Monogram Madness by Michael Smith. Good union of two letterforms. However the area of innovation is what the designer left out as the "C" in space intersects the "B" and color cleverly directs the eye.
Logo: This is an interesting logo because it's for a fashion designer and her name is written to look like a hanger. I don't think a real high fashion designer would actually do this for their logo, but it still looks pretty cool.