She was... freaking out. You were surprised that the ring worked, but right away, made a wish to fix things: "I wish no one cares about being naked," you said, and the attractive woman stops screaming. Everyone on the street walks along as if nothing happened, and so does the naked woman. You suppose this fixes the problem.
You turn around and walk along as if nothing happened as well "Holy crap," you think, "this ring can actually make wishes come true! This is amazing." You look around the street thinking about more things you could do with this spell, when your eyes fall on a young girl. She must be around ten years old, but as you are looking at her, all of the clothes she was just wearing suddenly disappeared. Nobody seemed to mind the girl suddenly being naked - not even the girl herself - but this confuses you a lot. You take a look at the mother standing right next to her, and sure enough, as soon as you look at her, her clothes disappear as well.
You look at a few more women on the street, and as soon as you focus your attention on them, their clothes disappear. Seeing all these breasts and vaginas, you start to feel horny. You've realized the mistake you've made: you've specified that clothes of the "female you're looking at" would disappear, but never specified a specific female. It's a good thing you also wished that no one cares about being naked anymore, or else you'd expected a mass panic to have broken out by now.
You notice Alice, a friend of yours, walking across the street. Of course, as soon as you see her, all the clothes she was wearing disappeared. You have to do something about this, right?