Founder, Chief Executive
Fashion Nova
Saghian launched Vernon-based Fashion Nova as a collection of five brick-and-mortar stores in 2006. The company, which was based in Vernon, relocated its headquarters to Beverly Hills last year after purchasing an office building for $118 million. Early Saghian used social media marketing and innovated strategic collaborations with thousands of influencers and celebrities to accumulate more than 25 million followers on Fashion Nova’s various social media platforms. The company has multiple high-growth categories across women’s, men’s and kid’s apparel. Saghian has supported several social causes through his charitable organization, Fashion Nova Cares, launched in 2020. He is known for purchasing a 21-bedroom, 49-bath home with five pools, six elevators and a 20-car garage in Bel Air in 2022 for $141 million and a $40 million beachfront property in Malibu in 2023.
YEARS ON LA500: 8
