However, it is anticipated that it will appoint a provisional liquidator to the Irish operations next week.
Geoff Rowley and Alastair Massey of FRP Advisory’s restructuring practice were appointed as joint administrators on 9 April.
The company said it has entered administration to protect Debenhams in the UK from the threat of legal action that could push the business into liquidation, while its 142 UK stores remain closed in line with the government’s current advice regarding the Covid-19 pandemic.
It said the administrators will adopt a “light touch” while the stores remain closed, working with the existing management team to get the business into a position to re-open and trade as many stores as possible again when restrictions are lifted. Meanwhile, Debenhams continues to trade online across the UK, Ireland and Denmark, in line with government guidelines, while the lockdown continues. Customer orders, gift cards and returns are being accepted