That plus this

Equals this

I guess 60's and 70's comedian Phyllis Diller was more fashion forward than anyone could have known.

Give me style over fashion. I'll have what she's having:

That's not even the best example of one of Coco Chanel's timeless looks.
I don't think the Apple Watch is quite there yet. But Jony can streamline the look a bit more so that it can attain elegance with the right accessories. Generation 2 or 3 could attain high style.
But I do think the current Apple Watch has already attained a certain level of fashion. It has a versatile look depending on the band and face you choose for it.