Although I've heard the watch industry is hurting since most people now use their cell phone to keep track of time, watches will always be in vogue as a fashion statement. Matter of fact, I have a cheapo one just for the pink wristband. Doesn't actually work but that's not why I bought it.
I hear you. I don't wear them often. I two, my wife has ten or so...interestingly enough her fav is a man's watch
Mobiles (sorry, 'cell phones' :-D ) are one thing, but I don't think that they (yet) help you accessorise an outfit unlike a good wrist watch.
You got that right, sista