Springbok-backed clothing brand makes a major acquisition

• Old School, a South African sports merchandise brand backed by the Springboks, has made a major acquisition of Provantage Sport's licensing division.
• The acquisition marks the next step in Old School's growth strategy, which has seen the company expand its licensing business and develop relationships with rights holders globally.
• The move is expected to further solidify Old School's position in the licensing space, with licensing veteran Alex Cotchobos joining the business.