actually you might lose some of the bonuses cause how the armor skills work. Most all skills need to have a total of 10 points to activate a skill. Sometimes it needs 15(or for higher grade like def up medium) and sometimes 20 for highest grade like def up large.
so all the +1's, +2's, +3's, etc, you see on your individual armor pieces, dont do anything by themselves, nothing at all. However if your other armors, ie, chest, gloves, legs, etc, all add a same skill, if they all add up to equal 10 or more, then you'll get the skill activated.