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84-550: Preston Center initially opened as a thriving suburban retail center anchored by the first suburban Neiman Marcus (closed in 1965) and Sanger Brothers (later Sanger-Harris ) department store - which was the largest suburban department store in the country at 242,000 square feet (22,000 m). The area has been a premier retail center in Dallas since its development in the 1950s, though the nearby NorthPark Center has provided significant competition. It has since evolved into one of

168-486: A Chicago postmaster to suggest the company switch to enclosing the catalogs in plain brown wrappers. Neiman's fantasy gifts in the Christmas Book have included a $ 20 million submarine , mummy cases that contained an actual mummy, seats from Ebbets Field , and a $ 1.5 million Cobalt Valkyrie-X plane; the most expensive item was a Boeing Business Jet for over $ 35 million. In 1961, Neiman-Marcus in Dallas

252-508: A class action racial discrimination lawsuit and promised to change the way it manages, promotes, and treats minority employees in the US. In 2003, protesters at Coca-Cola's annual meeting claimed that black people remained underrepresented in top management at the company, were paid less than white employees, and fired more often. In 2004, Luke Visconti, a co-founder of DiversityInc, which rates companies on their diversity efforts, said: "Because of

336-498: A "healthy tonic". Pemberton had been severely wounded in the American Civil War , and had become addicted to the pain medication morphine . At the time, cocaine was being promoted as a "cure" for opioid addiction, so he developed the beverage as a patent medicine in an effort to control his addiction. In 1889, the formula and brand were sold for $ 2,300 (roughly $ 71,000 in 2022) to Asa Griggs Candler , who incorporated

420-574: A 40% stake in Chi Ltd on January 30, 2016. The Coca-Cola Company acquired the remaining 60% stake in Chi Ltd on January 30, 2019. In 2017, the Coca-Cola Company acquired Mexican sparkling water brand Topo Chico . On August 31, 2018, it agreed to acquire Costa Coffee from Whitbread for £3.9bn. The acquisition closed on January 3, 2019. During August 2018, the Coca-Cola Company acquired Moxie for an undisclosed amount. On August 14, 2018,

504-776: A 9-story store, The Fashion, in Downtown Houston . Wolfman stayed on to run the store, which became branch of Neiman Marcus, the first store outside the Dallas/Fort Worth Metroplex . The freestanding store was later replaced with a new anchor store located in the Houston Galleria in 1970. In 1965 the Preston Center store was closed and a new store, more than twice as big, was opened at NorthPark Center. Another branch in Fort Worth

588-417: A can size. The magazine Forbes has labeled Coca-Cola as the world's most polluting brand. The company's global chief executive stated that "Coca-Cola has no plans to reduce its use of plastic bottles" and opposes bottle bill legislation, as consumers prefer the plastic bottles that "reseal and are lightweight". They also contribute to plastic waste producing up to three million tons of plastic packaging

672-589: A collection of Stanley Marcus's personal memorabilia, among many other items, is located in the Texas & Dallas History & Archives Division, 7th Floor, Main Library, Dallas Public Library, where it may be consulted by researchers. In August 2013, Women's Wear Daily reported Neiman Marcus Group was preparing for an initial public offering of its stock. In October 2013, the Neiman Marcus Group

756-909: A federal claim for falsely claiming that some of their products contained fake fur when tests by the Humane Society of the United States showed it was actually real fur from raccoon dogs . Neiman Marcus did not admit guilt, but promised to adhere to federal fur labeling laws (the Fur Act ) for the next twenty years. In 2014 Neiman Marcus acquired German luxury fashion e-commerce platform mytheresa.com and its flagship store Theresa from its founders Christoph and Susanne Botschen and venture capital firm Acton Capital Partners . The luxury fashion online store ships worldwide and offers designer clothing, shoes, bags and accessories for women. In 2019, Neiman Marcus creditor, Marble Ridge Capital, had

840-579: A history museum, with locations in Las Vegas, Nevada , and Lake Buena Vista, Florida . The Coca-Cola Company also produces a number of other soft drinks including Fanta (introduced circa 1941), Sprite and Lilt , which was discontinued after 50 years and renamed Fanta Pineapple & Grapefruit. Fanta's origins date back to World War II during a trade embargo against Germany on cola syrup, making it impossible to sell Coca-Cola in Germany. Max Keith ,

924-441: A hotel, and residential units. It is a prime example of an edge city . The development includes two 20-story office towers that opened during a construction boom of the late 1970s and early 1980s. As of 1989 many of the Preston Center buildings were partially vacant. During that year Terry Box of The Dallas Morning News said that the vacant buildings were perceived by residents of nearby Preston Hollow as "intrusive symbols of

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1008-463: A lawsuit against Neiman Marcus dismissed after the claim of inappropriate transfer of the company's MyTheresa assets was dismissed by a Texas judge due to lack of subject-matter jurisdiction . In March 2020, Neiman Marcus Group launched an app called NM Connect, which allows salespeople to communicate directly with customers via texts, email, phone and video calls. In June 2021, Neiman Marcus Group acquired Stylyze, an e-commerce platform, to expand

1092-647: A long-term strategic partnership that includes marketing and distribution alliance, and product line swap. In 2015, the company took a minority stake ownership in the cold pressed juice manufacturer, Suja Life LLC. In December 2016, it bought many of the former SABMiller 's Coca-Cola operations. The Coca-Cola Company owns a 68.3% stake in Coca-Cola Bottlers Africa. Coca-Cola Bottlers Africa's headquarters located in Port Elizabeth South Africa. The Coca-Cola Company acquired

1176-557: A publicly traded company. Its stock is listed on the New York Stock Exchange under the ticker symbol "KO". One share of stock purchased in 1919 for $ 40, with all dividends reinvested, would have been worth $ 9.8 million in 2012, a 10.7% annual increase adjusted for inflation. A predecessor bank of SunTrust received $ 100,000 for underwriting Coca-Cola's 1919 public offering; the bank sold that stock for over $ 2 billion in 2012. In 1987, Coca-Cola once again became one of

1260-754: A result of the refranchising and bottler consolidations, multi-national/large-scale bottlers and three U.S.-based bottlers now dominate the manufacturing and distribution of the company's products except the territories managed by BIG bottlers. Multi-national/large-scale bottlers Bottlers headquartered and operated in the U.S. Company-owned bottling operation is now managed under BIG, which covers operations in Bangladesh, Cambodia, India, Malaysia, Myanmar, Nepal, Oman, Philippines, Singapore, and Sri Lanka as well as eastern African operation by Coca-Cola Beverages Africa in Port Elizabeth, South Africa. In 2021,

1344-458: A roughly 60% controlling interest until 1999, when Neiman Marcus was fully spun off from its parent company . On May 2, 2005, Neiman Marcus Group was the subject of a leveraged buyout (LBO), selling itself to two private equity firms, Texas Pacific Group and Warburg Pincus . The "Neiman-Marcus Collection," comprising early account books, advertising and Christmas Catalog layouts, files on charity activities, past awards and presentations, and

1428-610: A stake in the company. Coca-Cola sold Columbia to Sony for $ 3 billion in 1989. In 1986, Coke sold off two assets, namely Presto Products and Winker-Flexible Products to an investment group led by E.O. Gaylord for $ 38 million. The company acquired the Indian cola brand Thums Up in 1993, and the American soda company Barq's in 1995. In 1999, Coca-Cola purchased 50% of the shares of Inca Kola for $ 200 million, subsequently taking control of overseas marketing and production for

1512-498: A year including over 110 billion plastic bottles. In 2018, Coca-Cola pledged to use 50% recycled materials in its packaging and to recycle the equivalent of 100% of its packaging by 2030. That same year, the company started to sell reusable bottles in Brazil, which customers could return to the point of sale for a discount of subsequent purchases. The initiative was expanded to several other South American countries by 2022. In 2019,

1596-522: Is a stub . You can help Misplaced Pages by expanding it . This article about a location in Dallas County, Texas is a stub . You can help Misplaced Pages by expanding it . Neiman Marcus Neiman Marcus is an American department store chain founded in 1907 in Dallas , Texas by Herbert Marcus , his sister Carrie Marcus Neiman , and her husband Abraham Lincoln Neiman . It has been owned by

1680-517: Is an alliteration. John Pemberton had taken a break and left Robinson to make, promote, and sell Coca-Cola on his own. Robinson promoted the drink with the limited budget that he had, and succeeded. American businessman Asa Griggs Candler purchased the Coca-Cola formula and brand, forming the Coca-Cola Company in Atlanta in 1892. By 1895, Coca-Cola was being sold nationwide. In 1919, the company

1764-546: Is listed on the New York Stock Exchange and is a component of the DJIA and the S&;P 500 and S&P 100 indexes. Coca-Cola was developed in 1886 by pharmacist John Stith Pemberton . At the time it was introduced, the product contained cocaine from coca leaves and caffeine from kola nuts which together acted as a stimulant . The coca and the kola are the source of the product name, and led to Coca-Cola's promotion as

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1848-495: Is the main source of energy for producing high fructose corn syrup. The environmental impact of corn production can be attributed to three primary effects of field emissions, irrigation and grain decay. Coca-Cola has also been under fire for depleting water sources through their high water usages. Local villagers have testified that Coca-Cola's entry in Kaladera Rajasthan intensified lower water sources. Documents from

1932-500: The Omnibus strand. Entitled Dallas – The Big Store and directed by Jana Boková , it aired on 24 February 1981. In 1983 Frederick Wiseman made a documentary called 'The Store' about the flagship store of Neiman Marcus. Dating back as early as the 1930s, rumors started to circulate about a woman and her daughter who were out to lunch at Neiman Marcus and for dessert shared a chocolate chip cookie that they loved so much they asked

2016-478: The Great Depression and following war years. Between 1942 and 1944, sales at Neiman Marcus grew from $ 6 million to $ 11 million. Despite a major fire in 1946, the store continued to profit. Herbert Marcus Sr. died in 1950, and Carrie Neiman died two years later, leaving Stanley Marcus in charge of the company's operations. The 1950s saw the addition of a $ 1.6 million store at 8300 Preston Road in

2100-497: The Neiman Marcus Group since 1987, and is a sister brand to luxury department store Bergdorf Goodman through this ownership. Herbert Marcus Sr., a former buyer with Dallas' Sanger Brothers department store, had left his previous job to found a new business with his sister Carrie Marcus Neiman and her husband, Abraham Lincoln Neiman , then employees of Sanger Brothers competitor A. Harris and Co. In 1907,

2184-553: The Preston Center ; the location been occupied by a Tootsies store since the 1990s. It was a 63,000-square-foot (5,900 m ) store "inspired by the art and culture of Southwestern Indians" and "colors ... copied from Indian weaving, pottery, and sand paintings". The themed decor included Kachina figures on colored-glass murals and an Alexander Calder mobile named "Mariposa," the Spanish word for butterfly. Art likewise

2268-534: The 1950s and 1960s, Gittings operated a portrait studio in Neiman Marcus. Clients included Hope Portocarrero , Lyndon Johnson , Howard Hughes , and the Shah of Iran , Mohammad Reza Pahlavi and his family. A late 1960s Christmas Book featured portraits of Wyatt Cooper , his wife Gloria Vanderbilt , and children Carter and Anderson Cooper . The company continued its extravagant marketing efforts (including

2352-421: The 1990s. In 1987 Bergdorf Goodman was acquired by the Neiman Marcus Group. In the 1980s, the hyphenated spelling of the company name ("Neiman-Marcus") was abandoned. Stanley Marcus died on January 22, 2002. He had served as president and chairman of the board for the company. Marcus had been the architect behind the fashion shows, New York advertising for a strictly regional chain, in-store art exhibits, and

2436-663: The 30 stocks which makes up the Dow Jones Industrial Average , which is commonly referenced as a proxy for stock market performance; it had previously been a Dow stock from 1932 to 1935. Coca-Cola has paid a dividend since 1920 and, as of 2019, had increased it each year for 57 years straight. The 10 largest shareholder of Coca-Cola in July 2024 were: The following are key management as of March 2023 (excluding VP positions and regional leaders): The following are all directors as of March 2023: In general,

2520-527: The Christmas catalog with its outlandish His-and-Hers gifts, including vicuña wool coats, a pair of airplanes, " Noah's Ark " (including pairs of animals), camels, and live tigers. Over the last 20 years, ownership of Neiman Marcus has passed through several hands. In June 1987, the company was spun off from its retail parent, Carter Hawley Hale Stores , and became a publicly listed company. General Cinema , later to become Harcourt General , still had

2604-528: The Coca-Cola Company and its subsidiaries only produce syrup concentrate, as well as sourcing beverage base including coffee beans, tea leaf, juices, etc., which is then sold to various bottlers throughout the world who hold a local Coca-Cola franchise . Coca-Cola bottlers, who hold territorially exclusive contracts with the company, produce the finished product in packages from the concentrate and beverage base, in combination with filtered water and sweeteners. The bottlers then sell, distribute, and merchandise

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2688-611: The Coca-Cola Company announced a minority interest in Body Armor. On September 19, 2018, the Coca-Cola Company acquired Organic & Raw Trading Co. Pty Ltd the manufacturer of MOJO Kombucha in Willunga, Australia. According to the Coca-Cola Company's 2005 annual report , it had sold beverage products in more than 200 countries that year. The 2005 report further states that of the approximately 50 billion beverage servings of all types consumed worldwide, daily, beverages bearing

2772-472: The Coca-Cola Company in Atlanta , Georgia in 1892. The company has operated a franchised distribution system since 1889. The company largely produces syrup concentrate, which is then sold to various bottlers throughout the world who hold exclusive territories. In July 1886, pharmacist John Stith Pemberton from Columbus, Georgia invented the original Coca-Cola drink, which was advertised as helpful in

2856-479: The Coca-Cola Company offers more than 500 brands in over 200 countries. In September 2020, the company announced that it would cut more than half of its brands, as a result of the economic effects caused by the COVID-19 pandemic . Coca-Cola bought Columbia Pictures in 1982, owing to the low monetary value of the studio. The film company was the first and only studio ever owned by Coca-Cola. During its ownership of

2940-675: The Coca-Cola Company's market share decreased to 21.8% due to new competitors. Coca-Cola acquired Minute Maid in 1960 for an undisclosed amount. In 1982, it acquired the movie studio Columbia Pictures for $ 692 million. Coca-Cola then launched a series of entertainment takeovers, namely Merv Griffin Enterprises and Embassy Communications in the mid-1980s, forming the Entertainment Business Sector, which would later merge with Tri-Star Pictures to start out Columbia Pictures Entertainment, with CPE holding

3024-503: The Coca-Cola Company.' Within two hours of the end of that meeting, every ticket to the dinner was sold. Throughout 2012, Coca-Cola contributed $ 1,700,500 to a $ 46 million political campaign known as "The Coalition Against The Costly Food Labeling Proposition, sponsored by Farmers and Food Producers". This organization was set up to oppose a citizen's initiative, known as Proposition 37, demanding mandatory labeling of foods containing genetically modified ingredients. In 2012, Coca-Cola

3108-667: The Coca-Cola product to retail stores , vending machines, restaurants, and food service distributors. Outside the United States, these bottlers also control the fountain business. Since the 1980s, the company has actively encouraged the consolidation of bottlers, with the company often owning a share of these "anchor bottlers." In January 2006, the company formed the Bottling Investments Group (BIG), by bringing company-owned bottling operations together to strategically invest in select bottling operations, temporarily taking them under Coca-Cola ownership, and utilizing

3192-559: The Moon — and had a card that read, "To Marilyn, from the Man in the Moon." In 2012, Neiman Marcus partnered with Target Corporation to create a holiday collection featuring 24 designers from the Council of Fashion Designers of America (CFDA). The 50-piece collection featured apparel, accessories and even some gifts for dogs. The department store was the subject of a BBC One documentary in

3276-663: The Specialty Retail stores division including Neiman Marcus Stores and Bergdorf Goodman. These retailers offer luxury apparel, accessories, jewelry, beauty and decorative home products. As of mid-2022 the company operates 36 Neiman Marcus stores in the United States and two Bergdorf Goodman stores in Manhattan . Neiman Marcus' largest market is the South Florida MSA , where they operate five stores. The company also operates five "Last Call" clearance centers and

3360-401: The United States, including Atlanta , Charlotte , Beverly Hills , Boston , Chicago , Las Vegas , Minneapolis , San Francisco and St. Louis . Neiman Marcus also had a letter of intent to open a 120,000 square foot store in downtown Cleveland in 1992 as part of an anchor for the upscale Tower City Center . However, the project did not come to fruition, instead opening its concept store in

3444-597: The average age falling by seven years from pre-pandemic levels, from the mid-40s to the high-30s. In July 2024, Neiman Marcus announced plans to merge with Saks Fifth Avenue in a reported $ 2.65 billion merger. According to the AIA Dallas, " Eero Saarinen committed to designing the store but died unexpectedly in 1961. Saarinen’s partners Kevin Roche and John Dinkeloo , designed it together with E.G. Hamilton of Harrell & Hamilton (now Omniplan ), who also designed

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3528-471: The brand. In 2001, it acquired the Odwalla brand of fruit juices, smoothies, and bars for $ 181 million. It announced Odwalla's discontinuation in 2020. In 2007, it acquired Fuze Beverage from founder Lance Collins and Castanea Partners for an estimated $ 250 million. The company's 2009 bid to buy Chinese juice maker Huiyuan Juice Group ended when China rejected its $ 2.4 billion bid, on

3612-560: The cases under Case No. 20-32519. According to the company's CEO, Geoffroy van Raemdonck, the filing was a direct result of the COVID-19 pandemic in the United States. The company's website, mytheresa.com, was not part of the bankruptcy. At the end of September 2020, Neiman Marcus exited Chapter 11 bankruptcy, and as of 2022 is owned by a consortium of investment firms ( Davidson Kempner Capital Management , Sixth Street Partners and Pacific Investment Management ). In July 2021, mytheresa

3696-468: The chairman and CEO of Coca-Cola, and Mayor Ivan Allen summoned key Atlanta business leaders to the Commerce Club's eighteenth-floor dining room, where Austin told them flatly, 'It is embarrassing for Coca-Cola to be located in a city that refuses to honor its Nobel Prize winner. We are an international business. The Coca-Cola Company does not need Atlanta. You all need to decide whether Atlanta needs

3780-550: The city is obligated to provide parking. As of 2019 several owners of Preston Center developments oppose redevelopment as it would interrupt their cash flow in the short term. Even though the redevelopment of the municipal-owned parking garage is now stalemate, Preston Center has continued to densify and grow as new development projects have been constructed in this very sought after area. 32°51′54″N 96°48′14″W  /  32.865°N 96.804°W  / 32.865; -96.804 This Dallas , Texas -related article

3864-507: The city's failure to control its growth" and "have come to exemplify much of what is wrong with North Dallas ." Around that time residents tried to pressure area politicians into making the development more low-rise and further removed from the Preston Hollow community. As of 2019 the families of many property owners had already owned the properties for some time. A municipal-owned parking garage serves Preston Center developments as

3948-587: The company announced its intention to list Coca-Cola Beverages Africa as a publicly traded company. However, in June 2022 it announced that it was delaying this plan, pending an evaluation of macroeconomic conditions. After Martin Luther King Jr. won the 1964 Nobel Peace Prize , plans for an interracial celebratory dinner in still- segregated Atlanta were not initially well supported by the city's business elite until Coca-Cola intervened. J. Paul Austin ,

4032-560: The company's Swedish branch marked the first to fully transition to recyclable bottles by 2020. Coca-Cola using high fructose corn syrup has a lower sustainability compared to producing sugary drinks with sugar cane. High fructose corn syrup is carbon intensive due to the substantial amounts of fossil fuels required to power heavy machinery. Turning corn into high fructose corn syrup is an energy intensive process requiring large amounts of carbon to be expended especially during corn growth. Burning fossil fuels releases CO 2 and CH 4 which

4116-438: The company's e-commerce capabilities. Users connect to Neiman Marcus Group using the proprietary app Connect. In April 2022, Farfetch Limited agreed to a $ 200 million minority investment in the Neiman Marcus Group, aiming to stimulate growth through the stores' use of Farfetch's "Platform Solutions" e-commerce marketplace. Since 1939, Neiman Marcus has issued an annual Christmas catalog, which gets much free publicity from

4200-639: The computer suggested a yacht . During the Apollo 8 mission in December 1968, Marilyn Lovell, wife of astronaut Jim Lovell , who was the Command Module Pilot, received, as a Christmas present, a mink coat that was delivered to her by a Neiman Marcus driver in a Rolls-Royce car . The coat was wrapped in royal blue wrapping paper with two Styrofoam balls — one for the Earth and the other for

4284-467: The corner of Main Street and Ervay Street. With the opening of the flagship Neiman Marcus Building , the store increased its product selection to include accessories, lingerie , and children's clothing, as well as expanding the women's apparel department. In its first year at the new building, Neiman Marcus recorded a profit of $ 40,000 on sales of $ 700,000, nearly twice the totals reached in its last year at

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4368-417: The course equated with being less "arrogant" and "oppressive." Coca-Cola advertising has "been among the most prolific in marketing history," with a notable and major impact on popular culture and society. The company in recent years has spent approximately an annual $ 4 billion globally to promote its drinks to the public; and spent approximately $ 4.24 billion on advertising in fiscal year 2019, most of which

4452-531: The government's water ministry reveal water levels remained stable from 1995 until 2000, when the Coca-Cola was first operational. Water levels then dropped by almost ten meters during the next five years. Other communities in India that are located around Coca-Cola's bottling plants are experiencing water shortages as well as environmental damage taking heavy tolls on harvests as well as drying up wells. In November 2000, Coca-Cola agreed to pay $ 192.5 million to settle

4536-616: The grounds the resulting company would be a virtual monopoly. Nationalism was also thought to be a reason for aborting the deal. In 2011, it acquired the remaining stake in Honest Tea , having bought a 40% stake in 2008 for $ 43 million. In 2013, it finalized its purchase of ZICO , a coconut water company. In August 2014, it acquired a 16.7% (currently 19.36% due to stock buy backs) stake in Monster Beverage for $ 2.15 billion with an option to increase it to 25%, as part of

4620-664: The head of Coca-Cola's German office during the war, decided to create a new product for the German market, made only from products available in Germany at the time, which they named Fanta. The drink proved to be a hit, and when Coke took over again after the war, it adopted the Fanta brand as well. Fanta was originally an orange-flavored soft drink that can come in plastic bottles or cans. It has become available in many different flavors now such as grape, peach, grapefruit, apple, pineapple, and strawberry. In 1961, Coca-Cola introduced Sprite,

4704-497: The launch of His and Her gifts in the famous Christmas Book) with the inauguration of Fortnight in 1957. The Fortnight was an annual presentation of fashions and culture from a particular country, held in late October and early November of each year, and was one of the most anticipated events in Dallas. It brought fashion, dignitaries, celebrities, exotic food and extravagant celebrations to the downtown store for 29 years. In 1955, Neiman Marcus acquired Ben Wolfman, Inc. which operated

4788-481: The leadership and resources of the company. Also, the company has accelerated refranchising both company-owned bottlers and independent bottling partners to consolidate their operations and move away from the capital-intensive and low-margin business of bottling, with maintaining minor share ownership of these consolidated bottlers and secure the right to nominate directors and/or executives through shareholders agreement and/or capital and business alliance agreement. As

4872-529: The most successful office sub-markets in the region with over 3,000,000 square feet (279,000 m) of office space and housing former President George W Bush's office, as well as some of the best residential neighborhoods in Dallas. University Park is to the south, a string of condos along Northwest Highway is to the east, and the Preston Hollow neighborhood is to the north. Preston Center also has over 500,000 square feet (46,000 m) of retail space,

4956-403: The national media for a tradition of unusual and extravagant gifts not sold in its stores. Some have included the "his and hers" themed items, trips and cars (see below). In 1952, Stanley Marcus introduced a new tradition of having extravagant and unusual gifts in each year's Christmas catalog, The Christmas Book . The idea was sparked when journalist Edward R. Murrow contacted Marcus to ask if

5040-751: The online luxury furniture outlet Horchow.com." The Neiman Marcus Group owned majority interest in Kate Spade LLC, a manufacturer of handbags and accessories. In October 2006, the company purchased all minority interest for approximately $ 59.4 million, and in November 2006 sold 100% ownership to Liz Claiborne , Inc. for approximately $ 121.5 million. Another divestiture was a majority interest in Gurwitch Products LLC, which manufactures Laura Mercier cosmetics, to Alticor Inc., for approximately $ 40.8 million. In 2013, Neiman Marcus settled

5124-401: The original location. In 1927, the store expanded, and Neiman Marcus premiered the first weekly retail fashion show in the United States. The store staged a show called "One Hundred Years of Texas Fashions" in 1936 in honor of the centennial of Texas's independence from Mexico . A later profile of the store, "Neiman Marcus of Texas", described the "grandiose and elaborate" gala, noting: "It

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5208-462: The relief of headache, to be placed on sale primarily in drugstores as a medicinal beverage. Pemberton had made many mixing experiments and reached his goal during the month of May, but the new product was as yet unnamed and uncarbonated. Pemberton's bookkeeper, Frank Mason Robinson , is credited with naming the product and creating its logo. Robinson chose the name Coca-Cola because of its two main ingredients (coca leaves and kola nuts) and because it

5292-500: The rest of NorthPark Center. While Stanley Marcus wanted to use white marble throughout the new store, Raymond Nasher and Hamilton argued for unity in the overall design and materiality of the Center. Roche thus used bold elements defining the departments within. Marcus stated 'We found ourselves educating most of the architects…that…were positive of only one thing with any store: that we would want to change it within 10 years… [but Roche]

5376-404: The server for the recipe. The server said that the recipe would cost "two fifty" and the woman agreed. However, she was in disbelief when she was charged $ 250 for the recipe instead of what she thought would be $ 2.50. The rumor eventually became xeroxlore and a chain letter . In 1997, after the rumor had progressed to an infamous e-mail forward , the company released a statement that the story

5460-403: The settlement decree, Coca-Cola was forced to put in management practices that have put the company in the top 10 for diversity." In March 2012, 16 workers of color sued Coca-Cola, claiming they had to work in a "cesspool of racial discrimination." In February 2021, recordings of an employee training course were leaked on social media. The course instructed employees to "be less white", which

5544-508: The store would be offering anything unusual that might interest his radio listeners. Marcus invented on the spot an offering of a live Black Angus bull accompanied by a sterling silver barbecue cart, and the catalog was subsequently altered to include this item, priced at $ 1,925. At one point, the Neiman Marcus Christmas catalog carried the distinction of being the item most stolen from recipients' mailboxes, prompting

5628-506: The studio, Columbia released many popular films including Ghostbusters , Stripes , The Karate Kid , and some others. However, two years after the critical and commercial failure of the 1987 film Ishtar , Columbia was spun-off and then sold to Tokyo -based Sony in 1989. Coca-Cola operates a soft drink themed tourist attraction in Atlanta, Georgia; the World of Coca-Cola is a multi-storied exhibition. It features flavor sampling and

5712-497: The trademarks owned by or licensed to Coca-Cola account for more than 1.3 billion. Of these, beverages bearing the trademark "Coca-Cola" or "Coke" accounted for approximately 55% of the company's total gallon sales. In 2010, it was announced that Coca-Cola had become the first brand to top £1 billion in annual UK grocery sales. In 2017, Coca-Cola sales were down 11% from the year before due to consumer tastes shifting away from sugary drinks. Since 1919, Coca-Cola has been

5796-431: The trio had US$ 25,000 (equivalent to $ 817,500 in 2023) from the successful sales-promotion firm they had built in Atlanta, Georgia , and two potential investments of funds. Rather than take a chance on an unknown "sugary soda pop business," the three entrepreneurs rejected the fledgling Coca-Cola company and chose instead to return to Dallas to establish a retail business. For this reason, early company CEO Peb Atera

5880-421: The world" pumping out 200,000 plastic bottles a minute. Problems also arose in places such as Samoa where Coca-Cola switched away from reusable glass bottles to one time use plastic bottles. Residents of Samoa have seen an increase in plastic pollution since this switch has been made. Alternatives to plastic such as aluminum have also been overlooked with Coca-Cola releasing a new plastic bottle slightly bigger than

5964-560: Was also opened. By 1967 the four Neiman Marcus stores in operation were generating annual sales of $ 58.5 million, and the company's profit for that year was in excess of $ 2 million. In 1968, the company merged with Broadway-Hale Stores, Inc., which enabled Neiman Marcus to expand at a much faster pace than would have been possible as an independent entity. In 1971, the first Neiman Marcus outside Texas opened in Bal Harbour, Florida . In subsequent years stores opened in over 30 cities across

6048-416: Was an urban legend. As a sign of good faith, the store also released a version of their cookie recipe for free to all customers to try. The Coca-Cola Company The Coca-Cola Company is an American multinational corporation founded in 1892. It manufactures, sells and markets soft drinks including Coca-Cola , other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. Its stock

6132-892: Was listed as a partner of the (RED) campaign, together with other brands such as Nike , Girl , American Express , and Converse . The campaign's mission is to prevent the transmission of the HIV virus from mother to child by 2015 (the campaign's byline is "Fighting for an AIDS Free Generation"). Since the early 2000s, the criticisms over the use of Coca-Cola products as well as the company itself, escalated with concerns over health effects, environmental issues, animal testing , economic business practices and employee issues. The Coca-Cola Company has been faced with multiple lawsuits concerning these various criticisms. The Coca-Cola Company produces over 3 million tonnes of plastic packaging each year including 110 billion plastic bottles . The company has been referenced as "the worst plastic polluter in

6216-498: Was on this occasion that one of the most critical among the store's guests, Mrs. Edna Woolman Chase, editor of Vogue , expressing the sentiment of the store's starry-eyed clientele, told the local press: I dreamed all my life of the perfect store for women. Then I saw Neiman Marcus, and my dream had come true. In 1929, the store began offering menswear. During the 1930s and 1940s, Neiman Marcus began to include less-expensive clothing lines along with its high-end items, in response to

6300-555: Was one of two stores in the nation — the other being Wanamaker's in Philadelphia — to offer computer-based assistance in selecting Christmas gifts. The process worked by comparing information on the recipient to a computerized list of the 2,200 items available at Neiman-Marcus, then providing a printout of the 10 best suggestions. One person testing the computer filled out the questionnaire as if he were President John F. Kennedy shopping for gifts in excess of $ 1,000 for his wife ;

6384-477: Was previously possible, flocked to the new store. In spite of the Panic of 1907 set off only a few weeks after its opening, Neiman Marcus was instantly successful, and its first several years of operation were quite profitable. In 1914, a fire destroyed the Neiman Marcus store and all of its merchandise. A temporary store was opened for 17 days. By the end of 1914, Neiman Marcus opened its new, permanent location at

6468-471: Was quoted in 1957 as saying in jest that Neiman Marcus was "founded on bad business judgment." The store, established on September 10, 1907, was lavishly furnished and stocked with clothing of a quality not commonly found in Texas. Within a few weeks, the store's initial inventory, mostly acquired on a buying trip to New York made by Carrie, was completely sold out. Oil-rich Texans, welcoming the opportunity to flaunt their wealth in more sophisticated fashion than

6552-722: Was referred to as the "Nam Diamond". In 2018 Geoffroy van Raemdonck replaced Karen Katz as CEO. In April 2019, Neiman Marcus acquired a minority stake in Fashionphile , an online resale platform for handbags, jewelry and accessories. Neiman Marcus Group, Ltd. LLC and 23 affiliated debtors filed Chapter 11 bankruptcy in the United States District Court for the Southern District of Texas in May 2020. The debtors requested joint administration of

6636-496: Was sold for $ 6 billion to Ares Management and the Canada Pension Plan Investment Board . In August 2015, the company again announced it was preparing for an initial public offering. In late 2015 Neiman Marcus became a stand-alone company. In November 2013 the firm discovered a 25-carat rough diamond off Namibia's coast, which was valued with a reserve price tag of $ 1.85 million. The diamond

6720-506: Was sold to Ernest Woodruff 's Trust Company of Georgia, after which it was soon reincorporated under the Delaware General Corporation Law that same year. Coca-Cola's first ad read "Coca Cola. Delicious! Refreshing! Exhilarating! Invigorating!" Candler was one of the first businessmen to use merchandising in his advertising strategy. As of 1948, Coca-Cola had claimed about 60% of its market share. By 1984,

6804-578: Was spent to advertise Coca-Cola. Coca-Cola advertises through direct marketing, web-based media, social media, text messaging, and sales promotions. The company also markets via mobile marketing in text messages, e.g. viral marketing campaigns. Fan engagement spans 86 million globally across social media channels: online interaction, and social, cultural, or sporting events. In the retail setting, direct store beverage delivery trucks (mobile advertising) as well as point of sale coolers and vending machines have bright red logo blazoned branding. As of 2020,

6888-860: Was spun off and filed for IPO on the NYSE, valuing it at $ 2.2 billion which increased to $ 3 billion during the first day of trading. In August 2020 it announced the closing of five stores: Mazza Gallerie in Washington D.C. ; Hudson Yards in New York City ; The Galleria at Fort Lauderdale ; Worth Avenue in Palm Beach, Florida ; and Downtown Bellevue near Seattle . In June 2022 Neiman Marcus Group reported their highest sales volume in almost half of their stores, and sales of their 20 best-selling brands grew by 70% above pre-COVID levels in 2019. The company has also been attracting younger customers, with

6972-468: Was used as inspiration for Stanley Marcus' seasonal campaigns to solicit new colors in fabrics, as he did the year that he borrowed 20 Paul Gauguin paintings — many of which had never been publicly exhibited — from collectors around the world and had the vivid colors translated into dyes for wool, silk, and leather. Area teachers cited the Gauguin exhibits as spurring a dramatic increase in art study. In

7056-423: Was very convincing that a building had to have some discipline. Stanley was right, and later, during a remodeling to keep the store contemporary, elements with which he argued against had to be removed at great expense." *fiscal year **announced Neiman Marcus is still in operation today under the original name and is still headquartered in Dallas, where it was founded. The Neiman Marcus Group comprises

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