These are the stories making headlines in fashion on Friday.

Why isn’t beauty investing more inclusive?
WWD‘s Alexa Tietjen asks why the beauty investment landscape remains so homogenous, even “despite progress in recent years toward gender diversification.” Despite a major gender gap that remains when it comes to securing funding for businesses, women are making progress in this area. But intersectionality is missing: “Lack of diversity at investment firms presents challenges felt by women of color brand founders whose target audience is women of color,” writes Tietjen, who also explores the other ways the deck can be stacked against such entrepreneurs. {WWD}

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