An online tool has launched that will provide worldwide information on labelling requirements for the sporting goods industry, as well as other sectors facing the same challenges.
Developed by the World Federation of the Sporting Goods Industry (WFSGI) in partnership with regulatory solutions provider Compliance & Risks, the WFSGI Compliance Labelling Requirements (CLR) database is designed to help companies avoid potential costly re-work, stop ships, product recalls, and ultimately revenue and brand damage.
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Due to launch in July, it allows users to search and report on up-to-date labelling requirement by country and provides alerts on new and proposed regulations and standards relevant to labelling, as well as information on changes to existing legislation.
Companies that have already signed up include Asics, Columbia Sportswear, New Balance Athletics, Nike, Pentland Brands, Under Armour and VF Corporation.
“We are all facing the same challenge of dealing with a blurry jungle of worldwide labelling information that demands considerable time, energy and cost for our industry. This unique online tool provided by Compliance & Risks, will substantially facilitate and revolutionise the daily business life for companies”, says Robbert de Kock, president and CEO of the WFSGI.
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By GlobalData
