Are Luminox watches (like the one Aaron Marino of alpha m. owns and wears) appropriate to wear with a suit and when dressed-up? The answer is probably not.
When Aaron gets dressed-up, he doesn't wear his casual or sport watch. He doesn't wear a watch at all since he doesn't own a dress watch. The Luminox is casual and looks out-of-place with dress clothes. Reciprocally, a dress watch wouldn't balance with a tank top, shorts, and flip flops. The accessory, like the men's watch, should balance with the level of dressiness.