I don't have a favorite jacket or pair of gloves, I have a wide range of gear that fits different purposes, dirt, track, street, touring, etc.
For touring, I am currently wearing a REV'IT! Air Jacket. I like mesh gear because I tend to overheat a lot and if I get cold, it is easy to put a sweater underneath and a waterproof windbreaker over which covers 100% of all the riding conditions on the road and doesn't take up much space on the bike if we need to store it to go hiking.
What I look for in touring gear, assuming all the abrasion-resistance and CE protection is there (which in a lot of gear it is):
- lightweight and roomy enough to be layerable
- lots of pockets. It would be nice to find a mesh jacket with one 100% waterproof pocket to put an iPhone/wallet in (just in case you get stuck in a surprise downpour). Right now it's a ziplock baggie.
- zip-to-pants
- a collar that provides some neck protection (no Mandarin cut) but with a clasp that doesn't chafe too much
- dark/dirt-coloured so I don't have to wash it often
- reflective piping/paneling is nice
- good fit. The North American brands don't have numbered sizing and most are too big around the waist, the European cuts are more fitted so the material doesn't move around that much when riding.
I tried the BMW Rallye Suits. Well made, but holy crap they are heavy. And not easily storeable when away from the bike. Also, the waterproof layer is under the jacket, so the outside gets waterlogged and even more heavy. All the waterproof gear I own is GORE-TEX and doesn't rely on a waterproof liner. Only problem with GORE-TEX is that the waterproofing doesn't last more than a few seasons.
I wear Dainese Air-Tex gloves. They're very comfortable in hot weather, but probably not as protective as leather with armor. I had a pair of BMW Rallye gloves that I liked, but my wife stole them.