Crossword Genius

Ace times in Arts Centre rocking in fashionable way? (7,6)

Ross

I believe the answer is:

carnaby street

I'm a little stuck... Click here to teach me more about this clue!

'rocking in fashionable way?' is the definition.
I don't know anything about this answer so I can't tell whether it can be defined by this definition.

'ace times in arts centre' is the wordplay.
I cannot quite understand how this works, but
'ace' could be 'a' (abbreviation) and 'a' is located in the answer.
'times' could be 'by' (both can mean 'multiplied by') and 'by' is present in the answer.
an anagram of 'arts' is 'astr' which is present in the left over letters.
an anagram of 'centre' is 'crneet' which is present in the remaining letters.
This accounts for all the letters.
This explanation may well be incorrect...

Can you help me to learn more?

(Other definitions for carnaby street that I've seen before include "London thoroughfare, synonymous in the 1960s with the latest fashion" , "Soho fashion zone" , "Top Gear producer" , "Soho fashion centre" , "Trendy sixties shopping location" .)

I've seen this clue in The Independent.
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