Fine underwear (women's) (4)
I believe the answer is:
braw
'fine' is the definition.
('braw' can be a synonym of 'fine')
'underwear women's' is the wordplay.
'underwear' becomes 'bra' (I've seen this before).
'women' becomes 'w'.
'bra'+'w'='BRAW'
(Another definition for braw that I've seen is " Fine (for the Scots)".)
I've seen this clue in The Telegraph.
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