Sporting goods and textiles companies will benefit from reduced non-compliance issues with the introduction of the WFSGI Compliance Labelling Requirements (CLR) Database. The online tool provides up-to-date global compliance intelligence on labelling requirements so that companies avoid potential costly re-work, stop ships and product recalls.
Re-work, stop ships and product recalls result in lost revenue and brand damage.Sporting goods and textiles companies will benefit from reduced non-compliance issues with the introduction of the WFSGI Compliance Labelling Requirements (CLR) Database. The online tool provides up-to-date global compliance intelligence on labelling requirements so that companies avoid potential costly re-work, stop ships and product recalls.#
The World Federation of the Sporting Goods Industry (WFSGI) is the world authoritative body for the sports industry, officially recognised by the International Olympic Committee (IOC) as the industry representative within the Olympic family.
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, said, “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 de Kock.
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.”
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. (SV)
Fibre2Fashion News Desk – India
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