Taylor Swift just redefined holiday glam on The Late Show With Stephen Colbert! She rocked a jaw-dropping burgundy velvet minidress by David Koma (yep, nearly $2K) and matching velvet pumps. The deep red, off-shoulder look is a total vibe—chic, playful, and SO not your basic holiday red. No wonder fans are losing it in the comments. Swifties, are we adding velvet to our wishlists now? #Beauty #TaylorSwift #StephenColbert