Watches are an age-old status symbol but in recent years they have transitioned from purely a functional element of dressing, to an accessory in their own right. As a result, we love to know the watch(es) our favorite celebrities wear. Indeed, many celebrities and sports legends even hold sponsorship contracts with many luxury brand name watch manufacturers, including Cameron Diaz, LeonardoDicaprio, Brad Pitt, Angelina Jolie, Tiger Woods, Maria Sharapova and many more. However, in recent months, an interesting trend has been noticed within the watch industry as Hollywood stars and starlets have been seen favoring lesser-known, more affordable brand name…