The euphoria of the New Year is well and truly here, with most of us chalking out plans not just for the extravagant party on the night of 31st, but also quickly jotting down a list of changes that we would like to embrace in the coming year. Every New Year brings a new hope, new beginnings, a list of resolutions that you hope to keep, and of course an array of new design and decor trends for the seasons ahead. The start of 2014 is obviously no different with top fashion and interior design firms already trying to call the shots on the hottest color trends that will rule the next 12 months.Predicting the hottest colors of the season ahead is serious business, and it plays a major role in determining the direction in which many of the top fabric, fashion, beauty and design companies are headed. You can join in on the fun as well by dipping into this insightful information and giving your home the fashionable and trendy makeover that it deserves. Here is a look at the top color trends for 2014 along with a few interiors that incorporate these hues elegantly –by Last Detail Interior Designby Jennifer Ott Interior DesignPurples were big in 2013 and they are all set to take over the color world in 2014 in an even more emphatic fashion.

Two of the biggest names that determine color trends in the fashion and interior design world have already put this majestic shade at the forefront. While Pantone Color Institute predicts ‘Radiant Orchid’ to top the color palette come spring 2014, Sherwin-Williams has gone for a hue dubbed ‘Exclusive Plum’. exterior flooring designsWhile the former is a pinky purple that looks bright and bubbly, the latter is a dusky violet that looks sophisticated and posh.christmas party decorations onlineColor choices depend on the way we perceive the world around us. ideas to decorate christmas tablePurple has been a color of wealth, royalty and prosperity for a long while, and with the world starting to firmly move past the global economic strife, many believe that this rich color is set to make its way into more households to signify a symbolic renaissance of sorts.

Since purple comes in a multitude of shades, picking one that suits the theme of your home is not that hard either!Seems like 50 Shades of Grey has left a lasting legacy that extends way beyond the bestseller list of The New York Times! grey is quickly becoming the new white, both in the fashion industry and the interior design industry. Home owners are happy to replace the traditional white and cream walls with cool grey that ushers in a classy, refined ambiance. The Paint Quality Institute says that the shade ‘connotes intellect’ and is bound to become the most-used neutral shade in the years to come. Grey also allows you to decorate with any color of your choice and works seamlessly with several different contemporary themes.Nothing brings an interior filled with gentle colors to life like a bit of refreshing yellow. Mustard Yellow is another vivacious shade that is set to make big waves in the year ahead. Yellow signifies prosperity, style and energizing warmth and tends to look simply outstanding when you are opting for a sun-kissed interior style.

Even the fashion world seems to be warming up to this vivid shade, and once the summer of 2014 is here, expect mustard yellow to pop up pretty much everywhere you look. A perfect way to revitalize your home in a fun fashion…by Charlie Simmons – Charlie & Co. DesignCall it a classic or a perennial favorite, the good old blue never seems to fade out of fashion. A staple for the guys and an interior paint color that forms the basis of many popular themes, you simply cannot go wrong with blue. Whether it is that placid blue inspired by the clear summer sky or that dazzling, brilliant blue that is borrowed from warm, tropical ocean waters, blue eases your mind, fills the space with positive energy and uplifts your mood. Combining relaxation with rejuvenation, dip into the vast blue reservoir as you get ready to welcome the New Year!by BarlisWedlick Architects, Tribeca Studioby Arnold Schulman Design GroupWhen Apple brings out its marquee phone in a certain new hue and it quickly becomes the trendiest mobile, beating the classic black and the stylish white models, you better start paying attention!

Gold adds warmth to a setting in an affluent way. Gold is definitely one of the happening colors of the season, and it seems to be a trend that will well continue into the next Holiday season!  Yet, unlike the mustard yellow featured above, it does not look too bold and exudes opulence without going over the top. Glittering brass finishes also look stunning as accent additions in a contemporary setting dominated by calm, neutral colors.by Elad Gonen & Zeev BeechGold trims coupled with silver also look fabulous, and much like gold, silver is also a great choice for those looking to replace the grey and white shades with something a bit more exciting and exclusive. Both shades obviously look perfect when used modestly and with care. So make sure you do not go overboard with these colors and finishes.by Hugh Jefferson Randolph ArchitectsBut it is important to remember that color trends not only showcase the direction that you could take while going in for a renovation or repainting your walls.

They also allow you to make smarter and trendier choices while shopping for new furnishings. But this should not overwhelm your personal taste and the colors that you are comfortable with around you. Ultimately, your home is all about showcasing who you are what you love the most! So, which of these colors would you gleefully invite home come 2014?This year, the kitchen as we know it completely changed. Shelving opened up, cabinets went darker and metallic accents moved well beyond cabinet knobs. But come 2015, we can expect to see a major overhaul in a different room of the house -- the bathroom. Everything from sinks and color schemes to tubs and tiles will see some sort of upgrade, according to the National Kitchen and Bath Association's style report as well as the trends we've seen in the decor sphere, and this is how we expect interior designers and homeowners everywhere to go about it... Out With The Old: Coastal Cottage Style In With The New: Clean Contemporary According to the National Kitchen and Bath Association's style report, more than 400 designers agreed there is a move toward simplicity in a cleaner, more contemporary way.

That's not to say they are going to completely lose their more cozy, rustic charm for all-out glamour, but they will have cleaner lines and more minimalist modern vibe. Out With The Old: Rain Showers In With The New: Soaking Tubs Forget about glass-encased showers -- these days it's all about the soaking and free-standing tubs, so much so that we can actually expect a decline in standard tubs with shower-surrounds. Out With The Old: Bowl Sinks On Cabinets In With The New: Under-Mounted Leggy Sinks Looks like you're going to have to find somewhere else to stash those toiletries, because under the sink won't be a "trendy" choice next year. Also not so "in" anymore? Those bowl-shaped sinks we loved a few years back. Out With The Old: White Paint In With The New: Shades Of Gray Say sayonara to all the white. While it's still an incredibly popular choice for bathroom colors (along with blue and beige), the National Kitchen and Bath Association also found it to be the fastest-growing shade for the bathroom.