The present invention is directed to a pressed powder cosmetic composition, comprising by weight: (a) from about 75% to about 98% of a powder component, the powder component comprising a cosmetic grade flaky glass constituted of components comprising by weight at least 52% silicone dioxide and no more than 5% alkali metal oxide, and wherein the cosmetic grade flaky glass has an average thickness of 0.1-1.0 μm, an average particle diameter of 1-100 μm, and an aspect ratio, obtained by dividing the average particle diameter by the average thickness, of 10 or higher; (b) from about 1% to about 24% of a powder binder, the powder binder comprising sodium stearyl fumarate; and (c) from about 1% to about 25% of a liquid binder.