The festival characterized by the tradition of gifting chocolates and flowers on Valentine’s Day is known as Valentine’s Day. Celebrated on February 14th, this romantic holiday honors love and affection between partners. People express their feelings through presents like chocolates, flowers (particularly red roses), and heartfelt notes or cards. The celebration dates back to ancient Roman rituals and has evolved over time into a widely recognized custom across many cultures. Retailers often capitalize on this occasion, offering various gifts and experiences catering to romantic gestures, thus contributing to the economy while promoting expressions of love and connection.