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I would try and integrate the e-swoop symbol with the rest of the word "elegance". The symbol itself I think does, and evokes a womanly form but the trouble is it's a bit hard to see it as an "e", so it ends up looking random. It also ends up balancing the image too far to the left. Pink is best for sure. Bottom color combination feels a bit weak.

Sorry, the above should read "does work"