Chairman of the Board
Most often, it is about improving the image in the eyes of the audience, changing the positioning or target group. It used to be a process reserved only for crisis situations (Olins 1995), but for some time now, it has been a tool used to generate growth or reduce marketing costs.
Rebranding is very often associated with making significant changes to the way a brand communicates. This rebuilding is usually only carried out when things are really bad, the brand is plunging into crisis or its image is not keeping up with the actual development of the company.