A woman in a bright pink and green skirt carries a large wicker basket on her back up a stone-cobbled street.
The woman is carrying a basket down the street.
A woman currently carries the basket along the street, this is a summary without the description of her clothes and the type of street.
'The woman is carrying a basket down the street' is a less detailed rephrasing of 'A woman....carries a large wicker basket...up a stone-cobbled street'.
Woman in a bright pink and green skirt is a type of woman, and large wicker basket is a type of basket.