dress watches aging out?

[sambb]

ive been looking for a nice dress watch (PP, Lange, VC). I just went to dinner with a younger couple in their late 20s, and showed them some of the watches im looking at. They subtley led me to believe that the perception of these wathces (calatrava, saxonia, patrimony, and even DD) are more "old people" watches. Im sure these things are cyclical, but are the demographics of the dress watch aging out? We discussed lots of other things - casual wear at work, suit sales are down 30-40%, a more informal culture, etc. Is this a permanent shift? (seems that men are wearing fewer ties to work, and the women are also dressing more casually, even at work events)