PRODUCT QUALITY AND SAFETY
Product quality and safety are at the centre of Moncler s focus. For this reason, it implements strict controls along the entire value chain. All Moncler products are designed and manufactured under the Company s direct and close supervision. The Group manages the creative stage, the de- velopment of prototypes, and the purchase of raw materials internally, while it closely oversees the manufacture of final products at its production site in Romania or outsourced to external suppliers.
Quality and safety are priorities for the Group right from the phase of designing garments and purchasing raw materials. The quality of the down, nylon, fabrics, and other raw materials used to produce Moncler garments is crucial to guarantee the excellence of the final product. For this rea- son, Moncler selects its suppliers very carefully, and all ma- terials are subject both to strict testing before production and accurate assessments on their composition, check for chemicals, and test their physical and mechanical qualities so as to ensure the desired technical performance.
Moncler contractually requires all its production partners to perform in full compliance with the most stringent international regulations on chemical sub- stances and performance, including the European Union s REACH7 regulation, China s GB8 standards, and the Japa- nese JIS standards9.
Suppliers are also bound by contract to satisfy Mon- cler s Compliance Specifications, which contain the main compliance requirements for suppliers and their sub-con- tractors, including dyeworks, cleaners, and embroidery mills. The specifications are periodically updated, in light of international regulations and parameters and com- mitments adopted on a voluntary basis by Moncler. They contain two sections: the first, on chemicals, includes the Product Restricted Substances List (PRSL) and the Manu- facturing Restricted Substances List (MRSL), while the sec- ond consists of the Manual of Performances and concerns physical-mechanical performance standards.
7. Registration, Evaluation, Authorisation and Restriction of Chemicals. 8. National Standard of the People s Republic of China. 9. Japanese Industrial Standards.
For Moncler, quality has always been and will continue to be a priority. There can be no compromise in the pursuit of excellence: from the choice of the finest materials, through the precise manufacture of its garments, to the selection of the best suppliers trained and supported by specialized experts.
QUALITY AND SAFETY
155CONSOLIDATED NON FINANCIAL STATEMENT 2020154 THINK CIRCULAR