Voyage Edge

ReadingConsultancy is now the acquirer of boutique, not the other way. When Accenture bids, pricing resets upward for everyone smaller.

ReadingThe holding company era is closing. Rose is reading the market faster than Publicis or Omnicom. Clients will follow the announcement with account consolidation or defection.

ReadingPublicis is the only major holding company moving upward. Clients watching WPP's crisis and Omnicom's stagnation will call Publicis first for the next big pitch.

ReadingSaudi domestic flights are a proof-of-concept for NEOM, Red Sea, and PIF's leisure footprint. VistaJet's monopoly on charter access into those markets is worth more than the revenue.

ReadingCharter is outpacing ownership. The UHNW buyer who charted 4 trips last year charters 8 this year. Supply is the binding constraint.

ReadingCharter platforms now sit at the top of the UHNW decision tree. Platforms that lock in repeat charters lock in recurring revenue. The sales model shifts from transaction to subscription.

ReadingLVMH, Kering, and Hermès are all raising US prices this quarter. The consumer is repricing luxury upward. The next company will do it without citing tariffs.