Translation:The women like colorful umbrellas.
Yes. There are perhaps two points that poor tdattolo may be struggling with here. 1) Understanding how the verb "piacere" works which, like only a few others, works differently as seibolt has indicated. 2) The suggested translations in duolingo are not always absolutely correct - just hints perhaps made to make us think a bit more. (Sometimes just a pain!)
A good link may be http://italian.about.com/od/verbs/a/italian-verb-piacere.htm to really get to grips with "piacere" and similar verbs.