Fashion monthly (4)
I believe the answer is:
'fashion monthly' is the definition.
(I've seen this in another clue)
This is the entire clue.
(Other definitions for elle that I've seen before include "Is she in France" , "French word for 'she'" , "World's best-selling fashion magazine" , "Fashion magazine - the French "She"" , "Ms MacPherson, supermodel" .)