These navy blue gift boxes are made of textured leatherette and have a magnetic lid closure. The lid features a stylish curved design that adds an element of luxury. The boxes are folding and easy to assemble, and they can be reused many times due to their high-quality construction. They have the look and feel of a rigid box, but they can be folded to save storage space. The navy blue color and unique leatherette texture make them ideal for many special occasions and holidays.