Removed gear with no thread left (8)

I believe the answer is:

stripped

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'removed' is the definition.
(stripping is a kind of removing)

I can't explain the remainder of the clue.

(Other definitions for stripped that I've seen before include "Removed paint - or clothes" , "behaved 'naughtily' in club?" , "Undressed" , "Removed clothing, perhaps forpay" , "having no gear" .)

I've seen this clue in The Globe and Mail.

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