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.

SBM, which is listed on Euronext but is majority owned by the principality of Monaco, also disclosed that LVMH Moet Hennessy Louis Vuitton is separately taking a similar stake.

Answer: owned_by