free people chloe love perfume asos pyramid bracelet comme des garconnes wallet topshop sleep joe's jeans sandals silvery peony pantone

From top left, clockwise: Free People Marled Yarn Pullover; Chloé 'Love, Chloé' Eau de Parfum spray; Topshop Nude frilly "Teddy;" Comme des Garcons snakeskin half-zip pouch; Joe's Jeans "Marvel" sandals; Elke Kramer over-sized "Tough Love" resin bangle. Courtesy photos.

There's no denying that this spring is all about color. Runways all over the world featured brights in every shade. In a series titled "Color of the Week," StyleList will outline the most popular hues -- as declared by Pantone, world-renowned color authority -- with designer inspiration, celebrity examples, beauty tips and more. For our sixth installment, we present #12-1206, also known as silver peony.

Is it nude or blush? Or could it be a beige with pink undertones? While silver peony may be the most mysterious of Pantone's top picks for Spring 2011, we gotta say -- it's the most versatile.

Some examples of silver peony on the runways include Stella McCartney's '70s-inspired suit, Dennis Basso's scandalous cocktail dress, and Oscar de la Renta's shapely jumpsuit. Girly or guy-centric this hue should be in every fashionista's wardrobe!

Lucky for us we don't have to shell out loads of cash to get this look: Free People offers one of the coziest sweaters we've ever seen and we'd love to tote this Comme des Garcons wallet in lieu of our boring black one.

Cameron Diaz rocked a Dior by John Galliano gown on the red carpet and we adored how positively radiant the actress looked. Diaz's ensemble was ethereal -- and silver peony was the perfect hue when paired with her bronzed skin and beach-blonde waves.

Keiko Lynn -- creator of the blog by the same name -- donned an Erin Fetherston for Target dress in the earth tone, but she paired the frock with unexpected lace and textured wedge heels. The combination is a fresh take on the classic black-and-white ensemble, and we can't wait to start pairing this hue with springtime separates, a la Keiko.

And spring time is the season of the birds and the bees -- so douse yourself in Chloé's 'Love, Chloé' Eau de Parfum spray. Native to the Mediterranean, hyacinth typifies the kind of bold scent that women of confidence and swagger flock toward. Love, Chloé softens the flower with a powdery musk and rice flower, while staying true to its staunchly floral roots by blending with wisteria blossom and heliotropine. Glamour drips from the bottle, which is festooned with a hanging gold chain, gold script engraving and a pearly pink juice that looks good enough to eat.

For more silver peony inspiration, peruse our gallery of styles, celebs and beauty.

And don't miss last week's color: lavender.