Rebranding is a
marketing strategy in which a new name, term, symbol, design, or combination thereof is created for an established
brand with the intention of developing a new, differentiated identity in the minds of consumers, investors, competitors, and other stakeholders. Often, this involves radical changes to a brand's logo, name, legal names, image,
marketing strategy, and
advertising themes. Such changes typically aim to
reposition the brand/company, occasionally to distance itself from negative connotations of the previous branding, or to move the brand
upmarket; they may also communicate a new message a new board of directors wishes to communicate.