The story
Fairwood was founded by Dennis Lo Fong-cheung, brother of Vitasoy founder Lo Kwee-seong and Café de Coral founder Victor Lo Tang-seong. It opened its first restaurant in December 1972 in Chung On Street, Tsuen Wan, and its second in Fuk Wing Street, Sham Shui Po, five years later. By September 1991, when Fairwood made its initial public offering, it had expanded to 52 locations and operated its own facility for processing food in an effort to lower costs and maintain consistency.
On 31 December 2008, Fairwood announced that Chan Chee Shing would replace Dennis Lo as CEO of Fairwood Holdings, with Mr Lo retaining his position as Chairman.
Rebranding
Fairwood originally adopted a green color scheme in its first stores and used a happy clown on its logo. Its name literally means "big happiness".
The SARS outbreak in 2003 had a negative impact on the fast food industry in Hong Kong and as a result, Fairwood conducted research and subsequently rebranded itself. It contracted graphics designer Alan Chan to design its new logo, that of a "jumping man" which is made to resemble the Chinese character for "big" (大). Overnight, Fairwood changed all the signs on its stores.
On 18 November 2003, Fairwood launched a new flagship store in Causeway Bay. The new store concept, designed by Steve Leung and Yasumichi Morita, featured shades of orange, vinyl material, and an overall vibrant look that was intended to increase the restaurant's appeal.
In addition to a visual redesign, Fairwood reformulated and improved its signature dishes and released them under the "Ah Wood" brand. These dishes included such favorites as curry beef brisket and baked pork chop over rice. Fairwood also banned smoking in all of its restaurants, a first for any fast food chain in Hong Kong at the time. This was before the public smoking ban in indoor areas in Hong Kong in 2007.
Expansion
In March 2007, Fairwood announced its plans to increase its restaurant count to 100 in Hong Kong and to 30 in Mainland China by 2010. This expansion will be accompanied by a marketing campaign featuring celebrities in order to attract a more youthful crowd. In addition, Fairwood will expand its menu in its Mainland outlets to better cater to local tastes.
From Wikipedia’s article on Fairwood (restaurant), shared under CC BY-SA 4.0.4