Cryptic crossword clue
Coloured fluid upset, water ruined fleece perhaps? 8

The most common and most likely answer to this crossword clue is the 8 letter word KNITWEAR

I've seen this crossword clue in Financial Times
K
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T
W
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Buddy explains!

The straight part
We know that "fleece perhaps" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case fleece perhaps = knitwear.
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 KNITWEAR mean?

KNITWEAR noun
  1. Knitted garments

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