We like the direction you are going with this draft. Particularly, the gold in DOLCE and the use of a branding element as the O. If you would, continue to offer other designs with this same approach.
We LOVE the direction you're going! Maybe be a little more obvious with the water/leaf element which we didn't notice until we read your post, but once we did we saw it and were impressed!!! Can you develop that more? And try a few other things - you're style seems to mesh well with ours. Thumbs up!
Still love the yin-yang spin on the "o" and I like the way you separated it more. Is there a way to maybe highlight just a bit more? Maybe a line of blue and a line of green going through it? Another angle we're looking for is to play up the D in Dolce more so eventually we can just use the 'D' on our products like NIKE uses the swoosh.