SunOpta pressured by shareholders after sluggish sales

Reuters – Canadian organic food company SunOpta Inc, already under pressure from U.S. hedge fund Tourbillon Capital Partners LP, is being prodded by a second activist shareholder to explore the sale of all or part of the company, according to sources familiar with the matter. Canadian hedge fund West Face Capital, which pushed SNC-Lavalin to sell […] Read more


(CBrands.com)

Constellation seeks $1B valuation for Canadian wine unit

Reuters — Constellation Brands is seeking a valuation of about $1 billion for a possible initial public offering of its Canadian wine business this year, Bloomberg reported on Friday. The unit, which includes eight wineries and 160 retail locations across Ontario, is expected to list in Toronto as early as the fall, Bloomberg reported, citing […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

Scientists peel back carrot’s genetic secrets

Reuters — Scientists have gotten to the root of the carrot, genetically speaking. Researchers said Monday they have sequenced the genome of the carrot, an increasingly important root crop worldwide, identifying genes responsible for traits including the vegetable’s abundance of vitamin A, an important nutrient for vision. The genome may point to ways to improve […] Read more


Former Montreal Alouettes quarterback Vince Ferragamo and wife Jodi converted a horse corral to a vineyard on their property in California’s Orange County to start their winery in 2010. (FerragamoWinery.com)

Italy’s Ferragamo suing ex-Als QB over same-name winery

Reuters — Salvatore Ferragamo SpA, the Italian luxury goods maker, on Wednesday sued former Montreal Alouettes and Los Angeles Rams quarterback Vince Ferragamo, saying he infringed its trademarks by operating his namesake winery in southern California. Consumers are likely to be confused into thinking the Ferragamo Winery and Ferragamo SpA are related, the Italian company […] Read more






(Vinadeis.com)

World wine trade buoyed by rebound in China demand

Paris | Reuters –– Wine exporters toasted an upturn in Chinese wine consumption in 2015 after a two-year decline, as a growing taste there for reds helped global wine trade expand, the International Vine and Wine organization (OIV) said Monday. Chinese imports jumped 44 per cent to 5.5 million hectolitres, while overall consumption in the […] Read more

Canadian wines certified as organic in Canada can now be exported to the EU without another layer of certification. (Southbrook.com)

Wine, foreign content now covered in organic pact with EU

The deal that clears Canadian-certified organic food for sale as organic in the European Union is now expanded to cover Canadian-processed products with some imported ingredients — and to include organic wine. Canada’s Agriculture Minister Lawrence MacAulay and EU Agriculture Commissioner Phil Hogan on Thursday confirmed the expansion of scope for the EU-Canada Organic Equivalence […] Read more