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Acronymfinder

What does LG stand for?

LG stands for Luxury Goods


This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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We have 23 other definitions for LG in our Acronym Attic

Samples in periodicals archive:

The Middle East luxury goods market has achieved a growth of 10 to 15 per cent this year as compared to 2011, establishing the region as the 10th largest luxury goods market in the world; according to a recent study by Bain & Company.
But Cohen says that the market is complex and that while billionaires, especially Asian and Middle Eastern ones, have cash to burn, many luxury goods companies are dependent on a 'broad belt' of money coming in from people in the developed world 'who have either inherited relatively moderate sums, or command good salaries and bonuses'.
The posting cited an undated HSBC study that said 45 percent of all world luxury goods were purchased by Japanese consumers.