International trade organisation, the World Federation of the Sporting Goods Industry (WFSGI), has teamed up with sports industry expo ISPO to ‘enable the greatest possible number of businesses to benefit from its shared global labelling database.’
“We are thrilled to announce our partnership with ISPO and to make our best-in-class labelling solution available to as many users as possible,” said Robbert De Kock, President & CEO of WFSGI.
“With this new partnership, we can help more companies deal with the ever-changing and challenging product labelling requirements. Why go it alone when we can save time and money together? We invite all interested brands, across all sectors, to contact us to get access to this unique tool and take advantage of economies of scale.”
Klaus Dittrich, Chairman & CEO at Messe München and responsible for the ISPO Group said, “As a long-term partner of the World Federation of the Sporting Goods Industry (WFSGI) we are very pleased to strengthen our relationships with this cooperation. The ISPO Group as the world’s largest sports network with a year-round communication platform can expand this service to manufacturers and brands worldwide.
“It is a great service for all brands reducing costs and risks on an international level. Thus, every subscriber will benefit from it.”
Officially launched last autumn, the WFSGI Compliant Labelling Requirements (CLR) Database has involved brands such as: ASICS, BMC Switzerland, Canyon Bicycles, Columbia Sportswear, HEAD Sport GmbH, IIC-INTERSPORT International Corporation, New Balance Athletics, Nike, Pentland Brands, Sport 2000 International GmbH, Under Armour, and VF Corporation.
WFSGI adds that collaborative effort has already convinced several partners such as the Sports and Fitness Industry Association (SFIA) which represents enterprises located in America, to offer the service to its members.
The system gives companies up-to-date information on global labelling requirements in ‘JUST 3 CLICKS’, helping them to avoid lost selling time and potential costly re-working, stop ships, product recalls, and ultimately revenue and brand damage.
Through the resource, companies have direct access to labelling requirements, for both products [(i.e. apparel and textile, footwear, consumer electronics (wearables), personal protective equipment, sporting equipment and bikes (including e-bikes)] and packaging, covering 49 different countries around the world.
The WFSGI CLR Database is powered by C2P, Compliance & Risks’ knowledge management platform.
“By bringing pioneering technology and content together in the WFSGI CLR Database, ISPO member companies and others will benefit from not just substantial cost savings, but also their teams become much more efficient and effective in their roles,” commented Jim Costello, Chairman and Chief Executive of Compliance & Risks.
“Non-compliance costs are often hidden in a company’s profit and loss accounts, purely because of the nature of the expenses such as lost key season selling time, wasted manhours searching for regulations, and re-labelling. The WFSGI CLR Database allows companies to proactively reduce these costs and move to a more innovative approach in how they do their work.”
www.wfsgi.org
www.messe-muenchen.de
www.complianceandrisks.com
