Cosmetic formulations comprising mixtures of a polysiloxane having a viscosity at 25.degree. C. of from about 500 centistokes to about 1500 centistokes, cosmetic grade lanolin oil, lanolin wax, a gelling agent, hydrocarbon-derived polymers such as polybutene or ethylene vinyl acetate, or mixtures thereof, and a dry color mix are disclosed. The dry color mix may comprise an inorganic pigment, mixtures of inorganic pigments or a mixture of inorganic pigments and a pearling agents.