SRTX Inc., the Canadian company known for making resilient pantyhose called Sheertex, says it may put itself up for sale after initiating a strategic review of the business.
The troubled manufacturer has put nearly 100 employees on temporary leave, or about half of its remaining workforce, said Eva Hartling, an external spokesperson for the firm. Sophie Boulanger, who became chief executive officer less than two months ago, has departed.
“She made the personal decision to step down after helping guide SRTX through a period of transition and operational evolution following her appointment,” Hartling said by email.
Boulanger had succeeded founder Katherine Homuth, who announced her resignation in March as part of a $40 million funding deal that closed in May, and interim CEO Timothy Leyne

Fashion Network business
WGRZ-TV
The Daily Beast
Raw Story
Bozeman Daily Chronicle Sports
AlterNet
IFL Science
Cinema Blend
KSNB Local4 Central Nebraska