SOURCES: World Federation of the Sporting Goods Industry (WFSGI) and Sports & Fitness Industry Association (SFIA)
OSTERMUNDIGEN/BERN (July 9, 2018) – The World Federation of the Sporting Goods Industry (WFSGI) is partnering with the Sports & Fitness Industry Association (SFIA) for the promotion of its launch WFSGI Compliance Labeling Requirements (CLR) Database which will be operational this month. The WFSGI CLR Database has been created pre-financed by the WFSGI members and created in cooperation with Compliance & Risks, who is also responsible for managing the system and providing subject matter expertise. This online database provides subscribers with global information on product labeling requirements for the sports and fitness industry, as well as many other sectors. The labeling requirements will be provided for six different product categories, including apparel and textile, footwear, consumer electronics (wearables), personal protective equipment, sporting equipment and bicycles.
“This is a terrific new service to our industry and we’re very excited to partner with WFSGI and Compliance and Risks,” said Tom Cove, SFIA CEO and President. “This global database will create efficiencies and reduce headaches for any company that markets and distributes product around the world. It’s an easy access, comprehensive, one-stop shop for companies and their teams to keep up with the most recent, or the most obscure, labeling requirements, and everything in between.”
Commenting on the announcement, Robbert de Kock, WFSGI President/CEO said, “We are delighted to officially launch the WFSGI CLR database in July and are particularly pleased to count SFIA as our key Ambassador in America for the promotion of this unique and revolutionary initiative which constitutes a big step forward in improving industries’ everyday business life.”
Through this unique resource, companies will have access to labeling requirements, for both products and packaging, of 49 different countries around the world. The user-friendly platform allows subscribers to instantly create and download individualized, customized reports, based on their specific needs. In addition, subscribers will be notified, via email alerts, whenever a new regulation is pending, passed or upcoming, to ensure companies are always aware of, and prepared for, any regulation change that would require action on their behalf.
The idea and funding for this project is the result of a collaborative effort among sports and fitness companies, working to mitigate the many issues caused by different product labeling requirements around the world. Interest has quickly caught on throughout the industry. Asics, Columbia Sportswear, New Balance Athletics, Nike, Pentland Brands, Under Armour, VF Corporation and others have already committed to the database, confirming the value of this resource to any company selling globally.
To provide more information about the CLR Database and its capabilities, SFIA is providing a demonstration video, created by WFSGI, which can be found on the homepage of www.sfia.org.
About the Sports & Fitness Industry Association - SFIA
The Sports & Fitness Industry Association (SFIA), the #1 source for sport and fitness research, is the leading global trade association of manufacturers, retailers, and marketers in the sports products and fitness industry. SFIA seeks to promote sports and fitness participation, as well as industry vitality through research, thought leadership, public affairs, industry affairs and member services. For more information, please visit www.sfia.org.
About the World Federation of the Sporting Goods Industry - WFSGI
The WFSGI is the world authoritative body for the sports industry officially recognized by the International Olympic Committee (IOC) as the industry representative within the Olympic Family. The WFSGI is an independent association with no objective of economic character for its own gain and formed by sports and sports-inspired leisure brands, manufacturers, suppliers, retailers, national/regional federations, industry and trade associations and all sporting goods industry related businesses. Our purpose is to represent and inspire the industry, to invest in innovation, promote physical activity, support free trade and do business in an ethical and sustainable way. As part of our mission we facilitate legally permissible communication and cooperation to enhance competitiveness and innovation. We seek to positively influence the way our products are manufactured, with a focus on people involved in the manufacturing and the environment. Our members are steering the direction of the industry. The future of the sporting goods industry begins with the professional networks that we support. For more information, please visit www.wfsgi.org
About Compliance & Risks
Founded in 2002, Irish-owned Compliance & Risks helps manufacturers, retailers and their supply chain partners monitor and manage requirements, regulations and standards for a cleaner, safer and better world. It creates business advantage for clients by providing reliable legislative information, insights and actions through C2P, its knowledge management platform, consulting, market access, managed services and other solutions. The company is recognized as the end to end global regulatory solutions provider across the technology, consumer goods and retail, industrial goods and life sciences sectors. Headquartered in Cork, they also have offices in Brussels, California, London and New York. For more information, please visit www.complianceandrisks.com