Drake’s OVO Expansion Details Revealed After Blockbuster Acquisition
Drake just watched his OVO empire get absorbed into a major corporate retail operation, and the expansion details reveal exactly how this deal reshapes the streetwear landscape. Vince Holding Corp completed its acquisition of October’s Very Own’s operating business, marking a significant shift for the brand, which started as an underground Toronto collective in 2008. The deal gives Vince control of OVO’s retail operations while Authentic Brands Group holds 51% of the intellectual property, Drake maintains 44%, and Vince takes a 5% stake in the IP itself.
Original reporting by AllHipHop. This page is a summary. The full story, photos, and details live at the link above.
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