A hair retaining clip includes clip members that are pivotally connected to one another and movable between a generally open configuration and a generally closed configuration. A hair gripping component is fixedly attached to one of the clip members and is made from a relatively soft material. The hair gripping component is generally shielded from contact with hair within the hair retaining clip when the clip members are in the generally open configuration, and the hair gripping component contacts hair within the hair retaining clip when the clip members are in the generally closed configuration.