Arvind Ltd informed BSE before market hours that it has marked its entry into the beauty and cosmetics segment through a partnership with SEPHORA, owned by LVMH Moet Hennessy Louis Vuitton, a French Luxury Conglomerate.
What is the relationship between 'LVMH' and 'Hennessy' in the context of the input sentence.
Options: brand, owner of, founded by, director/manager