3 velvet shaders I use in Daz Studio, from left to right:

1. Calida3D's velvet shaders, she has them in HSS and SSS versions, and a smooth as well as a crushed velvet. 

2. Fisty's Sparkle and velvet shaders

3. Velvet preset from Fabricator, displacement turned down.

 

I use Fisty's sparkles and velvets a LOT as well as Calida's very versatile velvets.