That lady gets ring and one piece of footwear (4)
I believe the answer is:
shoe
'footwear' is the definition.
(shoe is a kind of footwear)
'that lady gets ring' is the wordplay.
'that lady' becomes 'she' (I've seen this before).
'gets' means one lot of letters goes inside another (gets can mean captures or absorbs).
'ring' becomes 'o' (letter resembling a ring).
'she' going around 'o' is 'SHOE'.
'and one piece of' is the link.
This may not be correct. Some or all of it may belong to another bit of the clue.
Can you help me to learn more?
(Other definitions for shoe that I've seen before include "Oxford, perhaps" , "Sandal or brogue?" , "trainer, for example" , "Oxford, say" , "Rim of metal nailed to a horse's hoof" .)