I wrapped lace around woman (5)
I believe the answer is:
alice
'woman' is the definition.
'i wrapped lace around' is the wordplay.
'wrapped' indicates putting letters inside.
'around' is an anagram indicator.
'lace' anagrammed gives 'alce'.
'i' inserted into 'alce' is 'ALICE'.
(Other definitions for alice that I've seen before include "Movement" , "Carrol's heroine" , "Girl in literary Wonderland" , "Lewis Carroll character" , "Wonderland girl; --- B. Toklas" .)