August 27, 2026

Drake sells majority stake in October’s Very Own to Authentic Brands Group and Vince Holding Corp.

Goodmans LLP acted for Aubrey “Drake” Graham in connection with the sale of October’s Very Own (“OVO”) to Authentic Brands Group (“Authentic”), which has acquired a majority stake in OVO’s intellectual property, and to Vince Holding Corp. (“Vince”), which will own and operate OVO's business as OVO’s core apparel and retail licensee.

OVO is a Canadian lifestyle brand led by CEO Drex Jancar and founded by Drake, Oliver El-Khatib and Noah “40” Shebib. OVO offers premium apparel and accessories and is known for its distinctive owl logo and black-and-gold aesthetic. The brand has grown into a globally recognized enterprise with 12 flagship stores and a worldwide e-commerce presence.

Authentic is a global brand and entertainment platform that owns and invests in iconic intellectual property and cultural assets. It accelerates brands through a set of specialized businesses that combine powerful storytelling, premium content, unforgettable live experiences and global commerce. Through a network of more than 1,700 best-in-class licensees and strategic partners across 150 countries and expansive distribution, Authentic’s brands drive more than $38 billion in annual systemwide retail sales worldwide.

Vince is a global retail platform that operates the Vince brand women’s and men’s ready-to-wear business. Vince operates 42 full-price retail stores, 12 outlet stores and its e-commerce site, as well as through premium wholesale channels globally.

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Drake sells majority stake in October’s Very Own to Authentic Brands Group and Vince Holding Corp.

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