Fabric coat from Versace with grim look (6)
I believe the answer is:
velour
'fabric' is the definition.
(velour is a kind of fabric)
'coat from versace with grim look' is the wordplay.
'coat from' means to remove the middle letters (outside letters 'coat' the word).
'with' says to put letters next to each other.
'grim look' becomes 'lour' (lour can mean a scowl or frown).
'versace' with its middle removed is 've'.
've'+'lour'='VELOUR'
(Other definitions for velour that I've seen before include "Louvre (anag) - fabric" , "Velvet-like fabric" , "A plush-like fabric often on furniture" , "Plushlike fabric used in louver" .)