Louis Vuitton Buys World's Second-Largest Diamond

Louis Vuitton recently purchased the world's second-largest diamond, signaling the French fashion house's interest in the high-end jewelry market. The 1,758 rough diamond was originally recovered by Lucara Diamond Corp last April in Botswana. The palm-sized rock has been nicknamed "Sewelo" or "rare find" in the southern African Tswana language.Lucara and Louis Vuitton have yet to put a price on the diamond, having expressed that the stone's "full potential" will only be revealed after it has bee...