Yup, as Terrence said, some of the most expensive watches in the world don't have lume, eg. Pateks, A. Lange etc. Not sure if patek sport models like the aquanaut and nautilus have lume though. Haven't gone to check them out.
Having lume is good, but sometimes bad, like in a cinema, have to cover the monster or will get scolded for distracting. Haha! :p