Navy is a deep, rich shade of blue that is reminiscent of the color of the ocean. It is often used as a formal, classic color in clothing and interior design. Navy is a versatile color that pairs well with many other colors, particularly white, cream, and gold. It exudes a sense of sophistication and elegance, making it a popular choice for formal events and settings. Navy is a timeless color that never goes out of style and adds a touch of luxury to any ensemble or decor.