Red Velvet are slated to make their long-awaited comeback as a full group this coming August.South Korean news site Herald Pop originally reported earlier today (June 9) that the five-member girl group were currently preparing to make their return with new music in August.The group’s agency SM Entertainment later confirmed the report in a brief statement to South Korean media outlet Newsen. “Red Velvet is preparing for a new album with the goal of a comeback in August.