Jason Wu's nail polish collection for CND. Courtesy Photo

Guests at today's Jason Wu Spring 2011 runway show in New York will find a special nail treat in their gift bags.

The 27 year old designer -- who is best known for outfitting First Lady Michelle Obama -- is collaborating with CND on a limited edition Jason Wu Collection that celebrates the beauty of iconic women with a fashion-forward yet wearable set of classic nail lacquers.

The Miss Wu shade created backstage at Wu's Fall 2010 Show. Courtesy Photo

"Every season I play with different ways of using color in my collection, so it was a natural choice to collaborate with CND on a capsule of nail colors that reflects my aesthetics. Included in the set is my signature gray color," says Wu.

That greige shade -- Miss Wu, pictured on model at left -- is a warm gray limestone that was inspired by the perfect balance of masculine and feminine energies and dries matte with a slight chrome sheen. It was created by manicure mastermind and CND founder Jan Arnold backstage at Wu's Fall 2010 runway show.

The chic set also includes the warm pink Brigitte, a café au lait-meets-taupe Sophia, and a blue-based maroon red Veronica, which a CDN spokesperson tell us will be featured on the model's fingers at today's runway show. Then a fifth polish, called Anna Effect can be layered over any of the shades for a texturized finish of microscopic fibrous pieces that give nails a tweed-like look.

"Our new Jason Wu nail colors don't get any more sophisticated, with the modern take on what to wear now. Interesting, yet wearable year 'round, my favorite color is Jason's signature shade of matte limestone, Miss Wu," co-founder of CND Jan Arnold tells StyleList.

We love how the shades depart from the "safe" light pink mani and trend-heavy grays as of late, yet still manage to be both pretty and stylish.

We're guessing the Vogue-ista herself agrees.

Priced at $47 for the set, you can expect to see these polishes popping up for purchase in salons and via CND.com in May 2011. It might just incite the next biggest frenzy following CND's 14 day Shellac manicure launch earlier this year.

WATCH CND's JAN ARNOLD TALK ABOUT THE CREATION OF THE MISS WU SHADE AT THE FALL 2010 JASON WU SHOW: