In the context of the input sentence, determine the relationship between 'Louis Vuitton' and 'LVMH'.
Options: director/manager, owned by, creator, position held

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