Capital Wealth
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Off Duty · Review

Behold the Hairless He-Men of Summer: Buff, Burly, Smooth as a Ken Doll, and Worth Tens of Billions to Someone.

Michael Ian Black, who definitely does not watch “Love Island,” notices that the modern leading man can deadlift a Buick and has misplaced every hair below his collarbone. Two reality stars admit to shaving their legs. Analysts say men’s grooming will grow by tens of billions in five years.

By Sean Anees Saifi · Capital Wealth · Published Wednesday, September 2, 2026 · Source: The Wall Street Journal, August 29–30 and September 1, 2026 editions
Key Points
2
reality stars who admit shaving their legs
$10B+
men’s grooming growth, five years, low end
2025
the year the Pentagon banned “beardos”
0
episodes of “Love Island” the author has watched, allegedly
A bathroom shelf with a razor, a can of shaving foam and a tub of pomade lined up under a mirror, a gym bag on the floor.
A bathroom shelf with a razor, a can of shaving foam and a tub of pomade lined up under a mirror, a gym bag on the floor.
In one line: The funniest essay in the weekend paper is about a consumer trend measured in the tens of billions, and one of its beneficiaries is in our dividend sleeve.

“No, I don’t watch ‘Love Island,’” Michael Ian Black begins. As a manly man he is far too bro’d-out for such feminized fare, so don’t ask him how he knows that its male contestants spend more time waxing than the average Real Housewife. He has certainly not noticed that modern television overflows with brawny men, some with magnificent beards, atop bodies as smooth as Barbie dolls. We have stumbled, he writes, into one of the stranger beauty moments in American history: the summer of the hairless he-men.

The specimen

The modern leading man is bigger, broader and more muscular than ever. He can deadlift a Buick. He can hang off a helicopter. His jawline can split granite. He also appears to have misplaced every hair below his collarbone. For generations body hair meant male adulthood; now the ideal man looks as if he was assembled by Marvel Studios and then buffed with an orbital sander. This is not a metrosexual revival. These men are ripped, tattooed and competing on dating shows. Their presentation screams testosterone, except for the part where they pluck themselves to the hairlessness of a dolphin. Zack Goytowski of “Love Is Blind” and Zach Georgiou of “Love Island” both cop to shaving their legs.

The number inside the joke

Retail analysts estimate that the global market for men’s grooming will boom by tens of billions of dollars, if not hundreds of billions, in the next five or so years. That is the part of the essay a portfolio reads. Razors, foams, trimmers, skin care and the rest are sold by a short list of very large companies, and one of them, Procter & Gamble, owner of Gillette and Braun, sits in our dividend sleeve at 4.44%.

What Black observesWho sells it
Full-body shaving, waxing, “looksmaxxing”Gillette and Braun (P&G), Schick (Edgewell), Harry’s and the direct-to-consumer set
Skin care for menL’Oréal, Unilever, Estée Lauder
Manicured nails and beards by regulationThe salon economy, and, apparently, the Pentagon

The leaders are not immune

Pete Hegseth, warrior-in-chief, spends an extraordinary amount of time warning that American masculinity is under assault, and in 2025 declared there would be “no more beardos” in the military. The announcement that the services would test warfighters’ testosterone sounded, Black writes, less like Pentagon policy than the pilot of “America’s Next Top Alpha.” Even as politicians lecture about rediscovering traditional manhood, they curate it with the obsessive precision of a fitness influencer. We are supposed to become Vikings. Just hairless Vikings.

Maybe manhood is shifting, he suggests, from something men are expected to earn to something they are expected to perform: reality-television sensitivity wrapped in six-pack abs, retrograde machismo with perfect nails. Or maybe it is the old anxiety in a new costume, the man card that has to be punched before the tribe lets you in. He does not resolve it, because it is a comic essay, but he lands the line: “Still, hair grows on its own. Character doesn’t.” Then he has to go, because somebody in his house, not him, needs to check whether Devo and Brittany got back together.

What It Means For Your Portfolio

Hold — P&G in the dividend sleeve, with a smile

Hold Procter & Gamble at 4.44% in the income sleeve: a men’s-grooming market growing by tens of billions is a tailwind for Gillette, and the dividend has been paid for 135 years regardless of who is shaving what.

PG is the direct beneficiary in our tables; Gillette and Braun are the razor and trimmer shelf the essay describes. No weight change.

The broader read is consumer staples pricing power: grooming is a routine, not a splurge, and routines survive recessions.

The tobacco sleeve is the other “performed masculinity” trade in the income book, and it is doing better than the razors.

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