Vern’s old lady’s fancy women’s hats (5,7)

I believe the answer is:

dolly vardens

'women's hats' is the definition.
(hats recalling the Dickens character Dolly Vardens)

'vern's old lady's fancy' is the wordplay.
'fancy' indicates an anagram.
'verns'+'old'+'lady'='vernsoldlady'
'vernsoldlady' is an anagram of 'DOLLY VARDENS'.

I've seen this clue in The Times.

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