Utilize the input text as a context reference, choose the right relationship between Louis Vuitton and LVMH from the options. Options: 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.

Gigi Hadid at the office Seafolly's headquarters in Mascot, Sydney, are much more basic than the glamorous home of Louis Vuitton across town in King Street, where the deal with LVMH was nutted out.

Answer: owned_by