Noun
(attributive) Cocoa flavor with red coloring.
red velvet cake
red velvet yogurt
A red-velvet-flavored thing
Source: en.wiktionary.orgRed Velvet members Irene and Seulgi’s first mini-album “Monster” copped fourth place with 158,076 copies sold. Source: Internet
The third trio comes in berry-colored shades of Red Velvet, Rocky Road and Devils Food Cake. Source: Internet