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Authentic Brands Group Acquires Majority Stake in Drake's OVO Brand

Hypebeast 28 August 2026 5h ago
Authentic Brands Group Acquires Majority Stake in Drake's OVO Brand
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Relevance
20/25
Freshness
25/25
Authority
18/20
Brand Signal
6/15
Depth
6/15
Relevance Freshness Authority Brand Depth
Summary Authentic Brands Group has acquired a 51% majority stake in Drake’s lifestyle brand OVOCo-founder Drake retains a 44% stake while Vince Holding Corp takes a 5 percent share and global licensing rightsThe strategic partnership plans to expand OVO's U S retail footprint and launch wholesale distribution in 2027 Authentic Brands Group has officially acquired a 51% majority stake in the intell
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