Refer to the input text as context and select the correct relationship between 'LVMH' and 'Louis Vuitton' from the available options.
Options: developer, location of formation, owner of, product/material produced

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.
owner of