Velvety fabric (8)
I believe the answer is:
chenille
'velvety fabric' is the definition.
(I've seen this before)
This is the entire clue.
(Other definitions for chenille that I've seen before include "Hellenic (anag) - material" , "Soft cord fabric" , "Silk fabric in nice hell" , "'Soft, shiny, velvety material (8)'" , "cloth" .)