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She seduces men using her feminine wiles.
Literal
She [topic-は] seduction-tactics [with-で] men [object-を] seduces.
色仕掛け (いろじかけ) means 'using sex appeal as a tool, seduction tactics.' It's a compound noun: 色 ('romantic/sexual') + 仕掛け ('device, scheme'). 誘惑する (ゆうわくする, 'to tempt, to seduce') is the formal verb for seduction. The sentence describes calculated charm rather than natural attraction.