Good question. I don't believe that it would affect the Apple Watch. If it did, it would likely just be something to do with the sensors for the heart rate monitor. But otherwise, I would say no, it shouldn't affect the Apple Watch. Likely depending on how strong the magnets were.
Something to thing to keep in mind. The Watch has magnets in it near the back. So there is a chance of the bracelet and Watch being attracted to each other.
Something to thing to keep in mind. The Watch has magnets in it near the back. So there is a chance of the bracelet and Watch being attracted to each other.
Something to thing to keep in mind. The Watch has magnets in it near the back. So there is a chance of the bracelet and Watch being attracted to each other.