Keeps on ticking

Keeps on ticking: Last month, I wondered how there could be so many expensive watch ads in the Robb Report. The NY Times today picks up on the trend:


“Jewelry, especially fancy, high-priced watches, rose 35 percent over last Christmas,” said C. Britt Beemer, chairman of America’s Research Group, which polls both shoppers and retailers. “For corporate executives, C.E.O.’s and Wall Streeters, the watch is now as much a status symbol as the car they drive. It was the big gift they gave themselves this Christmas.”

Go figure. My Timex Ironman is all I need.