Crossword Genius

New lace - it's stretchy (7)

Ross

I believe the answer is:

elastic

'stretchy' is the definition.
(something elastic can be stretched)

'new lace it's' is the wordplay.
'new' indicates an anagram.
'lace'+'its'='laceits'
'laceits' is an anagram of 'ELASTIC'.

(Other definitions for elastic that I've seen before include "Material that stretches" , "capable of adapting to change?" , "'Flexible, springy (7)'" , "Springing back to shape after stretching" , "Material for bands" .)

I've seen this clue in The Daily Express.
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