The first wave of closures under the CVA plan will see nearly two dozen stores closed early in 2020, Sky News understands.
The launch of the next phase of the chain's restructuring comes days after it announced that chief executive Sergio Bucher would step down.
Debenhams' new owners - a group of banks and hedge funds - have appointed Stefaan Vansteenkiste, a managing director at the professional services firm Alvarez & Marsal, as its chief restructuring officer. Lazard, the investment bank which advised Debenhams' board in the period before it called in administrators, is expected to advise on a sale process in the near term.
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