Earlier quoted context omitted.
There are various types of rebranding that may or may not involve renaming. However, with respect to renaming specifically, it often also comes about because your company name now bears no relationship to what you actually do. To take a random example from a past life, NL Industries used to be the Nation Lead Company but, while they still have some involvement in pigments, they don't actually do anything related to l…
After the renaming you mentioned of NL, was there any lasting measurable business effect such as change in turnover, profit, new customers, anything at all?
I will say that it's easy to say that none of this stuff matters at all. And it's very hard to quantify among a zillion other variables. Is it crucial in the grand scheme of things? Probably not. But things like brand awareness and brand perception can matter--at least at the margins.