Australia registered its new mandatory safety standard for toys containing magnets – Consumer Goods (Toys Containing Magnets) Safety Standard 2020 – on August 27, 2020.

This new instrument means toys containing magnets must conform to specific clauses within one of the following toy safety standards:

• AS/NZS ISO 8124.1:2019 ‘Safety of toys – Part 1: Safety aspects related to mechanical and physical properties’
• EN 71-1:2014+A1:2018 ‘Safety of toys – Part 1: Mechanical and physical properties’
• ISO 8124-1:2018 ‘Safety of Toys – Part 1: Safety aspects related to mechanical and physical properties’
• ASTM F963-17 ‘Standard consumer safety specification for toy safety’

Stakeholders should be aware the new instrument does not apply to bicycles, camping goods, electronic game units, fashion jewelry, home and public playground equipment, models powered by combustion or steam engines, sporting goods, and trampolines.

The new instrument came into effect on August 28, 2020. Manufacturers and suppliers of toys containing magnets have until August 28, 2021, to ensure their products comply with the requirements in the new legislation. Until this date, toys containing magnets may still comply with the current safety standard – Consumer Product Safety Standard for Children’s Toys Containing Magnets (Consumer Protection Notice No. 5 of 2010).

Children’s toys are regulated in Australia via multiple mandatory safety standards. These include:

• Consumer Protection Notice No. 14 of 2003, as amended by Consumer Protection No. 1 of 2005 ‘Toys for children up to and including 36 months of age’
• Consumer Protection Notice No. 1 of 2009 ‘Lead and certain elements’ (this standard includes finger paints)
• Consumer Protection Notice No. 5 of 2010 ‘Toys containing magnets’
• Consumer Goods (Aquatic Toys) Safety Standard 2020
• Consumer Goods (Projectile Toys) Safety Standard 2020

SGS Toy & Juvenile Product Services

SGS offers a wide range of services to ensure that products comply with relevant standards for toys and childcare articles and equipment. They provide consulting, training, product development, testing, audit, and inspection services to ensure that products comply with strict regulations worldwide, demonstrating the safety and quality of juvenile products being brought to the market.  Learn more about SGS’s Toy & Juvenile Product Services. 

SGS SafeGuardS keep you up to date with the latest news and developments in the consumer goods industry. Read the full Australia Issues New Mandatory Standard for Toys Containing Magnets SafeGuardS. 

Subscribe here to receive SGS SafeGuardS direct to your inbox.

For further information contact:

Hingwo Tsang

Global Information and Innovation Manager

Tel:(+852) 2774 7420

Sanda Stefanovic
Toys expert
Tel: +31882144617

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Website: www.sgs.com/hardlines

LinkedIn: sgs-consumer-goods-&-retail

About SGS

SGS is the world’s leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 89,000 employees, SGS operates a network of over 2,600 offices and laboratories around the world.​

SGS, the world's leading inspection, verification, testing and certification company, will hold a free webinar on September 29, 2020, to discuss how to enter one of the largest retail and e-commerce markets in the world.

As the market shifts from key opinion leader (KOL) to key opinion consumer (KOC) influence in China, consumer engagement is becoming increasingly important. In this webinar, industry experts will share a number of country insights including how live streaming and short videos can help brands to successfully position their consumer facing products.

Why join this webinar?

To support your journey in entering this market, we will help you better understand the customer journey and other key dynamics, including:

• Digital marketing
• Customs and importation
• Compliance, and
• Consumer engagement

Who should join the webinar?

This webinar is aimed at brands, retailers and suppliers in the consumer goods industry looking to enter the Chinese market.

How can you register to join?

Register here for this free webinar on September 29, 2020 – choose from two sessions.

For further information on this webinar, please contact:

Christy Chan

Director, Consumer and Retail Solutions

Tel: +845 6018 6387
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Website: www.sgs.com/cgnr

LinkedIn: sgs-consumer-goods-&-retail

About SGS

SGS is the world’s leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 89,000 employees, SGS operates a network of over 2,600 offices and laboratories around the world.

ENDS

For media inquiries, please contact:

Jackie Brown

PR Account Executive

Sugarloaf Marketing

T: +44 (0)1892 711240

M: +44 (0)779 297 0919

W: http://www.sugarloafmarketing.co.uk

Prestigious Parisian arts venue funded by San Francisco-based private financial group finds creative and lucrative solution to the COVID-19 crisis by reinventing itself through open-air, futuristic, socially distanced street food pop-ups.

San Francisco, California, USA., September 14, 2020 -- Manifesto Holding PLC (“Manifesto”), one of US Capital Global’s portfolio companies, is a UK-based parent company that owns a host of highly popular arts, music, and culture clubs in Paris, including Wanderlust, Beau Regard, and Joséphine, among others. Despite the COVID-19 crisis, which has forced many hospitality venues around the world to close their doors, Wanderlust, the famous Parisian nightclub boasting the largest terrace in Paris, has impressed investors and club fans alike by reinventing itself into an open-air, futuristic, socially distanced street food pop-up, complete with live DJing and celebrity chefs.

Situated in the 13th arrondissement with unobstructed views of the Seine, Wanderlust is accustomed to over 4000 guests each evening, and since the relaunch of its new incarnation as a street food pop-up, the numbers have remained high.

“From the very beginning of confinement, we understood that the club may have to remain closed for a large portion of the year, so we started creating a new format,” explained Manifesto CEO and founder of Wanderlust, Arnaud Frisch. “We’ve designed a system to ensure safe, socially-distanced dining through mandatory pre-booking, ordering and payment via our online menu, and a QR code directing customers to their seat. Utilizing technology has reduced queuing times, and our staff save time too. We’re looking to keep this system in place beyond the confinement and develop it in the future.”

Celebrity chef Alexia Duchêne, known for her role on season ten of Top Chef, is the well-loved face of Wanderlust Street Food. “Alexia was our first choice because she embodies the values we seek to promote through Wanderlust,” said Frisch. “We strive for a young, fresh approach, serving an enticing, sustainable menu with locally-sourced ingredients in solidarity with small French businesses.”

Waste-reduction is an essential part of Wanderlust Street Food’s model, and aside from using biodegradable dishware and cutlery, all surplus food is distributed through the Too Good To Go app.

“When we take on a portfolio company, we look at the management team and see if they have the creativity to adapt to changing social and economic challenges,” said Jeffrey Sweeney, Chairman and CEO at US Capital Global. “In 2019, US Capital Global anchored a term loan syndication for Manifesto from its own balance sheet. Manifesto’s leadership has demonstrated ingenuity and nimbleness, responding to unfavorable circumstances by generating new sustainable avenues for their venues, staff, and clientele. As a result, they continue to thrive and inspire others during this COVID-19 crisis.”

About Manifesto Holding PLC:
Manifesto Holding PLC is a UK-based parent company for the prestigious Paris nightclubs Wanderlust and Silencio, among others. Establishing revolutionary arts and culture spaces throughout the city, Manifesto’s various venues play host to a dynamic selection of cutting-edge music, arts, film, and fashion events. Working closely with London’s V&A, Cannes, Art Basel, and the Venice Biennale, Manifesto continues to impress with its progressive artistic vision, attracting a community of celebrated artists and thinkers, and promoting the appreciation of culture and cultural diversity.

About US Capital Global:
Established in 1998, US Capital Global leverages the latest FinTech and RegTech innovation to provide sophisticated debt, equity, and investment products to lower middle market companies and investors. The US Capital Global group manages direct investment funds and provides wealth management and capital raise services through its registered broker-dealer affiliate, US Capital Global Securities LLC, member FINRA/SIPC, which acts as a registered placement agent for companies, funds, and projects. www.uscapglobal.com

To learn more about US Capital Global, email Jeffrey Sweeney, Chairman and CEO, at This email address is being protected from spambots. You need JavaScript enabled to view it. or call +1 415-889-1010.

Contact:
Vanessa Guajardo
US Capital Global
555 Montgomery Street, Suite 1501
San Francisco, CA 94111
415-889-1010
This email address is being protected from spambots. You need JavaScript enabled to view it.
https://www.uscapglobal.com

Seeks $20 million from private investors for innovative “Uberized” approach to loans.

Denver, CO, Sep 14, 2020 -- Ripe Now, a strategic private lending FinTech company that uses a mobile technology and “Uberized” business model, is scheduled to virtually pitch to investors at the next Girl Get That Money Pitch (GGTM) Interview Series on September 17, 2020. The company is seeking $20 million in equity capital to expand its operations. Ripe Now originated from a partnership between Ripe Funding and Fin Sol Group and have deployed $250 million into the marketplace to date.

“Our success so far has been based on our technological innovations, coupled with the reality that the traditional banking system has failed in its most essential mission, which is lending,” said Philippa Burgess, CMO & COO of Ripe Now. “The reality is that lending simply has not caught up to technology. In the last decade, so many once complex transactions have been reduced to a push button interface, a phenomenon known as ‘Uberification.’ We’re taking this concept to the business of lending.”

The private lending category is growing rapidly, with many players offering consumers and small businesses the opportunity to borrow money outside of traditional banking channels. What sets Ripe Now apart from the pack is its technology platform, which enables it to enroll independent lending agents across the country. This shared economy model empowers the agent
to generate income from private lending.

The pitch will take place on a program offered by Girl Get That Money (GGTM), an online talk show series that matches investors with entrepreneurs. Khadijah Adams, the moderator of the show, is a longtime business empowerment coach, entrepreneur, and accredited investor who frequently mentors early stage businesses.

The show takes place at 11AM PDT on Thursday, September 17, 2020. To register, click here: https://www.khadijahadams.com/event-details/fintech-lending-a-marriage-made-in-technology

Ripe Now

Media Contact:
Khadijah Adams, LLC
2301 S. Stearman Dr
Chandler, AZ 85286
480-269-5811
This email address is being protected from spambots. You need JavaScript enabled to view it.
https://khadijahadams.com