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Is it true that Coca Cola invented the famous image of Santa Clause?

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Is it true that Coca Cola invented the famous image of Santa Clause?

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In 1931, the Coca Cola Company launched an advertisement, with the delegation of the known photographer Haddon Sundblom featuring a Santa Clause character. During the following thirty five years, the photographer developed new scenarios for Coca Cola and Santa Clause. He elaborated the current image of Santa in his current famous red suite known all around the world. For more information about this story, visit the following website on the Internet: http://www.thecocacolacompany.com/heritage/cokelore.

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