Luxury Headlines – 10/11/2025
Luxury Headlines – 10/11/2025
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Rivian Releases Strong Q3 2025 Results
Rivian, the American automotive manufacturer and provider of End-to-End Vehicle Solutions, reported Q3 2025 financial and operational results. The company produced 10,720 vehicles and delivered 13,201 vehicles, anticipated as the highest delivery quarter of the year. Consolidated revenues reached $1.558 billion, a 78% year-over-year increase. The automotive revenues totaled $1.142 billion, up 47%, while software and services revenues amounted to $416 million, a 324% increase, driven by new electrical architecture and software development services. Rivian highlights significant progress on its R2 platform and technology roadmap, stressing the fact that vertical integration will define the brand in the future electric and autonomous vehicle industry.
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Lucid Achieves 68% Year-Over-Year Revenue Growth in Q3 2025
Lucid, the Silicon Valley-based EV developer and manufacturer, posted robust Q3 2025 revenues of $336.6 million, equivalent to +68% year-over-year growth. Vehicle production for Q3 totaled 3,891 units, representing a +116% increase, in addition to more than 1,000 vehicles built for final assembly in Saudi Arabia. Deliveries reached 4,078 vehicles in Q3, a +47% increase over Q3 2024. The DDTL credit facility was expanded from $750 million to approximately $2.0 billion. This increase raises the pro forma total liquidity from the actual $4.2 billion to approximately $5.5 billion. Strategically, the company is advancing Level 4 autonomous driving capabilities through a robotaxi partnership and a new collaboration with NVIDIA.
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LVMH Marc Jacobs Sale On Hold
The sale of Marc Jacobs to Authentic Brands Group (ABG) has fallen through, putting the sale of the brand on hold for now. LVMH has been seeking a buyer for the brand, reportedly setting a $1 billion price target.
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Balmain Confirms the Departure of Olivier Rousteing
Balmain announced the departure of creative director, Olivier Rousteing, concluding his significant 14-year tenure marked by growth and bold creative direction. Olivier Rousteing became Balmain's Creative Director in 2011 at age 25, making history as the first Black designer to lead a French fashion house. The CEO praised his visionary leadership, highlighting his bold creativity and commitment to inclusivity.
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Chalhoub Group Initiates New Brand Strategy with Makette
Chalhoub Group, a pioneer in luxury retail and brand building headquartered in Dubai, is expanding with the debut of Makette, a modular leather goods line. This initiative, led by Ana Canadas, addresses the market gap of increasing luxury handbag prices coupled with perceived declining quality. Makette's inaugural collection, Study 01, focuses on high-quality, high-functioning bags crafted in Ubrique, Spain, using Leather Working Group-certified materials. The brand operates a primarily DTC model via its website, distributing globally from Spain to maintain brand equity. Makette integrates as well NFC-enabled Digital Passport for supply chain traceability and authenticity.
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Longines Opens Third US Retail Location in NYC's Soho District
The Swiss watchmaker Longines opened its first Soho store at 128 Spring Street, New York City. This new location is the brand's third U.S. retail store and its second in NYC, marking a continued expansion of its retail footprint. The store's design is a blend of local NYC architectural elements, such as brick and cast iron, with the 193-year-old brand's heritage, referencing its contributions to aviation and equestrian sports. The opening was attended by Longines executives and brand ambassador Jennifer Lawrence.
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Dior Opens First Boutique in Stockholm, Sweden
Dior has inaugurated its first boutique in Sweden, located on Stockholm’s Birger Jarlsgatan Avenue. The 2-story flagship features the brand signature cannage façade and Versailles parquet flooring. The space showcases work by Swedish artists, honoring Christian Dior's legacy. The store currently displays the 2026 Cruise Collection, classic accessories like the Lady Dior, jewelry, and the Dior Icons Neo-wardrobe for men. The opening supports Dior's expansion across northern Europe, which includes existing locations in Oslo, Brussels, Luxembourg, and Amsterdam.
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Dua Lipa Launches Skincare Line with Augustinus Bader
The Augustinus Bader skincare brand is launching Dua, a 3-product line developed in collaboration with entertainer Dua Lipa. The collection, made of a cleanser, cream, and glow complex, is priced between $40 and $80 and debuts globally in DTC channels. The collaboration features Bader’s new TFC5 ingredient, targeting a slightly younger demographic than their core clientele. Dua Lipa provided creative input on product textures and packaging design.
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Van Cleef & Arpels Revitalizes Alhambra with Convertible Designs
Van Cleef & Arpels is updating its iconic Alhambra line with new convertible pieces to maintain the line’s identity. New additions include a long Magic Alhambra necklace that converts into a bracelet, and a Vintage Alhambra ring featuring a reversible head. For VCA, expanding the fine jewelry business beyond the Alhambra collection is a continuous priority, driven by a need for permanent creativity and the introduction of new symbols and collections.
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