Drink and go round naked (3)
I believe the answer is:
kir
'drink' is the definition.
(type of cocktail)
'go round naked' is the wordplay.
'go round' becomes 'skirt' (I've seen this before).
'naked' means to look at the middle letters.
The middle letters of 'skirt' are 'KIR'.
'and' is the link.
(Other definitions for kir that I've seen before include "One that's drunk" , "Cassis-flavoured wine" , "Cocktail" , "Drink of white wine and cassis" , "Mixture of white wine and cassis" .)