Shark Tank brand goes viral for all the wrong reasons - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Advisor News
Newswires RSS Get our newsletter
Order Prints
May 3, 2024 Newswires
Share
Share
Post
Email

Shark Tank brand goes viral for all the wrong reasons

Jackson Progress-Argus (GA)

One of the fastest growing sectors of the retail economy is beauty, and it's pretty hard to overstate its popularity.

Just a few years back in 2018, the beauty space was valued at approximately $508 billion. Less than six years on, that figure has grown to $579 billion — a 14% uptick in growth.

Related: Another popular mall retailer files for Chapter 11 bankruptcy

It's not really that one (or two, or even five) brands are so popular. In fact, it's quite the opposite. The rise of social media has contributed to the rise and fall of numerous makeup and cosmetics brands.

Sometimes, it seems like trends and in-fashion brands can change within months. Reliably growing an audience — and, importantly, sales — can be a difficult task when already fickle consumers resist using the same thing twice and expect to try new products often.

This can be a difficult puzzle to solve. Thanks to social media apps like TikTok and Instagram, nearly all cosmetics companies are on the same playing field. It's never been easier to reach a wide swath of people, since beauty tutorials, hauls, and swatches and try-ons are some of the most highly searched items on places like YouTube and social media.

More Retail:

Ulta CEO sounds the alarm on a growing problemLululemon releases a first-of-its-kind productTarget store introduces a new 'over 18' policyAmazon launches genius new subscription product

TikTok star calls out beauty brand

But social media can also act as a double-edged sword. Brands make and break their popularity online, and a handful of poor reviews by well-known influencers can destroy consumer trust.

One fast-growing beauty brand is Youthforia, which debuted on ABC's "Shark Tank" in 2023 and received a $400,000 investment from Mark Cuban.

Related: Popular mall shuttering all stores for surprising reason

The brand bills itself as "a clean and sustainable makeup company with skin-friendly ingredients," and is available at mainstream shops like Ulta (ULTA) and beloved by Gen Z, who prizes lightweight, no-makeup looks over a heavy glam.

But Youthforia came under fire in September for not having a wide range of foundation shades, particularly to cater to a customer base with darker skin tones.

"This keeps happening because tone inclusivity is not something these beauty companies are worried about. They do not care," TikTok star Golloria George said upon reviewing the popular Date Night foundation.

View the original article to see embedded media.

Youthforia founder Fiona Co Chan later apologized, saying "When I first started Youthforia two years ago, all I wanted to do was create a safe space where individual beauty could be celebrated. And unfortunately with our latest launch, we just fell short of that mission."

So now, the beauty company is back with an extended range of shades in the Date Night foundation, but some creators and beauty enthusiasts say it did not solve the problem.

"This is the darkest shade, shade 600, and as you guys can see in the bottle [it's] literally jet black," Golloria George said in a follow up review video, posted Monday.

"In addition to that, when we go to the actual website and we look at the swatch, not only is the swatch online literally jet black, there's literally only four or five shades for people that actually have darker complexions."

View the original article to see embedded media.

For reference, Golloria George tried the next lightest shade to compare against shade 600 and demonstrated it was far too light to match her skin tone.

Other TikTokers were quick to chime in. Javon Ford posted a TikTok reviewing the ingredients in Date Night foundation, pointing out the lighter shades had at least three different ingredients to make up its coloring.

"But then if we look at their darkest shade," Ford said, "the ingredient list tells a different story. Here there's only one pigment, CI 77499, which is just black iron oxide. No other colorants. This foundation only has pure black pigment."

View the original article to see embedded media.

Youthforia has not issued a public comment on the matter, though Golloria George's TikTok has received 24.6 million views and Javon Ford's has gotten 6.1 million.

TheStreet has reached out to Youthforia for comment.

Related: Veteran fund manager picks favorite stocks for 2024

Older

A red-hot job market that’s defied Fed rate hikes is cooling (finally)

Newer

Set up single-payer health care coverage

Advisor News

  • The modern advisor: Merging income, insurance, and investments
  • Financial shocks, caregiving gaps and inflation pressures persist
  • Americans unprepared for increased longevity
  • More investors will seek comprehensive financial planning
  • Midlife planning for women: why it matters and how advisors should adapt
More Advisor News

Annuity News

  • LIMRA: Annuity sales notch 10th consecutive $100B+ quarter
  • AIG to sell remaining shares in Corebridge Financial
  • Corebridge Financial, Equitable Holdings post Q1 earnings as merger looms
  • AM Best Assigns Credit Ratings to Calix Re Limited
  • Transamerica introduces new RILA with optional income features
More Annuity News

Health/Employee Benefits News

  • SENATE APPROVES BILL TO LIMIT PREMIUM INCREASES, PROTECT ACCESS TO HEALTHCARE
  • All about AHCCCS: Navigating Arizona Medicaid’s changing landscape
  • GOVERNOR SIGNS BIOMARKER TESTING COVERAGE BILL
  • REGULATION OF AI IN PRIOR AUTHORIZATION AND CLAIMS REVIEW: A LOOK AT FEDERAL AND STATE CONSUMER PROTECTIONS
  • LEADING HEALTH ORGANIZATIONS URGE NC LAWMAKERS TO RECONSIDER PROPOSAL IMPLEMENTING MEDICAID CUTS
More Health/Employee Benefits News

Life Insurance News

  • 2025 Insurance Abstracts
  • AM Best Assigns Credit Ratings to Tokio Marine Newa Insurance Co., Ltd.
  • Earnings roundup: Prudential works to save ‘unique’ Japanese market
  • How life insurance became a living-benefits strategy
  • Financial Focus : Keep your beneficiary choices up to date
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Why Blend in When You Can Make a Splash?
Pacific Life’s registered index-linked annuity offers what many love about RILAs—plus more!

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Discipline Over Headline Rates
Discover a disciplined strategy built for consistency, transparency, and long-term value.

Inside the Evolution of Index-Linked Investing
Hear from top issuers and allocators driving growth in index-linked solutions.

Press Releases

  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
  • Highland Capital Brokerage Acquires Premier Financial, Inc.
  • ePIC Services Company Joins wealth.com on Featured Panel at PEAK Brokerage Services’ SPARK! Event, Signaling a Shift in How Advisors Deliver Estate and Legacy Planning
  • Hexure Offers Real-Time Case Status Visibility and Enhanced Post-Issue Servicing in FireLight Through Expanded DTCC Partnership
  • RFP #T01325
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet