I have had this sleeve for some two weeks and like it. Firstly, THE SMELL .... not an issue for me. Yes, when it arrives, it does have an odour. However you have to put your nose into the case to smell it. Two weeks later, even with the conk inserted, it is hardly detectable.
This is a nice quality, simple sleeve. It is very slim. I like the pull the cord and the phone pops up feature. It does add protection and does not appear cheap.
However it is not perfect. The top edge of my Note 3 is level with the top of the case. If dropped that edge could be damaged. Also, after two weeks of use, the phone slips very smoothly in and out of this sleeve. If held upside down, it could easily drop out.