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.

That is more than some of the biggest names in luxury fashion and cosmetics, including Christian Dior, with a 24 per cent EBITDA margin in the first half, and a 23 margin for LVMH Moet Hennessy Louis Vuitton SE - which produces Moet & Chandon Champagne.

Answer: parent_organization