If I'm not mistaken its Global Branding Strategy and Global brand Positioning that most widely viewed. Besides Emotional Aspect of Branding is also under consideration.
One important topic is the attuning of brands to local cultural values, visions and believe systems - three parameters that influence, among other parameters, the construction of relations of trust between potential clients or consumers and a brand.
This is one of the main research issues in crosscultural marketing as well as in cultural semiotics applied to organizational communication (lato sensu).