Text or Element Color
Select the text or element, then Text Colors or SVG Colors in the Toolbar at the top of the screen.
Change the text color in the panel on the left.
For text you can also set the Outline and Background color.
View / Select Color by Model (Hex, RGB, HSL, CMYK)
You can view or select a colour as Hex, RGB, HSL or CMYK in the section below the color picker.
To toggle between each option press the cog icon.
