Point the tear out in the clothing (7)
I believe the answer is:
raiment
'the clothing' is the definition.
(raiment is a kind of clothing)
'point the tear out' is the wordplay.
'point' becomes 'aim' (I've seen this before).
'the tear' becomes 'rent' (rent is a kind of tear).
'out' is an insertion indicator.
'aim' placed into 'rent' is 'RAIMENT'.
'in' acts as a link.
(Other definitions for raiment that I've seen before include "these garments are old-fashioned" , "Old word for fine clothing" , "Clobber" , "Garment" , "Gear" .)