Oddly, Dad’s lower after losing old loafers (8)

I believe the answer is:

dawdlers

'loafers' is the definition.
(dawdler is a kind of loafer)

'oddly dad's lower after losing old' is the wordplay.
'oddly' is an anagram indicator.
'after losing' indicates named letters should be taken away.
'old' becomes 'o' (common abbreviation eg in OE for Old English).
'dads'+'lower'='dadslower'
'dadslower' with 'o' removed is 'dadslwer'.
'dadslwer' anagrammed gives 'DAWDLERS'.

I've seen this clue in The Hindu.

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