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Naomi Milgrom: Transforming Fashion and Philanthropy

Naomi Milgrom: Transforming Fashion and Philanthropy

Naomi Milgrom is an Australian billionaire businesswoman and philanthropist.She is sole owner and executive chairman of three of Australia's best-known fashion chains, Milgrom takes logos-and the names they represent-seriously indeed.Naomi Milgrom has a simple mantra for managing her predominantly female workforce: flexibility is not a benefit. Milgrom, the sole owner of Australia's largest privately held fashion shop, is considered as a the pathfinder for women in business, with flexible work arrangements playing an important role.

Growth of Sportsgirl, Sussan and Suzanne Grae.

The three businesses combined have 504 locations and 4,020 employees across Australia, producing $445 million in revenue for the financial year ending in June of last year. Milgrom has maintained a net profit of around $27 million over the last three years, while staff and store numbers have remained fairly steady despite increased competition from international chains such as Zara and Topshop, as well as an explosion of Internet purchases by Australian shoppers from retailers overseas. She explains this to cost-cutting and supply-chain management, rather than a drop in head count.

The Naomi Milgrom Foundation

The Naomi Milgrom Foundation aims to bring unique art, architecture, and design into the lives of Australians. The non-profit organization, founded in 2014 and managed by Naomi Milgrom AC, is focused on one fundamental goal: to increase the presence and influence of creative culture in Australia. This is accomplished by actively supporting artists, designers, and creative institutions, fostering collaborations between bodies and disciplines, championing art and design education, and a general commitment to making the arts more accessible to more people across the country. 

Naomi Milgrom Board Positions and Recognisation

Milgrom's impacts as a leader and contributor to civil society have been recognized with numerous board seats and honors.  In 2010, she was granted three Honorary Doctorates, the Australian Institute of Architects President's Award, and Officer of the Order of Australia. Ms Milgrom received the Creative Partnerships Australia Philanthropy Leadership Award in 2016, served as Commissioner of the Australian Pavilion at the 2017 Venice Art Biennale, and was named a Melbourne Achiever by the Committee for Melbourne in 2018. She was also a juror for the World Architecture Awards in 2017 and 2019, a founding patron of the PHOTO 2020 International Photography Festival, and Chair of the Sydney Powerhouse Precinct Project.

She has also held the position of board member of the Melbourne Business School and served as Commissioner for the Australian representation at the 57th International Art Exhibition, Venice Biennale 2017. Milgrom is a member of the Art Basel Global Patrons Council, Tate Museum London's International Council and has been a judge for the World Architecture Awards.

Naomi Milgrom Philanthropy Work For The Community

Milgrom is a passionate contributor and supporter of arts projects and events. In 2014, she founded the Naomi Milgrom Foundation to support public art, design, and architecture activities. The same year, the foundation donated financing for a series of outdoor pavilions (known as MPavilions) to be built in Melbourne's Queen Victoria Gardens every spring for four years. International architects are invited to design and construct a pavilion; in 2014, Sean Godsell created the pavilion; in 2015, Amanda Levete; in 2016, Mumbai's Bijoy Jain; and in 2017, Dutch architect Rem Koolhaas.

Naomi Milgrom Worth

According to the UK Financial Times, Milgrom was Australia's eighth-richest woman in 2018, with an estimated net worth of more than A$500 million. As to the Australian Financial Review's 2023 Rich List, her net worth was A$1.15 billion as of May 2023.

  • 17 June 2024

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