Gilles Hennesy, an LVMH director who is executive vice-president of commercial at Moët Hennesy, and Christophe Navarre, chief executive of Moët Hennesy, are both moving to London. Bernard Charlès, chief executive of Dassault Systèmes, declared that some Dassault’s top managers already from France to other countries for fiscal reasons. The press is talking about fiscal exodus, yet it is not accurate: it would be better to talk about fiscal competition.