The increasing interest in luminescent waveguides, applied as light concentrators, sensing elements, or decorative illuminating systems, is fostering efforts to further expand their functionality. Yarns and textiles based on a combination of distinct melt-spun polymer optical fibers (POFs), doped with individual luminescent dyes, can be beneficial for such applications since they enable easy tuning of the color of emitted light. Based on the energy transfer occurring between differently dyed filaments within a yarn or textile, the collective emission properties of such assemblies are adjustable over a wide range. The presented study demonstrates this effect using multicolor, meltspun, and photoluminescent POFs to measure their superimposed photoluminescent emission spectra. By varying the concentration of luminophores in yarn and fabric composition, the overall color of the resulting photoluminescent textiles can be tailored by the recapturing of light escaping from individual POFs. The ensuing color space is a mean to address the needs of specific applications, such as decorative elements and textile illumination by UV down-conversion.