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

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