Word: atlantas
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...cities. Vacancy rates are reaching alarming levels in Fort Lauderdale (28.3%), Phoenix (24%), New Orleans (22.7%) and other Sunbelt cities, where the strong economic growth of recent years fanned real estate speculation. As soon as one city is glutted, developers move on to the next. Says Mack Taylor, an Atlanta developer: "When they realized the game was over in Denver and Houston, a lot of them came here...
...most of its 99-year history, the Coca-Cola Company has known only the sweet taste of success. This year, though, Coke seems unable to do anything right. First the Atlanta-based firm infuriated customers by changing the sacred formula of Coke. Then it had to swallow hard, admit error and bring back the old mixture under the label Coca-Cola Classic. Next the company angered textile workers by marketing a line of Coca-Cola clothes produced overseas. Now Coke is under attack from the sugar industry for allegedly misleading the public about the ingredients of its No. 1 product...
...caught off guard by the sugar industry's assault. Its run-in with textile workers, though, was an avoidable gaffe. Last month Coca-Cola unveiled a line of men's and women's casual clothing manufactured by Murjani International of New York City under a license from the Atlanta company. The Murjani products included bright-colored sweaters ($40), sweatshirts ($34) and jean jackets ($52), all bearing the Coca-Cola logo. The trouble began when textile officials discovered that the clothes were made in Asia, despite being advertised as "All-American." Several textile companies angrily removed all Coke dispensers from their...
Despite Coke's conciliatory action, the damage had already been done. Says Lee Wilder, who follows Coke for Robinson Humphrey, the Atlanta-based investment firm: "Coke is an American symbol. The company opened itself to a lot of embarrassment by putting its name on foreign-made clothes. It was plain dumb...
...nice that, in this world of constant change, the British royal silliness remains constant? Mary Hollingsworth Atlanta Spying Walkers...