Take context from the input text and decide on the accurate relationship between 'Louis Vuitton' and 'LVMH' from the options provided.
Options: developer, member of, chairperson, parent organization

SBM, which is listed on Euronext but is majority owned by the principality of Monaco, also disclosed that LVMH Moet Hennessy Louis Vuitton is separately taking a similar stake.
parent organization