Improved, not dry, perhaps mild (4)
I believe the answer is:
beer
'perhaps mild' is the definition.
(mild is a kind of beer)
I cannot understand how the remainder of the clue works.
Can you help me to learn more?
(Other definitions for beer that I've seen before include "Stout, for example" , "Hopped drink" , "Drink with a head" , "Drink brewed with malt" , "Fermented alcoholic beverage" .)