Refer to the input text as context and select the correct relationship between 'Louis Vuitton' and 'LVMH' from the available options.
Options: position held, director/manager, creator, owned by

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