@SilverBladeUY I don't think it's localized Damage reduction, I think the gloves popped up for that frame due to the additional effect that it made the user immune to hand injuries.
@dasheek I don't think it's multiplicative stacking with eachother, just looking at the values so far.
There's some gaps but it's looking to be additive? We know his new helm is +15% reduction, his poison he consumed was +20%, he got that high knight's chest armor for +7%, and +3% for his gloves. Those numbers would result in only a 38.7% reduction if it were multiplicative, vs the listed 46% (unsure if that's 46% + 15% from the helm for 61%, OR 46% counting the helm. Likely it's counting the helm, and the archer's boots that we didn't see the stats of have 1% reduction, while the high mage's ring from the previous chapter doesn't have any physical reduction, which would get us to the 46% listed value)
Of course, it's possible it's multiplicative and the high mage's ring + archer's boots he has make up the difference we're missing (though I'd hesitate to assume this, given the +15% listed next to that 46%)
This is entirely more thought than I expected to put into this, but here we are