Look at Moody, they still retained great classic style but kept bang up to date.
who of course, also effectively went under and the name was bought by Hanse.
In my alternative view, the economies of scale of the big 4, simply mean they can produce a "good" boat capable of crossing oceans etc at a price
point that smaller bespoke builders simply cant get near. The quailty gap between the two types has narrowed and for small high-quality companies, theres nowhere else to go in their niche, Pricing is already as high as the market can bear, theres not much more innovation you can do to tempt buyers and this segment is in trouble everywhere, HR, Najaid, Moody,etc etc.