The fashion colors for 2023 are determined by various fashion forecasting organizations, such as Pantone, which annually selects a Color of the Year. For 2023, the Color of the Year is 'Viva Magenta 18-1755', a vibrant, electric pink that symbolizes a new era of empowerment and a playful, optimistic spirit. Other popular colors in 2023 include pastel shades, muted tones, and bold neons.