN BARNEYS
Byline: David Moin
NEW YORK — Thomas Shull, a former Macy’s executive vice president and point man on several retail bankruptcies, is negotiating to join Barneys New York.
He is expected to take over the duties of John Brincko, the former Barneys president who left the store in August. It could not be determined whether Shull will be given the same title.
Dickson Concepts, the Hong Kong-based retailer, has agreed to take over Barneys and pull it out of bankruptcy. Dickson will put in new management when a takeover deal is finalized, but until then, bank lenders and creditors have insisted that Barneys have management in addition to the Pressman family, to help steer the company through its bankruptcy, sources said. Gene and Robert Pressman are currently co-ceos.
Shull was executive vice president at R.H. Macy during its bankruptcy, leading its reorganization efforts until August 1994. Federated Department Stores acquired the chain.