It’s that time of year: the decorations are up, and the shopping sprees have begun. While it may not feel completely festive here in NYC—it’s 60 degrees today!—the tree at Rockefeller Center has been lit, and we’re officially in the holiday spirit! If you’re like us, you’re busy planning your outfits for all the upcoming holiday parties. Just don’t forget the ultimate accessory—a fabulous nail color!

Photo: Courtesy of Ulta

We’re loving Essie’s holiday 2011 collection, Luxeffects. All five new shades are glittery topcoats that add a festive kick to your favorite matte color. Or wear them alone for an iridescent sparkle. The collection features colors titled As Gold As It Gets, Shine of the Times (our fave!), A Cut Above, Pure Pearlfection and Set in Stones. The Luxeffects collection will be available in your local drugstores any day now, or you can get them online at Ulta Beauty for about $8 each.

Photo: Courtesy of Deborah Lippmann

If you don’t mind spending a little more on your holiday manicure, the new Deborah Lippman collection features six shades that are perfect for your holiday ensembles. The collection features five shimmery shades and one gorgeous rose metallic. Our top pick? Do Ya Think I’m Sexy, a “risqué red glitter” that is sure to be showcased all around at our Christmas party. The rest of the shades—Good Girl Gone Bad, I Love The Nightlife, Shake Your Groove Thing, Glamorous Life, and Stairway To Heaven—are all available online for about $18.

Photo: Courtesy of Deborah Lippman

What are you favorite colors for the holidays?