The most common and most likely answer to this crossword clue is the 8 letter word SPORRANS
I've seen this crossword clue in Independent
S
P
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R
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A
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S
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The straight part
We know that "Bags" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case bags = sporrans.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does SPORRANS mean?
SPORRANS noun- A small pouch, usually made of either fur or plain or fur-trimmed leather, which is worn, suspended from a belt or chain, on the front of a kilt and used to hold various items normally carried in trouser pockets.