We hope you like the products we recommend. Just so you are aware, Freshome may collect a share of sales from the links on this page. Velvet sofas have found their way back into our living rooms. Once thought of as formal, velvet sofas and chairs had a renaissance in the 1960s when global decor was hot and earth tones ruled. Your velvet sofa can be a statement piece that you decorate around, rather than a predictable staple in your living room.