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Vince acquires OVO brand operating assets and core apparel retail license from Drake, while Authentic Brands Group obtains a majority stake in OVO's intellectual property.
This move marks Vince's first expansion of its multi-brand platform strategy beyond its flagship brand, aiming to leverage its platform and operational advantages for revenue and profit diversificatio
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Vince acquires OVO brand operating assets and core apparel retail license from Drake, while Authentic Brands Group obtains a majority stake in OVO's intellectual property.
This move marks Vince's first expansion of its multi-brand platform strategy beyond its flagship brand, aiming to leverage its platform and operational advantages for revenue and profit diversificatio
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