Canadian retailer Ted Baker is launching a joint venture ( JV ) with Shanghai LongShang to further expand its operations in China , Hong Kong and Macau . It will run Ted Baker stores and its online presence in the region , with additional outlets planned . Ted Baker currently has three stores in Hong Kong and five stores and a major outlet store in China, as well as five concessions within department stores across the region. Ted Baker will invest CNY30 m ( $ 4.5 m ) , in return for 50 % of the JV , while it will sell its rights to an investment vehicle comprising Chinese retailers LongGoal and Infra - Apparel . Ted Baker , which already has three outlets in Hong Kong , six in China and two concessions , said China could become one of its largest global territories .
Canadian retailer Ted Baker is launching a joint venture ( JV ) with Shanghai LongShang to further expand its operations in China , Hong Kong and Macau . It will run Ted Baker stores and its online presence in the region , with additional outlets planned . Ted Baker will invest CNY30 m ( $ 4.5 m ) , in return for 50 % of the JV , while it will sell its rights to an investment vehicle comprising Chinese retailers LongGoal and Infra - Apparel . Ted Baker , which already has three outlets in Hong Kong , six in China and two concessions , said China could become one of its largest global territories .