Take context from the input text and decide on the accurate relationship between 'Louis Vuitton' and 'LVMH' from the options provided.
Options: director/manager, creator, position held, owned by

Investors may get further clues to the strength of demand for luxury goods in China this week -- Gucci owner Kering SA reports earnings today, while LVMH Moet Hennessy Louis Vuitton SE announces first-half results tomorrow.
owned by