@Perry44 I think the document preview is only showing the first page, but if you download the file, there are two more pages which show the formulations and questions. I’m attaching a screenshot if you would like to review them.
@DanielleNel I am not a chemist, so I cannot answer these questions, but I will take a guess.
The top layers of both formulas are opaque/hazy because the dimethicone was not properly suspended and/or the fragrance was not properly solubilized. The formulas are not using a water-soluble dimethicone and there doesn’t appear to be anything that would keep it suspended, so I imagine that is the viscous, oily texture forming at the top.
The pearlescent mica is likely settling at the bottom of the shampoo for the same reason—there is nothing keeping it suspended and/or the viscosity is not high enough to do so. Adding hydroxypropyl methylcellulose (HPMC), as Perry suggested, will likely solve this issue. It can keep the mica suspended while also increasing the stability and foam.
The foam is likely impaired by the dimethicone, as silicones can suppress foam, but the high fragrance load (1%) may also play a role here. I am usually using around 0.3% fragrance in a shampoo.