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A selection of concept TAG wristwatches, produced by TAG Heuer, a luxury timepiece unit of LVMH Moet Hennessy Louis Vuitton SA, sit on display inside the company's plant in La Chaux-de-Fonds, near Neuchatel, Switzerland, on Friday, Jan. 16, 2015. LVMH, which is considering whether to join the race to develop a smartwatch, figures its TAG Heuer is the best -- and only -- brand in its portfolio for such a product. Photographer: Simon Dawson/Bloomberg via Getty Images

A selection of concept TAG wristwatches, produced by TAG Heuer, a luxury timepiece unit of LVMH Moet Hennessy Louis Vuitton SA, sit on display inside the company's plant in La Chaux-de-Fonds, near Neuchatel, Switzerland, on Friday, Jan. 16, 2015. LVMH, which is considering whether to join the race to develop a smartwatch, figures its TAG Heuer is the best -- and only -- brand in its portfolio for such a product. Photographer: Simon Dawson/Bloomberg via Getty Images