The global watch industry produces an estimated 1.2 billion units a year. With around, 7.5 billion people on the planet, that means that over a 6 and a half year period, enough are made for every one of us to go out and buy a brand new watch of our own. In reality, that’s not what happens. For starters, just because all these watches are being churned out, doesn't mean that anyone is actually buying them. Lots of people can’t understand why you would spend money on a wrist watch. After all, ...