PANTONE, recognized as the leader of color trends by most top fashion designers, recently released the hottest colors for spring 2010.

The palette includes both vibrant and neutral colors. This combination reflects the current value-based trend of buying neutrals for practicality and choosing bright, and more cost-effective accessories to dress up affordably.

Leatrice Eiseman, executive director of the Pantone Color Institute®, put it this way: "Now more than ever, women are vigilant when it comes to spending. Instead of re-inventing their wardrobes at the start of each season, consumers want pieces to complement what they already own. Pairing a bold color with a basic piece or freshening up their look with bright accents addresses the need for practicality, as well as fun."

Knowing the hottest color trends of the season can help you update your party look--from casual to dressy. Here are some great accessories to help you celebrate your special occasions with flair.

                         

Gather Detail Clutch                    Anthology Bracelet                 Cindy Says 'Sabrina' Pump

                      

Yellow Bead Bracelet                  Tarnish Wave Scarf                Embossed Fold Over Clutch

                       

Rosette Kisslock Frame Clutch          Hooded Tench Coat                     Skinny Belt

                        

   Slingback Pumps                            Floral Silk Scarf                Violet Crystal Flower Ring