Forever New champions gender pay equality. 

At Forever New, we strive to foster an all-inclusive work environment that celebrates diversity and empowers all employees to thrive. As both an equal opportunity employer and a female-focused fashion brand, we recognise the significance of hiring, supporting, developing, and encouraging all employees of all genders, in the workplace.

The issue of gender inequality holds significant meaning for us, as the majority (95.30%) of our team are women.

As of 30 June 2024, 77.37% of our team worked in stores, and of that group, 99.30% are women.

In the current corporate landscape, despite the persisting dominance of males in Head Office positions across multiple departments, we are pleased with the following statistics which promote our support of women in the workforce. Our employment data from this reporting period reveals that 89% of manager-level roles are held by women. Additionally, 84% of the highest-paid employees are female.

Throughout the designated timeframe, a significant majority (98.85%) of managerial positions were granted to women (86 appointments), emphasising our dedication to promoting women in leadership roles. 

Half of our Executive Leadership Team (ELT) and 68% of our Senior Leadership Team (SLT) are comprised of women, underscoring our commitment to promoting gender diversity in leadership roles.

Forever New currently has three Directors, of which one is female, and the shareholders are committed to increasing the female presence on the Board, fostering greater diversity and inclusion at every level of our business.  We believe diverse leadership drives innovation, strengthens decision-making, and reflects the values of our customers and community. 

There are 18.50% male employees at Forever New Head Office and of that group 45.83% work in digital and technology.  We have identified that we need to improve gender representation in this team and are exploring several initiatives, including targeted recruitment campaigns, partnerships with universities, flexible work arrangements and skill building initiatives, to increase the number of women applying for and succeeding in these roles. 

The high proportion of women in our store teams, and the small number of men working at Forever New occupying positions with a higher-than-average wage, contributes to the median total remuneration favouring men for the reporting period. 

Our goal is to lessen this gap and get it as close to zero as possible.

This commitment includes conducting regular pay audits to identify and rectify any pay disparities, implementing transparent salary bands to ensure equitable pay for equivalent roles, providing leadership development programs focused on empowering women to pursue higher-paying positions and regularly reviewing and reporting our progress towards gender pay equity.

We believe these steps will help foster a more inclusive workplace and ensure that all employees are compensated fairly for their contributions.

To further show our commitment to women the workplace, 2025 marks the sixth year of our partnership with Dress for Success, a significant milestone in supporting women’s empowerment and financial independence.

With over $100k raised in donations and products, the brand has helped support 771 women on their journey toward economic independence. We also provide additional support such as mentoring and training.