Refer to the input text as context and select the correct relationship between 'LVMH' and 'TAG Heuer' from the available options.
Options: location of formation, operator, owner of, position held

DKI parent company LVMH Moet Hennessy Louis Vuitton's portfolio also includes luxury brands Sephora cosmetics, Cheval Blanc hotels, Louis Vuitton fashion and TAG Heuer watches.
owner of