Displays suede pants — around five pairs? (6)
I believe the answer is:
exudes
'displays' is the definition.
(exude can mean to display or release)
'suede pants around five pairs?' is the wordplay.
'pants' indicates an anagram (UK informal term for 'nonsense' or 'rubbish').
'around' is an insertion indicator.
'five pairs?' becomes 'X' (Roman numeral for ten).
'suede' anagrammed gives 'eudes'.
'eudes' going around 'x' is 'EXUDES'.
(Other definitions for exudes that I've seen before include "Oozes out or shows freely" , "Oozes out or emits" .)