The prince was enchanted by the princess’ beauty.
The king bought a wooden desk for the princess.
The princess expresses her joy by doing backward somersaults.
The "king woman" is the princess. How do you tell this word apart from 女王, which means "queen?" Well, the 女 part comes before the 王 when it's a queen, because the queen always comes before the princess (they're usually pretty selfish in the stories, right?). As for the princess, the 女 comes after the king, because she doesn't have as much power. That's why this one is princess.
This is a jukugo word, which usually means on'yomi readings from the kanji. If you know the readings of your kanji you'll know how to read this as well.