What is the relationship between LVMH and PARIS in the context of the input sentence. Choose an answer from: product/material produced; manufacturer; distributed by; industry; position held; original broadcaster; owned by; founded by; distribution format; headquarters location; stock exchange; currency; parent organization; chief executive officer; director/manager; owner of; operator; member of; employer; chairperson; platform; subsidiary; legal form; publisher; developer; brand; business division; location of formation; creator.

PARIS (Reuters) - Donna Karan has resigned as chief designer of the fashion brand she founded and sold to French luxury goods owner LVMH as the group opts to concentrate on its more accessible DKNY line.
location_of_formation