L.A.-based artist and red lipstick lover Liz Goldwyn has teamed up with MAC to launch her first beauty collaboration, a line of three makeup bags that will debut alongside the brand’s holiday collection later this month. [WWD]

Coca-Cola: beauty purveyor? The monolithic soft drink manufacturer has just inked a deal with Sanofi, a French pharmaceutical company, to make a range of beautifying beverages that will launch at European drugstores this fall. But will they taste like Diet Coke? That’s what we want to know. [WSJ]

Dakota Fanning has ditched her blond locks in favor of a warm, chocolaty brown, making it that much easier to tell her apart from her younger sister Elle. Mad Men‘s Elisabeth Moss has also cashed in her flaxen locks for a shade of chestnut. [InStyle and Daily Mail]

The trickle-down effect of smash-success blow-dry bars like Blow and Drybar has finally arrived. Behold: the Bang Station, a new concept salon in Beverly Hills that deals only in fringe. [THR]

Also a long time coming: ChatPerf, the new USB port that can be plugged into your iPhone to release a series of fragrances from a pre-loaded app. [Popular Science]