| Next year, we’ll expand the Clarins Group e-commerce international initiative by launching their site and
providing support in additional countries as well as bringing on additional brands from the Clarins Group family of brands. As we’ve said in prior conference calls, success in global markets is very important for our business long-term success.
And as such, it is these multi-country deals, such as Clarins that truly showcase how broad our global footprint is and how valuable our solutions can be for these global brands.
Next as an update, we recently launched an end-to-end e-commerce
solution for two major beverage brands under a master agreement with a major CPG company in the prepackaged food and beverage space. This engagement represents a significant revenue opportunity for us in 2012 with some contribution currently
anticipated in the fourth quarter of this year. Once this client permits, we will publicly announce this new agreement and the launch of the two end-to-end e-commerce solutions that we’ve just recently launched.
In September we also announced an agreement with Salomon, which
is part of that Amer Sports Group engagement that Mark referred to in his comments and they are a leader in winter sports equipment manufacturing. And while this isn’t yet a master agreement with Amer Sports Group, we do see potential for such
a relationship to emerge from this initial agreement with Salomon. Regarding the e-commerce program, Salomon chose us to support its e-commerce activity in France, Sweden and Poland initially. One of the reasons Salomon is working with us to support its e-commerce
initiative is due to our in-depth knowledge of the apparel and footwear industry, as well as the scalability of our services and our ability to localize that consumer experience to the needs of the European marketplace. We’ll be supporting
Salomon’s e-commerce activity with a custom logistics solution that’s run out of our facilities in the Liege, Belgium. This activity will include services such as inventory control, warehousing, order fulfillment, quality control, fraud
mitigation and returns management. We’ll also be able to provide high touch customer care including chat functionality, and e-mail support services in multiple languages.
The agreement with Salomon also demonstrates the opportunities we
see in Europe, as the manufacturer direct-to-consumer trend continues to gain popularity. We believe we are poised to benefit from this trend within Europe and will be able to meet the increase in demand for localized e-commerce footprints
throughout Western Europe and the UK. Looking ahead,
we have approximately 18 new client programs, eight of which are end-to-end programs set to launch over the next six to nine months. These programs are for companies that spend multiple industries as we continue to benefit from the emergence of
several large product categories that are contributing to accelerate growth in the web commerce space. As Mark mentioned earlier, these include fashion, health and beauty, consumer packaged goods or CPG and home and house wares.
When combined with the programs currently set to launch or just
launched and taking into account the organic growth that we’re experiencing from existing clients, I believe as Mark said that we can sustain a high growth rate moving into the future.
Now I’ll turn the call over to Tom for a review of our
financial results for the quarter. Tom?
Thomas J. Madden, EVP, Chief Financial & Accounting Officer
Thank you, Mike, and good morning everyone. While Mark and Mike
have both discussed some high-level financial data with you, let me spend a few minutes providing you further insight into our financial results for the September quarter reported earlier today. Total consolidated revenue for PFSweb in the quarter
ended September 30, 2011 increased 11.5% to $70.9 million compared to |