You could maybe consider separating the cloak into two objects (since it's currently two layers textured onto one plane) that would give you a bit more freedom.
Looking sweet Z! A few points I'd say maybe need a revisit : Sword - The leather on the handle looks a little unfinished compared to the blade and guard, maybe up the saturation a bit and add a bit of wear and tear. The handle also looks thinner on the concept and I think that adds to the design of the sword, you're looks…