Analyze the relationship between 'Sephora' and 'LVMH' within the context of the input sentence.
Options: product/material produced, owned by, parent organization, member of

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.
parent organization