Chap well-dressed in red and yellow (5)
I believe the answer is:
dandy
'chap well-dressed' is the definition.
I can't judge whether this defines the answer.
'in red and yellow' is the wordplay.
'in' indicates a hidden word.
'DANDY' is hidden in the letters of 'red and yellow'.
Can you help me to learn more?
(Other definitions for dandy that I've seen before include "Fashionable fellow" , "Fine for American" , "Old comic" , "Marathon running strips" , "Fop; excellent (US)" .)