Utilize the input text as a context reference, choose the right relationship between 'TAG Heuer' and 'LVMH' from the options.
Options: distributed by, owned by, chairperson, employer

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.
owned by