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Drake’s OVO label faces lawsuit, Authentic reportedly eyeing stake acquisition

October’s Very Own (OVO), the lifestyle and apparel label co-founded by rapper Drake, is facing a lawsuit over allegations of partial debt repayments and contractual breaches. The claims have been made by A.R.I. OVO Growth Capital, which said despite previous attempts to resolve legal issues, it now sought to enforce its rights and protect...

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Business

Drake’s October’s Very Own secures investment from A.R.I.

Canadian lifestyle brand October’s Very Own (OVO), founded by Aubrey ‘Drake’ Graham, Oliver El-Khatib, and Noah ‘40’ Shebib, has received a capital injection from US-based investment firm Applied Real Intelligence (A.R.I.) to support the brand’s global expansion plans. In a statement, A.R.I., which specialises in growth financing for...

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