The most common and most likely answer to this crossword clue is the 8 letter word CORDOVAN
I've seen this crossword clue in The Daily Telegraph
C
O
R
D
O
V
A
N
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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 CORDOVAN mean?
CORDOVAN noun- A leather from Córdoba originally of tanned goatskin later of horsehide.
- A shoe made from cordovan leather
- Oxblood (the color)