Could this be The Dragon in the Sword (1986) by Michael Moorcock? There are talking bears who use incense to cover the stench of humans.
I was surprised, even while I was grateful to her. It seemed completely wrong to my expectations that such a wonderfully decorative city should not indulge the most elaborate of ceremonies. And I had thought we were to be inspected by a whole host of noble bears. Now I could only presume that these were the only ones. Certainly the only ones we should meet.
The large room was heavily perfumed. From the fireplace in the centre of the left-hand wall great gusts of incense billowed. I realised that our odour must be inconceivably disgusting to them for them to go to such pains.
Several characters wear ivory armour:
The women in white are said to be cannibals. They are not like other human beings. They give birth only to girls, which means they must buy or steal men from other realms, for obvious reasons. We call them the Ghost Women. They are clad entirely in ivory armour, from crown to instep, and one rarely sees their faces. We are taught to be afraid of them and to stay clear of their ships. Sometimes they make forays into other realms for males.