Ridiculous past haircuts and jumpers (12)

I believe the answer is:

parachutists

'jumpers' is the definition.
(I know this)

'ridiculous past haircuts' is the wordplay.
'ridiculous' is an anagram indicator.
'past'+'haircuts'='pasthaircuts'
'pasthaircuts' with letters rearranged gives 'PARACHUTISTS'.

'and' acts as a link.

(Another definition for parachutists that I've seen is " dropouts".)

I've seen this clue in The Sunday Times and The Times.

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