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Daymond John says Adidas has a big decision to make Kanye West … he says that relationships can go up and down and the main problem is E’s unpredictability.
The “Shark Tank” star joined us Friday on “TMZ Live” to discuss Adidas announcing a re-examination of its partnership with Kanye after his controversial YZY fashion show in Paris — you know, the one where he wore a “White Lives Matter” T-shirt “.
Daymond says Adidas will have a very difficult decision to make. Ye can make or break a brand, he says, but the X-factor is Kanye’s volatility, which poses a huge risk no matter which direction Adidas moves.
As we reported, E’s volatility appeared almost immediately after Adidas’ announcement – he accused the company of raping and stealing his ideas. Oh, and he firmly stated that he is Adidas.
Daymond added … he hopes both sides can work it out because it’s in their best interest. Interestingly, he believes that the final decision will not be made on the merits alone.
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Speaking of finances, Daymond is looking to kick it up a notch for business owners … with his third annual Black Entrepreneur Day at the famed Apollo Theater.
He told us about the huge (literally in Shaq’s case) celebrities who will be joining him on stage on October 27th to share their success stories and give valuable advice.
Of course, Daymond will also be handing out grants to worthy entrepreneurs.
