Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on November 13, 2024, in New York City. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)

French President Emmanuel Macron arrives for a round table discussion on the 'The future of European competitiveness' at the College de France in Paris, on November 13, 2024. (Photo by Teresa Suarez / POOL / AFP) (Photo by TERESA SUAREZ/POOL/AFP via Getty Images)

Associate professor at the Economic Department of HEC Paris, Antonin Bergeaud gives a presentation ahead of a round table discussion on the 'The future of European competitiveness' at the College de France in Paris, on November 13, 2024. (Photo by Teresa Suarez / POOL / AFP) (Photo by TERESA SUAREZ/POOL/AFP via Getty Images)

CHIPPING NORTON, ENGLAND - NOVEMBER 13: Imran Amed, Founder, CEO & Editor-in-Chief, The Business of Fashion and Simon Porte Jacquemus on stage during The Business of Fashion Presents VOICES 2024 - Day 2 at Soho Farmhouse on November 13, 2024 in Chipping Norton, England. (Photo by John Phillips/Getty Images)

CHIPPING NORTON, ENGLAND - NOVEMBER 13: Dennis Okwera attends The Business of Fashion Presents VOICES 2024 - Day 2 at Soho Farmhouse on November 13, 2024 in Chipping Norton, England. (Photo by Stuart C. Wilson/Getty Images)

CHIPPING NORTON, ENGLAND - NOVEMBER 13: David Allemann attends The Business of Fashion Presents VOICES 2024 - Day 2 at Soho Farmhouse on November 13, 2024 in Chipping Norton, England. (Photo by Stuart C. Wilson/Getty Images)

CHIPPING NORTON, ENGLAND - NOVEMBER 13: Bohan Qiu, Roksanda Ilincic, Olya Kuryshchuk and Brandon Wen attend The Business of Fashion Presents VOICES 2024 - Day 2 at Soho Farmhouse on November 13, 2024 in Chipping Norton, England. (Photo by Stuart C. Wilson/Getty Images)

CHIPPING NORTON, ENGLAND - NOVEMBER 13: Roksanda Ilincic, Brandon Wen and Bohan Qiu on stage during The Business of Fashion Presents VOICES 2024 - Day 2 at Soho Farmhouse on November 13, 2024 in Chipping Norton, England. (Photo by Stuart C. Wilson/Getty Images)