(COMBO) This combination of files pictures created on July 7, 2026 shows the logo of leading world cosmetics group L'Oreal in the group's global hair research center in saint-Ouen near Paris on February 5, 2020 and the logo of luxury brand Gucci in Tokyo on June 22, 2021. L'Oréal and Gucci have signed a 50-year licensing agreement in the beauty sector, following the decision to bring forward by one year the termination of the license that existed between Gucci and the US company Coty. (Photo by ERIC PIERMONT and Charly TRIBALLEAU / AFP via Getty Images)