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SPORTS & TEXTILES COMPANIES TO BENEFIT FROM SHARED LABELLING REQUIREMENTS DATABASE
October 8, 2018 – Sporting goods and textiles companies are set to benefit from reduced non-compliance issues with today’s launch of the WFSGI Compliance Labelling Requirements (CLR) Database. This online tool provides up-to-date global compliance intelligence on labelling requirements ensuring companies avoid potential costly re-work, stop ships and product recalls, which ultimately results in lost revenue and brand damage.
The CLR Database is the result of a collective effort among sporting goods companies, and brought into existence through a partnership between Compliance & Risks and the World Federation of the Sporting Goods Industry (WFSGI).
Robbert de Kock, CEO and President WFSGI
“We are very pleased to launch the WFSGI Compliance Labelling Requirements (CLR) Database after a successful pilot period. This new WFSGI service will help companies to navigate through a blurry jungle of worldwide labelling information and avoid the expenditure of considerable time, energy and cost. We wish to express our special thanks to Compliance & Risks who developed this remarkable, innovative and promising content and online platform, which will substantially facilitate our member companies‘ daily business life”.
“We are also grateful to our sporting goods set-up companies who joined forces to make this project possible. We welcome other potential interested parties experiencing issues with product labelling, such as enterprises from the fashion sector, to join the project and benefit from significant economies of scale,”
said Robbert de Kock, President & CEO of the WFSGI.
Jim Costello, Chairman of Compliance & Risks
Commenting on the launch, Jim Costello, Chairman of Compliance & Risks said
“A huge amount of work has gone into getting the CLR Database launched and we are so excited about the benefits we’re bringing to companies with this innovative approach to managing requirements. Following a rigorous testing period with some of the most successful sporting goods companies in the world, we are confident that this solution will address their labelling requirement needs. We’re proud to partner with the WFSGI on this unique offering.”
CLR COVERS ALSO PRODUCT CATEGORIES SUCH A AS FOOTWEAR, PERSONAL PROTECTIVE EQUIPMENT, BIKES (INCLUDING E-BIKES) AND MORE
Companies already benefiting from the platform include Asics, BMC Switzerland, Canyon Bicycles, Columbia Sportswear, IIC-INTERSPORT International Corporation, New Balance Athletics, Nike, Pentland Brands, Under Armour and VF Corporation.
Powered by C2P, Compliance & Risks’ knowledge management platform, the CLR Database covers product categories such as apparel and textiles, footwear, consumer electronics (wearables), personal protective equipment, sporting equipment and bikes (including e-bikes)
Users can search and report on up-to-date requirements by country, as well as receiving alerts of future regulatory changes, free access to subject matter experts, and easy reporting.
Interested companies are invited to join the project and benefit from significant economies of scale. For more information visit https://www.complianceandrisks.com/wfsgi/.
SECURE YOUR ORDER FOR ACCESS TO THE CLR DATABASE NOW!
XENER & by ATEX is the Made in Italy excellence in the design and production of lithium battery packs, BMS, motor drivers, integrated with IoT technologies, for the e-mobility industry and off-grid devices.
Gominga provides a software solution that enables tool-based interaction with the customer: review management in one-stop shop and on various eBusiness platforms. WFSGI partnered with Gominga to support its members in managing online product reviews.
McKinsey & Company is a consulting firm advising on strategic management to corporations, governments, and other organizations. WFSGI partnered with McKinsey & Company to support its members in understanding their business environment and take the right business decisions. Among others, sports brands and retailers have been advised on how to cope with the “new normal” that is shaping as a result of the Covid-19 pandemic.
ISPO is the s the world’s largest trade fair for sporting goods and sportswear. WFSGI partnered with ISPO to enable its members to benefit from a couple of ISPO discounts (booths, entrance tickets).