A topical formulation for treating bruising can include an exfoliant, a protein denaturant, a penetration enhancer, triethanolamine, and water. In an embodiment the topical formulation may include other components selected from a preservative, a detergent, a skin denaturant, and a base. The topical formulation can be particularly effective for reversing bruising caused by Senile Purpura and/or preventing hemosiderin staining.