Global brand and entertainment platform and brand management company Authentic Brands Group (ABG) announced the acquisition of a majority stake in the intellectual property of OVO (full nameOctober’s Very Own), the premium lifestyle brand co-founded by Canadian singer Drake.
As the core leader of OVO, Drake will retain a significant equity stake and continue to lead the brand's creative direction together with ABG.
In this transaction, Vince Holding Corp. (Nasdaq: VNCE), a long-term key partner within ABG's global partner network, will acquire OVO's operating business, responsible for …
Subscribers-Only ABG Acquires Majority Stake in Intellectual Property of Canadian Singer Drake's Premium Lifestyle Brand OVO
yunshan
Aug 28, 2026
1 min read
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