Text about new hit fashions (6)
I believe the answer is:
smiths
'fashions' is the definition.
(smith can mean to fashion or forge)
'text about new hit' is the wordplay.
'text' becomes 'SMS' (abbreviation for Short Message Service).
'about' means one lot of letters goes inside another.
'new' is an anagram indicator.
'hit' anagrammed gives 'ith'.
'sms' enclosing 'ith' is 'SMITHS'.
(Other definitions for smiths that I've seen before include "Fashions" , "Workers in metal" , "They make things in metal, may be black" , "We forge" , "They make things in metal - horseshoes?" .)