International sporting goods and textiles companies can benefit from reduced non-compliance issues with this month’s launch of the WFSGI Compliance Labelling Requirements Database. The online tool provides up-to-date global compliance intelligence on labelling requirements. WFSGI adds that this can help companies to avoid potential costly re-work, stop ships and product recalls, which ultimately result in lost revenue and brand damage.
The CLR Database is the result of a collective effort among sporting goods companies, and was 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.”
He continued, “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.”
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.”
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).
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.
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 reporting.
The World Federation of the Sporting Goods Industry (WFSGI) was founded in 1978 and is the world authoritative body for the sports industry officially recognized by the IOC as the industry representative within the Olympic Family. The WFSGI is an independent, non-profit and non-governmental association formed by sports brands, manufacturers, suppliers, retailers, national federations and other sporting goods industry related businesses.
The WFSGI plays a strategic role in the support and promotion of the sporting goods industry worldwide. The WFSGI promotes free and fair trade and provides platforms for the intergovernmental cooperation with regards to the international organizations interested or affected by sports. Its aim is also to expand the cooperation on the protection of intellectual property rights and improve human rights issues related to working conditions.
All this can be done through contacts with International Organizations such as the ILO, WTO, WHO, UN but also through International Sports Federations (FIFA, IAAF, FIVB, etc.) and the IOC, via the exchange of information and clearing house on issues and topics developed by WFSGI’s various committees.