The most common and most likely answer to this crossword clue is the 8 letter word BUCKSKIN
I've seen this crossword clue in Financial Times
B
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K
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Buddy explains!

The straight part
We know that "suede leather/suede leather" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case suede leather/suede leather = buckskin.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 BUCKSKIN mean?
BUCKSKIN noun- The skin of a male deer, a buck.
- Clothing made from buckskin.
- A grayish yellow in colour.
- A soft strong leather, usually yellowish or grayish in color, made of deerskin.
- A person clothed in buckskin, particularly an American soldier of the Revolutionary war.
- Breeches made of buckskin.
- Of a grayish yellow in colour.