Is it permissible for sisters to exchange decorated clothes to wear in front of their husbands while concealing the source of these clothes from them, and is it true that a woman is not allowed to place her clothes anywhere other than her home?

The intended meaning of "removing clothes" mentioned in the hadith is to take them off in front of a non-mahram man and expose oneself to him for sexual intercourse or his pleasure. This is unlike removing clothes among women while covering the awrah, as that does not fall under the warning. Therefore, there is no harm in two sisters exchanging clothes so that each may adorn herself for her husband.