The most common and most likely answer to this crossword clue is the 5 plus 5 letter word CHICK FLICK
I've seen this crossword clue in The Guardian
C
H
I
C
K
F
L
I
C
K
More clues leading to the result CHICK FLICK
Buddy explains!

The straight part
We know that "Release for women" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case release for women = chick flick.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.