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.
Refer to the input text as context and select the correct relationship between 'LVMH' and 'Louis Vuitton' from the available options.
Options: distribution format, currency, owner of, subsidiary