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.
Founder Katherine Homuth, who left the company earlier this year, said she has submitted a proposal to take back the firm.
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 ...
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