Here is a little screenshot peek at the upcoming equipment section.
It will have your favorite weapons, armor, gear, magic items, potion, poisons, etc from the various sources.
You will be able to equip all items as you see fit, there will not be just one slot for the neck for example. Two necklaces, a cloak, and a insignia or a brooch, is all possible.
Armor and weapons still are limited to a single armor, and a combination of a two-hander/two one-handers/onehand and shield as so on.