Cryptic crossword clue
Old man in sham woolly shawl 8

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

I've seen this crossword clue in The Daily Telegraph
P
A
S
H
M
I
N
A

Buddy explains!

The straight part
We know that "shawl" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case shawl = pashmina.
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 PASHMINA mean?

PASHMINA noun
  1. A Cashmere; a goat native to Kashmir.
  2. Cashmere: the fine wool that grows under the hair of this goat.
  3. Cashmere: a soft fabric made from this wool.

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