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Earlier, industry insiders said that Red Velvet would be aiming for a comeback either toward the end of this month or the beginning of February. Since then, an SM Entertainment rep has stepped up to confirm, "Red Velvet are currently preparing for a new album. Comeback promotions will begin next week, so please give them your attention."

Red Velvet will be making a comeback in just 4 months, after their 3rd mini album 'Russian Roulette' releases this past September. Stay tuned for more on Red Velvet!