Crossword Genius

Swaps third husband with magical ladies (8)

Ross

I believe the answer is:

switches

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'swaps' is the definition.
(I know this)

'third husband with magical ladies' is the wordplay.
'third husband' becomes 's' (crd letter of 'husband').
'with' becomes 'w' (abbreviation).
'magical ladies' becomes 'itches' (I can't justify this - if you can you should believe this answer much more).
's'+'w'+'itches'='SWITCHES'

Can you help me to learn more?

(Another definition for switches that I've seen is " changes".)

I've seen this clue in the Sydney Morning Herald.
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